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Forex Trading Trend Support Resistance Line Trader

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:

  1. Attach the program to your chart.
  2. The Trend Line will be automatically generated for trade execution.
  3. 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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Ting Fung Ku
Monitor floating profit of trades and close half of the lot size when profit reach target. Can monitor either all trades in whole account or by specified magic number. Can set amount of slippage and spread tolerance. Can set retry times and sleep seconds if split order was rejected Can set max split order times. Able to close trades after split when floating profit goes down and near 0, to prevent lose.
A   rocket   (from   Italian :   rocchetto ,   lit. 'bobbin/spool') [nb 1] [1]   is a   projectile   that   spacecraft ,   aircraft   or other   vehicles   use to obtain   thrust   from a   rocket engine . Rocket engine exhaust is formed entirely from   propellant   carried within the rocket. [2]   Rocket engines work by   action and reaction   and push rockets forward simply by expelling their exhaust in the opposite direction at high speed, and can therefore work in the   vacuum   of space. In
Программа работает на сочетании двух индикаторов.   Set _ Lot = 0.01 – значение объема лота Set _ TP = 100 – значение тейкпрофит в пунктах Set _ SL = 100 – значение стоплосс в пунктах Up _ Limit _ CCI = 100 – верхний предел CCI Down _ Limit _ CCI = -100 – нижний предел CCI Delta _ CCI = 25 – отклонение CCI от первой свечи Set _ Time _ Frame _ CCI = 15 – значение таймфрейма для расчета CCI Set _ Period _ CCI = 14 – значение периода для расчета CCI Set _ Price _ CCI = 0 – тип цены, по которому вед
El arbitraje de latencia es una estrategia comercial que permite a los comerciantes obtener ganancias instantáneas al actuar con rapidez en las oportunidades que presentan las ineficiencias de precios entre dos o más corredores: implica operar contra un corredor rezagado sabiendo el precio futuro por adelantado, recibido de otra fuente de precios, fracciones de un segundo antes. Estas ineficiencias pueden ser causadas por proveedores de liquidez o problemas de red por parte del corredor. En cond
SIAB   Smart   Manager   V3.20 "Contact support for assistance and Download ALL PRODUCTS FREE TRAIL VERSION"   Attention : the application does not work in the strategy tester Download    Demo  Do you want to succeed in Forex ? A unique product for dear forexes like him in the world only it Attention, the application does not work in the strategy tester.   A versatile expert with the following applications:   1: Calculate the volume of the position   2.  Risk Management   3.  Money Manage
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