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TrendMeLeaveMe.mq4 - Powerful Forex Expert Advisor for Robust Trading
Unlock the potential of your trading with TrendMeLeaveMe.mq4, a cutting-edge Forex Robot designed to navigate market trends with precision. This Expert Advisor (EA) ensures seamless trading experiences, offering reliability and adaptability for traders across various platforms.
TrendMeLeaveMe.mq4 has been rigorously tested on leading brokers like LQDFX and FXOpen, demonstrating consistent performance. Its versatility extends to compatibility with any broker, providing traders with flexibility in their choice.
Experience the efficiency of automated trading without ownership claims. Incorporate TrendMeLeaveMe.mq4 into your trading arsenal and explore the possibilities of enhanced profitability. Elevate your trading strategies with this powerful Forex EA.
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TrendMeLeaveMe Expert EA
1. Purpose:
The EA is designed to assist traders in identifying trends in the market and placing Buy Stop and Sell Stop orders based on these trends. It is meant to take advantage of potential breakouts or trend reversals.
2. Parameters:
The EA provides several input parameters that allow you to customize its behavior:
BuyStop_TrendName and SellStop_TrendName: These parameters specify the names of the trendlines that the EA will use to identify trends.
BuyStop_TakeProfit and SellStop_TakeProfit: These parameters set the take profit levels for the Buy Stop and Sell Stop orders, respectively.
BuyStop_StopLoss and SellStop_StopLoss: These parameters set the stop loss levels for the Buy Stop and Sell Stop orders, respectively.
BuyStop_Lot and SellStop_Lot: These parameters determine the lot size for Buy Stop and Sell Stop orders.
BuyStop_StepUpper and BuyStop_StepLower: These parameters define the step sizes for the upper and lower trendlines when placing Buy Stop orders.
SellStop_StepUpper and SellStop_StepLower: These parameters define the step sizes for the upper and lower trendlines when placing Sell Stop orders.
3. Trend Identification:
The EA identifies trends in the market by looking for specific trendlines drawn on the chart. It uses two trendlines for each trend: a high (upper) trendline and a low (lower) trendline. These trendlines are identified by their names specified in the parameters.
4. Buy Stop Orders:
*The EA looks for the specified Buy Stop trendline on the chart.
*It calculates the high (vH), middle (vM), and low (vL) prices based on the current trendline values.
*If the current market Ask price is within the range defined by vL and vM, and no existing Buy Stop order with the specified magic number (MagicBuyStop) is found, the EA places a Buy Stop order at the high price (vH) with the specified lot size, stop loss (sl), and take profit (tp).
*If a Buy Stop order with the magic number MagicBuyStop exists and the order type is a Buy Stop, the EA checks if the high price (vH) has changed and updates the order accordingly.
5. Sell Stop Orders:
*Similarly, the EA looks for the specified Sell Stop trendline on the chart.
*It calculates the high (vH), middle (vM), and low (vL) prices based on the current trendline values.
*If the current market Bid price is within the range defined by vM and vH, and no existing Sell Stop order with the specified magic number (MagicSellStop) is found, the EA places a Sell Stop order at the low price (vL) with the specified lot size, stop loss (sl), and take profit (tp).
*If a Sell Stop order with the magic number MagicSellStop exists and the order type is a Sell Stop, the EA checks if the low price (vL) has changed and updates the order accordingly.
6. Magic Numbers:
Magic numbers are used to distinguish the EA's orders from other orders in your trading account. The EA uses MagicBuyStop for Buy Stop orders and MagicSellStop for Sell Stop orders.
7. SetObject Function:
The SetObject function is a custom function used to create or modify trendlines on the chart. It ensures that the upper and lower trendlines are drawn correctly to identify trends.
8. General Information:
The EA was created to help traders automate trend-based trading strategies. It draws trendlines on the chart and monitors the market for opportunities to place Buy Stop and Sell Stop orders based on the specified trendlines, take profit, stop loss, and lot size parameters.
9. Setup:
To use this EA, you need to:
*Install it on your MetaTrader 4 platform.
*Attach it to a chart.
*Set the appropriate parameters such as trendline names, lot sizes, take profit, and stop loss levels.
*Ensure that the trendlines specified in the parameters are drawn correctly on the chart.
10. Usage:
The EA will then monitor the market and place Buy Stop and Sell Stop orders according to the defined rules whenever it identifies potential trading opportunities based on the trendlines.
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