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THeMindTheLinesAlert

This EA keeps an eye on drawn lines and alerts according specification.

It is a semi-automatic robot, which does NOT draw or change any lines.

A user can draw them manually or use tools like Trendline-Architect or Channel-Architect, which draw lines automatically.

Objects of type OBJ_TREND, OBJ_CHANNEL, OBJ_TRENDBYANGLE, OBJ_REGRESSION, OBJ_STDDEVCHANNEL and OBJ_FIBOCHANNEL will be detected - others will be ignored. The lines or channels have to have valid coordinates and rayed to the right, otherwise the value will be zero. Although channel objects are usually composed of two or more lines, this EA recognizes only the mainline (the one with two basepoints).

There are two line types:

  • SUPPORT: most of the prices are above this line
  • RESISTANCE: most of the prices are below this line

The line type and the trade direction of a recognized line can be determined automatically or can be set manually.

Around recognized lines, there will be a zone called ActionArea. The nearest ActionAreas to the current price for long and short trades are shown on the chart. If the current price is in this zone, an alarm will be triggered and the triggered trade direction will be deselected for this line.


Parameters

  • Do Automatic LineType-Detection is true to automatically detect the line type (SUPPORT or RESISTANCE)

    • If false, the line type is set to NONE by default. Changes apply only to new lines or the first time the EA is activated on a chart.

    A user can change the line type for each line by clicking the button.

    The button displays the current line type and is green when in automatic mode.

  • ATR-period defines the period of the ATR calculation. The area and distance around the lines where some action happens is measured in ATR. The ATR timeframe is the same as in the chart.
  • min. ATR-distance for LineType-Detection is the minimal distance to a line to auto-detect the line type (SUPPORT or RESISTANCE).
  • max./min. ATR-distance for ActionArea
    • If the mean value of both values is positive, the action happens before the line is broken.
    • If the mean value of both values is negative, the action happens after the line is broken.
  • color ActionArea long/short defines the color in the chart.


Easter egg: there is a simple intelligence included, which recognizes relevant highs and lows, and the EA will open trades after learning the relevance and if there is no drawn line to keep an eye on.

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Stanislav Tomilov
5 (4)
Experts
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Arseny Potyekhin
5 (8)
Experts
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Mihails Babuskins
4.67 (3)
Experts
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Lo Thi Mai Loan
5 (4)
Experts
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Profalgo Limited
5 (3)
Experts
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Vasiliy Strukov
5 (3)
Experts
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Manpreet Singh
4 (4)
Experts
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Svetlana Pawlowna Grosshans
2.8 (15)
Experts
CyNera: Seu Trading, Nossa Tecnologia Sinais >400%:  CyNera Sinais >500%: CyNera Turbo Manual e arquivos de configuração: entre em contato comigo após a compra para receber o manual e os arquivos de configuração Preço: O preço aumenta de acordo com o número de licenças vendidas Cópias disponíveis: 4 Negociar ouro, um dos instrumentos mais voláteis do mercado, exige precisão, análise aprofundada e gestão de risco eficiente. O CyNera Expert Advisor integra perfeitamente esses elementos em um sis
Bitcoin Scalping MT4
Lo Thi Mai Loan
4 (4)
Experts
Apresentando Bitcoin Scalping MT4/MT5 – O EA inteligente para negociação de criptomoedas PROMOÇÃO DE LANÇAMENTO: Restam apenas 3 cópias pelo preço atual! Preço final: $3333,33 BÔNUS - COMPRE BITCOIN SCALPING DE POR VIDA E RECEBA GRÁTIS EA EURUSD Algo Trading (2 contas) => Pergunte em privado para mais detalhes!!! SINAL AO VIVO DO EA Versão MT5 Por que o Bitcoin é importante hoje? O Bitcoin se tornou mais do que apenas uma moeda digital – é uma revolução financeira. Como o pioneiro das criptom
Secret Impulse MT4
Eugen Funk
3.5 (18)
Experts
O EA abre uma posição quando o mercado começa a se movimentar durante a sessão de Nova York (maior volume). Dessa forma, o impulso é sustentado pelo volume, e podemos atingir o Take Profit com alta probabilidade de forma instantânea. Sinal (292%, 10% DD):   https ://www .mql5 .com /en /signals /2274145 Entrada com base no impulso durante a sessão de Nova York O EA detecta o impulso oculto através de FVGs em timeframes menores. Quando o impulso é detectado pouco antes ou durante a sessão de Nova
BTC bot mt4
Ramil Minniakhmetov
5 (13)
Experts
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Indicadores
This indicator calculates and draws lines over the chart. There are two types of trends: Trend A: the line is drawn using local lows for uptrends and local highs for downtrends Trend B: the line is drawn using local highs for uptrends and local lows for downtrends There are a few conditions, which have to be fulfilled and can be changed by the parameters (see also picture 4): MinBarAge : the count of bars to the last base point of a line is called BarAge and has to be greater than the parameter
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This utility calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local Lows for uptrends and local Highs for downtrends. Channel B: the mainline is drawn using local Highs for uptrends and local Lows for downtrends. The parallel line of both types is built, using the maximum fractal between the base points of the mainline. There are few conditions which have to be fulfilled and can be changed in the parameters (see also picture 4): T
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1 (1)
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5 (1)
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Experts
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Utilitários
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Channel Architect Indicator MT5
Torsten Hempel
Indicadores
This indicator calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local lows for uptrends and local highs for downtrends Channel B: the mainline is drawn using local highs for uptrends and local lows for downtrends The parallel lines of both types are built using the max. fractal between the base points of the mainline. There are a few conditions, which have to be fullfilled and can be changed by the parameters (see also picture 4):
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Lev Vladimirovic Marushkin
1696
Lev Vladimirovic Marushkin 2018.12.21 17:04 
 

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Alexey Suvorov
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Alexey Suvorov 2018.07.24 23:44 
 

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