Trendline Order
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Trendline Order. As the name suggests, the idea behind it is automatic trendlines. In the code it works with ATR. It moves the stop behind price, can size trades from your risk and handles several symbols. It has 9 settings, for example Evaluate Interval (default 1), Lots (default 1) and TP (default 150). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About Trendline Order
Trendline Order is an expert advisor (trading robot) for MetaTrader 4 based on ATR. It moves the stop loss behind price (trailing stop / break-even), can size trades from your balance and risk percent and works on several symbols at once. It has 9 settings, such as Evaluate interval, Lots and TP. MQL source code included.
Files in the download: TrendlineOrder.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Evaluate interval | 1 | -1 chart, 0 tick, > 0 specified min |
| Lots | 1 | Trade size in lots |
| TP | 150 | Take profit distance |
| SL | 30 | Stop loss distance |
| Ts trigger | 15 | |
| Ts mode | 1 | 0 = disabled, 1 = Fixed SL, 2 = ATR, 3 = Half Volatility |
| Ts sensitivity | 5 | |
| Ts dynamic factor | 0.5 | applied only if TrailingStopMode = 2 or 3 |
| Enable alert | false | Turn this alert on or off |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Trend · Trailing Stop & Break-even · Risk & Lot Size · Multi-Currency · ATR · MT4 Expert Advisor · MQL4 Source Code