Trendline Scalper

• Indicator Based on Long term and short term patterns of the TREND LINES
• The trade shows the multiple targets and stop loss
• The dashboard shows the performance reports of the past trades

•  Alarmset = TRUE;   – alert settings
•  TakeProfit = 120;- this is not for indicator – used for Ea
•  UseSound = TRUE;
•  NameFileSound = “expert.wav”;

= “— Trend  —“;- TREND LINES SETTINGS

•  ShowFractals = FALSE; – display formation of the trend lines
•  nVilka_Upper = 1;- trendlines upper
•  nVilka_Lower = 1; – trendlines  lower
•  ShowTrendLine = true;
•  Color_LineUpper = clrRed;
•  Color_LineLower = clrBlue;
•  Width_LineUpper = 3;
•  Width_LineLower = 3;

“— TREND —“;

SETTINGS FOR THE TARGETS AND STOP LOSS 

•  ExitStyle = byADRExit;
•  ShowOrders = true;
•  TRUE;
•  Color_OrderBuy = clrBlue;
•  Color_OrderSell = clrGreen;
•  Width_OrderBuy = 2;
•  Width_OrderSell = 2;
•  Color_SLBuy = clrRed;
•  Color_TPBuy = clrWhite;
•  Color_SLSell = clrRed;
•  Color_TPSell = clrWhite;

•  Orders_FontSize = 12; ( FONTS OF THE LABEL TEXT)

— TREND —“;

•  SendEnter = FALSE;
•  SendLoss = FALSE;

Target/stop based Setting====<<“;

•  ShowExit1 =  true;
•  ShowExit2 = true;
•  ShowExit3 = true;
•  ADRTimeFrame=0;( from current to monthly )
•  ADRPeriod=50; ( LOWER is smaller targets and stop loss )
•  ADR_SL=3;( STOP LOSS – higher means larger stops )
•  ADR_TP1=2; ( TARGETS – higher means larger targets )
•  ADR_TP2=3;
•  ADR_TP3=5;
•  RightAlign = true;
•  LinesShiftRight       =  10;
•  LabelsColor           = DimGray;
•  LabelsFontSize        =  10;
•  LabelsShiftHorizontal =  10;
•  LabelsShiftVertical   =   1;

FileComment = “”; – logging of the entries trades – the log file placed in MQL- FILES – order .txt file

• Reentry = false;
• EntryOnly = false;
• CanClosebyOpposite = true; //Can Exit by Opposite Signal
• IndicatorAlerts = true;
• EntryAlerts = true;
• ExitAlerts = true;
• ArrowEntryBuyStyle = 225;
• ArrowEntrySellStyle = 226;
• ArrowExitStyle = 251;
• DistanceEntryLabel = 40;
• DistanceExitLabel = 15;
• NameLineUpper = “LineUpper”;
• NameLineLower = “LineLower”;
• ColorTextBuy = clrLime;
• ColorTextSell = clrRed;
• ColorTextExitBuy = clrRed;
• ColorTextExitSell = clrDodgerBlue;
• FontSizeLabel = 12;

Dashboard Setting ===========”; settings for dashboard with the entries and trade details ( historical details )

• Show_Information  =  TRUE;
• TotalOpenShow = 5; ( past 5 signals details )
• SoundClick = “Alert.wav”;
• FontSize = 8; ( size of fonts in dashboard )
• Corners = Left

Check Details