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TrendLines And Volumes

This Expert Advisor trades based on trend lines, as well as on the basis of volume analysis. Volumes are calculated using minute bars, in order to determine if they were ascending or descending. The trend lines are drawn based on High and Lows in the trade history. There are also additional indicators. Buy or sell signals depend on all those factors. This allows the EA to enter the market with more accuracy and to perform more deals.


Input parameters

  • Lots - lot size (if 0, a lot is calculated based on the percentage of account free margin);
  • Percentage of free money - percentage of free margin to open each new trade (applicable when Lots=0);
  • MaxSpread - the maximum allowable spread to open trades (for floating-spread symbols, to avoid opening with a large spread);
  • Magic - unique identifier (use different magic numbers if multiple Expert Advisors run in your terminal);
  • StopLoss - the Stop Loss order value;
  • TakeProfit - order closing price at a certain profit target;
  • Stop to breakeven after - move stop loss to breakeven after a specified number of points;
  • EnableAutoClose - automatic closure of orders in case of a reverse signal;
  • HistorySearch - the number of bars in history to search for the trend lines and channels (recommended range - from 30 to 200);
  • MinFractalsDistance - the minimum distance between the nearest fractals for plotting lines (recommended vales are from 1 to 20);
  • MaxCountLines - the maximum number of trend lines (recommended range - even numbers from 2 to 30);
  • Number of lines relating to prices - minimum number of lines, that touch the price bar for opening a deal (recommended values are from 1 to 7);
  • FastMethod - enable/disable fast but less accurate method of plotting lines and channels;
  • StrengthSignals - strength of signals from volumes analysis and Stochastic indicator;
  • StochLowLevel - Stochastic lower level on the current timeframe (upper level is calculated automatically);
  • PeriodK - calculation period for the K line of Stochastic indicator on the current timeframe;
  • PeriodD - calculation period for the D line of Stochastic indicator on the current timeframe;
  • Slowing - Stochastic slowing on the current timeframe;
  • MinVolumeDifference - the minimum distance between the Buy volume and Sell volume;
  • MinSummVolumes - the minimum amount of all volumes calculated for the selected period;
  • MaxSummVolumes - maximum allowable amount of all volumes calculated for the selected period;
  • IncreasePeriod - period increase (how many times to increase period for calculating volumes based on the current period);
  • DeterminationMethod - method for determining trend when calculating volume;
  • RiseOrFallParameter1 - the first parameter for determining the trend (only integers, recommended from 1 to 100), for some methods not required;
  • RiseOrFallParameter2 - the second parameter for determining the trend (recommended from 0.5 to 50), for some methods not required;
  • AdxPeriod - ADX indicator period;
  • MinAdxLevel - ADX indicator minimum level;
  • MaxAdxLevel - ADX indicator maximum level;
  • Trading start hour - trading start hour;
  • Trading end hour - trading end hour;
  • ShowLinesAndInfo - enable the display of lines and information.


Features and Recommendations

  • Counselor can trade any currency pairs and timeframes;
  • Uses multiple different strategies (if one generates a losing signal, the other can help avoid a bad deal);
  • Trades fully automatically;
  • Does not require a large initial deposit;
  • Does not use risky trading methods;
  • Always sets Stop Loss to protect deposit (with standard settings), which can be moved to breakeven;
  • Both a fixed lot and a free margin percentage are used;
  • Ability to set time limitations for the EA operation (not to trade during low volatility).

Any Expert Advisor requires optimization before live trading, and then from time to time. Do not forget to do this.

