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

GALLERY