Trendline EA

 

Stop waiting in front of the computer for price to slowly reach your desired levels.

You will be amazed with the accuracy and free time that this tool gives you. You’ll have to try it for yourself.

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(30 EUR / 35 USD)


What is this tool?

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 trendlines, something Metatrader does not allow you to do 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.

For that same reason there are no back-testing results available. This robot is a tool that helps you trade without needing to be constantly in front of the computer, improving whatever strategy you use.

Features

  • Open Buy/Sell order when price reaches the trendline
  • Close Buy/Sell/All orders
  • Set Lot sizeStop Loss and Take Profit upon opening of order
  • Multiple events available to detect the movement of price (Touch/Pullback/Breakout/False Breakou )
  • 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)
  • Display Alert messages, send Email or Push Notifications when price reaches the trendline

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

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(30 EUR / 35 USD)

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 sizeStop Loss and Take Profit upon opening of order
  • Perform action upon event:
    • Touch
    • Pullback
    • Breakout
    • False Breakout

Even more features

  • Supports multiple trendlines on the same chart.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, can be used as TP  or SL)
    • 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

Order Now

(30 EUR / 35 USD)


Changelog

  • 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)

 Carlos Oliveira cartoon

Since I am also a user of this tool, I’ll be glad to hear your suggestions. Let me know if you have any ideas or improvements.


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