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SmartLines MT4

5

SmartLines allows you to open orders using trend lines.

SmartLines for MT5 https://www.mql5.com/ru/market/product/32441

Now you have the opportunity to control breakthroughs of the trend corridor automatically and without delay. As soon as the price crosses your trend line with your settings, the order is automatically opened. You will not miss the moment of the trend change.

The principle of working with SmartLines is similar to placement of pending orders. However, pending orders only have the horizontal direction, making it impossible to place them along the trend.

Using trend lines along with SmartLines, you will be able to place pending orders in either direction of the trend.

In version 2.0 added the posibility to set Stop Loss and Take Profit, an error handler has been added also the orders opening algorithm has been revised.


How to use

  • Launch the SmartLines Expert Advisor, the program will automatically add the trend lines existing on the chart to the list.
  • Create and set trend lines in the right direction. (trend lines are a standard tool in MetaTrader 4)
  • In the SmartLines menu, select the required trend line and set its parameters to the following:
    • Operation – type of the trade operation.
    • Volume – volume of the trade operation in lots.
    • OCO – disable the activation of other trend lines when one of the trend lines is activated earlier;
    • SL, TP - if necessary you can set Stop Loss, Take Profit.
  • Press the Activate button. Once pressed, the trend line selected in the menu switches to True. This means that once the price reaches this line the order will be opened. Use the same button to deactivate.


Expert Advisor Installation

  • Install the EA from the MQL Market.
  • After launching the EA, set the following settings in the MetaTrader 4 terminal:
    • In the menu Tools -> Options -> Expert Advisors, check the 'Allow automated trading' box.
    • In the 'Common' tab of the EA settings, tick 'Allow live trading'.
Reviews 1
user2013
44
user2013 2019.01.13 20:26 
 

You do not have to constantly look at the same chart. This gives you the opportunity to trade multiple markets simultaneously. Good tool.

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Hi, all.  News trapper EA It is an expert for trading news very safe expert  Automated Trading on the news of the economic calendar. It shows stable trading during last 10  years. EA doesn't use dangerous technologies like martingale, grid. The Expert is very simple to use.      sale will end after 48 h how to install it     and set files     read the blog         after purchase contact me to add you to   VIP   channel  The program contains flexible settings for trading on the news of the econo
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Summer 40% discount ($149 -> $88) 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 extende
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user2013
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user2013 2019.01.13 20:26 
 

You do not have to constantly look at the same chart. This gives you the opportunity to trade multiple markets simultaneously. Good tool.

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Version 2.3 2019.01.11
Fixed an issue related to removing of expert in some cases
Version 2.2 2018.12.21
Was added a possibility to set SL/TP in points
Version 2.1 2018.10.13
Was fixed some graphical issues
Version 2.0 2018.10.10
- Added opportunites to set SL and TP
- Added error handler
- Fixed errors when working with a monthly timeframe
- Now all orders open correctly