Trendline or Horizontal line order outside of the Line | Forex Factory

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Trendline or Horizontal line order outside of the Line

  • #1
  • First Post: Dec 19, 2013 2:22pm Dec 19, 2013 2:22pm
Trendline order trigger (after closing candle outside of the Trendline)
after take order, Trend line change its Color and will be Deactived

https://login.mql5.com/en/users/behzad.h
Attached Images
Attached File(s)
File Type: mq4 e-TrendLineTraderV2.mq4   9 KB | 2,103 downloads
  • #2
  • Dec 19, 2013 3:07pm Dec 19, 2013 3:07pm
Good job!

I have made similar EA also.

If price bounce from trendline, then you could put stoploss closer to trendline or under hammer candle instead of a fix distance, and you could calculate position size based on account percent.
Another idea : Maybe you should check closed candle on a specified timeframe, atm it uses current timeframe.
  • #3
  • Jan 4, 2015 4:53pm Jan 4, 2015 4:53pm
Thanks Behzad! the expert works really well.

Im having some questions though. The expert seems to run really well on regular charts iwth regular timeframes, taking trades and such according to the rules set by the user.

BUT (here it comes ) i can't seem to get it working on my renko chart and i don't know why... It's really frusterating since it does exactly what i want the EA to do.

Im not a great coder but i've checked the code and the logic seem reasonable and my renko chart is emulated to be a online chart, so it's live and has ticks wich should trigger the EA.

Is maybe any kind soul out there willing to help me with this? It would be much appreciated.

Thanks.
  • #4
  • Edited 7:09pm Jan 4, 2015 6:30pm | Edited 7:09pm
Quoting RAWAbility
Thanks Behzad! the expert works really well. Im having some questions though. The expert seems to run really well on regular charts iwth regular timeframes, taking trades and such according to the rules set by the user. BUT (here it comes ) i can't seem to get it working on my renko chart and i don't know why... It's really frusterating since it does exactly what i want the EA to do. Im not a great coder but i've checked the code and the logic seem reasonable and my renko chart is emulated to be a online chart, so it's live and has ticks wich...
Hello RAWAbility, after 1 year+ I saw your post on this thread I thought I should also try the EA but I do not know how to draw TrendLine which point to which point to get EA work, as you got EA work please could you explain me showing any image or is there any indicator that can draw TrendLine auto.

Thanks And Regards,
Moti
  • #5
  • Jan 4, 2015 6:42pm Jan 4, 2015 6:42pm
BZ- thanks
this is what I call real EA
  • #6
  • Jan 4, 2015 11:38pm Jan 4, 2015 11:38pm
Quoting Motiram
{quote} Hello RAWAbility, after 1 year+ I saw your post on this thread I thought I should also try the EA but I do not know how to draw TrendLine which point to which point to get EA work, as you got EA work please could you explain me showing any image or is there any indicator that can draw TrendLine auto. Thanks And Regards, Moti
The images in Behzads first post explains it all kinda thorough, you can draw a trendline anywhere on the chart and as long as you color it red (short) and gives it the description "STR" the EA will open a trade when price breaks through the trendline. As for a long it's the opposite, you color it blue and gives it the description of "LTR".

As for auto trendline options i think you can find a lot of them using the search function here at forexfactory, it's a widely discussed topic. But since i like helping people out i found a thread were you could start looking at, check out this thread:

http://www.forexfactory.com/showthread.php?t=82216
  • #7
  • Jan 5, 2015 4:09am Jan 5, 2015 4:09am
Quoting RAWAbility
{quote} The images in Behzads first post explains it all kinda thorough, you can draw a trendline anywhere on the chart and as long as you color it red (short) and gives it the description "STR" the EA will open a trade when price breaks through the trendline. As for a long it's the opposite, you color it blue and gives it the description of "LTR". As for auto trendline options i think you can find a lot of them using the search function here at forexfactory, it's a widely discussed topic. But since i like helping people out i found a thread...
Thank you RAWAbility, I appreciate your help I will try the EA and will conform to you when I got it working.

Regards,
Moti
  • #8
  • Jan 5, 2015 7:09pm Jan 5, 2015 7:09pm
Quoting Motiram
{quote} Thank you RAWAbility, I appreciate your help I will try the EA and will conform to you when I got it working. Regards, Moti
RAWAbility, it took time to understand me, but finally I got it work just now thank you

Regards,
Moti
  • #9
  • Feb 3, 2015 10:28pm Feb 3, 2015 10:28pm
Quoting Motiram
{quote} RAWAbility, it took time to understand me, but finally I got it work just now thank you Regards, Moti
Hello Behzad,Motiram and all.

Please check the pictures,i did all ok?

If yes why dont work?

