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THeMindTheLines plus TrendlineArchitect

This EA keeps an eye on drawn lines and opens orders according to a specification.

Together with the included tool Trendline-Architect, which calculates and draws lines over the chart, it is a fully automatic EA.

There are two types of trends:
    Trend A: the line is drawn using local lows for uptrends and local highs for downtrends
    Trend B: the line is drawn using local highs for uptrends and local lows for downtrends

A few conditions have to be fulfilled. To understand and change the parameters see also picture 8.

You can draw additional lines manually - the EA will recognise them. OBJ_TREND, OBJ_CHANNEL, OBJ_TRENDBYANGLE, OBJ_REGRESSION, OBJ_STDDEVCHANNEL and OBJ_FIBOCHANNEL objects will be detected - others will be ignored. The lines or channels have to have valid coordinates and rayed to the right, otherwise the value will be zero. Although channel-objects are usually composed of 2 or more lines, this EA recognises only the mainline (the one with the 2 basepoints).

There are two line types:

    SUPPORT: most of the prices are above this line
    RESISTANCE: most of the prices are below this line

The line type and the trade direction of recognized line can be determined automatically or can be set manually.

Around recognized lines, there will be a zone called ActionArea. The nearest ActionAreas to the current price for long- and short-trades are shown in the chart. If the current price is in this zone, an order or an alarm will be triggered and the triggered trade direction will be deselected for this line.


Parameters

  • Do Automatic LineType-Detection is true to automatically detect the line type (SUPPORT or RESISTANCE).
If false, the line type is set to NONE by default. Changes apply only to new lines or the first time the EA is activated on a chart.
The user can change the line type for each line by clicking on the button.
The button displays the current line type and is green when in automatic mode.
  • ATR-period defines the period of the ATR calculation. The area and distance around the lines where some action happens is measured in ATR. The ATR timeframe is the same as in the chart.
  • min. ATR-distance for LineType-Detection is the minimal distance to a line to auto detect the line type (SUPPORT or RESISTANCE).
  • max./min. ATR-distance for ActionArea
  • If the mean value of both values is positive, the action happens before the line is broken. Expectation should be a change of the previous approached price direction (see screenshot 2).
  • If the mean value of both values is negative, the action happens after the line is broken in direction of an outbreak (see screenshot 3).
  • ATR-distance for Stoploss is the distance to Stoploss. The Stoploss is always on the other side of the line - so it makes no difference if this value is positive or negative.
  • TP/SL ratio is the factor to calculate TP price.
  • MagicNo is the number to differ strategies and their orders.
  • Do Alert is true, if an Alert-message is needed, too.
  • Risk is
    • the relative portion of RiskBase which is risked per order or
    • the fixed lotsize, in case this mode is choosen in RiskBase.
If risk equals to zero, no orders are allowed. Maximum risk allowed is 0.1.
  • RiskBase is the base of risk calculation. You can choose between:
    • Balance
    • Free margin
    • Free equity (equals free margin minus risk of open orders. In this mode all open orders have to have Stoploss or else free equity equals zero.)
    • Fixed lotsize: the value of the ordersize is taken from the value Risk. 
  • color ActionArea long/short defines the color in the chart.
  • MinBarAge: the count of bars to the last base point of a line is called BarAge and has to be greater than the parameter MinBarAge
  • MinLength: the length of the line starting at the first base point is measured in bars and has to be greater than MinLength
  • MinLenfac: the ratio of the length between the base points of the mainline and the length of the whole line has to be greater than MinLenfac
  • MaxPostBreakfac: the ratio of bars since the line was broken (PostBreak) and the unbroken line length has to be less than MaxPostBreakfac
  • LineColor: sets the main color of the lines
  • ColorFadefac: represents the color intensity at the point the conditions are scraped through; 0 means main color, 1 means background color
  • FadeFac: is similar to MinLenfac and sets the ratio, when to start the fadeout






































































