概述
评论 (1)
评论 (2)

Exit with Trend Line

The Exit with Trend Line is a program for closing trades after the price crosses a custom trend line. Used for closing trades based on inclined support and resistance levels.

Specify in parameters the name of the trend line, crossing type (bottom-up or top-down), price type (see next), type of orders (buys or sells) or trade ticket. As soon as the specified crossing occurs, the robot closes the required trades.

Input Parameters

Name of Trend Line - name of the trend line.
Mode – mode of determining the trades for closing. Possible values (drop-down list):

Ticket - ticket (the ticket itself is specified in the next parameter);
Buys - market buys;
Sells - market sells.

Ticket of Trade - ticket of a specific trade. Used only if "Mode" is set to "Ticket".
Type of Relation for Exit - type of price location relative to the level for closing trades. Possible values:

Above Value of Line - above the line value.
Below Value of Line – below the line value.

Price for Exit – price type for closing trades. Possible values:

Current Price (Bid) - current Bid price;
Open Price of current Bar - opening price of the current bar;
Close Price of previous Bar - closing price of the previous bar;
Open Price of previous Bar - opening price of the previous bar;
High Price of previous Bar - High price of the previous bar;
Low Price of previous Bar - Low price of the previous bar;
Median Price of previous Bar, (h+l)/2 - median price of the previous bar, (high+low)/2;
Typical Price of previous Bar, (h+l+c)/3 - typical price of the previous bar, (high+low+close)/3;
Weighted Price of previous Bar, (h+l+c+c)/4 - weighted closing price of the previous bar, (high+low+close+close)/4;

Maximal allowed Deviation – level of maximum allowed price deviation in case of requotes;
Language - Expert Advisor language. Possible values (drop-down list):

EN - English (default);
RU - Russian.

Attention! The product is designed to operate in real time, as it does not open trades but only maintains them.

Special operation mode is provided for the tester: at startup, if there are no open trades, a trade of the type set in the product parameters is opened. Besides, the utility works in the tester only if visual testing is used. Otherwise, user cannot apply a necessary trend line to the chart window.