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Silver Volatility Trend Line

The Silver Volatility Trend Line for MT4 is an EA that helps you trade using the trendlines, drawn on your chart.

It basically allows you to send and manage orders using trend lines.

It automatically calculates the True Range of your asset to allow you to send orders well calibrated with the market volatility.

Take Profit and Stop Loss are calculated in number of True Range.

You can do that for two different orders at the same time, so that you can trade two different kind of risk / profit ratio trades.

You can,use virtual stop loss and let the EA, not your broker manage it.

The robot allows action on Touch, Pullback or Breakout of trendline

The use and configuration of the Expert Advisor is as follows:

  • Load the EA
  • Configurate your strategy in the EA
  • Draw your trendline on the chart, name it as configurated in the EA
  • Click BUY or SELL.
  • Watch the EA sending your 2 orders
  • Let the EA manage your orders and trades

 

Input Parameters

  • Magic Number 1 : The magic number for the first order.
  • Magic Number 2 : The magic number for the second order.
  • Lot Order 1 : The lot size of order 1.
  • Lot Order 2 : The lot size of order 2.
  • Decimal Precision Display : the number of decimal to use for the calculation
  • Dynamic pending Order : if true the order will automatically be updated with the Trend Line.
  • Variation for Update: the minimum variation for updating the orders.
  • Trend Line Entry: The name of the Trend Line you want to trade with.
  •  ATR Period : the period to use for True Range Calculation
  • ATR Time Frame : The time frame to use for True Range calculation ( 0 = current time frame)
  • Take Profit 1 in ATR : the number of True Range for Take profit of Order 1.
  • Take Profit 2 in ATR : the number of True Range for Take profit of Order 2.
  • Stop Loss in ATR : the number of True Range for the Stop Loss.
  • Stop Loss Virtual : if true, the Stop Loss will not be sent to the market but managed buy the EA  
  • Stop Loss Duration Control: for virtual Stop Loss, the stop loss order will be executed only if the price exceeded the stop loss during that duration.
  • Cancellation Duration in S : the duration in seconds after which the trade is cancelled ( 0= no cancellation)
  • Flat Order for 80% Proffit: if True, when the trade exceed 80% of the target profit the stop loss is move at break even
  • Additional Order Comment : Specify comment you want to your order
  • X - Position For Button :  To change X the position of the button
  • Y - Position For Button : To change Y the position of the button

 

Keep in mind

  • This EA is a tool that assists in your trading. It does not work without user intervention.
  • Using a robot carries risk. You should test it on a demo account FIRST to understand how it works.


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What Exactly Is A Smart Trading Tool? Smart Trading Tool was developed for fast and comfortable trading of the financial markets especially for ORDER BLOCKS TRADERS . It provides traders functionalities, such as: A Drawing Tool One-Click Trading Panel Automated Lot Sizes Calculation based on your risk appetite & Money Management ( Watch this video , how this tool can help manage your risk per trade better!) Built in PRICE LEVELS (Fibonacci, Round Numbers, Daily hi-low, etc) Shows Trading Informa
Averaging Helper - This sort of trading helper instrument will help you average out your previously unprofitable positions using two techniques: standard averaging hedging with the subsequent opening of positions according to the trend The utility has the ability to sort out several open positions in different directions at once, both for buy and for sell. For example, you opened 1 position for a sell and the second for a buy, and they are both unprofit, or one is in the unprofit and one is in
This is a multi-pair and multi scanner dashboard to find the key signal of BBMA Oma Ally Strategy BBMA consists of the use of 2 indicators: Moving Averages Bollinger Bands BBMA consists of many types of entries: Reentry Extreme Rejection EMA50 GAP (EMA50 to Upper/Lower BB) MHV Full Setup (CSE>TPW>MHV>Direction>Reentry) There are many multi timeframe signals based on this strategy. RRE (Reentry - Reentry - Extreme) REE (Reentry - Extreme - Extreme) REM (Reentry - Extreme - MHV) RRM (Reentry - R
Her Seviye Tüccar İçin Kapsamlı Trading Platformu Hem yeni başlayan hem de deneyimli trader'ları güçlendirmek için tasarlanmış gelişmiş bir trading platformu sunuyoruz.   Bu çok yönlü platform,   piyasa analizini ve yürütmeyi basitleştiren kapsamlı özelliklere sahiptir ve tek bir sezgisel arayüzde aynı anda 30 adede kadar işlem çiftini takip etmenizi sağlar. Anahtar Özellikler: Evrensel Piyasa Tarayıcı:   Brokerınızın desteklediği tüm işlem çiftlerini tanımlar ve kullanır. Hepsi Bir Arada Göste
This is exactly what the name says. Visual strategy builder . One of a kind. Turn your trading strategies and ideas into Expert Advisors without writing single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution, strategy tester and cloud optimization. There are very few options for those who have no programming skills and can not create their trading solutions in the MQL language. Now, with Bots Build
This is a must have tool for a serious trader. It saves your precious time spent for opening/closing trades, creating pending trades and modifying your TP/SL in bulk according to either pips or price. If you need to quickly open several pending orders (Buy Stop, Sell Stop) at a certain distance from each other, this script will do all the routine for you! The first time you use this handy tool, you will realize it has already paid for itself. Instructions: Drag and drop this script onto a chart.
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Fibonacci retracement is really one of the most reliable technical analysis tools used by traders. The main problem with using these levels in trading is that you need to wait until the end of the impulse movement to calculate the retracement levels, making difficult to take a position for limited retracement (0.236 or 0.382). Fibo Dynamic solves this problem. Once the impulse movement is identified the retracement levels are automatically updated allowing very dynamic trading in trends with onl
FREE
TPP : Turning Point Pattern   The indicator shows the market Turning Point Pattern as arrows. The reversal signals are based on observation of price action and market behavior. It is based on the principles of searching for extremums, volatility, and candlestick pattern. The indicator provides signals on the following principles: Search for the end of the ascending/descending trend Search for the reversal pattern based on candlestick pattern Confirmation of the reversal by the volatility. The in
FREE
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