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Forex Trading Trend Support Resistance Line Trader

Forex Trading Trend Support Resistance Line Trader

Overview:

This Forex trading robot is designed to automatically take BUY and SELL positions based on a Trend Line. It identifies and executes trades depending on the line's relative position on the chart, offering an efficient tool for traders utilizing Support and Resistance strategies.

Key Features:

  • Customizable Stop Loss: User-defined STOP LOSS values.
  • Take Profit Levels: Set your desired TAKE PROFIT levels.
  • Trailing Stop Function: Optional trailing stop feature for dynamic trade management.
  • Flexible Trading Options: Choose whether to trade BUYS, SELLS, or both simultaneously.

Trading Conditions:

  • BUY Trades: Executed when the price approaches the TREND LINE from above.
  • SELL Trades: Executed when the price approaches the TREND LINE from below.

How It Works:

  • Users can draw a Trend Line in a straight line (to act as support or resistance) or diagonally (as a trend line).
  • If you excel at accurately placing Trend Lines or Support/Resistance lines, this algorithm enhances your trading potential.
  • The algorithm will automatically create a Trend Line on the chart, which can be adjusted manually by the user to fit your trading analysis.

User Inputs:

  • Set STOP LOSS and TAKE PROFIT values.
  • Optionally activate the Trailing Stop function.
  • Select whether to trade BUYS, SELLS, or both simultaneously.

Requirements:

  • MetaTrader 4 compatible.

Instructions:

  1. Attach the program to your chart.
  2. The Trend Line will be automatically generated for trade execution.
  3. Adjust the line as per your chart analysis for optimal trading results.

Important Note:

The performance of this algorithm is largely dependent on the user's ability to accurately place Trend Lines or Support/Resistance lines on the chart.

About the Developer:

Developed by an experienced Forex programmer with over 10 years of experience in MetaTrader 4 algorithm creation.

Currently holding a DarwinEx Score of 61.4 and actively trading in proprietary accounts, having passed a challenge successfully.

Get support directly from the developer and request customizations if needed.

Why Buy from Me?

  • Direct Support: Receive personalized assistance directly from the developer.
  • Customization Requests: Tailor the algorithm to your specific trading strategy.
  • Proven Expertise: Over a decade of experience in MT4 algorithm development, ensuring reliability and performance.

Feel free to contact me for any assistance or customization requests after purchase.

