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I was wondering if there is an EA out there that would modify the trailing stop based on where the trendline is on the current candle?
I've seen a few trailing stop EA's but not exactly the ones I needed.
I would be manually opening the trades but the stop loss should adjust according with a new candle.
Thank You for your help in advance.
Edit
Another thing is I usually have a few trendlines on my chart. If it could work on a specific trendline that you would have to name (e.g. "TrendLine") or anything, that would be most helpful.
I was wondering if there is an EA out there that would modify the trailing stop based on where the trendline is on the current candle?
I've seen a few trailing stop EA's but not exactly the ones I needed.
I would be manually opening the trades but the stop loss should adjust according with a new candle.
Thank You for your help in advance.
Edit
Another thing is I usually have a few trendlines on my chart. If it could work on a specific trendline that you would have to name (e.g. "TrendLine") or anything, that would be most helpful.
Is there a way for me to manually put a trendline on a chart, then have code take over. DOwn trend trade it stays in untill the line is broken (adjustable to allow x # of points past line; default zero), uptrend it stays in till the line is broken. Once that trade is completed, I draw a new line and the game begins again.
The Demark Trend New indicator is interesting but has issues.
Moving averages are too slow to react.
I want something that moves directly with price not goes out for lunch and then makes a decision?
For setting trailing stops according to trendline...just move trendline...for placing an order...place a trendline on the chart name it "bs" or "bl" for buy order...or "ss" or "sl" for sell order...then move it to where you expecting to start a trade...its an Expert Advisor...so place the file in experts folder
looking for trendline price hi low simple indy for specified period of time
I'm looking for simple indy that will draw lines connecting the highest and lowes price for specified by me period of time (for example a week) something liek this:
I've got a good indicator that will draw a trendline and alert whenever the price crosses, however, it's based strictly on Ask/Bid. I need an indicator that will calculate tops and bottoms like a real trendline. How can this be done?
Linear Mode
