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Forex Trading Trend Support Resistance Line Trader

900 USD

Demo downloaded: 2

Published: 22 August 2024

Current version: 1.0

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Forex Trading Trend Support Resistance Line Trader

Utilities
Jairzino Rivelino Williams
Version: 1.0
Activations: 5

Forex Trading Trend Support Resistance Line Trader

Overview:

This Forex trading robot is designed to automatically take BUY and SELL positions based on a Trend Line. It identifies and executes trades depending on the line's relative position on the chart, offering an efficient tool for traders utilizing Support and Resistance strategies.

Key Features:

Customizable Stop Loss: User-defined STOP LOSS values.
Take Profit Levels: Set your desired TAKE PROFIT levels.
Trailing Stop Function: Optional trailing stop feature for dynamic trade management.
Flexible Trading Options: Choose whether to trade BUYS, SELLS, or both simultaneously.

Trading Conditions:

BUY Trades: Executed when the price approaches the TREND LINE from above.
SELL Trades: Executed when the price approaches the TREND LINE from below.

How It Works:

Users can draw a Trend Line in a straight line (to act as support or resistance) or diagonally (as a trend line).
If you excel at accurately placing Trend Lines or Support/Resistance lines, this algorithm enhances your trading potential.
The algorithm will automatically create a Trend Line on the chart, which can be adjusted manually by the user to fit your trading analysis.

User Inputs:

Set STOP LOSS and TAKE PROFIT values.
Optionally activate the Trailing Stop function.
Select whether to trade BUYS, SELLS, or both simultaneously.

Requirements:

MetaTrader 4 compatible.

Instructions:

Attach the program to your chart.
The Trend Line will be automatically generated for trade execution.
Adjust the line as per your chart analysis for optimal trading results.

Important Note:

The performance of this algorithm is largely dependent on the user's ability to accurately place Trend Lines or Support/Resistance lines on the chart.

About the Developer:

Developed by an experienced Forex programmer with over 10 years of experience in MetaTrader 4 algorithm creation.

Currently holding a DarwinEx Score of 61.4 and actively trading in proprietary accounts, having passed a challenge successfully.

Get support directly from the developer and request customizations if needed.

Why Buy from Me?

Direct Support: Receive personalized assistance directly from the developer.
Customization Requests: Tailor the algorithm to your specific trading strategy.
Proven Expertise: Over a decade of experience in MT4 algorithm development, ensuring reliability and performance.

Feel free to contact me for any assistance or customization requests after purchase.

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Note: After installation, please go to Tools>Options>Expert Advisors and add https://porsaj.com to 'Allow WebRequest for listed URL'. Still Problem?! Please check Internet connection! Unveiling the Porsaj Scalper: Your Cutting-Edge MetaTrader 4 Utility for Precision Scalping Are you ready to take your forex trading to the next level? Look no further than the revolutionary Porsaj Scalper – a MetaTrader 4 utility designed to empower scalpers with the tools they need to thrive in the fast-pa

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1 000 USD

Description: The forex risk management script is designed to assist traders in effectively managing the risk associated with their trades and maximizing profit potential. This script can be used on a trading platform to automate and simplify the risk management process. Features: Risk Configuration: Allows the user to set the percentage of capital they are willing to risk on a trade. Position Size Calculation: Automatically calculates the position size based on the specified risk percentage and

1 500 USD

Metatrader4 Trailing Stop Loss Program Platform Compatibility: The Program is for METATRADER4 Platform. Functionality: This program will go through all open Forex Currency pairs trades on Metatrader4 and move their corresponding STOP LOSSES to a PROFIT position based on the parameters INPUT settings. Parameters and Example: Example Trade: EURUSD Long (BUY) trade @ 1.0800 STOP LOSS (-50 pips) @ 1.0750 TAKE PROFIT (+50 pips) @ 1.0850 Program Settings: WhenToTrail=20 PIPS; (Pips profit amount to

350 USD

MetaTrader4 Carry Trade FOREX Swap Rollover Indicator - Enhance Your Carry Trade Strategy Developed by a seasoned MT4 programmer and successful proprietary trader, this tool is designed to optimize your carry trade strategy. Key Features : Analyzes swap rollover values (in Points) for 63 currency pairs. Indicates whether to take a long (buy) or short (sell) position. Provides insights for generating positive rollover gains when holding trades overnight. Ideal for traders focusing on carry trade

250 USD

Forex Algo GAP Trader with Trailing Stop Overview: This Forex Algorithm is designed for traders who use gap trading strategies. It identifies and executes trades automatically based on candlestick gap patterns, providing customizable options for risk management and a trailing stop feature. Key Features: Customizable Gap Threshold : Configure the minimum gap size in pips to trigger trades based on market conditions. Flexible Trading Direction : Choose whether to buy on gap-up or sell on gap-do

700 USD

MA Crossover Pro MT4 Program Key Features : Moving Average Crossovers : Leverage the dynamic nature of the market with precise buy and sell signals based on fast and slow moving average crossovers. Risk Management Settings : Take control of your trades with customizable risk management settings. Set Stop Loss and Take Profit levels according to your risk tolerance. User-Friendly MT4 Integration : Seamlessly integrate the program into your MetaTrader 4 platform. Effortlessly execute trades and m

