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TrendLine Auto Executor MT4

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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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 extend
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Levi Dane Benjamin
5 (3)
Utilidades
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Live Orderbook
Sara Sabaghi
Utilidades
On the occasion of the first days of publishing and attracting first customers, a 50% discount $120 for first 10 user (3 license left) Next price is $160 > $200 > $240 Don't forget to send a message after buying (not renting) to add you to our VIP group for free. Live OrderBoook, Another high-level tool by Ziwox Order Book An order book is an electronic list of buy and sell orders for a specific asset, organized by price level. It provides real-time data on market depth, showing the amount o
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Utilidades
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
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Trinh Dat
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Utilidades
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
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4.33 (9)
Utilidades
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5 (4)
Utilidades
DESCARGAR VERSIÓN DEMO INSTRUCCIONES -       https://www.mql5.com/ru/blogs/post/758419 EN MODO DE PRUEBA             (en el probador) funcionalidad del panel             NO ACTIVO       Hemos proporcionado únicamente una representación visual del panel en sí. Una herramienta que pueda calcular instantáneamente el tamaño de la posición o el riesgo en función de un nivel de stop loss determinado es fundamental tanto para los operadores profesionales como para los principiantes. La utilidad de t
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Vladislav Andruschenko
4.88 (57)
Utilidades
Panel de comercio para operar en 1 clic.  ¡Trabajando con posiciones y pedidos!  Operar desde el gráfico o desde el teclado. Con nuestro panel de operaciones, puede operar con un clic del gráfico y realizar operaciones comerciales 30 veces más rápido que el control estándar de MetaTrader. Cálculos automáticos de parámetros y funciones que facilitan la vida de un comerciante y lo ayudan a realizar sus actividades comerciales de manera mucho más rápida y conveniente. Consejos gráficos e informaci
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Moch Ramdhan
1 (1)
Utilidades
BBMA Oma Ally Signals Scanner (BBMA Oma Ally Analyzer Dashboard EA) This is a multi-pair and multi scanner dashboard to find the key signal of BBMA Oma Ally Strategy BBMA consists of the use of 2 indicators: Moving Averages Bollinger Bands BBMA consists of many types of entries: Reentry Extreme Rejection EMA50 GAP (EMA50 to Upper/Lower BB) MHV Full Setup (CSE>TPW>MHV>Direction>Reentry) There are many multi timeframe signals based on this strategy. RRE (Reentry - Reentry - Extreme) REE (Reentry
Trade Sync MT4
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5 (1)
Utilidades
« Trade Sync » — Really fast copying and precise synchronization of trades. Simple installation and configuration of the application within 5 seconds allows you to copy trades between different MetaTrader terminals installed on one Windows PC or Windows VPS at maximum speed. «Trade Sync» contains a large number of options for customizing the application to your specific needs and allows you to cope with even complex user tasks. Separate use: Trade Sync MT4 - allows you to copy (Мt4 > Мt4), Trade
EA Hedger
Sergej Chukhista
4.67 (3)
Utilidades
¿Ha comprado un asesor comercial, se ha suscrito a una señal o está operando manualmente? No se olvide de la gestión de riesgos. EA Hedger   es una utilidad comercial profesional con muchas configuraciones que le permite administrar los riesgos utilizando coberturas. La cobertura es una técnica de negociación que implica la apertura de posiciones opuestas a las posiciones ya abiertas. Con la ayuda de la cobertura, la posición puede bloquearse total o parcialmente (bloquearse). Por qué es renta
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5 (3)
Utilidades
GRID TRADING - Layer Master tool kit is the ultimate, easy to use trading toolkit makes it simple to layer grids of Orders over any entry level. This toolkit will make it simple and fast to Open / Enter and Manage your grid trades on MT4. Every function is simple - but clicking and dragging the order zone - you define an area you want your orders, then you can quickly drag the SL and TP levels to where you want them. Hit one button and your orders are sent!!!  Features: It is capable to send h
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3.5 (4)
Utilidades
¡Envía señales totalmente personalizables desde MT4 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 minutos! Guía del Usuario + Demo  | Versión MT5  | Versión Discord Si deseas probar una demo, por favor ve a la Guía del Usuario. El Enviador de MT4 a Telegram NO funciona en el probador de estrategias. Características de MT4 a   Telegram Per
Smart Copy Local MT4
Kyra Nickaline Watson-gordon
5 (7)
Utilidades
Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT4 Specifications :     Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying     Copy from netting to hedge and hedge to netting is supported.     Fast and instant copy     All settings are input visually.     Easy modifying symbol names, prefix, suffix     Enable/Disable co
Discord To MT4 Copier
Trinh Dat
5 (4)
Utilidades
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
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LEE SAMSON
5 (6)
Utilidades
Tome el control de su cartera de divisas. ¡Vea instantáneamente dónde se encuentra, qué funciona y qué le causa dolor! VERSIÓN MT5 DISPONIBLE AQUÍ: https://www.mql5.com/en/market/product/58658 El Trade Manager Dashboard está diseñado para mostrarle de un vistazo dónde se encuentra actualmente cada posición que tiene en el mercado de divisas, y hacer que la gestión de riesgos y la exposición a las divisas sean más fáciles de entender. Para los comerciantes que escalan gradualmente en el mercad
Ultimate Trade Copier
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5 (1)
Utilidades
This trade copy utility allows you to instantly and seamlessly replicate and synchronize unlimited orders from multiple master accounts to multiple slave accounts on your local machine. You can create custom channels (or portfolios) with advanced filtering capabilities to copy from multiple master accounts to multiple slave accounts. Moreover, you can tailor these channels with a range of lot sizing and trade condition options to ensure that copied trades outperform the original source. You can
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5 (12)
Utilidades
Copiadora->Interacción de interfaz ->>>>Recomendado para usar en computadoras Windows o VPS Windows Funciones básicas: La velocidad de la interacción de copia de operaciones es inferior a 0,5 s. El 95% de los símbolos en diferentes plataformas (casos especiales como diferentes sufijos) se combinan automáticamente, básicamente no se requieren configuraciones manuales 4 modos de cálculo de lotes, que se pueden configurar según diferentes fuentes de señal Se pueden combinar a voluntad múltiples pl
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Asesores Expertos
Tyrell Strategy 1   is a professional trading strategy based on the key concepts of Technical Analysis and developed by a team of traders and programmers with many years of experience. The Expert Advisor operates by placing pending Stop orders and exploits the increases in volatility that occur when specific price levels that act as resistances and supports are broken. Tyrell Strategy 1   is equipped with several risk management systems, including 2 trailing stop systems and a protection syst
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Asesores Expertos
Tyrell Strategy 2 is a professional trading strategy based on the key concepts of Technical Analysis and developed by a team of traders and programmers with many years of experience. The Expert Advisor operates by placing pending Buy Stop orders and exploits the price movements that occur following the creation of specific volatility patterns. Tyrell Strategy 2 is equipped with several risk management systems, including a trailing stop that intervenes once the market order exceeds a specific
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Alessandro Bertoli
Asesores Expertos
Tyrell Strategy 3  is a professional trading strategy based on the key concepts of Technical Analysis and developed by a team of traders and programmers with many years of experience. The Expert Advisor operates by placing pending Buy Stop orders and has the aim of identifying the reversal phases and riding the new trend until it runs out. Tyrell Strategy 3  is equipped with several risk management systems, including a trailing stop that intervenes once the market order exceeds a specific prof
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