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Abhimanyu Hans
4.56 (9)
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Arseny Potyekhin
4.88 (8)
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Bogdan Ion Puscasu
4.88 (145)
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5 (21)
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Marzena Maria Szmit
4.79 (19)
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Aleksandr Kazmirchuk
5 (2)
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Thi Thu Ha Hoang
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Denis Kurnev
5 (1)
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Mansour Babasafary
2.25 (4)
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Dilwyn Tng
4.97 (666)
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AW Trading Software Limited
4.36 (73)
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Profalgo Limited
4.55 (29)
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Yvan Musatov
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5 (2)
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Evgenii Aksenov
4.7 (43)
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Valeriia Mishchenko
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Forex trading bot ai is an artificial intelligence-based robot with self-learning capabilities. This robot initiates its first trades based on the input parameters specified in the settings. Each trade executed by the robot is recorded in a file (memorized). The robot then analyzes all the closed trades and the conditions under which they were closed. If the overall profit of the closed trades is negative, the robot examines the parameters with which they were opened and adjusts them to improve
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LEE SAMSON
4.71 (7)
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4.71 (28)
Scalper Dragon is a scalping robot developed for GBPUSD, USDCHF, EURAUD pairs. The current version adds a few features that increase system consistency. Trade with the scaling strategy on the M5 timeframe. Orders always come with stoploss, fixed takeprofit.  SETFILE Download  Scalper dragon version 3.8 is the latest version upgraded and added features such as: option to close orders early to avoid stoploss, add magic number to manage orders, add comments and add RSI oversold, overbought conditi
Z4scalp
Cence Jk Oizeijoozzisa
2.3 (10)
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Yu Mei Cheng
4.64 (14)
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2.9 (20)
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XG Gold Robot MT4
Marzena Maria Szmit
4.48 (25)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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Double Tops And Bottoms MT5
Alexander Nikolaev
4.83 (6)
This indicator finds and displays the Double Bottom and Double Top technical analysis patterns. Signals (displays a message on the screen) if the shape was formed recently. Often after the appearance of these patterns, the trend reverses or a correction occurs. In order not to search for them yourself, or not to miss their appearance, it is enough to add an indicator to the chart. The indicator can be used on different timeframes and currency pairs, there are settings for a better search on a c
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Alexander Nikolaev
4.8 (5)
This indicator forms a channel based on the readings of the ADX (Average Directional Movement Index) indicator, displays and informs the trader of a price reversal at the boundaries of this channel, and can also report when the price touches the channel boundaries. It also draws additional dotted lines, which depend on the readings of the + DI and -DI of the ADX indicator. It also has an option for filtering signals depending on the readings of the stochastic. The channel drawn by this indicato
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Doji Finder Indicator MT5
Alexander Nikolaev
4 (1)
The indicator analyzes the chart and identifies Doji candlesticks. Shows their appearance and signals the appearance of such a candle (if allowed in the parameters). Also, this indicator shows the strength of the reversal in the form of bars of different colors (the more green, the more likely the rise, the more red - the fall in price). The direction of the signal depends on the direction of the previous candles, as the Doji signals a reversal or correction. In the indicator settings, you can
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Alexander Nikolaev
5 (1)
A trader cannot always discover what the last closed bar is by volume. This EA, analyzing all volumes inside this bar, can more accurately predict the behavior of large players in the market. In the settings, you can make different ways to determine the volume for growth, or for falling. This adviser can not only trade, but also visually display what volumes were inside the bar (for buying or selling). In addition, it has enough settings so that you can optimize the parameters for almost any ac
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Alexander Nikolaev
4.67 (3)
This Expert Advisor trades based on the Bollinger Bands indicator. It performs trades after a price rebound from the borderlines of the indicator. It is simple to use, contains only a few settings, which are easy to understand. This is the simplified version of the Master Bollinger Bands Expert Advisor. For better trading results, it is recommended to use the full version of the EA: https://www.mql5.com/en/market/product/21788 The free version does not provide the ability to use multiple indicat
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Easy Parabolic Sar
Alexander Nikolaev
4.4 (5)
