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TrendLine Auto Executor

ATTENTION: the utility cannot work in the Strategy Tester, if you want to try the demo version for free for a week, or have any questions, write me an email! You can find my address on my user profile.

TrendLine Auto Executor is a software capable of identifying the trendlines you have drawn on the chart and opening orders as soon as they are touched or exceeded.

The software allows you to manage two orders at a time for each chart by tracking two groups of trendlines, one for each order, and each order is defined by tracking 3 lines:

  • the first trendline drawn identifies the opening price of the order
  • the second trendline (optional) identifies the price at which to place the stop loss
  • the third trendline (optional) identifies the price at which to place the take profit

Once the trendlines have been drawn, TrendLine Auto Executor automatically updates, candle after candle, the opening, take profit and stop loss prices following the inclination of the lines, until the order is opened.

Everything is managed via a simple and practical control panel (dashboard) present on the price graph which allows you to set the type and size of the order.


Input parameters:

Set the Magic Number:  allows you to set the bot's magic number


Trendline Colors

  • TrendLine Group 1:  allows you to set the color of the trendlines of group 1
  • TrendLine Group 2:  allows you to set the color of the trendlines of group 2

Price lines Colors

  • Opening price:  allows you to set the color of the horizontal line automatically drawn on the graph that identifies the opening price of the order
  • Stop Loss:  allows you to set the color of the horizontal line automatically drawn on the graph that identifies the stop loss
  • Take Profit:  allows you to set the color of the horizontal line automatically drawn on the graph that identifies the take profit

Dashboard

  • Show the Dashboard:  Select Yes to display the dashboard, No to hide it
  • Background color:  allows you to set the background color of the dashboard
  • Content color:  allows you to set the color of all elements within the dashboard

 

Dashboard

The dashboard allows you to define the type of order you wish to open in a very simple way, using the various buttons. Each part of it is described below.

  • Magic number:  indicates the magic number assigned when setting the parameters.
  • Server Time: i ndicates the current server time.
  • TrendLine Group 1 (and Trendline Group 2):  indicates the area within the dashboard dedicated to group 1, or group 2, of trendlines. The color of the writing recalls the one set for the trendline group when setting the parameters.
  • Turn on Trading:  by clicking on the red button you can activate trading and open orders (the button turns green and the writing shows “Trading ON”).
  • ORDER  (the two buttons allow you to set the type of order)
    • Buy:  to set the automatic opening of a buy order.
    • Sell:  to set the automatic opening of a sell order.
  • ENTRY  (the two buttons allow you to set the type of entry)
    • If touched:  the order will be executed as soon as the price touches the trendline.
    • At open:  the order will be executed when a new candle opens. If Buy has been set, the new candle must open above the trendline, while the opening of the previous one must be below. In the case of a Sell order, the new candle must open below the trendline, while the opening of the previous candle must be above.
  • TP & SL  (the two buttons allow you to set how to manage the take profit and stop loss once the order has been opened)
    • Static:  once the market order is opened, the TP and SL (if present) will remain unchanged.
    • Dynamic:  once the market order has been opened, the TP and SL (if present) will follow the trendlines drawn, assuming the same values, furthermore by manually moving the trendlines it is possible to also move the TP and SL.
  • VOLUME  (the two buttons allow you to set the volume of the operation)
    • Size:  the volume is set by defining the number of lots or contracts. The value must be entered in the field alongside indicated by the words “Enter size:”. The estimated percentage risk in relation to the Balance is indicated just below (the Stop Loss line must have been drawn).
    • Risk%:  the volume is set by defining the percentage risk compared to the Balance. The value must be entered in the field alongside indicated by the writing “Enter risk %:”. The estimated size for opening the order is indicated just below (the Stop Loss line must have been drawn to calculate the size and therefore open the order).
  • The table at the bottom indicates the prices, the monetary profit and in percentage of the Balance, both of the order not yet placed based on where the trendlines have been positioned, and of the market order once opened by the software.
  • Finally, the word Profit positioned at the bottom shows the indication:
    • “no orders planned”,  if no trendlines are drawn on the graph and therefore no order has been planned
    • “order planned but not yet executed” , if trendlines are drawn but the order has not yet been executed
    • The monetary profit and the profit compared to the balance, if the order has been executed and is at market

