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smartlines lets you open orders together with tendency lines.

smartlines for MT4 https://www.mql5.com/ru/market/product/25875

Now you’ve got all the opportunity to control the exit of the cost in the
trend corridor automatically and without delay. as soon as the price
spans the trend line you place with the settings you need, the
order is automatically opened. you won’t miss the moment when the trend changes.

The principle of functioning with smartlines is very similar to placing impending orders,
but pending orders have only a horizontal path, that
makes it impossible to place them according to the trend.

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

  • Run the smartlines Expert Advisor, and the program will automatically list the existing trend lines 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 ‚Äď type of trading order;
    • Volume ‚Äď 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. Activation is disabled
    by the same button.
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  • Operation ‚Äď type of trading order;
  • Volume ‚Äď 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 menu Tools – > Settings – > > Expert Advisors, select the Allow automatic trading check box;
    • In the General tab of the Expert Advisor settings, select the Allow Expert Advisor to trade check box.
  • in the menu Tools – > Settings – > > Expert Advisors, select the Allow automatic trading check box;
  • In the General tab of the Expert Advisor settings, select the Allow Expert Advisor to trade check box.

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Published

13 October 2018

Updated

12 March 2019

Current Version

1.3

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