Thanks in advance

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  • #10
  • Feb 4, 2015 10:24am Feb 4, 2015 10:24am
Quoting howa61
{quote} Hello Behzad,Motiram and all. Please check the pictures,i did all ok? If yes why dont work? Thanks in advance {image} {image} {image} {image} 1603750 {image}
Hello howa61, I am posting you link below down EA from here and read the thread you will understand well
http://www.forexfactory.com/showthre...32#post6709532

Nš1 EA Open buy or sell trade, when candle has close above or below the Trendline or Horizontal line. This EA has option so you can set the PipRangeFromLine_Min & PipRangeFromLine_Max

For example if you set:
PipRangeFromLine_Min = 1
PipRangeFromLine_Max =1
This mean Trade will place the buy if candle close 1 pip above the LTR and Trade will place the sell if candle close 1 pip below the STR

For example if you set:
PipRangeFromLine_Min = 1
PipRangeFromLine_Max =10
This mean Trade will place the buy if candle close 1-10 pip above the LTR and Trade will place the sell if candle close 1-10 pip below the STR

Hope this help

Regards
Moti
  • #11
  • Feb 5, 2015 2:05am Feb 5, 2015 2:05am
Nice EA. I have one suggestion that we can take the whole candle out of trendline to confirm the trendline break, because the market gets too much false break and continue the trendline.

Just my 2 cents. Thanks.
  • #12
  • Edited 10:59am Feb 6, 2015 8:24am | Edited 10:59am
Quoting Motiram
{quote} Hello howa61, I am posting you link below down EA from here and read the thread you will understand well http://www.forexfactory.com/showthre...32#post6709532 Nš1 EA Open buy or sell trade, when candle has close above or below the Trendline or Horizontal line. This EA has option so you can set the PipRangeFromLine_Min & PipRangeFromLine_Max For example if you set: PipRangeFromLine_Min = 1 PipRangeFromLine_Max =1 This mean Trade will place the buy if candle close 1 pip above the LTR and Trade will place the sell if candle...

Hello Motiram,sorry for the late.

Many thanks for the explanation.

Any suggestion SET for the TF H1 H4?

Thanks in advance



Edit

I just test it on M1 but dont take any trade,there is a procedure for install the EA,i mean need first apply the trend line and later the EA or just put randomly?

Thanks
  • #13
  • Feb 7, 2015 7:11am Feb 7, 2015 7:11am
Hi guys!

Added some code to the EA, which places the lines automatically by pressing the button, and you dont have to write the description to the trendline.
I think it is easyest to use such a way...
Attached File(s)
File Type: mq4 e-TrendLineTraderV2_k_mod.mq4   15 KB | 2,332 downloads
Anything is math!
  • #14
  • Feb 7, 2015 7:56am Feb 7, 2015 7:56am
Quoting Kajos2250
Hi guys! Added some code to the EA, which places the lines automatically by pressing the button, and you dont have to write the description to the trendline. I think it is easyest to use such a way... {file}
Thank you Kajos2250, for a great work making it very easier to draw trend lines Now It looks the complete EA, I was trying EA on different time frame to answer howa61 his question but did not got EA work correctly some time it open and other time does not, have you tried does it work for you please let me know on does it work on TF M1 or it has to be on higher or must work on any time frame.

Regards,
Moti
Attached Image (click to enlarge)
Click to Enlarge Name: e-treand.png Size: 28 KB
  • #15
  • Feb 7, 2015 8:34am Feb 7, 2015 8:34am
Quoting Motiram
{quote} Thank you Kajos2250, for a great work making it very easier to draw trend lines Now It looks the complete EA, I was trying EA on different time frame to answer howa61 his question but did not got EA work correctly some time it open and other time does not, have you tried does it work for you please let me know on does it work on TF M1 or it has to be on higher or must work on any time frame. Regards, Moti {image}
I have not tried, but seeing the code if the PipsRangeFromLine is set correctly, it should work on any TF.
Anything is math!
  • #16
  • Edited 1:02am Feb 8, 2015 12:47am | Edited 1:02am
Hello Kajos2250.

Thanks for your modification,but you dont choose the last EA as following:

http://www.forexfactory.com/showthre...32#post6709532

Attached Image


Hope you can change also the last version

Thanks in advance
  • #17
  • Edited 5:20am Feb 10, 2015 1:11am | Edited 5:20am
Quoting howa61
Hello Kajos2250. Thanks for your modification,but you dont choose the last EA as following: http://www.forexfactory.com/showthre...32#post6709532 {image} Hope you can change also the last version Thanks in advance

EDIT Is also possible to delete automatically the trend line that dont place the order?

I mean suppose the blue line had place the order and become white,but on the chart there is still the red line,can delete the red line when the blue place the order?

And have the possibility to chose to place order after TOT pips touched the line?

Thanks,if you can in both version
  • #18
  • Feb 5, 2016 6:20pm Feb 5, 2016 6:20pm
Hey Behzad,

I like this EA, is it possible to make it trigger before the close of a candle?
  • #19
  • Oct 6, 2016 5:51pm Oct 6, 2016 5:51pm
helo can any one code this ea to place buystop and sellstop once a trend line is touched or broken please or if you know any ea that can do that please help me out, it will be nice to have ea that can use break or touch of a trendline and horizontal line to place two pending other cause the market will surely chose up or down and i will like not to miss out so please guys your help will much be appreciated thanks
  • #20
  • Oct 26, 2016 7:25am Oct 26, 2016 7:25am
Hello everybody ,
I think i have same problem of (howa61) before ; which is I entered everything correctly (I think) , but its not working , or taking any trade.
I dont know what is the reason. can anybody help.
thx
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