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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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Trade copier MT5
Alfiya Fazylova
4.48 (27)
Trade Copier est un utilitaire professionnel conçu pour copier et synchroniser les commandesentre les comptes de trading. Les commandes sont copiées du compte/terminal du fournisseur vers le compte/terminal du destinataire, qui sont installés sur le même ordinateur ou vps. Avant d'acheter, vous pouvez tester la version démo sur un compte démo. Version démo ici . Instructions complètes ici . Principales fonctionnalités et avantages: Prend en charge la copie des commandes MT5> MT5, MT4> MT5, MT5>
-25% discount ($149 -> $111) Everything for chart Technical Analysis indicator mt5 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 mt5 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
Cerberus Equity Watcher
Samuel Bandi Roccatello
5 (2)
Cerberus the Equity Watcher est un outil de gestion des risques qui surveille en permanence la valeur de votre compte et empêche les pertes importantes, qu'elles soient causées par des EA défectueux ou des émotions si vous êtes un trader discrétionnaire. Il est extrêmement utile pour les traders systématiques qui s'appuient sur des EA susceptibles de contenir des bogues ou de ne pas fonctionner correctement dans des conditions de marché inattendues. Cerberus vous permet de définir une valeur min
HYT utility
Sergey Batudayev
5 (1)
HYT (Help Your Trading) is a tool designed to help you average down your losing positions using two main techniques: Standard averaging . Hedging with subsequent opening of positions in the direction of the trend . Buy 1 and 1 get FREE This tool allows you to manage multiple positions opened in different directions, both for buying and selling. HYT automatically calculates the size of the next position , order price, direction for averaging, and closing the position with a specified take-profit
Ultimate Trailing Stop EA MT5
BLAKE STEVEN RODGER
4.5 (6)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overri
Le MT5 to Discord Signal Provider est un outil convivial et entièrement personnalisable conçu pour envoyer directement des signaux de trading à Discord. Cet outil transforme votre compte de trading en un fournisseur de signaux efficace. Personnalisez les formats de messages pour qu'ils correspondent à votre style ! Pour plus de facilité, choisissez parmi des modèles pré-conçus et décidez quels éléments du message inclure ou exclure. [ Démo ] [ Manuel ] [ Version MT4 ] [ Version Telegram ] Conf
-25% discount ($199 -> $149) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types  - Set and forget trading w
Panneau de trading pour trader en 1 clic.   Travailler avec des positions et des commandes!   Trading à partir du graphique ou du clavier. Avec notre panneau de trading, vous pouvez exécuter des transactions en un seul clic directement depuis le graphique et effectuer des opérations de trading 30 fois plus rapidement qu'avec le contrôle MetaTrader standard. Les calculs automatiques des paramètres et des fonctions rendent le trading plus rapide et plus pratique pour les traders. Des conseils grap
DrawDown Limiter
Haidar, Lionel Haj Ali
5 (18)
Expert Advisor "Drawdown Limiter"  Vous êtes au bon endroit si vous recherchez un contrôle de drawdown, un limiteur de drawdown, une protection du solde, une protection de l'équité ou une limite quotidienne de drawdown en rapport avec les entreprises de gestion de capitaux (Prop Firm), FTMO, My Forex Fund, ou si vous souhaitez protéger votre compte de trading. Avez-vous déjà eu du mal à contrôler votre drawdown en tradant sur des comptes financés ? Cet EA est fait pour vous. Les entreprises d
Grid Manual MT5
Alfiya Fazylova
4.88 (16)
Grid Manual est un panneau de trading permettant de travailler avec une grille d'ordres. L'utilitaire est universel, possède des paramètres flexibles et une interface intuitive. Il fonctionne avec une grille d'ordres non seulement dans le sens des pertes, mais aussi dans le sens de l'augmentation des profits. Le commerçant n'a pas besoin de créer et de maintenir une grille d'ordres, l'utilitaire le fera. Il suffit d'ouvrir une commande et "Grid Manual" créera automatiquement une grille de comman
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MA MTF Overlay Chart   is software that allows you to overlay the candlestick chart of a financial instrument with a second candlestick chart of the same one, or of another, financial instrument, by setting a different timeframe from that of the basic chart. The software is very simple to use and the input parameters are listed below. Input parameters: Overlay chart set-up Financial instrument :   financial instrument that you want to overlay on the base chart Time period :   secondary instrum
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Tyrell Strategy 1
Alessandro Bertoli
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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Alessandro Bertoli
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
Tyrell Strategy 3
Alessandro Bertoli
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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