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