Trading Lines

This utility is an Expert Advisor for semi-automatic trading within a price channel. It enters the market when the price crosses the channel boundary. Trend lines with a special type of description should mark the boundaries of the price channel. Trader is responsible for creating and aligning such trade lines on the required chart. The lines should be placed according to the same rules the "buy limit" and "sell limit" pending orders are placed.

A trend line with a description of type "buy x" (where x is the position volume) should mark the lower boundary of the channel. Place it below the current bar. The EA will open a long position once the price crosses this line.

A trend line with a description of type "sell y" (where y is the position volume) should mark the upper boundary of the channel. Place it above the current bar. The EA will open a short position once the price crosses this line.

The EA automatically eliminates the occurrence of locked positions. There is no limit on the number of lines. You can create as many trade lines on the same chart as you need.

Use the free version for testing: Trading Lines Trial


Input parameters

  • "Buy" trading line color - color of the "buy" line;
  • "Sell" trading line color - color of the "sell" line;
  • Width of trading line - width of the trade line;
  • First close the most profitable positions - close the most profitable positions first;
  • Slippage, pips - slippage in pips.
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Perpetual Chinemerem Vincent
5 (2)
EchoTrade Telegram to MT5 Copier Seamless, Instant, and Reliable Signal Copying - Direct from Telegram to MetaTrader 4! The product does not run in the strategy tester but you can get free trial version   here  for testing before purchase. Tired of manually executing trades from Telegram signals? EchoTrade automates the process, instantly copying trades from any Telegram channel or group directly into your MT5 account—accurately, efficiently, and without delay. Key Features: Universal Compatib
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4.86 (59)
Painel de negociação para negociação em 1 clique.  Trabalhando com posições e pedidos!  Negociar a partir do gráfico ou do teclado. Usando nosso painel de negociação, você pode negociar com um clique no gráfico e realizar operações de negociação 30 vezes mais rápido do que o controle MetaTrader padrão. Cálculos automáticos de parâmetros e funções que tornam a vida mais fácil para um trader e ajudam-no a conduzir suas atividades de trading com muito mais rapidez e conveniência. Dicas gráficas e i
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Leolouiski Gan
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Este produto filtra todos os consultores especializados e gráficos manuais durante o horário das notícias, para que você não precise se preocupar com picos de preços repentinos que possam destruir suas configurações de negociação manuais ou negociações realizadas por outros consultores especializados. Este produto também vem com um sistema de gerenciamento de pedidos completo que pode lidar com suas posições abertas e ordens pendentes antes do lançamento de qualquer notícia. Depois de comprar o
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Индикатор выводит первые производные двух MACD. По умолчанию, желтая MACD является более быстрой, чем синяя MACD. В настройках можно задать подходящие вам параметры для каждой из MACD. Одновременное изменение знака производных может являться дополнительным сигналом разворота. Входные параметры Yellow MACD fast EMA period Yellow MACD slow EMA period Blue MACD fast EMA period Blue MACD slow EMA period
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Oleg Pechenezhskiy
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This program is for traders who plot price channels on charts. You just need to specify the width of the channel in the description of the trend line. Enter the "Description" field in the trend line properties and type  canal: xxxxx  without a space, where xxxxx is the width of the channel in pips. Channel color is set automatically depending on the channel width. The middle line of the channel is also automatically drawn. If the channel width is set to a positive number, the channel is drawn ab
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Oleg Pechenezhskiy
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