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FREE Trendline Trading

This is the FREE version of the Trendline Trading EA. All features works, but only for EURUSD.

If you want to use this Trendline Trading EA for other pairs, please purchase the complete product: https://www.mql5.com/en/market/product/36920

Recommended Broker:

Very often, my customers ask me which broker is the best to use.
My Recommended Broker: https://www.icmarkets.com/?camp=49910 

The reason I use IC Markets for years (after using many other brokers) is because of the following reasons:
- Licensed and regulated broker
- Fast and reliable order execution - never had any failures in order execution! For me, this is very important!
- Low spread! The lower the spread, the higher your profit...
- All known pairs, commodities and indexes available with low spreads
- Very good customer service. I get good answers for my questions by using chat on their website. Very easy.

If you use Resistance and Support Trendlines in your trading, this tool will be very useful for you!

The Trendline Trading EA is a smart and easy tool to helps you in your trading using trendlines on your chart. Just create a trendline for the Resistance and Support, and the EA will create pending orders when the price touch the trendline.

The following pending orders will be created when the price touch the trendline:

  1. Pending order in case the price breaks the trendline
  2. Pending order in case the price bounce back from the trendline and reverse

    For the Breakout pending order and the Reversal pending order you can set the following:

    • Stoploss of the pending order
    • Offset (=distance) from the trendline to activate the pending order. When the price touch the trendline, the pending orders will be created and the pending order price will be based on the trendline plus/minus the offset
    • For the Reversal pending order, you can set the TP
    • When the Breakout pending order gets activated, the order will be monitored and trailing is activated

      When you load the EA, 4 buttons will appear on the chart. Just click on a button to create the Trendline:

      1. Hor Res Line: This button will create a horizontal Resistance Trendline. The line will be placed at the highest value of the last 200 bars, but you can move the trendline to any position you like.
      2. Res Line: This button will create a Resistance Trendline, based on the most recent highest values. You can change the position of the trendline, just like any other MT4 trendline.
      3. Hor Sup Line: This button will create a horizontal Support Trendline. The line will be placed at the lowest value of the last 200 bars, however, the trendline can also be moved on the chart.
      4. SupLine: This button will create a Support Trendline, based on the most recent lowest values. You can change the position of the trendline, just like any other MT4 trendlines.

        Resistance Trendlines will be Red, and the Support Trendline will have a Green color.

        As soon as the trendlines are created, the EA will create the pending orders when the price touch the trendline. You can create a Resistance and Support Trendline, but you can also just create a Resistance Trendline or a Support Trendline.

        Parameters:

        • Magic Number - This magic number is used for Reversal orders. Breakout orders will have the next consecutive number (=Magic Number+1).
        • Lot size - Lot size for the pending orders
        • Order Comment - Comment for the pending orders
        • Seconds to cancel pending order
        • TP for Reversal order (Pips)
        • SL for Reversal order (Pips)
        • Offset for Reversal order (Pips) - Distance from the trendline before the Reversal pending order gets activated
        • TP for Breakout order (Pips)
        • SL for Breakout order (Pips)
        • Offset for Breakout order (Pips) - Distance from the trendline before the Breakout pending order gets activated
        • Remove trendline after breakout? - If Yes, the trendline will be removed after breakout (Breakout pending order is activated), so this trendline cannot create new pending orders
        • Trailing for breakout orders? - If yes, the EA will trail activated breakout pending orders
        • Trailing only when in profit? - If yes, trailing only starts when the breakout order is in profit
        • Trailing for Buy orders (Pips) - Trailing distance for Buy orders
        • Trailing for Sell orders (Pips) - Trailing distance for Sell orders
        • Trailing step - Trailing step in Pips


        Comentários 2
        Eelco Baelde
        29
        Eelco Baelde 2019.05.12 22:20 
         

        Good product! Simple to use, many thanks to the developer!