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Pro Indicator Trader is a professional trading tool with which you can automate/create a trading strategy using the 31 classical Metatrader 4 indicators.  An elegant and intuitive interface allows you to customize your strategy down to the smallest detail and choose whenever the EA should open a buy or sell position. For each entry-trade rule, you can use up to 14 different indicators. The EA is designed for professional traders, therefore it has many advanced functions. The EA records the orde
Программа работает на сочетании двух индикаторов.   Set _ Lot = 0.01 – значение объема лота Set _ TP = 100 – значение тейкпрофит в пунктах Set _ SL = 100 – значение стоплосс в пунктах Up _ Limit _ CCI = 100 – верхний предел CCI Down _ Limit _ CCI = -100 – нижний предел CCI Delta _ CCI = 25 – отклонение CCI от первой свечи Set _ Time _ Frame _ CCI = 15 – значение таймфрейма для расчета CCI Set _ Period _ CCI = 14 – значение периода для расчета CCI Set _ Price _ CCI = 0 – тип цены, по которому вед
KF TRADE PANEL V2.00 Do you want to succeed in Forex ? A unique product for dear forexes like him in the world only it Attention, the application does not work in the strategy tester. Attention, the application does not work in the strategy tester You can download the Demo version on the comments page  :  https://www.mql5.com/en/market/product/81152?source=Site or cotact us : https://www.mql5.com/en/users/siamakaghelshab   A versatile expert with the following applications:  
This EA is been tested on difference Prop firm including FTMO, MFF, TFF, Funding Next and E8.  The main focus of this EA is to provide you Risk Management, Trade Management.  It can calculate lot size for you in any market to make sure fix % risk per trade.  It has a partially close and brake even line you can place on the screen.  When the line is hit, EA will partially close the position can move the SL to entry to provide you a guarantee profit. One EA can trade all symbol.  Is a Prop Firm tr
is highly helpful in both performing and assisting a successful trade. This program allows you to work in a real account and take advantage of its most important feature, the Back-Test feature.  is made up of two panels that work together to provide you with the best and fastest performance possible. The command panel is on the left, and the confirmation panel is on the right. The command panel is divided into four main categories: Buy/Sell, Lot, Distance, and Set Close. You make all the decisi
Сервис Бот MONEY CONTROLLER (MN Controller) представляет собой вспомогательную программу, разработанную на языке программирования MQL4, предназначенную для использования в торгово-аналитической платформе Metatrader 4 компании MetaQuotes Ltd. Бот имеет защиту и будет работать только на том торговом счёте, для которого вы приобрели лицензию. Использование на других счетах невозможно. Убедитесь что номер лицензии бота совпадает с номером торгового счёта на которым вы его устанавливаете. Основные фу
The EA is used as an assistant for traders in the Trading Masters group.  The EA assists with identifying setups when taking trades using the strategies outline in the Trading Masters Group.  The EA has been developed and is intended for use by community members who understand the concepts and would like assistance navigating trade setups.  It is recommended to first understand the concepts presented in the Trading Masters group before purchasing this EA so the user can understand and benefit fr
このパネルは、初心者とプロの両方のトレーダーの取引を支援するために作成されました。 主な機能: すべての時間枠での潜在的な市場の反転に関するシグナル ニュースリリースの5分前に通知 取引セッションの交差を 5 分で通知 電子メール、電話、または端末に通知を送信します 日中の各機器の抵抗線とサポートラインを計算します アベレージング時に各商品のリスクを超えないようにする(各商品の最適な平均値をリアルタイムで計算し、次のアベレージングまでのポイント数を言います) 自動ロット計算で各取引のデポジットから簡単にカスタマイズ可能なリスク管理 損益分岐点まで取引を行い、動きの方向に利益を引き出す組み込みのトレーリング システム 各楽器の量をパーセントで説明し、1 日あたりにどれだけ経過したかを示します。また、預金からこの商品で獲得した割合とポイントの相対的な割合も示します 一括決済注文と未決注文の配置に便利なホット ボタン 特定の商品のすべての取引の損益分岐点またはゼロ点の自動計算 サーバーを操作するには、「 http://ec.forexprostools.com/ 」を許可さ
HURRICANE EA is a compilation based on the volatility unique to XAUUSD (GOLD), which is a trading tool with simple internal operation logic but not ordinary, which uses martingale + hedging + trending as a set of operating modes. Expert was born by collecting and learning a large amount of historical data, combined with the characteristics of the variety and using it countless times to test the market. Please do not believe that there will be any complex algorithm in the market that can accurate
The MoneyMint Trade Assist is a game-changer for traders. This all-in-one control panel puts the power of professional trading at your fingertips, empowering you to take your trading to the next level. With its intuitive design and feature-rich functionality, the MoneyMint Trade Assist simplifies the complexities of order entry and exit and gives you the edge you need to succeed. Whether you're an experienced trader or just starting out, this powerful tool will help you maximize your profits and
Avoid SWAP fees EA MT4   This version only supports orders with a single order transaction count of<10. If the single order transaction count is>10, please subscribe to a higher version This EA is not actively profitable, but only uses trading time to increase trading frequency and achieve the goal of saving swap fees.   Working principle: This EA will generate MQL4 Experts Orderhis before the trading deadline of the day_ The today.csv file is used to record the information that has been opened