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Promotion de lancement ! Il ne reste que quelques exemplaires au prix actuel ! Prochain prix : 1233 $ Prix final : 1993$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:  https://www.mql5.com/en/market/product/107337?source=Site+Market+Product+Page For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30
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Fanur Galamov
5 (16)
Experts
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
Sequoia mt4
Yvan Musatov
5 (1)
Experts
The Sequoia Expert Advisor is a professional market analyst working using a specialized algorithm. Based on the analysis of prices over a specific time interval, it reveals the strength and amplitude of prices using a unique indication system based on real data. When the strength of the trend and its direction changes, the expert closes the current position and opens a new one. The bot's algorithms include signals about overbought and oversold markets. A purchase occurs if the signal falls belo
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Sang Sariaji Sakti
Experts
$999.99 END ON MONDAY, JULY 22, 2024 !   "FUTURE SIGHT OFFICIALLY ONLY SOLD IN MQL5" SAVE YOUR MONEY FOR THE AUTHENTIC FUTURE SIGHT, NOT WORTHLESS PIRATED COPIES. NEXT PRICE $1250. FUTURE SIGHT IS EQUIPPED WITH HIGH SECURITY FEATURES AND HAS A UNIQUE CODE. THIS MAY STOP USERS FROM USING PIRATE FILES, IF APPROVED BY AUTHORIZED FUTURE SIGHT USERS, SO PROTECT YOUR MONEY! FUTURE SIGHT WITH A  WIN RATE OF MORE THAN 80% , OPENING 10 TO 20 OR MORE TRADING EVERY DAY ON 8 SYMBOLS, LOW RISK WITH  "SPECIA
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Lo Thi Mai Loan
Experts
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Ho Tuan Thang
3.73 (15)
Experts
ONLY 3 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. Limited price $299 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - No Martingale, No Grid - The order is always protected by Stoploss - EA is using in-bu
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Stanislav Tomilov
4.1 (10)
Experts
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Soraya Bahlekeh
5 (9)
Experts
Prix ​​d'origine 269 $ → 50% de réduction seulement 129 $ Résultats en direct :   lien dans la Bio Tiger Trade Pro - Votre clé pour un trading confiant ! Tiger Trade Pro est un EA réel et constamment rentable qui utilise le système Scalp-Trend et présente un risque très favorable par rapport à d'autres EA similaires. Cet EA propose des paramètres simples et avancés pour correspondre à votre style de trading. Paramètres personnalisés:  Que vous préfériez la simplicité ou des contrôles avanc
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Lachezar Krastev
5 (6)
Experts
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Valeriia Mishchenko
4.34 (50)
Experts
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LEE SAMSON
4.71 (7)
Experts
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Indicateurs
This indicator calculates and draws lines over the chart. There are two types of trends: Trend A: the line is drawn using local lows for uptrends and local highs for downtrends Trend B: the line is drawn using local highs for uptrends and local lows for downtrends There are a few conditions, which have to be fulfilled and can be changed by the parameters (see also picture 4): MinBarAge : the count of bars to the last base point of a line is called BarAge and has to be greater than the parameter
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3 (2)
Experts
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Torsten Hempel
Utilitaires
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1 (1)
Indicateurs
This indicator calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local lows for uptrends and local highs for downtrends Channel B: the mainline is drawn using local highs for uptrends and local lows for downtrends The parallel lines of both types are built using the max. fractal between the base points of the mainline. There are a few conditions, which have to be fullfilled and can be changed by the parameters (see also picture 4):
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Torsten Hempel
5 (1)
Experts
This EA keeps an eye on drawn lines and opens orders according to a specification. It is a semi-automatic robot, which does NOT draw or change any lines. A user can draw them manually or use tools like Trendline-Architect or Channel-Architect, which draws lines automatically. OBJ_TREND, OBJ_CHANNEL, OBJ_TRENDBYANGLE, OBJ_REGRESSION, OBJ_STDDEVCHANNEL and OBJ_FIBOCHANNEL objects will be detected - others will be ignored. The lines or channels have to have valid coordinates and rayed to the right,
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Torsten Hempel
Utilitaires
This utility calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local lows for uptrends and local highs for downtrends Channel B: the mainline is drawn using local highs for uptrends and local lows for downtrends The parallel lines of both types are built using the max. fractal between the base points of the mainline. There are a few conditions, which have to be fullfilled and can be changed by the parameters (see also picture 3):
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Torsten Hempel
Indicateurs
This indicator calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local lows for uptrends and local highs for downtrends Channel B: the mainline is drawn using local highs for uptrends and local lows for downtrends The parallel lines of both types are built using the max. fractal between the base points of the mainline. There are a few conditions, which have to be fullfilled and can be changed by the parameters (see also picture 4):
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