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        This utility calculates Lot size and simply places orders with just One click. Fast, accurate, practical Download demo version here to test this utility. This utility does NOT work in strategy tester. You can specify Entry, Sl and TP prices on chart by dragging related Lines, "Smart Order" will smartly recognize the position type and calculates the lot size depend on defined risk and SL amount. First, enter the risk percentage, using keyboard or +/- buttons. if you intend to set a pending ord
        40 USD
        MT4 to Discord
        Trinh Dat
        MT4 To Discord  Expert Advisor will send notifications via Discord when orders are opened/modified/closed on your MetaTrader 4 account. It is also used to post signals to a Discord group/channel. With more options, easy to customize message, support for all languages and Emoji. Parameters Discord url Webhook  - create webhook on your Discord channel. Magic number filter  - default all, or input magic number to notify with comma, like: 111,222,333. Symbol filter  - default all, or input symb
        54 USD
        Charts symbol changer and synchronizer
        Sergey Efimenko
        Utility designed to change the trading instrument for current, all or selected charts, timeframe change, and for simultaneous movement in history (automatically or on click) all charts. The list of available tools is read from the "market Overview". You can change the color, size, and position of the buttons. Window synchronization occurs at the time of the first visible bar in the active chart window when you click the sync button or when you move the mouse/keyboard in automatic mode. The TF ca
        30 USD
        Forward Alert To Telegram
        Trinh Dat
        The Expert Advisor will help you forward all alert from  MetaTrader 4 to Telegram channel/ group.  All alert must save to folder <Data folder>MQL4\Files\Alerts\ , text file with format *.txt and screenshot with format *.png. Parameters Telegram Bot Token   - create bot on Telegram and get token. Telegram Chat ID    - input your Telegram   user ID,   group /   channel ID Forward Alert - default true, to forward alert. Send message as caption of Screenshot - default false, set true to send messa
        100 USD
        MT4 to Tlgrm
        Fernando Morales
        Do not use Windows 7 with this EA MT4toTLGRM EA only sends text messages from Metatrader4 to a Telegram group or channel of your choice. From version 4.00 it sends messages to Twitter and Facebook. The messages are customizable to show information about any trading activity in the account. Also it shows a daily PnL report. Several instances of this EA can be used simultaneously in the same MT4 terminal for sending messages to different Telegram group/channel but ensure that each one has a diffe
        149 USD
        Profit hunter EA
        Barour Bilal
        Profit hunter EA is a a tool highly automated, auxiliary expert working to correct and protect profits by placing pending deals based on the preferred settings by the merchant. When the investor opens the trades, the profit hunter monitors the account and works instead of the trader It is very simple and reliable in periods of solid news and normal trading ------- It works with any broker He can work with any other expert side by side ------
        100 USD
        Exp4 Duplicator
        Vladislav Andruschenko
        The Expert Advisor repeats trades and positions a preset number of times on your account  MetaTrader 4 . The following functions are supported: custom lot for copied trades, copying Stop Loss, Take Profit, use of trailing stop. It copies all deals opened manually or by another Expert Advisor. Copies signals and increases the lot from signals! Increases the lot of other EAs. Note: This is not a copier for deals between terminals. A trade copier for MetaTrader is available here: COPYLOT Version of
        49 USD
        Set UP your strategy
        Antonis Michos
        Welcome. TEST THE EA WITH VISUALIZATION AND CONTROL POINTS     FOR FAST EXECUTION.   LIVE SIGNAL1 LIVE SIGNAL2 ⭐ The specific EA is created for ALL THOSE TRADERS who want the EA to trade in one direction AT A SPECIFIC POINT and to STOP trading at a specific point!!! How the EA works: There are two panels with buttons . ⭕️ 1. One panel at the left of the chart named:" I WANT THE EA TO ACTIVATE". a. There are two buttons which show two lines.One Maroon colored and one Green colored. b.
        150 USD
        Order Multiplier
        Benjamin Zaufall
        This experts helps you with increasing your signal volume. Everytime the signal opens a trade, the experts creats a specific amount of copies of this trade. Evertime the signal closes a trade, the expert closes all the copies of the singal trade. Input parameters: - amount_of_copies: The amount of copies the expert should create - interval_in_seconds: How often the expert should look for new orders to copy or closed orders, to close copies - lot_size_of_copies: The lot size of the new copies
        30 USD
        Expert A2SR Reader MT4
        Yohana Parmi
        Guidance at  https://www.mql5.com/en/blogs/post/738504 ✔️ The EA that reads A2SR for automatic trading.  - - This means that - this EA needs  technical analysis A2SR   to work together  in the same chart. No one can code all people's views completely  of  the market into a single program . * where perfection belongs only to God .   * Positive energy of your review is the strength for me to  continue developing , updating   & upgrading  this EA  - Thank you.  + This EA is made with har
        98 USD
        GerFX BreakingNews Filter
        Exler Consulting GmbH
        In the current version this filter will only work with my   night scalpers and the EA Profitection Filter  or with other EAs that utilize the global variables set by this EA.  Many scalpers these days have a "normal" news filter, which filters calendar news such as interest rate decisions or CPI releases.  However, this breaking news filter is able to filter non-standard breaking news. It will check every minute for news and if it finds a news event, it will create global variables that can be
        80 USD
        Navigator FX
        Chantal Sala
        The Navigator is a next-generation panel very easy to use. Apply this indicator on the chart to navigate very quickly through all the symbol and timeframes listed in input. The arrows manage the zoom and time frames. You can customize both the graphic colors and the list of symbols to display. A quick and easy tool that it will help to analyse the charts. Input Values Show_TF_Panel (true/false) it permits to show/hide panel with TF and Arrows 32 symbols COLORS AND SIZE SETTINGS BUTTON_WIDTH B
        50 USD
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        sunnychow
        8619
        sunnychow 2019.08.31 15:38 
         

        Usuário não fez qualquer comentário quanto a classificação

        Eelco Baelde
        29
        Eelco Baelde 2019.05.12 22:20 
         

        Good product! Simple to use, many thanks to the developer!

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