Simply System Trend Line

5

I personally love trading robots, but there are many situations where semi-auto trading is superior to automation. The system is very simple and effective. 


Trend lines are typically used with price charts, however they can also be used with a range of technical analysis charts such as CCI and RSI. 


What is the trend line?

 Trend line is a bounding line for the price movement. It is formed when a diagonal line can be drawn between a minimum of three or more price pivot points. A line can be drawn between any two points, but it does not qualify as a trend line until tested. Hence the need for the third point, the test.

From Wikipedia, the free encyclopedia.  https://en.wikipedia.org/wiki/Trend_line_(technical_analysis)


Important!

We only use RSI and CCI for price close (see screenshot).

There is a problem on the mt4 platform. Lines are not stable. Therefore the expert calculates and saves the parameters. The position of the line is constantly monitored. 


To become a professional trader, you must get to know trend line. Once these are mastered, you can learn proven strategies and gain experience in implementing them.

Required capital

min $100 per lots 0.01

Input Parameters 

         
        • Start - choose whether you want to trade long or short positions only or both.      
        • Slippage - slippage. 
        • MagicNumber - trades ID.  
        • Slippage - slippage. 
        • Comment - comment for orders.
        • Stop Loss - Stop Loss in pips.
        • Take Profit - Take Profit in pips.  
        • Min Take Profit - minimal Take Profit.
        • Average + Take Profit  - average order price + Take Profit.   
        • Lots - initial lot.   
        • Stepper - quantity positions without the multiplier 1=1+multiplier; 2=1+1+multiplier etc.  
          • PipStep - the minimum distance between orders.
          • Max Trades - the maximum number of position.  



























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    ARTHUR PAINE
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    ARTHUR PAINE 2023.10.29 20:11 
     

    Yes, very happy with this EA

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    AW Trading Software Limited
    4.35 (84)
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    Lee See Hao
    5 (1)
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    Lachezar Krastev
    4.39 (51)
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    Marco Solito
    4.66 (67)
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    Thi Thu Ha Hoang
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    MQL TOOLS SL
    5 (1)
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    Bogdan Ion Puscasu
    5 (5)
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    Stanislav Tomilov
    4.68 (19)
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    DMITRII GRIDASOV
    5 (4)
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    Xuan Bach Nguyen
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    Vasiliy Strukov
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    Lachezar Krastev
    4.48 (25)
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    Christophe Pa Trouillas
    5 (2)
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    Nguyen Hang Hai Ha
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    5 (5)
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    Connor Michael Woodson
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    Leonid Arkhipov
    4.75 (4)
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    MQL TOOLS SL
    4.29 (42)
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    Szymon Palczynski
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    필터:
    ARTHUR PAINE
    68
    ARTHUR PAINE 2023.10.29 20:11 
     

    Yes, very happy with this EA

    Szymon Palczynski
    17234
    개발자의 답변 Szymon Palczynski 2023.11.01 16:45
    Thank you for the reviews
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