Trend Line PRO EA MT5 (Latest version) - Unlimited

Trend Line PRO EA MT5 Settings Guide

Trend Line PRO EA MT5 is an automated trading Expert Advisor designed around trend-line and market-direction analysis. Its configuration provides extensive control over indicator parameters, multi-timeframe confirmation, Take Profit and Stop Loss management, multiple TP levels, recovery settings, pending orders, trailing stops, breakeven functions, news filtering, and trade management. The displayed setup also includes automatic trading modes, fixed lot sizing, chart visualization, trade panels, and notification options, allowing traders to customize the EA according to their trading strategy and risk-management preferences.

Trend Line PRO EA mt5 Settings Panel

Trend Line PRO EA mt5 Setting Panel

Trend Line PRO EA MT5 Inputs and Settings

Indicator Settings

🔹 Amplitude = 13 — Sets the trend-line indicator’s amplitude parameter to 13, controlling the sensitivity or structural range used by the indicator.

🔹 Calculation Range (days) = 35 — Sets the historical calculation range to 35 days, defining the period of market data considered by the indicator.

🔹 TP1 (Order_1, 0 – disabled) = 0.5 — Sets the first Take Profit level to 0.5; a value of 0 would disable this TP level.

🔹 TP2 (Order_2, 0 – disabled) = 0.9 — Sets the second Take Profit level to 0.9; a value of 0 would disable this TP level.

🔹 TP3 (Order_3, 0 – disabled) = 1.4 — Sets the third Take Profit level to 1.4; a value of 0 would disable this TP level.

🔹 SL (Stop Loss of all Orders) = 1.5 — Sets the Stop Loss parameter for all orders to 1.5 according to the EA’s internal calculation method.

🔹 Percent (%) of Deposite to close all orders (0 – disabled) = 0.0 — Sets the account-deposit percentage trigger to 0.0%; because the value is 0.0, this function is disabled.

Higher Timeframe Filter

🔹 Use HTF-filter function = false — Disables the Higher Timeframe filter in the current configuration.

🔹 Time Frame of HTF = 4 Hours — Sets the Higher Timeframe reference to 4 Hours when the HTF filter is enabled.

Trading Time Filter

🔹 Use Time Filter function = false — Disables the EA’s trading-time filter.

🔹 Start Hour of Trading = 1 — Defines the trading start hour as 01:00 when the time filter is enabled.

🔹 Stop Hour of Trading = 23 — Defines the trading stop hour as 23:00 when the time filter is enabled.

Expert Advisor Settings

🔹 Trading Direction = Any Deals — Sets the general trading-direction option to Any Deals, allowing the EA to operate according to its available trading directions.

🔹 Trading Mode = Auto — Sets the EA to Auto trading mode.

🔹 Trade Direction = ANY — Allows both supported trading directions rather than restricting the EA to a single direction.

🔹 Lot Type = Fixed — Selects Fixed lot sizing as the active position-sizing method.

🔹 Lot Size TP1 (Fixed/Auto_%,Risk_%) = 0.01 — Sets the lot size for the first Take Profit order to 0.01 lots.

🔹 Lot Size TP2 (Fixed/Auto_%,Risk_%) = 0.01 — Sets the lot size for the second Take Profit order to 0.01 lots.

🔹 Lot Size TP3 (Fixed/Auto_%,Risk_%) = 0.01 — Sets the lot size for the third Take Profit order to 0.01 lots.

🔹 Maximum Lot Size Type —> = Don’t use — Disables the maximum-lot-size restriction.

🔹 Max lot size = 1.5 — Sets the maximum lot-size value to 1.5 if the maximum-lot-size function is enabled.

Recovery Settings

🔹 Use Recovery Mode function = false — Disables the EA’s Recovery Mode in the current configuration.

🔹 Recovery coef. TP1 = 1.0 — Sets the Recovery coefficient for TP1 to 1.0 when Recovery Mode is enabled.

🔹 Recovery coef. TP2 = 1.0 — Sets the Recovery coefficient for TP2 to 1.0 when Recovery Mode is enabled.

