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Trendline EA MT5 Free

The FXTT Trendline EA for MT5 is a robot that helps you trade using the trendlines drawn on your chart.

It basically allows you to set pending orders using trend lines. Something that MetaTrader does not allow you to do by default.

  • Easy to set up
  • Choose default Lot size, Stop Loss and Take Profit
  • Allows action on Touch, Pullback, Breakout or False Breakout of trendline

The usage and configuration of the Expert Advisor is as follows:

  • Load the EA
  • Draw your trendlines on the chart
  • Add Buy or Sell actions to your trendlines
  • If desired, you can configure specific actions per line
  • Let the EA manage the trades
Free version does not allow trading. Only allows the alerts commands


Input Parameters

  • Enabled - This parameter controls if the EA is enabled or not.
  • Magic Number - The magic number for all the opened orders.
  • Maximum Slippage (in points) - The maximum slippage allowed (in pips) for the open orders.
  • Default Stop Loss (in points) - The default value to use as a Stop Loss if none is defined on the trendline.
  • Default Take Profit (in points) - The default value to use as a Take Profit if none is defined on the trendline.
  • Default Lot Size - The default lot size value to use if none is defined on the trendline.
  • Type of breakout – For breakout events, how do you prefer the EA to detect a breakout:
    • On close of candle – the order will only be opened after the candle closes after breaking the trendline.
    • On distance in pips – the order will be opened as soon as price breaks the trendlines by the number of pips defined in “Breakout distance in pips“.
  • Breakout distance in pips – Only if the "On distance in pips" option is active, this parameter allows you to define the distance in pips from the trendline for which the EA will consider a breakout.
  • Buy Type – Customize Buy action triggers (when Bid or when Ask touches the trendline).
  • Reentry Type – Allow one or multiple orders per trendline (open new order after close of the previous).
  • Minimum shift for false breakouts - In order for a false breakout action to be triggered, the price must move past the trendline at least this number of pips.
  • Popup Alerts - Show a popup alert whenever price reaches and "Alert" trendline.
  • Email Alerts - Send and email alert whenever price reaches an "Alert" trendline.
  • Send push notifications - Send a push notification whenever price reaches an "Alert" trendline.
  • Sound Alerts - Play a sound alert whenever price reaches an "Alert" trendline.
  • Sound file name - The .wav file to play as a sound alert.


Keep in mind

  • This EA is a tool that assists in your trading. It does not work without user intervention.
  • Using a robot carries risk. You should test it on a demo account FIRST to understand how it works.


Available Action Commands

  • Buy | BoT | BuyOnTouch
  • Sell | SoT | SellOnTouch
  • BoB | BuyOnBreakout
  • SoB | SellOnBreakout
  • BoPB | BuyOnPullback
  • SoPB | SellOnPullback
  • BoFB | BuyOnFalseBreakout
  • SoFB | SellOnFalseBreakout
  • CaB (Close all Buy orders on touch)
  • CaS (Close all Sell orders on touch)
  • CaO (Close all orders on touch)
  • CP (Close partial volume of order on touch)
  • Alert | AoT | AlertOnTouch (Send an alert whenever price reaches the trendline)
  • AoB | AlertOnBreakout (Send an alert whenever price breaks above or bellow the trendline)
  • AoP | AlertOnPullback (Send an alert whenever price pulls back and touches the trendline)
  • AoFB | AlertOnFalseBreakout (Send an alert whenever price makes a false breakout and returns to the trendline)


Available Action Parameters

  • TakeProfit | TP
  • StopLoss | SL
  • Volume | Vol | V


Usage Examples

  1. Buy 0.05 lots on breakout of trendline with stop loss of 100 and take profit of 100
    • BoB SL:100 TP:200 V:0.05
  2. Alert with message "Trendline reached" when price touches the trendline
    • Alert Trendline reached


