Trend Line Expert Advisor Mt4

Allows action on touch pullback or breakout of trendline.

Trend line expert advisor mt4. Trendline plug in for expert advisor builder. Using a trendline in an expert advisor. Il s agit du trading automatisé sur la plateforme de trading metatrader 4.

Free expert advisors and indicators for metatrader 4 the metatrader market is a simple and convenient site where developers can sell their trading applications. It basically allows you to set pending orders using trend lines something that metatrader does not allow you to do by default. Perfect trend line indicator is a moving average based trend following forex trading indicator.

When a trendline is breached trendlinealert generates an alert. Trend line mt4 expert advisor monitors custom trend lines on multiple charts. Monitor any trendline from any expert advisor the fx trendline plug in allows any expert advisor to detect if one or more manual or automatically drawn trend lines have been broken.

In the last module we implemented a trailing stop strategy. First we need a short math lesson. If you d like to review that module click here.

This expert advisor is a pure scalping system. In this module our expert advisor is going to read a user drawn trendline from a chart and determine if the price has broken the trendline. The trendlinealert expert advisor watches your trendlines.

It doesn t matter who draws the trendlines as long as they have proper names. Easy to set up. Trendlinealert is an expert advisor developed for the metatrader 4 trading platform.