Trendline EA – Automated Trading Robot

Rated 5.00 out of 5 based on 3 customer ratings
(3 customer reviews)

39.00$

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Description

The FXTT Trendline EA (Expert Advisor) for MT4 (Metatrader 4) is a robot that helps you trade using the trendlines drawn on your chart. This robot allows you to set pending orders using inclined lines while Metatrader does not allow you to do this by default.

What is it not?

This is not an automated trading robot that will work without user intervention. This robot will not take any trades unless you specifically instruct it to.

3 reviews for Trendline EA – Automated Trading Robot

  1. Rated 5 out of 5

    Erwin Oscar

    I’ve been looking for this EA from a long time however I couldnt fine the one and even if there was then it had alot of bugs,delay in opening orders and several other issues,I’m gladful to coder of this Trendline EA, I must say He did a Great Job in developing this EA,Its response time and accuracy of opening trade is really good! and moreover price of this EA is very low which makes it accessable to everyone! I believe every trader should have this Amazing EA in their trading ToolBox, and Again Thanks alot for developing this EA!!! Keep up the good work Mate! you saved me a alot of time&hassle!!!

    • Carlos Oliveira

      Thank you Erwin. I’m very happy that my tool can help you in your trading. I wish you lots of success. Best regards.

  2. Rated 5 out of 5

    ciprian orban (verified owner)

    By far one of the smartest trading tools available. Breakout strategies are the most profitable ones and usually, the breakout happens when you are asleep.
    With Carlos EA I can capture those breakouts no matter what time of the day is. Moreover, the developer is extremely dedicated to develop this tool continuously and even to put in some extra help to personalize it.
    Thank you, Carlos
    5 North Pole Stars for you and your work!!!!

    • Carlos Oliveira

      Thank you for your comment Ciprian!
      I work hard to make sure that the EA meets expectations like yours, and I’m very happy to hear that you like it.
      I wish you lots of success. Best regards.

  3. Rated 5 out of 5

    Neves Chrichlow (verified owner)

    Review for Trendline EA – Automated Trading Robot

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Additional information

version

MT4, MT5

How it works

  1. Open your chart.
  2. Draw your trendlines,
  3. On the properties page of the trendline, define the desired action to take.
  4. Go about your day.

Example of a Buy on Breakout command

Trendline EA Features

You only have to change the description of the trendline to the action that you wish to perform and the robot will do the rest.

  • Supported Actions:
    • Open Buy/Sell order
    • Close Buy/Sell/All orders
    • Set Lot size, Stop Loss and Take Profit upon opening of order
  • Perform action upon event:
    • Touch
    • Pullback
    • Breakout
    • False Breakout

Here are some examples of supported actions:

Trendline EA supported commands

Trendline EA supported commands

Trendline EA supported commands

Trendline EA supported commands

Even more features

  • Supports multiple trendlines on the same chart.
Multiple Trendlines

Supports Multiple Trendlines with different actions and SL/TP all on the same chart.

  • Alert when price reaches a trendline (with optional message)
    • Popup alert
    • Email
    • Push notification
    • Sound file
  • Close (instead of opening, use a trendline to close orders on touch of trendline)
    • Buy orders
    • Sell orders
    • Any

And several options available to configure the EA:

Trendline EA Settings version 1.83

Trendline EA Settings

  • Allow one or multiple orders per trendline (open new order after close of the previous)
  • Customize Buy action triggers (when Bid or when Ask touches the trendline)
    Carlos Oliveira Cartoon

    Check out my blog post on How to trade using trendlines for some tips on how you could use this Expert Advisor.

    There are no back-testing results available because this MT4 Expert Advisor is a trading tool that does not work without user intervention.

Purchase includes

  • Lifetime technical support
  • Free software updates
  • Expert Advisor file

Warranty

60 days money back

I know you’ll love this robot as much as I do. In fact, if for any reason you’re not completely satisfied, just contact me and I’ll issue a full refund.

Warning

Using a robot carries risk. Please check the documentation guide before using this robot on a live environment. You should test it on a demo account FIRST to understand how it works. All updates and support issues are free of charge and available to all users. Any suggestions or issues please don’t hesitate to contact me

FAQ

  1. Is it possible for the same trendline to take multiple commands?
    R: Yes, it is possible. The EA supports multiple commands for each trendline. For example, it can be something like this: “CaS BoT SoB
  2. If I take a manual trade, can I afterwards use a trendline to close the trade?
    R: Yes, if you configure your EA to have the Magic Number as 0, you can use it to close manual trades.
  3. What is the purpose of the “Buy Type” option in the EA?
    R: This option refers to the detection of the touch of the trendline in order to trigger a Buy order. Basically you can choose if the touch is considered when the Bid touches the trendline, or when the Ask touches the trendline. Like this:
    Buy on Ask vs Buy on Bid

Changelog

    • Version 1.120 (2018.04.04)
      • Fixed bug where CaO command would close orders on all charts
      • Added Money management & RiskPercent
      • Added ability to change the Minimum line distance
    • Version 1.83 (2017.12.19)
      • Implemented new action: Buy/Sell on False Breakout
      • Performance improvements
      • Bug fixes
    • Version 1.70 (2017.11.02)
      • Added feature to allow multiple actions per line.
      • Added “ReentryType” option that allows multiple entries per line.
      • Added “BuyType” option to choose the detection of BUY actions (on ASK or on BID).
      • Added Alert options for Popup, Email, Push Notification and Sound
      • Fixed bug where horizontal lines would not trigger the defined actions
      • Several minor bug fixes
    • Version 1.20 (2017.08.24)
      • Small bug fixes
    • Version 1.10 (2017.08.14)

3 reviews for Trendline EA – Automated Trading Robot

  1. Rated 5 out of 5

    Erwin Oscar

    I’ve been looking for this EA from a long time however I couldnt fine the one and even if there was then it had alot of bugs,delay in opening orders and several other issues,I’m gladful to coder of this Trendline EA, I must say He did a Great Job in developing this EA,Its response time and accuracy of opening trade is really good! and moreover price of this EA is very low which makes it accessable to everyone! I believe every trader should have this Amazing EA in their trading ToolBox, and Again Thanks alot for developing this EA!!! Keep up the good work Mate! you saved me a alot of time&hassle!!!

    • Carlos Oliveira

      Thank you Erwin. I’m very happy that my tool can help you in your trading. I wish you lots of success. Best regards.

  2. Rated 5 out of 5

    ciprian orban (verified owner)

    By far one of the smartest trading tools available. Breakout strategies are the most profitable ones and usually, the breakout happens when you are asleep.
    With Carlos EA I can capture those breakouts no matter what time of the day is. Moreover, the developer is extremely dedicated to develop this tool continuously and even to put in some extra help to personalize it.
    Thank you, Carlos
    5 North Pole Stars for you and your work!!!!

    • Carlos Oliveira

      Thank you for your comment Ciprian!
      I work hard to make sure that the EA meets expectations like yours, and I’m very happy to hear that you like it.
      I wish you lots of success. Best regards.

  3. Rated 5 out of 5

    Neves Chrichlow (verified owner)

    Review for Trendline EA – Automated Trading Robot

Add a review

Your email address will not be published. Required fields are marked *