 

Notes for correct use:

  • The software is developed to only recognize trendlines of the color specified when setting the parameters, other types of lines and other colors are not taken into consideration.
  • To be identified and recognized, trendlines must be traced up to the current candlestick, otherwise it is as if they were not present.
  • To define an order it is necessary to draw at least one trendline to identify the opening price.
  • If you set the At open option as ENTRY, the order will open according to the set chart timeframe.
  • Once the order is closed (manually, for take profit or stop loss) the bot disables trading by returning the "Turn on Trading" button to the red color and the size to zero. The trendlines still remain positioned on the chart so you can reuse them to plan new orders.
  • Once the trendlines have been drawn, the software automatically draws horizontal lines that indicate the opening price of the order and, if indicated, the prices at which to place the stop loss and take profit.
  • The buttons and writings on the dashboard update their status with each new tick of the market, in phases of low liquidity there may be some delay in the response of the buttons.


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Este producto de programa no tiene análogos en el mundo, ya que se trata de un "mando de control" universal de operaciones comerciales, comenzando desde la obtención de las señales comerciales, la automatización de la entrada en la posición, el establecimiento de stop loss y take profit, así como de trailing de beneficio de multitud de transacciones simultáneamente en una ventana abierta. Gestión intuitiva y comprensible del experto en "tres clicks" en la pantalla del monitor, permite utilizar a
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Makarii Gubaydullin
4.89 (18)
Utilidades
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Utilidades
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4.48 (27)
Utilidades
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Samuel Bandi Roccatello
5 (2)
Utilidades
Cerberus the Equity Watcher es una herramienta de gestión de riesgos que monitorea constantemente   el valor de tu cuenta y evita drawdowns importantes, que sean ellos causados por EA defectuosos o por las emociones si eres un trader discrecional. Es extremadamente útil para los traders sistemáticos que confían en EA que pueden contener errores o que pueden no funcionar bien en condiciones de mercado inesperadas. Cerberus   permite establecer un valor mínimo de tu cuenta y (opcionalmente) un va
Take a Break MT5
Eric Emmrich
4.75 (16)
Utilidades
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
DrawDown Limiter
Haidar, Lionel Haj Ali
5 (18)
Utilidades
Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
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Levi Dane Benjamin
5 (1)
Utilidades
¡Envía señales totalmente personalizables desde MT5 a Telegram y conviértete en un Proveedor de Señales! Este producto se presenta en una interfaz gráfica fácil de usar y visualmente atractiva. ¡Personaliza tus ajustes y comienza a usar el producto en cuestión de minutos! Guía del usuario + Demo  | Versión MT4  | Versión Discord Si deseas probar una demo, por favor consulta la Guía del usuario. El remitente de MT5 a Telegram NO funciona en el probador de estrategias. Características de MT5 a
HINN Lazy Trader
Georg Vahi
5 (1)
Utilidades
Set price targets, and leave everything else to HINN Lazy Trader! This tool is designed for automatic position sizing from specified levels to designated targets. Using a VPS is recommended (*). The demo version   limited in functionality, be sure to watch this video before using -->  https://youtu.be/geLQ6dUzAr8 A community for users, product discussion, update news, and first line of support are organized in a free Discord: https://discord.gg/zFhEZc7QDQ Use Webmoney For payments in cryptocu
Hedge Ninja
Robert Mathias Bernt Larsson
3 (2)
Utilidades