450 USD

Forex Trading Finance EA Indicator This expert advisor (EA) scans pre-selected currency pairs, CFDs, cryptos, and stock indexes to detect price movements based on user-defined parameters. It helps identify potential trade opportunities when the price rises by a certain percentage (suggesting a sell) or falls by a percentage (suggesting a buy). Key Features: Customizable Percentage Alerts : The EA monitors price changes for user-set percentage thresholds (e.g., a 10% rise or a 5% drop), providi

350 USD

Automated Forex Trading Program - Stochastic Indicator Strategy with Customizable Settings Key Features: Stochastic Indicator Strategy : Utilizes a sophisticated trading strategy based on the stochastic indicator, which is a momentum oscillator. The algorithm identifies potential reversal points at overbought or oversold levels, providing precise trade signals. Customizable Settings : Adjust key parameters like stochastic periods, overbought and oversold levels, as well as Take Profit and Sto

750 USD

Forex Stock Indexes Alerts EA - RSI & Price Index Expert Advisor (MT4) Forex Stock Index Price Alert & RSI EA for MT4 Condition: New Delivery: Electronic and free worldwide. Email required for delivery details upon purchase. What Does the Program Do? The program will alert the user when any of the 10 pre-selected stock index symbols (additional indices can be added upon request) meet specific criteria: AUS200 EUSTX50 FRA40 GER30 HK50 JPN225 UK100 NAS100 US30 US500 For example, if you set a pri

200 USD

Stock Indices Candle Gap Volatility Tool Designed for traders who demand precise and comprehensive analysis of candle gaps across major global stock indices. this tool provides the critical data needed for informed decision-making. Key Features: Candle Gap Analysis: Automatically display the high-low (Hi-Lo) gaps on your chart for any selected timeframe, giving you a clear view of market volatility. Wide Range of Timeframes: Analyze candle gaps (Current Candles) over multiple timeframes, providi

70 USD

Program Overview: This program is a trading tool designed to monitor and analyze the 7 major currency pairs. It is a variant of a similar program used for tracking stock indices, but this version focuses on the seven major currency pairs. The program helps in identifying and calculating significant price movements (gaps) between the high and low prices of these currency pairs over a specified time frame. It then provides insights through comments and alerts based on the calculated gaps. Major Cu

70 USD

METATRADER4 This program is designed to monitor and evaluate the market performance of 21 minor currency pairs by tracking key metrics such as maximum spread and the time of occurrence. For each selected currency pair, the program calculates the current spread and compares it against the highest recorded spread. If a new maximum spread is detected, it updates the maximum value and logs the time. The spread information is dynamically displayed. Additionally, every hour, the program prints out

100 USD

Forex Candle High/Low Alert Indicator Overview: Forex Candle High/Low Alert Indicator, designed to provide real-time insights and alerts for major currency pairs. This custom-built tool displays key High and Low values over a chosen number of candles and time frame, ensuring you stay informed about critical price movements and trends. (The candles observed are from the 1st candle back - The amount of the chosen number of candles) Key Features: Real-Time High/Low Tracking : The indicator dynamica

100 USD

This MetaTrader4 tool monitors 21 minor currency pairs over a user-defined timeframe, displaying key PIVOT values along with SUPPORT Zones 1, 2, and 3, and RESISTANCE Zones 1, 2, and 3 for each selected pair. Users can choose to have this information optionally displayed on the chart ; however, logging of the data to the log file is always active and occurs periodically based on the selected timeframe. For example, when set to an hourly timeframe, data will be logged every hour; on a minute-base

100 USD

Currency Pair Correlation Matrix & Alerts Tool Analyze correlations across major and minor currency pairs in real-time with Alerts for chosen amounts on positive and negative correlations coefficients where the user can specify the Time Frame and the number of candles to analyze within the Time Frame This adds an added layer flexibility when calculating the coefficients. The time frames that you can select are below PERIOD_CURRENT 0 Current timeframe PERIOD_M1 1 1 minute PERIOD_M5 5 5 minutes

100 USD

Metatrader5 Trailing Stop Loss Program Platform Compatibility : This program is designed for the MetaTrader 5 platform. Functionality : The program scans all open Forex currency pair trades on MetaTrader 5 and adjusts their STOP LOSSES to a PROFIT position based on your specified input parameters. Parameters and Example : Example Trade : EURUSD Long (BUY) trade @ 1.0800 STOP LOSS (-50 pips) @ 1.0750 TAKE PROFIT (+50 pips) @ 1.0850 Program Settings : WhenToTrail = 20 PIPS (Pips profit amount to

500 USD

METATRADER5 This program is designed to monitor and evaluate the market performance of 21 minor currency pairs by tracking key metrics such as maximum spread and the time of occurrence. For each selected currency pair, the program calculates the current spread and compares it against the highest recorded spread. If a new maximum spread is detected, it updates the maximum value and logs the time. The spread information is dynamically displayed, providing insights into market conditions. Additi

100 USD

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