Sunday, December 27, 2020

How do you want to set profit and stop levels?

How do you want to set profit and stop levels?

Learn More About the Trendline Trader EA
Hi Edward Lance lorilla

The Trendline Trader EA allows you to choose how do you want to set profit and stop levels. You can select fixed stop-loss and take-profit levels, or you can draw a line on the chart for SL and TP.
EA Settings
How do you want to set profit and stop levels?
You can choose if you want EA to use fixed stop-loss and take-profit in pips, or you want to draw additional lines on the chart for your stop and profit levels.
You can also enable trail stop and break even functionalities for your trades.
What is Trendline Trader EA?

Trendline Trader EA is an add-on for MetaTrader 4 to help you trade breakouts in financial markets using trend lines or horizontal lines.

Its main function is to automatically enter the market when the price touches or closes on the other side of your trend line. You draw the trendlines, and the EA will open a trade on breakout when you sleep.

Perfect for trading trend lines, support & resistance, Fibonacci techniques, and nearly any chart pattern (Head and Shoulders, Rising/Falling Wedge, Triangle, Double Top/Bottom, Triple Top/Bottom).
Learn More About the Trendline Trader EA
Regards,
Rimantas Petrauskas
Creator of the Trader On Chart
Creator of the Trendline Trader EA

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