Advisor for MetaTrader 4 Trading on the lines

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Uploaded: 05.02.2017
Content: line_trades.zip (179,2 kB)

Description

Advisor for MetaTrader 4 Trading on the lines

Jobs in the popular MetaTrader 4 terminal

Setting a stop or limit orders based on user lines (horizontal or trend)

Adjusting user line positions after the start of Adviser

Tracking the opening and closing prices in accordance with the trend (moving) line

The calculation of the risk of all open positions at the current tool

The calculation of risk based on user-specified percent of the deposit

The calculation of the risk / Profit

Calculating bandwidth

Open source for its modernization

Additional information

Utility "Trading on the lines of" is intended to facilitate the work of the trader. It´s very simple: by using a special utility to impose a schedule of Channel 4 lines. Two lines will be needed for entry, the other two will be needed to exit. Further it is possible to change the angle of each line, to change the distance between them, etc. When the price of one of input lines, the input occurs in a package or sale. Thereafter, when the price reaches one of the output lines, there will be fixing deal profit (Take Profit) or a loss (stop-loss). Thus, you can easily organize trade channels on price and other strategies.

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