Manual Line-Crossing Entries and Exits in an Expert Advisor

Summary

This Expert Advisor uses four user-positioned chart lines to trigger buy, sell, and close actions. A trade action occurs when the quoted market crosses the corresponding line, with the description specifying the ask moving above it while the bid is below. Users can disable individual entry or closing lines, set a lot size and maximum order count, and use angled closing lines as a trailing stop.

The document explains the interface and trigger concept but provides no backtest, market selection, order execution detail, or evidence of profitability. Its rule is based on price-line crossings, so results would depend on how the lines are placed and how the platform handles spread, gaps, and fills. It is a description of a configurable trading tool, not a validated trading method.

Key ideas

• The Expert Advisor uses separate chart lines for buy, sell, and two closing actions.
• It triggers actions when market prices cross the corresponding line.
• Users can disable selected lines and configure trade size and a maximum order count.
• Angled closing lines can serve as trailing stops.
• The document offers no testing or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.