Friday, December 25, 2020

Open, Close, or Reverse?

Tell the EA what to do on trendline breakout

Learn More About the Trendline Trader EA
Hi Edward Lance lorilla

Tell the Trendline Trader EA what to do on a trend line breakout.
EA Settings
Tell EA what to do on trendline breakout

You can choose if you want EA to open a new trade or close the existing one on a breakout. And also it can do traditional "reverse trade" like close SELL before opening a BUY trade.
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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