Trendline EA MT5 - Free Download and Live result

the FXTT Trendline Expert Advisor for MT5 is a robot that helps you trade with trend lines drawn on your graph.

In essence, it allows you to set pending orders with trend lines. one thing that isn’t available in MetaTrader by default.

Easy setup
Select valuesLot size, stop loss andThe take-profit by default
permits you to perform tasks whenTouch, Pullback, Breakout or False Breakout of the trend line

using and configuring the Expert Advisor is as follows:

Enabled – enable the Expert Advisor
Magic Number – the magic number for all open orders.
Maximum Slippage (in points) – the maximum allowed slippage (in pips) for open orders.
Default Stop Loss (in points) – the default stop loss value in points, which is used if the trend line does not have this value specified.
Default Take Profit (in points) – the default take profit value in points, which is used if the trend line does not have this value specified.
Default Lot Size – the default lot size, which is used if the trend line does not have this value specified.
Type of breakout – for breakout events, a method for determining breakouts:

On close of candle-the order will be opened only after the closing of the candle that broke the trend line.
On distance in pips-the order will be opened as soon as the price breaks the trend lines by the number of pips specified in”Breakout distance in pips”.

Breakout distance in pips – the breakout distance in pips, used only when the “On distance in pips” option is enabled. This parameter allows you to specify the distance from the trend line in pips, which the EA will consider a breakout.
Buy Type-Triggers a custom buy action (when the Bid or Ask price touches the trend line)
Reentry Type-Allow one order per trend line (open a new order after closing the previous one) or several.
Minimum shift for false breakouts – the number of pips that the price must pass after the trend line to trigger the action for false breakouts.
Popup Alerts-Show a popup alert every time the price reaches the trend line
Email Alerts-Send an email notification every time the price reaches the trend line.
Send push notifications-Send a push notification every time the price reaches the trend line.
Sound Alerts-Play a sound alert every time the price reaches the trend line.
Sound file name – wav file to play as an audio signal

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On close of candle-the order will be opened only after the closing of the candle that broke the trend line.
On distance in pips-the order will be opened as soon as the price breaks the trend lines by the number of pips specified in”Breakout distance in pips”.

This Expert Advisor is a tool that helps in your trading. It doesn’t work without user intervention.
The use of the robot carries the risk. First of all, you need to test it on a demo account to understand how it works.

Buy / bot | buyontouch-buy on tap
Sell | SoT | SellOnTouch – selling when you touch
BoB | BuyOnBreakout – buy at the break
SoB | SellOnBreakout – selling in the breakdown
BoPB | BuyOnPullback – buy during the pullback
SopB | sellonpullback-sell on rollback
bofb |buyonfalsebreakout-buy at a false breakout
sofb |sellonfalsebreakout-sell at a false breakout
cab-close all buy orders on tap
cas-close all sell orders on tap
cao-close all orders on tap
CP-close part of the order volume when touching
Alert | AoT | alertontouch-Send an alert every time the price reaches the trend line
AoB | alertonbreakout-Send an alert every time the price breaks the trend line up or down
AoP | alertonpullback-Send an alert every time the price bounces and touches the trend line
aofb / alertonfalsebreakout-Send an alert every time the price makes a false breakout and returns to the trend line

Available here

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