Trading utilities for MetaTrader 5

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MetaTrader 5

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Trendline Trade Manager

trendline-trade-manager-logo-200x200-3639
149 $112 $

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Information

Utilities
MetaTrader 4
Indra Lukmana
2.16
5

Overview

P‌urpose: F‌or those who trade with trend line manually, this expert is suitable for you to manage your trade in easy way.

U‌sage:Draw a trend line or horizontal line, and rename it according to input parameter in example "sell" >> for more details please watch the video below.

A‌ction:ea will identify the trend line, and trade based on the selected mode (Touch/Break), ea will also set the TP/SL/Lot automatically according to input parameter, and will do trailing stops if activated.


P‌arameter use

1‌. Option True/False

  • Box Positioning: True to set the dashboard box on the right side, False on the left side
  • Trailing stop: True to turn on
  • Trade mode: True to trade on touch, False to trade on Breakout after one candle.
  • Alert mode: True to turn on, False to turn off
  • Shutdown the line after hit: True to turn on, False to turn off

2. Signal Identifier settings

  • B‌uy line name: enter the buy name and name your trend line/horiz line according to it's parameter (i.e: buy) >> Upper case/Lower case are case sensitive
  • Sell Line name: enter the sell name and name your trend line/horiz line according to it's parameter (i.e: sell) >> Upper case/Lower case are case sensitive.

3. Money Management settings

  • T‌ake profit in pip
  • Stop loss in pip
  • Maximum trade to enter
  • Position size (Lot)
  • Trailing in pip
  • BEP in pip

‌‌4. Common settings

  • M‌agic number
  • Slippage
  • Dashboard font size

5. Color settings

  • B‌ox color: the dashboard color
  • Line color for buy: ea will change the line color named (i.e: buy) to this color
  • Line color for sell: ea will change the line color named (i.e: sell) to this color
  • Line color for hit buy: ea will re-color the line after hit (Mode shutdown only)
  • Line color for hit sell: ea wil re-color the line after hit sell (Mode shutdown only)

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