Trend Line Closer

MQL5 Esperti

Specifiche

Trend Line Closer (TLC)

 

The purpose of the TLC is to automatically close an open position.

  • 1.       The user will manually draw a diagonal trendline on an MT5 chart that is below an up trend or above a down trend.
  • 2.       The trendline will extend to the right to infinity.
  • 3.       If the price touches the trendline, then the TLC will automatically generate a close for the open position at market.

 

The user may:

  • 1.       Manually draw a trendline.
  • 2.       Activate the trendline as a TLC line.
  • 3.       When activated, the trendline will change to magenta.
  • 4.       In the first iteration of the TLC, there will only be one open position. Activating the trendline to be a TLC will automatically link it with the open position.
  • 5.       Manually close a position which automatically unlinks it from the TLC which the EA then deletes from the chart.
  • 6.       Edit the position of the trendline.
  • 7.       Delete the TLC from the chart. This will leave the open trade intact.


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