Note: After installation, please go to Tools>Options>Expert Advisors and add https://porsaj.com to 'Allow WebRequest for listed URL'. Still Problem?! Please check Internet connection! Sentiment is a vital gauge that provides traders and investors with valuable insights into their perceptions of the market and the broader economy. It serves as a reflection of their collective outlook, emotions, and expectations regarding future price movements and economic conditions. Porsaj is a powerful pl
Note: After installation, please go to Tools>Options>Expert Advisors and add https://porsaj.com to 'Allow WebRequest for listed URL'. Still Problem?! Please check Internet connection! An economic calendar in the context of forex refers to a tool or resource that provides information about upcoming economic events, indicators, and data releases that can potentially impact the financial markets, particularly the foreign exchange market. It helps traders stay informed about key economic announ
Dedicated for FTMO and other Prop Firms Challenges 2020-2024 Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Best results on GOLD and US100  Use any Time Frame Close all deals and Auto-trading  before  US HIGH NEWS, reopen 2 minutes after Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday Recommended time to trade 09:00-21:00 GMT+3 For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 -------------------
We offer: - Every day signals on EURUSD, XAUUSD (Gold), XAGUSD, GBPUSD, CADJPY, USDJPY, USDCHF, AUDUSD, AUDNZD, NZDUSD, USDCAD, ... - We offer evaluated signals and you can see the signals with rank of signal providers based on their history Note: After installation, please go to Tools>Options>Expert Advisors and add https://porsaj.com to 'Allow WebRequest for listed URL'. Still Problem?! Please check Internet connection! More explanation: Forex and crypto signals are tools used by traders
Note: After installation, please go to Tools>Options>Expert Advisors and add   https://porsaj.com   to 'Allow WebRequest for listed URL'. Still Problem?! Please check Internet connection! Unlock the power of cutting-edge technology with Porsaj Artificial Intelligence Bot, your trusted Expert Advisor for MT4. Designed to revolutionize your trading experience, this advanced bot combines sentiment analysis, technical analysis, and harmonic patterns, all driven by the incredible capabilities of ar
Note: After installation, please go to Tools>Options>Expert Advisors and add   https://porsaj.com   to 'Allow WebRequest for listed URL'. Still Problem?! Please check Internet connection! Unveiling the Porsaj Scalper: Your Cutting-Edge MetaTrader 4 Utility for Precision Scalping Are you ready to take your forex trading to the next level? Look no further than the revolutionary Porsaj Scalper – a MetaTrader 4 utility designed to empower scalpers with the tools they need to thrive in the fast-pa
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Description: The forex risk management script is designed to assist traders in effectively managing the risk associated with their trades and maximizing profit potential. This script can be used on a trading platform to automate and simplify the risk management process. Features: Risk Configuration: Allows the user to set the percentage of capital they are willing to risk on a trade. Position Size Calculation: Automatically calculates the position size based on the specified risk percentage and
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Metatrader4 Trailing Stop Loss Program Platform Compatibility: The Program is for METATRADER4 Platform. Functionality: This program will go through all open Forex Currency pairs trades on Metatrader4 and move their corresponding STOP LOSSES to a PROFIT position based on the parameters INPUT settings. Parameters and Example: Example Trade: EURUSD Long (BUY) trade @ 1.0800 STOP LOSS (-50 pips) @ 1.0750 TAKE PROFIT (+50 pips) @ 1.0850 Program Settings: WhenToTrail=20 PIPS; (Pips profit amount to
MetaTrader4 Carry Trade FOREX Swap Rollover Indicator - Enhance Your Carry Trade Strategy Developed by a seasoned MT4 programmer and successful proprietary trader, this tool is designed to optimize your carry trade strategy. Key Features : Analyzes swap rollover values (in Points) for 63 currency pairs. Indicates whether to take a long (buy) or short (sell) position. Provides insights for generating positive rollover gains when holding trades overnight. Ideal for traders focusing on carry trade
Forex Algo GAP Trader with Trailing Stop Overview: This Forex Algorithm is designed for traders who use gap trading strategies. It identifies and executes trades automatically based on candlestick gap patterns, providing customizable options for risk management and a trailing stop feature. Key Features: Customizable Gap Threshold : Configure the minimum gap size in pips to trigger trades based on market conditions. Flexible Trading Direction : Choose whether to buy on gap-up or sell on gap-do
MA Crossover Pro MT4 Program Key Features : Moving Average Crossovers : Leverage the dynamic nature of the market with precise buy and sell signals based on fast and slow moving average crossovers. Risk Management Settings : Take control of your trades with customizable risk management settings. Set Stop Loss and Take Profit levels according to your risk tolerance. User-Friendly MT4 Integration : Seamlessly integrate the program into your MetaTrader 4 platform. Effortlessly execute trades and m
