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Linexcutor works by watching two trendlines, UPPERline and LOWERline. First of all, we specify the two trendlines. Then rename each of them. After that, just run the EA. The EA will open a trade on the closing or leaving a trendline. This is a semi-automatic system, where we specify the trendlines and have the EA do the rest.
Hi Thor,
For this EA, it does not need any external indicator. You only need to draw 2 trendlines, and change the name to :
- Upper trendline : Linexcutor1
- Lower trendline : Linexcutor2
The indicators in my screenshot is just for my guidance
Nice EA, Do you think you can add Trailing stop, Stop loss, Take profit
Cheers.
Quote:
Originally Posted by fosgate_r
Hi Thor,
For this EA, it does not need any external indicator. You only need to draw 2 trendlines, and change the name to :
- Upper trendline : Linexcutor1
- Lower trendline : Linexcutor2
The indicators in my screenshot is just for my guidance
__________________
When in doubt...follow the crowd
Thanks for the explanation Claypot.
Yes, Linexcutor is a trendline breaking EA. We need to draw the trendlines first then let the EA watch and execute the trades.
Regarding your request, I have added the TP and SL, but not yet Trailing Stop :P I'll do it later. The new version, I put it in my blog. You can download it from there.