🔹 Recovery coef. TP3 = 1.0 — Sets the Recovery coefficient for TP3 to 1.0 when Recovery Mode is enabled.

Pending Order Settings

🔹 Use Pending order function = false — Disables the Pending Order function.

🔹 Shift level of Pending order = 100.0 — Sets the pending-order shift level to 100.0 when the Pending Order function is enabled.

🔹 SuccessRate 0 – don’t use = 0 — Sets the Success Rate parameter to 0, which disables this feature according to the parameter description.

TP/SL Functions

🔹 Use Take Profit —> = Indicator — Selects the Indicator as the method used for determining Take Profit.

🔹 Take Profit = 0 — Sets the direct Take Profit value to 0 because Take Profit is currently controlled by the selected Indicator method.

🔹 Use Stop Loss —> = Indicator — Selects the Indicator as the method used for determining Stop Loss.

🔹 Stop Loss = 0 — Sets the direct Stop Loss value to 0 because Stop Loss is currently controlled by the selected Indicator method.

🔹 Hidden TP/SL = false — Disables hidden Take Profit and Stop Loss functionality.

Trailing Stop Settings

🔹 Use Trailing Stop function = false — Disables the Trailing Stop function in the current configuration.

🔹 Start trailing Stop = 240.0 — Sets the trailing-stop activation level to 240.0 when the Trailing Stop function is enabled.

🔹 Dist trailing Stop = 25.0 — Sets the trailing-stop distance to 25.0 when the Trailing Stop function is enabled.

🔹 Close the deal at the opposite signal = true — Enables closing an active trade when the EA detects an opposite trading signal.

Breakeven Functions

🔹 Breakeven_1 for all TPs (0 – disable) = 0 — Sets the first breakeven trigger to 0, meaning this breakeven level is disabled.

🔹 Breakeven_2 for TP2,3 on entry level (when reached TP1) = true — Enables the second breakeven function for TP2 and TP3 after TP1 has been reached.

🔹 Breakeven_3 for TP3 on TP1 level (when reached TP2) = false — Disables the third breakeven function that would manage TP3 after TP2 has been reached.

News Filter Settings

🔹 Use News filter = false — Disables the EA’s news filter in the current configuration.

🔹 Add to –> Tools/Options/Expert Advisor = https://gmt-offset.online — Provides the GMT-offset website indicated for configuring broker time information.

🔹 Add to –> Tools/Options/Expert Advisor = http://worldtimeapi.org — Provides the World Time API address shown for time-related configuration.

🔹 Pause before/after event, minutes = 15 — Defines a 15-minute pause period before and after a news event when the news filter is active.

🔹 Enable medium news = false — Disables filtering or processing of medium-impact news events.

🔹 Enable major news = true — Enables the major-news option, although the overall Use News filter = false setting currently keeps the news-filter function disabled.

🔹 Draw lines on the chart = true — Enables drawing of relevant news-event lines or markers on the chart.

Other Settings

🔹 Show trade panel = true — Enables the EA’s trade panel on the chart for displaying or interacting with trading information.

🔹 Magic = 1111 — Sets the EA’s Magic Number to 1111, allowing the EA to identify its own trades.

🔹 Comment = TrendLine_EA — Sets the trade comment to TrendLine_EA, making EA-generated trades easier to identify.

🔹 AlertON = false — Disables standard terminal alerts generated by the EA.

🔹 PushON = false — Disables push notifications from the EA to a connected mobile MetaTrader application.

Current Configuration Overview

🔹 Indicator Settings: The EA uses Amplitude = 13 and a 35-day Calculation Range, providing the primary displayed indicator configuration.

🔹 Multiple Take Profits: The configuration uses TP1 = 0.5, TP2 = 0.9, and TP3 = 1.4, allowing the EA to work with three displayed Take Profit levels.

🔹 Stop Loss: The displayed indicator-based Stop Loss parameter is 1.5, while the direct Stop Loss = 0 because the Indicator method is selected.

🔹 Trading Direction: Both Trading Direction = Any Deals and Trade Direction = ANY allow the EA to operate without restricting the setup to one market direction.