Forex Trading Finance EA Indicator This expert advisor (EA) scans pre-selected currency pairs, CFDs, cryptos, and stock indexes to detect price movements based on user-defined parameters. It helps identify potential trade opportunities when the price rises by a certain percentage (suggesting a sell) or falls by a percentage (suggesting a buy). Key Features: Customizable Percentage Alerts : The EA monitors price changes for user-set percentage thresholds (e.g., a 10% rise or a 5% drop), providi
Automated Forex Trading Program - Stochastic Indicator Strategy with Customizable Settings Key Features: Stochastic Indicator Strategy : Utilizes a sophisticated trading strategy based on the stochastic indicator, which is a momentum oscillator. The algorithm identifies potential reversal points at overbought or oversold levels, providing precise trade signals. Customizable Settings : Adjust key parameters like stochastic periods, overbought and oversold levels, as well as Take Profit and Sto
Forex Stock Indexes Alerts EA - RSI & Price Index Expert Advisor (MT4) Forex Stock Index Price Alert & RSI EA for MT4 Condition: New Delivery: Electronic and free worldwide. Email required for delivery details upon purchase. What Does the Program Do? The program will alert the user when any of the 10 pre-selected stock index symbols (additional indices can be added upon request) meet specific criteria: AUS200 EUSTX50 FRA40 GER30 HK50 JPN225 UK100 NAS100 US30 US500 For example, if you set a pri
Stock Indices Candle Gap Volatility Tool Designed for traders who demand precise and comprehensive analysis of candle gaps across major global stock indices. this tool provides the critical data needed for informed decision-making. Key Features: Candle Gap Analysis: Automatically display the high-low (Hi-Lo) gaps on your chart for any selected timeframe, giving you a clear view of market volatility. Wide Range of Timeframes: Analyze candle gaps (Current Candles) over multiple timeframes, providi
Program Overview: This program is a trading tool designed to monitor and analyze the 7 major currency pairs. It is a variant of a similar program used for tracking stock indices, but this version focuses on the seven major currency pairs. The program helps in identifying and calculating significant price movements (gaps) between the high and low prices of these currency pairs over a specified time frame. It then provides insights through comments and alerts based on the calculated gaps. Major Cu
METATRADER4 This program is designed to monitor and evaluate the market performance of 21 minor currency pairs by tracking key metrics such as maximum spread and the time of occurrence. For each selected currency pair, the program calculates the current spread and compares it against the highest recorded spread. If a new maximum spread is detected, it updates the maximum value and logs the time. The spread information is  dynamically displayed. Additionally, every hour, the program prints out
Forex Candle High/Low Alert Indicator Overview: Forex Candle High/Low Alert Indicator, designed to provide real-time insights and alerts for major currency pairs. This custom-built tool displays key High and Low values over a chosen number of candles and time frame, ensuring you stay informed about critical price movements and trends. (The candles observed are from the 1st candle back - The amount of the chosen number of candles) Key Features: Real-Time High/Low Tracking : The indicator dynamica
This MetaTrader4 tool monitors 21 minor currency pairs over a user-defined timeframe, displaying key PIVOT values along with SUPPORT Zones 1, 2, and 3, and RESISTANCE Zones 1, 2, and 3 for each selected pair. Users can choose to have this information optionally displayed on the chart ; however, logging of the data to the log file is always active and occurs periodically based on the selected timeframe. For example, when set to an hourly timeframe, data will be logged every hour; on a minute-base
Currency Pair Correlation Matrix & Alerts Tool Analyze correlations across major and minor currency pairs in real-time with Alerts for chosen amounts on positive and negative correlations coefficients where the user can specify the Time Frame and the number of candles to analyze within the Time Frame  This adds an added layer flexibility when calculating the coefficients. The time frames that you can select are below  PERIOD_CURRENT 0 Current timeframe PERIOD_M1 1 1 minute PERIOD_M5 5 5 minutes
Metatrader5 Trailing Stop Loss Program Platform Compatibility : This program is designed for the MetaTrader 5 platform. Functionality : The program scans all open Forex currency pair trades on MetaTrader 5 and adjusts their STOP LOSSES to a PROFIT position based on your specified input parameters. Parameters and Example : Example Trade : EURUSD Long (BUY) trade @ 1.0800 STOP LOSS (-50 pips) @ 1.0750 TAKE PROFIT (+50 pips) @ 1.0850 Program Settings : WhenToTrail = 20 PIPS (Pips profit amount to
METATRADER5 This program is designed to monitor and evaluate the market performance of 21 minor currency pairs by tracking key metrics such as maximum spread and the time of occurrence. For each selected currency pair, the program calculates the current spread and compares it against the highest recorded spread. If a new maximum spread is detected, it updates the maximum value and logs the time. The spread information is  dynamically displayed, providing insights into market conditions. Additi
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