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Simply System Trend Line

5

I personally love trading robots, but there are many situations where semi-auto trading is superior to automation. The system is very simple and effective. 


Trend lines are typically used with price charts, however they can also be used with a range of technical analysis charts such as CCI and RSI. 


What is the trend line?

 Trend line is a bounding line for the price movement. It is formed when a diagonal line can be drawn between a minimum of three or more price pivot points. A line can be drawn between any two points, but it does not qualify as a trend line until tested. Hence the need for the third point, the test.

From Wikipedia, the free encyclopedia.  https://en.wikipedia.org/wiki/Trend_line_(technical_analysis)


Important!

We only use RSI and CCI for price close (see screenshot).

There is a problem on the mt4 platform. Lines are not stable. Therefore the expert calculates and saves the parameters. The position of the line is constantly monitored. 


To become a professional trader, you must get to know trend line. Once these are mastered, you can learn proven strategies and gain experience in implementing them.

Required capital

min $100 per lots 0.01

Input Parameters 

         
        • Start - choose whether you want to trade long or short positions only or both.      
        • Slippage - slippage. 
        • MagicNumber - trades ID.  
        • Slippage - slippage. 
        • Comment - comment for orders.
        • Stop Loss - Stop Loss in pips.
        • Take Profit - Take Profit in pips.  
        • Min Take Profit - minimal Take Profit.
        • Average + Take Profit  - average order price + Take Profit.   
        • Lots - initial lot.   
        • Stepper - quantity positions without the multiplier 1=1+multiplier; 2=1+1+multiplier etc.  
          • PipStep - the minimum distance between orders.
          • Max Trades - the maximum number of position.  



























    Recensioni 1
    ARTHUR PAINE
    68
    ARTHUR PAINE 2023.10.29 20:11 
     

    Yes, very happy with this EA

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    Szymon Palczynski
    Rediscover trading. The future of Forex is intuitive hybrids. Hello, my name is Szymon, I am a professional algorithm developer for trading on financial markets forex. Working experience in finance and programming for more than 10 years. I specialize in grid systems and martingale. Black Horse EA is an automated forex robot (this is not your usual grid or martingale). This EA trades based on the breakout of price levels (according to the mathematical algorithm, it determines the area of ​​a rang
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    ARTHUR PAINE
    68
    ARTHUR PAINE 2023.10.29 20:11 
     

    Yes, very happy with this EA

    Szymon Palczynski
    15507
    Risposta dello sviluppatore Szymon Palczynski 2023.11.01 16:45
    Thank you for the reviews
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