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SmartLines allows you to open orders using trend lines.

SmartLines for MT5 https://www.mql5.com/ru/market/product/32441

Now you have the opportunity to control the exit of the price from the
trend corridor automatically and without delay. As soon as the price
crosses the trend line you set with the settings you need, the
order is automatically opened. You will not miss the moment of the trend change.

The principle of working with SmartLines is similar to placing pending orders,
but pending orders have only a horizontal direction, which
makes it impossible to set them according to the trend.

Using trend lines together with SmartLines, you can place pending orders in any direction of the trend.

  • Launch the SmartLines Expert Advisor, and the program will automatically list the trend lines that exist on the chart.
  • Create and set trend lines in the desired direction. (trend lines are a standard MetaTrader 4 tool)
  • In the SmartLines menu, select the desired trend line and set the following parameters for it:
    • Operation – type of trading order;
    • Volume – the volume of the trading order in lots;
    • OCO-a mode that allows you to disable the activation of other trend lines if one of the trend lines is activated earlier;
    • SL, TP-if necessary, set the Stop Loss, Take Profit levels.
  • Click on the Activate button. After clicking, the selected
    trend line in the menu will switch to True mode. This means that now, when
    the price of this line is reached, an order will be opened. Deactivation of the activation is
    performed by the same button.
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  • Operation – type of trading order;
  • Volume – the volume of the trading order in lots;
  • OCO-a mode that allows you to disable the activation of other trend lines if one of the trend lines is activated earlier;
  • SL, TP-if necessary, set the Stop Loss, Take Profit levels.

  • Install the Expert Advisor from the MQL Market.
  • After launching the Expert Advisor, set the following settings in your MetaTrader 4:
    • in the Tools -> Settings ->> Expert Advisors menu, select the Allow automatic trading check box;
    • In the Expert Advisor settings, in the General tab, check the Allow the Expert Advisor to trade box.
  • in the Tools -> Settings ->> Expert Advisors menu, select the Allow automatic trading check box;
  • In the Expert Advisor settings, in the General tab, check the Allow the Expert Advisor to trade box.

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Published

30 October 2017

Updated

11 January 2019

Current Version

2.3

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user2013 February 26, 2021 8:14 am
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There is no need to constantly check out the same graph. This will give you the ability to business numerous market segments all at once. Very good resource.