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Trendline Breakouts

5

Trendline Breakouts is a semi-automatic expert advisor, which means you only need to draw the support and resistance lines, and then let the expert advisor handle the trading for you.

You can use this expert for every market and time frame. Backtesting is not available because this is a semi-automatic EA. You draw the trendlines and let the expert trade for you.

This expert enables you to automatically trade breakouts of both horizontal support and resistance and trendlines, unlike the traditional approach of using pending orders.

A Gift included in this expert  : Range Breakout strategy that identify daily support and resistance levels and initiating both Long and Short trades automaticly at these key points.

Link for the MT4 version : https://www.mql5.com/en/market/product/108795

How it's work?

This expert is looking for a trendline or a horizontal line on the chart.

When the Price crosses above the Upper Trendline (Resistance), a buy order will be opened.

When the Price crosses below the Lower Trendline (Support), a sell order will be opened.

Notes :

  • Resistance is the upper or the highest trendline found in the chart.
  • Support is the lower trendline found in the chart.
  • If only one trendline is found, it is identified as both upper and lower trendline.
  • Remove any unnecessary trendlines and horizontal lines to prevent the expert from executing trades based on outdated lines. 
<General Inputs>

Resistance Break : The Price crosses above the Upper Trendline (Resistance), a buy order will be opened.

Support Break :  The Price crosses below the Lower Trendline (Support), a sell order will be opened.

Range Breakout : Price break  the  support or the resistance level  (no need to activate this option).

Time Interval : Number of hours befor "Time end" to identifier High and Low of the range this is a sensitivity of the high and low algorithm for the first ansd second range (smaller value = less highs and lows, greater value = more highs and lows).

Time end :  End of the time to identify the high and low values for the range.

Trail Stop :  The Trailing Stop will be trailed in this set distance behind the current market price.

Trail Step : The SL will only be modified if it is at least this distance above the previous SL.

Daily Drawdown : Profit /Loss Today , if your account incurs a loss of $50, the expert will automatically disable trading until the following day.

Trade Size: Lot size for each trade if the fixed trading volume mode is chosen.

Max Open Trades : Maximum simultaneous open trades.

Time and Day Filter: Activates or deactivates the time filter which will be checked before new orders are placed.

Magic Number: This number should be unique for every EA in your account since the EAs use it to identify their own trades.

Allow Hedging : Chek if you want to sell when a long position long is open, and vice versa.

Audible_Alerts : Alerts for every order "buy or sell".

Push_Notifcations : Notifications for mobile terminals.

İncelemeler 1
Birds_eye
293
Birds_eye 2024.04.25 20:27 
 

User-friendly and easy to set up.

