Product Overview
FlowAxis is a semi-automated Expert Advisor for Meta Trader 5 designed for traders who rely on manual trendline analysis and want precise, rule-based trade execution.
Instead of guessing market direction, the trader defines the trend visually, and FlowAxis executes trades automatically when price interacts with predefined trendlines. This approach combines human market analysis with disciplined, rule-based execution.
How FlowAxis Works (BUY & SELL Logic)
Entry Trendline
▪︎ The trader manually draws a yellow trendline on the chart.
▪︎ If the yellow trendline is drawn below the current price, touching the line opens a BUY trade.
▪︎ If the yellow trendline is drawn above the current price, touching the line opens a SELL trade.
▪︎ This allows support-based BUY entries and resistance-based SELL entries using pure price action.
Stop Loss Trendline
▪︎ A red trendline is drawn manually to define the stop loss reference.
▪︎ Once a trade is activated, the stop loss is calculated automatically based on this red trendline.
▪︎ The stop loss level is determined by projecting a vertical distance from the trade entry price to the red trendline.
Take Profit Trendline
▪︎ A green trendline is drawn manually to define the take profit level.
▪︎ When price touches the green trendline, the trade is closed in profit.
Key Concept
The EA does not decide market direction.
All strategic decisions are made by the trader through manual trendline placement, while the EA ensures:
▪︎ Accurate order execution
▪︎ Discipline in trade management
▪︎ Elimination of emotional interference
Money Management Features
Fixed Lot Size (Optional)
▪︎ Trades can be opened using a fixed lot size defined by the user.
▪︎ Each trade uses the same volume regardless of account balance or trade distance.
Risk-Based Position Sizing (Optional)
▪︎ Trade size can be calculated automatically based on a percentage of account balance.
▪︎ The distance between entry and stop loss is taken into account.
▪︎ Ensures consistent risk per trade and dynamic position sizing.
Maximum Trades Counter
▪︎Limits the total number of trades the EA can execute.
▪︎Once the specified limit is reached, no new trades will be opened until the value is changed manually.
▪︎Designed to prevent overtrading and provide full control over trading activity.
▪︎ Each trade is assigned a unique Magic Number.
▪︎ Ensures full isolation from manual trades or other Expert Advisors.
▪︎ Allows safe and independent trade management.
Trade Execution Filters
▪︎ Optional maximum spread filter
▪︎ Optional maximum slippage filter
Time Trading Control
▪︎ Optional time filter
▪︎ Define trading start and stop hours
▪︎ Useful for avoiding low-liquidity or high-volatility sessions
Trade Management Tools
▪︎Define the starting point in pips for trailing stop activation.
▪︎Define the trailing step in pips.
▪︎Fully configurable to manage risk and protect profits automatically.
Break Even (Optional)
▪︎ Automatic break-even function.
▪︎ Moves the stop loss to break-even or secures profit after a defined number of pips.
▪︎ Fully configurable according to user preferences.
Inputs and Customization
All features are fully configurable through the Inputs panel, allowing traders to adapt the EA to:
▪︎Any symbol
▪︎Any timeframe
▪︎Any broker conditions
Important Usage Rules
▪︎ Bid and Ask price lines must not use the same colors as the EA trendlines.
▪︎ The chart must contain only the three required trendlines: yellow (entry), red (stop loss), and green (take profit).
▪︎Additional trendlines or chart objects with other colors are allowed and ignored.
▪︎ Any extra trendlines or objects using yellow, red, or green colors will prevent the EA from operating to avoid signal conflicts.
▪︎ Ensure that Entry, Stop Loss, and Take Profit trendlines are placed correctly before price touches the entry line.
▪︎ If the stop loss or take profit trendline is missing or incorrectly placed, a trade may open and close immediately.
▪︎ Deleting the take profit trendline after a trade is opened will also close the position immediately.
▪︎ After a trade is completed, all existing trendlines must be deleted before drawing new ones for the next trade.
▪︎ Pip calculation may vary between brokers. Always verify your broker’s pip definition to ensure accurate risk management.
▪︎ All trendlines should be locked after drawing. Double-click each trendline to fix it on the chart and prevent accidental movement.