The Expert Advisor places orders based on the points of the Parabolic Sar indicator. If your trading strategy utilizes this indicator, the EA will save you from the necessity to move your pending orders after every candlestick (e.g. 5 minutes or 1 hour) and will do it automatically. You can set the EA to open only BuyStop or only SellStop or both. Buy default both Buy and Sell are enabled. The EA does not use any indicators other than Parapolic Sar. Therefore you are to decide the time to run th
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Free indicator to quickly detect trendline breakouts and high or low of a price range. It displays lines based on the highs and lows of prices, and also finds and displays inclined trend lines. As soon as the price goes beyond the line and the candlestick closes, the indicator signals this with an arrow (you can also enable an alert). This indicator is easy to use and also free. The number of candles for defining trend lines as well as the high and low of the trading range is configurable. It w
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Simple Trade MT5
Alexander Nikolaev
This EA is easy to use, it does not have too complicated settings and algorithms for performing trading operations. It’s not optimized for long, it may appeal to those who recently decided to engage in trading on the exchange with the help of advisers, or who do not want to understand the settings for a long time. The basis of his work is several indicators (moving average, RSI, stochastic, ATR). Despite its simplicity, it has a custom trailing stop function, which can reduce the risks for a dep
Easy Channels
Alexander Nikolaev
4 (1)
The indicator draws price channels. It can be customized so that only buy or sell channels are displayed. Also, trend lines can be displayed instead of channels. This indicator is easy to use, but nevertheless, there are many trading strategies based on channel trading. Advisor based on this indicator:  https://www.mql5.com/en/market/product/37952 Parameters History - maximum number of bars to build channels; Distance - minimum distance from one High (or Low) to another when constructing a chann
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Trend Corrections Expert MT5
Alexander Nikolaev
5 (1)
This Expert Advisor finds the direction of the trend of the currency pair on a given number of bars, after that, it determines the moment of the correction. If the trend is strong enough, and the correction becomes equal to the one specified in the parameters, then the EA trades in the direction of the trend (but only if additional indicator readings confirm the opening of a trade). Since this EA works on corrections, it will not buy at the high or sell at the low of the trend. It has many sett
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Alexander Nikolaev
4.67 (3)
ADX Channel is an indicator that plots the channel depending on the values of the ADX (Average Directional Movement Index) indicator. The resulting channel is a little similar to the Envelopes, but its lines depend on the market volatility. The sell trade is usually executed fast when the price touches and bounces from the upper line of the channel, buy - from the lower. It is recommended to trade when there is no significant news. The recommended timeframes: M5 - H1. The indicator is not design
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A breakout of a trend line, as well as a high or low, usually signals a change (or continuation) of the trend. This indicator displays lines at the highs and lows of the price, as well as finds and displays inclined trend lines. As soon as the price goes beyond the line and the candlestick closes, the indicator signals this with an arrow (you can also enable alerts). This indicator is easy to use, however, there are many trading strategies that are based on trendline breakouts. The number of ca
This EA finds technical analysis patterns that often appear before a trend reversal: Double Bottom, Triple Bottom, Head and Shoulders and their opposite counterparts. The Expert Advisor is able to identify them on the chart of a currency pair and trade when the pattern has been formed and it has been broken through. Also, in order to trade excluding unnecessary signals (for example, with weak volatility), you can adjust and optimize the readings of some indicators (Stochastic, ADX) and the filte
Trend and correction indicator
Alexander Nikolaev
4.17 (6)
The indicator finds strong trend movements of a currency pair over the specified number of bars. It also finds correction to this trend. When the trend is strong enough, and the correction becomes equal to the values specified in the parameters, the indicator generates a signal. You can set different correction values, while the best suiting are 38, 50 and 62 (Fibonacci levels). In addition, you can configure the minimum length of trend, the number of history bars for search and other parameters
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Volume levels are an important indicator for stock trading. In the past, most of the trades were made at these levels, or these trades were made by large traders. In the future, the price often bounces off such levels, and this can be successfully applied in trading. This Expert Advisor is able to determine volume levels based on trade in history. It is based on an indicator that displays levels: https://www.mql5.com/en/market/product/65562 , but besides displaying, it can trade from levels. In
Easy Candles
Alexander Nikolaev
3 (1)
This is a simple and free Expert Advisor that trades candlesticks. It compares several nearest bars and their volumes, and opens a trade based on that data. Unlike the professional version , it analyzes only 1 timeframe. The recommended timeframes for this EA are H1, H4, D1, it works with any currency pairs. The parameters always need to be optimized before trading, as well as after some period of trading. Input Parameters Lots - lot size (if Lots=0, then the lot will be calculated based on th
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Break Lines
Alexander Nikolaev
4.67 (3)
