Attachments forums

List of attachments posted on this forum.


All files on forums: 153082

Trend line EA

mrtools, Thu Mar 17, 2022 9:57 pm

Trend line trader EA

This is an old TSD EA just copied the introduction from there, maybe can get some ideas on how to improve.

This Ea draws trendlines using fractal calculations you can choose either for a 2 fractal trend line or a 3 fractal trend line, the Ea should find 2 or 3(your choice) fractals that line up and draw trendline off that, and if down trend will draw trend lines on highs and on lows for uptrend, if close greater than trendline for buy and less than trend line for sell.

There is an option to use moving average for confirmation it is coded is close greater or less than current close then buy or sell. On the chart been testing it on 5 minute timeframe and it's way too soon but for now looking good, another thing in the Terminal comments TLB_MULTIPASS BUY OR SELL was using the Multipass SSL indicator but didn't seem to test very well with the trend lines so changed to ma but forgot to change comments, the version i'm posting the comments should be correct.

Also the EA can use volty stops for trailing if desired.
All files in topic