Forex Line EA Version 5 ­ Arrow Mode

Forex Line EA Version 5 is automatic robot trading work on MT4 platform.
It is work based on Forex Line Indicator Arrow Mode and Breakout Mode.
There is two mode created for the Forex Line EA

Forex Line Arrow Mode function

Stop Loss & Take Profit (0)
Leave SL and TP empty if enable Close mode Arrow with Line Arrow or Mini Line Arrow

Arrow Amplitude Mode (2)
Set (2) to enable Arrow Mode for Line Arrow (Have 3 mode: #1, #2, #3) Set 2 for Medium Mode
If Set 1 more arrow come out o chart and Set 3 Less Arrow on chart. Recommended is #2

Mini Arrow Mode (True)
Set (True) to enable Mini Arrow & Set (False) to disable (Bottom Chart Arrow)

Mini Arrow Closed (True)
Set (True) to enable Mini Arrow Close Mode & set (False) to disable (Bottom Chart Arrow)

Line Arrow Mode (True)
Set (True) to enable Line Arrow & Set (False) to disable (Main Chart Arrow)

Line Arrow Closed (True)
Set (True) to enable Line Arrow Close Mode & set (False) to disable (Bottom Chart Arrow)

TOD From Hour (0)
Time Setting for EA to start trading (0) = 00:00am set (8) if want to use from Europe & London

TOD To Hour (24)
Time Setting for EA to end trading (24) = 24:00pm (Set 0 to 24 for enable 24hours trade)

MM Martingale Start (0.01)
Start Lot size setting. Set 0.01 for min lot size. EA will trade using 0.01 lot.

MM Martingale Loss Factor (1.0)
Martingale Loss Factor will double the lot size after last trade is Loss
Set 1.0 to disable Lot increase. Size fixed based on Martingale Start
Set 2.0 to double the lot size after loss in last trade (0.01-0.02-0.04-0.08-0.16)

MM Martingale Restart Profit (True)
Reset lot size to restart from the size set on Martingale start if use 2.0 Loss Factor

How does Forex Line EA Arrow mode work?

How Forex Line EA trade using Mini Arrow Mode

EA open trade Buy when Mini arrow (Yellow) comes out at bottom chart (No Arrow no Buy)
EA open trade Sell when Mini arrow (Red) comes out at bottom chart (No Arrow no Sell)

How Forex Line EA trade using Line Arrow Mode

EA open trade Buy when Line arrow (Yellow) comes out at Main chart
EA open trade Sell when Line arrow (White) comes out at Main chart

How Forex Line EA Take profit, Close Trade and Exit Trade

Take profit: EA will auto close on profit or loss when arrow appear on chart – set TP if mode close disable
Exit trade: EA only exit trade when arrow appear on chart – No arrow = no close trade
Stop Loss: If use Auto Arrow auto closed mode no Stop loss is required – set SL if mode close disabled
Manually Closed: Can close the trade manually if already in Big profit don’t wait for Arrow to close

How to run and choose pairs Forex line EA Version 5

Forex Line Version 5 Arrow mode is recommended for Scalping and Day Trading
Recommended for timeframe M15, M30, H1
Recommended for pairs with small spread and big demand
Not recommended for pairs that have huge spread and Less demand

FOREX LINE EA V5 TEMPLATE

To run EA just right click chart and load the EA template setting are already setup You can edit 0.01 lot size if using bigger lot for fixed lot size template

Forex Line EA Version 5 is available free and purchase

FOR FREE RECOMMENDED BROKER MORE ID
https://forexlineindicator.com/index.php/free-indicator-ea

FOR PURCHASE ANY BROKER ONE ID
https://forexlineindicator.com/index.php/buy-forex-line-indicator-ealifetime-use

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