free
TrendLine PRO MT4
Indicators Evgenii Aksenov Version: 11.3 Updated: 26 July 2024
The Trend Line PRO indicator is an independent trading strategy. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection.
Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices.
The indicator is used in trading on real accounts, which confirms the reliability of the strategy.
Robots using Trend Line PRO and real Signals can be found here: https://www.mql5.com/en/users/neurofx/seller
At the moment, the Trend Line PRO indicator is distributed for free under the promotion. The price after the promotion is $149.
Advantages of Trend Line PRO
Never redraws its signals
The possibility of using it as an independent strategy
It has three automatic levels Take Profit and Stop Loss level
The indicator has iCustom signal buffers, which allows you to create trading robots based on it
Has a notification function
The indicator has proven its effectiveness in trading on real accounts
How to set up and optimize the Trend Line PRO indicator:
By changing the Amplitude parameter and the TP and SL levels, focus on the Profit value on the indicator dashboard
You can automatically optimize the indicator parameters using: Optimizer Utility
Detailed instructions (ENG): here
How the Trend Line PRO indicator works:
After the indicator signal appears in the form of an up or down arrow, wait for the end of the current candle on which the signal was formed
Open a position in the same direction (you can open up to 3 orders simultaneously with different levels of Take Profit protection)
Set the Stop Loss and Take Profit levels suggested by the indicator
After the price reaches the first protection level TP1, close the first order and move the Stop Loss at the level of the entry price (breakeven),
Fix the profit partially or completely on TP2 or TP3
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