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Trendline TakeProfit EA MT5

A robot that real-time supervise your open position and close it once the price level touches (or is close to touch) a previously selected trendline.

You don't have to constantly watch your open position and wait for the proper time to close it. It automatically does this entire process and gives you time to spot new market opportunities.

It can be attached to multiple charts and assist multiple open positions at the same time.

Setup steps

  1. Draw a trendline on chart (using your mouse)
  2. Allow MetaTrader 5 Client Terminal Auto Trading (Algo Trading) (Ctrl+E) option
  3. Load (Attach to Chart) the EA
  4. Click the trendline (left mouse button)
  5. Update the Assistant and Target input parameters as desired (or use the default ones)
  6. Click the Enable button


Input parameters (editable)


Assistant

  • Action - Close
  • Position ticket - The open position ticket number (this can be found in Toolbox -> Trade -> Open positions list view-> "Ticket" column that corresponds to position's row)
  • Deviation - Maximal deviation from the current price (in points). This can be any value between 0 and 50. The default value is 0 and the step is 1. Detailed information can be found here
  • Notifications - While in an enabled state, if this checkbox is selected, the Assistant will send a confirmation push notification to your mobile device once the target price is reached and the position is closed

Target

  • Tolerance It allows you to set a lower / upper take profit target price level (a few points below / above the trendline's current price level). This can be any value between -500 and 500. The default value is +/- 30 (+30 in case that the trendline is below the current ask price; -30 in case that the trendline is above the current bid price) and the step is 10


Informational parameters (not editable)


Instrument

  • Symbol - The chart symbol
  • Period - The chart period
  • Ask price - The chart symbol's ask price
  • Bid price - The chart symbol's bid price

Trendline

  • Time - The current market watch
  • Price - The trendline's price level at the current market watch

Assistant

  • Status - The Assistant's current status (Enabled / Disabled)

Target

  • Price - The price level the open position will be closed at

    • for a support trendline: Target price = Trendline price + Tolerance
    • for a resistance trendline: Target price = Trendline price - Tolerance

  • Points to - The remaining points to Target price level
    • for a support trendline: Points to = Ask price - Target price
    • for a resistance trendline: Points to = Target price - Bid price

Important

  • Before enabling the EA you have to turn on the MetaTrader 5 Client Terminal "Auto Trading (Algo Trading)" (Ctrl+E) option. This allows EA to automatically close a position. Detailed information can be found here.
  • The EA is reinitialized once the chart's period is changed (the EA needs to be re-enabled for the newly selected period).
  • Before using the Notifications feature you have to setup your MetaTrader 5 Client Terminal and your MetaTrader 5 Android and /or MetaTrader 5 iPhone/iPad accordingly. Detailed information can be found here.
  • The Trendline and Target price levels evolve in time depending on the trendline's slope.
  • The Target price is marked on chart by a target icon. While the Assistant is disabled the target icon is blue. The icon turns red while the Assistant gets enabled.
  • Wisely set a Target Tolerance. It allows you to target a more realistic take profit price level.


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EA DIDI  Alert: lecteur d'aiguille du ATM SYSTEMS Êtes-vous à la recherche d’outils pour vous aider à profiter des meilleures opportunités de trading sur les marchés financiers ? Ensuite, DIDI Alert – Agulhadas Detector d'ATM Systems est le seul conseiller sur le marché qui exploite la puissante stratégie de trading Needles Setup de Didi Aguiar avec le DIDI INDEX, contrairement à d'autres conseillers dédiés à cette stratégie. Nous devons savoir que nous disposons d’une variété de ressources. T
Trade Assistant 38 in 1
Makarii Gubaydullin
4.9 (20)
Outil multifonctionnel : plus de 65 fonctions, dont : calcul de lot, price action, facteur R/R, gestionnaire des trades, zones d'offre et de demande Version de démonstration   |   Manuel de l'Utilisateur   |    MT4 L'utilitaire ne fonctionne pas dans le testeur de stratégie : vous pouvez télécharger la version de démonstration ICI pour tester le produit. Contactez-moi   pour toutes questions / idées d'amélioration / en cas de bug trouvé Simplifiez, accélérez et automatisez votre processus de tr
Profit or Loss Pad
Vladislav Andruschenko
4.5 (10)
Clôture des positions dans MetaTrader 5 après avoir atteint le bénéfice/perte total avec la fonction de suivi des bénéfices.   FermerIfProfitorLoss with Trailing Vous pouvez activer les   arrêts virtuels (ordre séparé)   , calcul et clôture des positions   ACHAT et VENTE séparément (ACHETER VENTE séparé)   , fermeture et calcul de   tous les symboles ou du symbole courant uniquement (Tous les symboles)   , activer le suivi pour le profit (   Trailing   Profit) Les positions sont fermées sur la
This Expert Advisor waits a position to be opened, no matter if you open manually or with the EA buttons or eventually via mobile: it creates a Grid in Anti Martingale with pending stop orders in the same direction of the first position. You can specify the number of orders, the size and the distance between the orders. You can also adjust the Monetary Target of the Grid, the monetary Stop Loss, the Intermediate Target (when reached the EA insert an order with opposite direction of the total pos
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
Mentfx Mmanage mt5
Anton Jere Calmes
4.25 (8)
The added video will showcase all functionality, effectiveness, and uses of the trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool calculates al
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Version 1.1 2019.02.14
Version 1.01

Bug fixed: The Target icon is now correctly recalculated and redraw on chart (when the Target price level evolves in time depending on the trendline's slope).