The indicator draws lines the the price highs and lows. Break through the high or low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). A deal should be conducted in the breakthrough direction immediately or after a slight rollback. It is best to trade following the trend on a larger timeframe. This indicator is easy to use, but nevertheless, there are many tra
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Bollinger with WPR demo
Alexander Nikolaev
4.33 (3)
This Expert Advisor is the free version of "Bollinger with WPR scalper", which is based on the Bollinger bands and Williams' Percent Range indicators. Limitations of the free version: lot is fixed to 0.01, only the EURUSD currency pair is supported, trading time cannot be selected, trailing stop is not available. Nevertheless, it can make quite a lot of deals, so you do not have to wait for positions to be opened (with the appropriate settings and timeframes below H1). The EA can be used on time
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Volume Levels MT5 Free
Alexander Nikolaev
This indicator is able to determine the price levels at which there was the most volume for the specified period of history. In the future, the price often bounces off such levels, and this can be successfully applied in trading. They are displayed as lines, some parameters for determining the levels can be adjusted. This indicator is simple, therefore, it does not report signals, and only builds levels on EUR/USD. Parameters HistoryBars - the number of bars to determine the near volume levels;
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Trailing stop for advisors
Alexander Nikolaev
4.5 (2)
The utility manages other EAs' orders as well as the ones opened manually. It is capable of trailing the price (trailing stop function), set a stop loss and take profit if they have not been set before. When configuring the utility for an EA having no trailing stop function, place it to the new window with the same currency pair specifying the same Magic value (as for the EA orders the stop loss is to be applied to). You can set any timeframe. It does not affect the utility operation. Set Magic
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Moving averages are very often used for analyzing currency pairs and trading. This Expert Advisor can analyze many moving averages at once and trade based on this. When the required number of moving averages signal a purchase, the adviser makes a purchase, if the indicators signal a sale, the advisor sells. Also, there is filtering spurious signals at low volatility based on the ADX indicator. In the settings of the adviser, you can set the required number of sliding ones, their period (the init
Colored Candles Demo
Alexander Nikolaev
5 (1)
The demo version of the Colored Candles indicator - calculates the parameters of each candle, as well as its volume. After that, it paints the candles depending on their strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indicator helps to analyze the price movement, as well as market entry points. The more accurate signals are formed on the higher
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EMA 8 and 18 Trading System
Alexander Nikolaev
2 (1)
This EA implements the EMA 8/18 strategy, which is used by many traders. Brief description of the strategy: The Buy is determined when the EMA 8 indicator crosses the EMA 18 from below, with the price moving more than 50 points from the crossing. The buy position is opened when the price touches the EMA for the first time, after that, as the price rises, the trade is maintained by a trailing stop with a step of 30-35 points. The opposite is for opening a sell position. The parameters of the fast
This EA trades with the trend using several methods to identify and enter a trade. For example, it uses trendlines, Gator and Stochastic indicators to analyze the market. In addition to trading, it can also display trend lines that it trades based on. It has filters for ADX and MA indicators, as well as a sufficient number of settings to be able to optimize on various currency pairs and timeframes. The EA sets stop loss and take profit for each trade, does not have risky trading methods. It i
Three Fractals demo
Alexander Nikolaev
This Expert Advisor identifies trend reversals based on fractals and some other indicators. It is a free lite version of Three fractals Brief description of the trading strategy: when the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). Similarly, opposite for growth. In case other indicato
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Volume Levels USDJPY
Alexander Nikolaev
3.5 (2)
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. This is a demo version that works only on the USD/JPY currency pair. To work on all currency pairs, install the full version: https://www.mql5.com/en/market/product/15888 Param
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Volume Candles
Alexander Nikolaev
Volumes are one of the most important factors of trading, as it is the high volumes that move the market in either direction. But there are very few standard indicators for volumes in MetaTrader 4. The Volume Candles analyses the volumes of the trades and displays candles depending on these volumes. The candle appears once the required number of volumes has passed during trading (the VolumeCandle parameter). If the candles close frequently and are thin, then the volumes on the market are current
Volume Levels
Alexander Nikolaev
5 (3)
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. It works on any currency pair. Parameters HistoryBars - the number of bars to determine the near volume levels; Range - the maximum distance above and below the current price t
ProCandles
Alexander Nikolaev
Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
Colored candles
Alexander Nikolaev
Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indi
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버전 1.1 2021.12.11
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