Help Guide

Available here

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Este é um utilitário para o dimensionar automaticamente o gráfico com menos de 140 barras visíveis. Isso é necessário para uma análise correta de ondas de acordo com a estratégia "Negociação do Caos"de Bill Williams. O utilitário pode ser usado em qualquer período de tempo disponível no МetaТrader 5. Ele desenha uma linha vertical através da primeira barra iniciando o cálculo. Esta linha permite que você veja o ponto provável de partida da sequência da onda, juntamente com um número suficiente d
30 USD
Trailing Stop Universal MT5
Oleg Remizov
Trailing Stop Universal MT5 is a professional trader's tool that provides protection of floating profit on open trades. The utility offers a breakeven function and 13 trailing methods. Indicator methods: Alligator; Average True Range; Bollinger Bands; Envelopes; Fractals; Ichimoku; Moving Average; Parabolic SAR; Zig Zag. Indicator-free methods: Bar Price; Deposit Currency; Fixed Distance; Price Channel. Versions for MT4 and MT5: Full MT4: https://www.mql5.com/ru/market/product/20705 Demo MT4:
15 USD
Virtual Grid MT5
Vladimir Gribachev
Utility for semi-automated trading. It uses invisible for broker dynamic setting levels for stop orders, stop loss, take profit and trailing stop. Suitable for working with any brokers, including American brokers with the requirement of FIFO. MT4 version of the adviser  link 💼 Telegram chat for questions and discussion: https://t.me/forex4up_chat Transactions can be opened using buttons or lines. In order for the adviser to open a position along the line: draw a line on the chart and rename it.
50 USD
Permanent Cross Hairs
Simon Gniadkowski
Have you ever wished the CrossHairs would stay on screen when you have finished measuring something? Have you ever wanted to grab a screenshot with the CrossHairs in place? Have you ever wanted to have the CrossHairs in a different color? Have you ever wished the CrossHairs would "snap" to the highs and lows of the bars? Now you can do all this with Permanent CrossHairs. The Demo version of Permanent Cross Hairs does not work in the Strategy Tester as the Strategy Tester does not support Button
16 USD
Magnifier
Serhii Shevchuk
The indicator represents an additional chart window with a lower time frame where bars are combined into groups that are equivalent in time to main chart time frame. Bars are synchronized by the right hand side of the window, i.e. the time of the last bar in the main window corresponds to the time of the last bar group in the additional window. The maximum number of groups is 16; the maximum number of bars combined into groups in the additional window is 256. Limitations on the numbers are requi
10 USD
MT5 Renko Chart
Thiago Duarte
Você é viciado no gráfico Renko? Pois é, eu também! Por isso decidi desenvolver esse gráfico para o MT5, e aqui está! Esse EA gera gráfico Renko perfeito, porém, diferente do MT4, você não pode operar por ele. Todos os indicadores funcionam perfeitamente. Configurações: Enable renko - habilita o gráfico renko. Essa função existe para poder passar no teste burocrático aqui da MQL5. Type - renko em pips, ticks, pontos ou tipo R. Size - tamanho dos blocos. Show wicks - mostrar ou ocultar o pavio
30 USD
Profit or Loss Pad
Vladislav Andruschenko
Closing positions in MetaTrader 5 upon reaching the total profit/loss with the profit trailing function.   CloseIfProfitorLoss with Trailing You can enable the  Virtual stops (Separate Order) , calculating and closing for  BUY and SELL positions separately (Separate BUY SELL) , closing and calculating  all symbols or the current symbol only (All Symbols) , enable trailing for profit ( Trailing  Profit) Positions are closed based on a value  in deposit currency, points, % and drawdown . The appli
30 USD
Trendline EA MT5
Carlos Oliveira
O  FXTT Trendline EA  para MT5 é um robô que o ajuda a gerir as suas posições de acordo com as linhas que voce desenha no seu gráfico. Basicamente ele permite que voce  crie ordens pendentes utilizando linhas que não sejam horizontais . Por omissão, esta funcionalidade não é suportada pelo Metatrader 4. Fácil de configurar Basta escolher o  Lot size ,  Stop Loss  e  Take Profit Permite abrir posições de acordo com varias situações:  Touch,   Pullback,  Breakout  e  False Breakout  da linha A uti
30 USD
Forex Trade Manager MT5
InvestSoft
Determination of transaction risk by calculating possible profits and losses. Precise designation of TP and SL levels for each transaction. These are the basic activities that every trader of financial markets must face with. The purpose of these calculations is very simple, achieving satisfying profits from FX transactions, with a minimum of risk. This is certainly the dream of each trader. This makes it difficult for new investors to take their first steps in this market.  EA Forex Trade Mana
99 USD
VR Alert MT5
Vladimir Pastushak
VR Alert warns the trader that the price or other indicator has reached the level set by the trader. You need to get a notification that the price has reached the level you set or that some indicator has reached the level you set? Now it is possible. The VR Alert indicator can monitor not only the current price of a financial instrument but also any other indicators installed on the chart together with VR Alert. The VR Alert indicator will notify you in any of four ways: via an Alert in the term
30 USD
SMART Advisor
Petros Shatakhtsyan
This is an adviser for manual trading. Designed for both beginners and professionals. Advisor shows the entry and exit points. Indicates where to open an order, when to increase the lot, and when to close. This is an excellent tool for implementing such trading strategies as Scalping, Grid, Trend Trading, Martingale, Trading with levels, etc. The program uses indicators of its own design: - Current trend indicator - Indicator for determining support / resistance levels - Indicator for determinin
380 USD
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Trendline EA MT5
Carlos Oliveira
O  FXTT Trendline EA  para MT5 é um robô que o ajuda a gerir as suas posições de acordo com as linhas que voce desenha no seu gráfico. Basicamente ele permite que voce  crie ordens pendentes utilizando linhas que não sejam horizontais . Por omissão, esta funcionalidade não é suportada pelo Metatrader 4. Fácil de configurar Basta escolher o  Lot size ,  Stop Loss  e  Take Profit Permite abrir posições de acordo com varias situações:  Touch,   Pullback,  Breakout  e  False Breakout  da linha A uti
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Trendline EA
Carlos Oliveira
The FXTT Trendline EA for MT4 is a robot that helps you trade using the trendlines drawn on your chart. It basically allows you to set pending orders using trend lines . Something that Metatrader does not allow you to do by default. Easy to set up Choose default Lot size , Stop Loss and Take Profit Allows action on Touch, Pullback or Breakout of trendline The usage and configuration of the Expert Advisor is as follows: Load the EA Draw your trendlines on the chart Add Buy or Sell actions to your
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Trendline EA Free
Carlos Oliveira
The FXTT Trendline EA Free for MT4 is a robot that helps you trade using the trendlines drawn on your chart. It basically allows you to set pending orders using trend lines . Something that Metatrader does not allow you to do by default. Easy to set up Choose default Lot size , Stop Loss and Take Profit Allows action on Touch, Pullback or Breakout of trendline The usage and configuration of the Expert Advisor is as follows: Load the EA Draw your trendlines on the chart Add Buy or Sell actions to
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[Excluído] 2019.01.07 20:13 
 

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