Market / MetaTrader 4 / Utilities /

Breaking TrendLine 4

30 USD

Demo downloaded: 122

Published: 13 May 2023

Current version: 9.0

Breaking TrendLine 4

Utilities
Mohamed Mahdy Mohamed Abdelmoneim
Version: 9.0
Activations: 5

Breaking TrendLine

This Forex Expert Advisor is a semi-automated trading system that utilizes trend lines and support/resistance levels to execute buy and sell orders in the foreign exchange market. The system automatically places stop-loss and take-profit orders based on predefined parameters set by the user. The Expert Advisor operates on an algorithmic approach to trading, allowing for precise and timely execution of trades without the need for human intervention. This system provides traders with the ability to efficiently manage their trading strategies while minimizing the risks associated with manual trading.

The EA Settings:

SL_Pips : Stop loss pips U need
TP_pips : Take profit pips U need
Buy_direct_or_wait : Default 0 ,it mean Working, so when price hit trendline or Support automaticly open buy - If U want to stop This Function can write 99999999
Sell_direct_or_wait : Default 0 ,it mean Working, so when price hit trendline or Resistance automaticly open Sell - If U want to stop This Function can write 99999999
Buy_After_Breaking : Default 1 ,it mean Expert will open Buy After Breaking Resistance with 1 CandleStick Close - If U want to stop This Function can write 99999999
Sell_After_Breaking : Default 1 ,it mean Expert will open Sell After Breaking Support with 1 CandleStick Close - If U want to stop This Function can write 99999999
MM_Martingle_Start : Mean the Money mangment start trading with Default Lot 0.1 - U can change to any lot U wan
MM_Martingle_profitfactor : Default 1 ,it mean no change on Lot every new trade , but if U decided Change to 2 , it mean after close profit trade - expert open 2nd trade with 0.2 and after success open new trade with 0.4 lot ....etc
Max_open_trades : Default 2 , mean expert will not open more than 2 trade in same time - and must close one of them to open new one
MaxLongtrades : Default 1 , mean expert will not open more than 1 buy trade in same time - and must close one of them to open new one
MaxShortrades : Default 1 , mean expert will not open more than 1 sell trade in same time - and must close one of them to open new one
Hedging : true, it mean expert can open Buy and sell at same time on same pair

From here MT5 Tools: https://www.mql5.com/en/market/product/98508

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