Asegúrate de unirte a nuestra comunidad Discord en www.Robertsfx.com , también puedes comprar el EA en robertsfx.com GANE SIN IMPORTAR EN QUÉ DIRECCIÓN SE MUEVA EL PRECIO Este robot gana sin importar en qué dirección se mueva el precio al seguir la dirección cambiante dependiendo de en qué dirección se mueva el precio. Esta es la forma más libre de operar hasta la fecha. Por lo tanto, gana sin importar en qué dirección se mueva (cuando el precio se mueve a cualquiera de las líneas rojas como s
CAP Strategy Builder EA MT5
MEETALGO LLC
4.33 (36)
Utilidades
The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow develop strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA   in this market place. You can use as trade
RiskGuard Management
MONTORIO MICHELE
5 (14)
Utilidades
ATTENTION the expert does not work in strategy tester, for a trial version visit my profile. Manual RiskGuard Management   RiskGuard management was born with the idea of ​​helping traders from their initial journey to becoming expert and aware traders. Compatible with any operating system whether Mac or Windows. The operations panel is integrated into the graph giving the possibility to choose size and position between right and left, while the various buttons light up when they can be used,
Grid Manual MT5
Alfiya Fazylova
4.88 (16)
Utilidades
Grid Manual es un panel de negociación para trabajar con una cuadrícula de órdenes. La utilidad es universal, tiene configuraciones flexibles y una interfaz intuitiva. Funciona con una cuadrícula de pedidos no solo en la dirección de promediar pérdidas, sino también en la dirección de aumentar las ganancias. El usuario no necesita crear y mantener una cuadrícula de pedidos, la utilidad lo hará. Basta con abrir un pedido y el "Grid manual" creará automáticamente una grilla de pedidos para el mism
MT5 to Discord Signal Provider
Lukas Roth
5 (4)
Utilidades
El MT5 to Discord Signal Provider es una herramienta fácil de usar y completamente personalizable diseñada para enviar señales de trading directamente a Discord. Esta herramienta transforma tu cuenta de trading en un proveedor de señales eficiente. ¡Personaliza los formatos de los mensajes para adaptarlos a tu estilo! Para facilitar su uso, selecciona entre plantillas pre-diseñadas y elige qué elementos del mensaje incluir o excluir. [ Demo ] [ Manual ] [ Versión MT4 ] [ Versión Telegram ] Con
Risk Manager Pro MT5
Roman Zhitnik
5 (2)
Utilidades
The Expert Advisor is a risk manager helping users to control their trading. In the settings, it is possible to specify the parameters at which the risk manager force closes the opened trades and closes the terminal as well, if it is needed to prevent opening trades on emotions, which do not correspond to the trading strategy. Risk Manager settings Check limit to close   - check the equity limit Limit to close   - equity limit that is taken into account Check day limit to close   - check the
Profit or Loss Pad
Vladislav Andruschenko
4.5 (10)
Utilidades
Cerrar posiciones en MetaTrader 5 al alcanzar la ganancia / pérdida total con la función de seguimiento de ganancias.   CloseIfProfitorLoss con seguimiento Puede habilitar las   paradas virtuales (orden separada)   , cálculo y cierre para   posiciones de COMPRA y VENTA por separado (COMPRA VENTA separada)   , cerrar y calcular   todos los símbolos o solo el símbolo actual (Todos los símbolos)   , habilitar trailing con fines de lucro (   Trailing   Profit) Las posiciones se cierran en función d
Price Action Trade Panel EA MT5
Juvenille Emperor Limited
5 (4)
Utilidades
Price Action Trade Panel MT5   calcula el balance del nivel de fuerza de compra / venta de cualquier símbolo / instrumento, basándose en datos puros de acción del precio de las velas pasadas especificadas (8 por defecto). Esto le dará el sentimiento de mercado más cercano posible al monitorear la acción del precio de 32 símbolos / instrumentos que están disponibles en el panel del indicador. Un nivel de fuerza de compra / venta superior al 60% proporciona un nivel bastante sólido para comprar /
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