🔹 Lot Management: Fixed lot sizing is selected, with 0.01 lots assigned to TP1, TP2, and TP3.

🔹 Recovery: Recovery Mode is disabled, while all three recovery coefficients are configured at 1.0.

🔹 Pending Orders: Pending orders are disabled, although the configured Shift level remains 100.0.

🔹 Trailing Stop: Trailing Stop is disabled, with Start trailing Stop = 240.0 and Dist trailing Stop = 25.0 available if activated.

🔹 Opposite Signals: The EA is configured to close an existing deal when an opposite signal appears.

🔹 News Protection: The overall News Filter is disabled, despite Enable major news = true and a 15-minute before/after-event setting.

🔹 Chart Tools: Both the trade panel and chart-line display are enabled.

🔹 Trade Identification: The EA uses Magic = 1111 and Comment = TrendLine_EA.

🔹 Notifications: Both AlertON = false and PushON = false, so terminal alerts and push notifications are disabled.

Important Notes

🔹 TP and SL Units: Values such as TP1 = 0.5, TP2 = 0.9, TP3 = 1.4, and SL = 1.5 should be interpreted according to the EA’s internal indicator calculation because the screenshot does not specify their exact price-unit conversion.

🔹 Indicator-Based TP/SL: The current setup uses Indicator for both Take Profit and Stop Loss, while the direct Take Profit = 0 and Stop Loss = 0 values should therefore not be interpreted as having no risk-management levels.

🔹 HTF Filter: Although Time Frame of HTF = 4 Hours is configured, Use HTF-filter function = false means the Higher Timeframe filter is currently inactive.

🔹 Time Filter: The configured trading hours are 01:00 to 23:00, but Use Time Filter function = false means these hours are not currently restricting trading.

🔹 News Filter: Enable major news = true does not by itself activate news filtering because Use News filter = false.

🔹 Maximum Lot Size: Max lot size = 1.5 is configured, but Maximum Lot Size Type = Don’t use means the maximum-lot restriction is currently inactive.

🔹 Trailing Stop: The EA has Start trailing Stop = 240.0 and Dist trailing Stop = 25.0, but the feature is disabled by Use Trailing Stop function = false.

Conclusion

The Trend Line PRO EA MT5 configuration provides a broad set of controls for automated trend-line trading, including indicator sensitivity, historical calculation range, multiple Take Profit levels, Stop Loss management, fixed lot sizing, recovery controls, pending orders, trailing stops, breakeven management, news filtering, and trade identification.

The displayed configuration uses Amplitude = 13, Calculation Range = 35 days, TP1 = 0.5, TP2 = 0.9, TP3 = 1.4, and SL = 1.5. It uses Fixed lot sizing with 0.01 lots for each TP level. HTF filtering, time filtering, Recovery Mode, Pending Orders, Trailing Stop, and the overall News Filter are currently disabled.

Before applying these settings to a live account, traders should verify how the EA converts its indicator-based TP/SL values into actual price distances and should test the configuration under their specific broker’s symbol specifications and trading conditions.

FAQs

❓ What is the Amplitude setting in Trend Line PRO EA MT5?
The Amplitude = 13 parameter controls the sensitivity or structural range used by the EA’s trend-line indicator.

❓ What are the Take Profit levels in the current configuration?
The EA is configured with TP1 = 0.5, TP2 = 0.9, and TP3 = 1.4. These values are used according to the EA’s internal indicator calculation.

❓ Does Trend Line PRO EA MT5 use fixed lot sizing?
Yes. Lot Type = Fixed, with Lot Size TP1 = 0.01, Lot Size TP2 = 0.01, and Lot Size TP3 = 0.01.

❓ Is the Trailing Stop enabled in the current settings?
No. Use Trailing Stop function = false. The configured activation and distance values are 240.0 and 25.0, respectively, but they are inactive until the function is enabled.

❓ Is the News Filter enabled?
No. Use News filter = false. Although Enable major news = true, the overall news-filter function remains disabled in the displayed configuration.