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Silver Volatility Trend Line

The Silver Volatility Trend Line for MT4 is an EA that helps you trade using the trendlines, drawn on your chart.

It basically allows you to send and manage orders using trend lines.

It automatically calculates the True Range of your asset to allow you to send orders well calibrated with the market volatility.

Take Profit and Stop Loss are calculated in number of True Range.

You can do that for two different orders at the same time, so that you can trade two different kind of risk / profit ratio trades.

You can,use virtual stop loss and let the EA, not your broker manage it.

The robot allows action on Touch, Pullback or Breakout of trendline

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

  • Load the EA
  • Configurate your strategy in the EA
  • Draw your trendline on the chart, name it as configurated in the EA
  • Click BUY or SELL.
  • Watch the EA sending your 2 orders
  • Let the EA manage your orders and trades

 

Input Parameters

  • Magic Number 1 : The magic number for the first order.
  • Magic Number 2 : The magic number for the second order.
  • Lot Order 1 : The lot size of order 1.
  • Lot Order 2 : The lot size of order 2.
  • Decimal Precision Display : the number of decimal to use for the calculation
  • Dynamic pending Order : if true the order will automatically be updated with the Trend Line.
  • Variation for Update: the minimum variation for updating the orders.
  • Trend Line Entry: The name of the Trend Line you want to trade with.
  •  ATR Period : the period to use for True Range Calculation
  • ATR Time Frame : The time frame to use for True Range calculation ( 0 = current time frame)
  • Take Profit 1 in ATR : the number of True Range for Take profit of Order 1.
  • Take Profit 2 in ATR : the number of True Range for Take profit of Order 2.
  • Stop Loss in ATR : the number of True Range for the Stop Loss.
  • Stop Loss Virtual : if true, the Stop Loss will not be sent to the market but managed buy the EA  
  • Stop Loss Duration Control: for virtual Stop Loss, the stop loss order will be executed only if the price exceeded the stop loss during that duration.
  • Cancellation Duration in S : the duration in seconds after which the trade is cancelled ( 0= no cancellation)
  • Flat Order for 80% Proffit: if True, when the trade exceed 80% of the target profit the stop loss is move at break even
  • Additional Order Comment : Specify comment you want to your order
  • X - Position For Button :  To change X the position of the button
  • Y - Position For Button : To change Y the position of the button

 

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.


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5 (4)
Utilitys
TakePropips TradePad Pro enthält einen leistungsstarken Handelsmanager, Währungsstärkemesser, Kontoberichtstools, Risikomanagementtools und mehr! Es ist einer der fortschrittlichsten Forex-Handelsmanager und Handelsassistenten, denen Sie jemals begegnen werden! Es ist die perfekte Lösung für Händler, die Handelstransaktionen effizienter verwalten möchten. Sie können das Benutzerhandbuch in unserem Blogbeitrag herunterladen:   https://www.mql5.com/en/blogs/post/751180 Sie können dieses Handelss
Bots Builder Pro MT4
Andrey Barinov
5 (1)
Utilitys
This is exactly what the name says. Visual strategy builder . One of a kind. Turn your trading strategies and ideas into Expert Advisors without writing single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution, strategy tester and cloud optimization. There are very few options for those who have no programming skills and can not create their trading solutions in the MQL language. Now, with Bots Build
Discord To MT4 Copier
Trinh Dat
5 (2)
Utilitys
The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
Trading box Technical analysis
Igor Zizek
5 (37)
Utilitys
-25% discount ($149 -> $111) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extender or
ManHedger MT4
Peter Mueller
5 (1)
Utilitys
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please DON'T BUY this product before testing or watching my video about it. Contact me for user support & advices! MT5 Version With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easily and clearly. Display your trades/strategies on the chart. Display your Take Profits/Stop Losses as
MT4 Telegram Signal Provider
Nguyen Van Anh
4.41 (22)
Utilitys
Senden Sie Ihre Signale an VIELE KANÄLE: Multi-Telegramm-Kanäle, Scannen Sie die Bestellungen sehr SCHNELL: Scannen Sie in Sekunden, nicht in Ticks Senden Sie Informationen zu ALLEN AUFTRAGSARTEN: Öffnen (einschließlich ausstehender Bestellungen), Abbrechen, Schließen (einschließlich% partieller Schließung), Auslösen und Ändern von Bestellungen FILTEREN Sie die sendenden Bestellungen nach: Auftragstypen (ausstehend, ausgelöst, geändert, geschlossen), Symbolen, magischen Zahlen und Kommentaren M
Click and Go Trade Manager
Victor Christiaanse
5 (11)
Utilitys
Click and Go Trade Manager, the ultimate solution for seamless trading execution. With a simple click on the chart, you can effortlessly define your stop loss, entry price, and target levels. No more hassle of inputting values manually - it's made incredibly intuitive and easy. Embedded risk management is a key feature of our Trade Manager. We understand the importance of protecting your investments, which is why the Click and Go Trade Manager incorporates risk management. When placing orders,
Ultimate Trade Manager plus Mobile by RunwiseFX
Runwise Limited
5 (2)
Utilitys
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
Avenger Trader Tool
Fabrizio Sanmartino
5 (1)
Utilitys
This tool will help you in managing your open trades and open new ones in both automatic or manual way. It's an hybrid tool, that can be half an Expert Advisor and half a pure utility to interact with trades opened by the user by handling them in an automatic way to be able to keep the equity safe when the account is unsupervised. Main features are: a clear and simple status panel, containing all the information about open trades and next automatically positions that the tool will open if the us
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