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Uzman Danışmanlar
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Uzman Danışmanlar
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Gregory Hay
4.76 (17)
Uzman Danışmanlar
Hoşgeldiniz       GoldExcel EA MT5 sürümü   , bugün XAUUSD (GOLD) döviz çifti için geçerli işlem. Ekibimiz tarafından normal hesapları, sponsorlu hesapları ve etkinlikleri yönetmek için tasarlanmıştır. Yüksek frekanslı ticaret kullanmayın. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Başlangıç fiyatı birkaç haftada bir artar. Trading PERFORMANCE Accounts (over 6+ months verified live trading) on 2 brokers Live $1K Start Now $19.5K (Risk Setup 5 -3 -15) :  https
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Bogdan Ion Puscasu
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Uzman Danışmanlar
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Chen Jia Qi
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Uzman Danışmanlar
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Sof'ia Vlasova
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Uzman Danışmanlar
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Bogdan Ion Puscasu
4.72 (25)
Uzman Danışmanlar
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Marzena Maria Szmit
4.8 (40)
Uzman Danışmanlar
We proudly present our cutting-edge robot, the Big Forex Players EA designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the biggest Banks (positions are sent from our database to th
Gold Garden MT5
Chen Jia Qi
5 (3)
Uzman Danışmanlar
Deep learning is reshaping gold trading, with intelligent assistants tending to trading gardens like skilled gardeners. The "Gold Garden" EA employs deep learning intelligent technology and 20 years of data training to significantly enhance strategy performance. With it, trading becomes more effortless and intelligent. Let's join hands to usher in the intelligent era and transform trading into a blissful garden. This will be your exclusive Gold Garden Steward. The MT4 version: Gold Garden MT4
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Stanislav Tomilov
4.6 (20)
Uzman Danışmanlar
Welcome to the world of next-generation investments with our unique trading robot for gold on the MetaTrader platform! Our proprietary developments represent the pinnacle of advanced data analysis computational platforms in the world of trading. One Gold EA is a genuine smart algorithm, operating at a level beyond human traders' reach. Its unique method is based on the principles of a neuroscanner and and advanced technologies in neural networks, EA is capable of analyzing historical and current
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Tajammul Hussain
4.14 (7)
Uzman Danışmanlar
Live Signal available here:  https://www.mql5.com/en/signals/2223440   (high risk 7.5%) Değerli Yatırımcılar, Sizlere devrim niteliğindeki yeni uzman danışmanımız "Trade Fusion"ı sunmaktan heyecan duyuyorum - otomatik ticaret alanını dönüştürmeye yönelik keskin bir çözüm. Trade Fusion, son derece yoğun araştırma, geliştirme ve titiz testlerin sonucunda ortaya çıkan, state-of-the-art teknolojiyi en sofistike ticaret stratejileriyle birleştiren bir çözümdür, benzersiz bir ticaret deneyimi sunmayı
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Thi Thu Ha Hoang
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Uzman Danışmanlar
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4.2 (5)
Uzman Danışmanlar
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Stanislav Tomilov
5 (9)
Uzman Danışmanlar
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Way To Stars MT5
Wei Tu
Uzman Danışmanlar
Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial i
GoldenTron
PETER OMER M DESCHEPPER
4.81 (21)
Uzman Danışmanlar
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Bogdan Ion Puscasu
4.94 (17)
Uzman Danışmanlar
Quantum Wizard, S&P500 (US500) ticareti için gelişmiş bir Uzman Danışmandır ve   en yüksek performans için tasarlanmış gelişmiş bir ızgara sistemi ve gelişmiş para yönetimi   kullanır. 2 yıldan fazla bir süredir geliştirilme aşamasındadır ve en son güncelleme bu yıl gelecektir. Artık portföyünüzü endeks ticaretiyle çeşitlendirebilirsiniz. Quantum Wizard'ın kurulumu çok basittir; herhangi bir zaman diliminde US500'e varsayılan ayarlarla kurulması yeterlidir. Londra ve New York borsası zamanl
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Profalgo Limited
4.18 (11)
Uzman Danışmanlar
Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ NOVITÀ: ottieni 1 EA gratis!   (per 2 account commerciali) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Benvenuto in DayTrade Pro Algo!   Dopo anni di studio dei mercati e programmazione di diverse strategie, ho trovato un algoritmo che ha tutto ciò di cui ha bisogno un buon sistema di trading: È indipende
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4.85 (26)
Uzman Danışmanlar
This EA is designed to pass challenges of prop firms (proprietary trading firm) that allow use of High and Low Frequency trading strategies. A Gift i ncluded in this expert    :   Range Breakout strategy  that identify daily support and resistance levels and initiating both Long and Short trades automaticly at these key points. We use special HFT strategy that detect large movements and employ stop loss to protect your equity. It has build-in equity protector which will stop the EA once the pro
Range Breakout MT4
Abdeljalil El Kedmiri
5 (3)
Uzman Danışmanlar
The Range Breakout X2 is following a scalping breakout strategy. This expert will identify the daily 4 key levels of support and resistance and will open Long and short trades on these levels.Profits can be secured with the adjustable trailing stop... Note : Please be advised that due to the current market conditions (volatile market), we recommend activating the second levels (15H) and deactivating the first levels (11H). This is an optimized range breakout strategy with a simple and full cust
Strategy Master MT4
Abdeljalil El Kedmiri
Uzman Danışmanlar
Strategy Master   is a 5-in-1 EA, offering a choice of 5 distinct strategies within a single expert advisor. You can activate one to five strategies simultaneously and customize your trading by enabling or disabling filters to validate entries. These five strategies encompass a range of approaches, including three technical strategies (Moving Average, Bollinger Bands, and Ichimoku), a renowned price action strategy (Breakout), and a time-based strategy (SendOrder at Time). We understand that mar
Strategy Master
Abdeljalil El Kedmiri
Uzman Danışmanlar
Strategy Master is a 5-in-1 EA, offering a choice of 5 distinct strategies within a single expert advisor. You can activate one to five strategies simultaneously and customize your trading by enabling or disabling filters to validate entries. These five strategies encompass a range of approaches, including three technical strategies (Moving Average, Bollinger Bands, and Ichimoku), a renowned price action strategy (Breakout), and a time-based strategy (SendOrder at Time). The link for MT4 version
Trendline Breakouts MT4
Abdeljalil El Kedmiri
Uzman Danışmanlar
Trendline Breakouts   is a semi-automatic expert advisor, which means you only need to draw the support and resistance lines, and then let the expert advisor handle the trading for you. You can use this expert for every market and time frame. Backtesting is not available because this is a semi-automatic EA. You draw the trendlines and let the expert trade for you. This expert enables you to automatically trade breakouts of both horizontal support and resistance and trendlines, unlike the traditi
Send Orders At Time MT4
Abdeljalil El Kedmiri
Uzman Danışmanlar
This new   time-based strategy   enable you to schedule precise buy/sell orders at any predefined time , allowing you to execute trades based on timing rather than technical analysis.  The system automatically can determines the order type (buy or sell) based on technical confirmations provided by RSI and moving averages. You have the freedom to adjust and customize all parameters related to Buy and Sell criteria, as well as enable or disable technical filters . Link to MT5 version :  https://ww
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Abdeljalil El Kedmiri
4 (3)
Uzman Danışmanlar
The Range Breakout X2 is following a scalping breakout strategy. This expert will identify the daily 4 key levels of support and resistance and will open Long and short trades on these levels.Profits can be secured with the adjustable trailing stop... Note : Please be advised that due to the current market conditions (volatile market), we recommend activating the second levels (15H) and deactivating the first levels (11H). This is an optimized range breakout strategy with a simple and full cust
Send Orders At Time
Abdeljalil El Kedmiri
Uzman Danışmanlar
This new time-based strategy   enable you to schedule precise buy/sell orders at any predefined time , allowing you to execute trades based on timing rather than technical analysis.  The system automatically can determines the order type (buy or sell) based on technical confirmations provided by RSI and moving averages. You have the freedom to adjust and customize all parameters related to Buy and Sell criteria, as well as enable or disable technical filters . Link to MT4 version :  https://www.
Filtrele:
Birds_eye
293
Birds_eye 2024.04.25 20:27 
 

User-friendly and easy to set up.

Abdeljalil El Kedmiri
1313
Geliştiriciden yanıt Abdeljalil El Kedmiri 2024.04.26 02:18
Thank you for your honest review.
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