Forex trend lines software

By: Palma On: 05.06.2017

Trendline Trader is an Expert Advisor application designed to initiate trades on the Metatrader 4 platform, only when a price breaks through a trend line drawn by a human trader or any 3rd party robot.

Once the trendlines are identified by Trendline Trader, the application will monitor the market price to detect a breakthrough.

If you trade currencies in the Forex market using trendlines, then this is a must have application. Imagine the free time you will get while Trendline Trader works 24 hours a day non-stop. The beauty of it is that this EA allows you to decide how your trendlines should be drawn, what time frame and currency pair you use and what trade settings you operate with.

You have complete control over your trend line trading and this application will be your sidekick to do the work for you while you enjoy your life. This EA is designed for the Metatrader 4 platform and can be used with any Forex broker, any MT4 account and any currency pair.

Learn trend trading strategies from Mike Ser. Just draw a trend line on the chart, set up EA with your desired settings and enjoy your day. This EA can handle an unlimited number of MT4 charts with two trend lines on each; one trend line to initiate buy trades and the other for sell trades. You have the freedom to set the stop and profit levels by using additional horizontal lines or set them to a fixed size in pips.

Trendline Trader EA has a revolutionary Smart Breakout technology built in to help you avoid false breakouts by automatically adjusting the trendlines. Trendline Trader is the perfect solution to avoid spending your life in front of your computer screen and allows you to have your orders executed automatically when a price breaks through your trend line.

What you need to do is just drop a trend line on your MT4 chart and the EA will take care of the rest.

Trend Lines Trading - ProfitF - Website for Forex, Binary options Traders (Helpful Reviews)

Forget about false breakouts as this EA will monitor the market and will redraw your trend lines if a false breakout is detected. You can rest assured that no trade will be opened upon a false trendline breakthrough.

forex trend lines software

If you are a trend trader and you already use trend lines you have probably realised that this is a must have application. If you are just starting to trade Forex, the Trendline Trader will help bring your experience and knowledge to the next level. Trendline trader is designed to be used mostly with breakout strategies where you would manually draw trend line on the price chart.

In the above screen shot you can see a trendline that a trader created on the chart. Price broke the trendline and Trendline Trader opens a sell trade. EA opened 2 trades. All this can be configured to fit your needs. Trendline was adjusted by Smart Breakout technology functions to avoid false breakouts. Price goes down to reach the first Take Profit level and Trailing Stop activates.

We already profited from this trade and have one trade running with Trailing Stop to get the maximum profit available. See how price touched trendline and on the next candle it broke the trendline.

That was a false breakout, but EA still opens a trade because candle opened on the other side of the trendline. It is clearly seen that trendline could be adjusted to get better entry and that is exactly what Smart Breakout technology would do. There are no back-testing results available because all of my MT4 Expert Advisors are trading tools that do not work without user intervention and most of them cannot even be used in Strategy Tester because they only do what a human trader tells them to do.

ProRealTrend - Automatic trendlines & detection

All software on my website are build as tools to help you in Forex trading. Before you make a purchase please read my Purchase Policy. It means you may install the software onto your desktop and notebook computers, but use it only on one computer at the same time. EA is not permanently locked to a computer or MT4 account. Single computer; unlimited MT4 real accounts; unlimited MT4 demo accounts; Trial version can be purchased only one time. Up to 5 personal computers; unlimited MT4 real accounts; unlimited MT4 demo accounts;.

The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.

The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.

Trend lines | Search Results | Forex Winners | Free Download

You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. All purchasers of products referenced at this site are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website.

The past performance of any trading system or methodology is not necessarily indicative of future results.

Information contained in this product are not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain.

That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances.

It is intended for educational purposes only and NOT as individual investment advice. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT.

What is Trendline Trader? Trendline Trader features EA is designed for Metatrader 4 platform Can handle two lines: If you draw the line s correctly this should happen in a few seconds. Now lets see how this would have gone without Smart Breakout technology enabled.

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