Triangle Trader
This EA assists professional traders in semi-auto trading. It takes a position when the price breaks out the hypotenuse and adjacent leg of the TRIANGLE in the chart.
$39.00 Original price was: $39.00.$29.00Current price is: $29.00.
Out of stock
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This EA assists professional traders in semi-auto trading. It takes a position when the price breaks out the hypotenuse and adjacent leg of the TRIANGLE in the chart.
When the trader can not distinguish the trend and possibility of both BULLISH and BEARISH break out are expected, this EA will be trader magic stick.
At this EA, the trader needs to adjust two plotted Trade Lines in the chart as Hypotenuse and Adjacent Leg of a TRIANGLE. The opposite leg will be drawn by EA and the EA will open position when the price break the TRIANGLE out.
This EA can also take position when the price touch or cross the “Trade Line” plotted by the trader.
Every smart feature such as dynamic “Take-profit” and “Stop-loss” calculation, Money management, Trail, SL move to Break-even point, Time management, Slippage and Spread control has been included in this EA.
Using a DASHBOARD inside the chart helps the trader to change the most important EA parameters from the DASHBOARD by clicking over the bottoms.
- Trend Line is a plotted line on the chart by the trader and acts as a guide for the EA and shows the trend direction.
- Trend Type can be set to SELL, BUY, SIDE and Trend Line.
- Trade Line is a plotted line on the chart by the trader and acts as a trigger for position entry. Trade Line lets trader to use two powerful strategies for market entry, the Break-Out and Reversal strategy. When the price gets to the resistance/support levels, two probabilities are going to happen. Price may break-out the level or price may touch and reverse.
- Trade Type can be set to “TRIANGLE”, for TRIANGLE break out strategy.
- Trade Type can be set to “Trend Line Cross” when the trader estimates that the price is going to break out the key level. It can be set also to Trade Line Touch when the trader estimates the price is going to touch the key level and will reverse.
- Trade Type can be set to “Dual Line Touch Cross” when the trader decides to engage both Break-Out and Reversal strategies together. The EA will plot two lines over the chart and then the trader has to adjust the lines. The first line causes the EA to take a position when the price/candlestick crosses the line and the second line causes the EA to take position when the price touches the line.
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