This document introduces a trend line EA tool for the MetaTrader 4 platform. The tool allows users to draw trend lines on charts that will place automated trades when prices break or touch the lines. Users can program the lines to execute market or pending orders using codes in the line descriptions. The tool also supports advanced features like partial closes and stop loss lines to automate trading strategies based on technical analysis of price trends.

2. Introducing a new trend line EA tool
released for the Forex Meta-trader 4 trading
platform. This trend line trading EA comes with
technical and sales support for its member
community.

4. You can draw lines in the chart manually
by hand, and when price break across or touch
the line, the action will instruct EA to execute
trade entries. Forex users can open market
orders or pending orders with this EA.

5. Drawing a Pending Order
In order to programme the drawn lines to make trade
entries, the lines must have specific codes at its line description. You
can easily refer to the guide book to copy and paste the codes into the
line description.
Placing a buy pending order can be as easy as entering ‘BUY?’
into the line description and when price break across or touch the
line, a trade entry will immediately be executed. If you like to have a
sell pending order, enter ‘SELL?’ to make the line a sell pending order.
Once line has executed a trade, it will expire and cease to
function. Therefore, any line can only be used once. Trade entry rules
like stop-loss or take-profit levels, entry lot size and slippage can be
pre-specified before trade is executed.

6. Drag and Drop
One added advantage of a drawn line pending
order is that the user can easily drag the trend line
around the chart, and the pending order will moved
to the new location.
It almost works like drag and drop pending
order with this trend line EA tool.

7. Advanced Features
Besides drawing a pending order, you can also add in
single or multiple partial close lines onto the charts. By tagging
these lines to the specific pending order, these newly added
partial close lines will then be associated with the order ticket
numbers executed by the tagged pending order line.
You can also draw your own stop loss lines, take profit
lines, partial close lines and stop loss to breakeven line.
The stop loss to breakeven line is the action of shifting
the stop loss levels to the trades’ entry price when price break
through or touch this line. This action makes the trade a no loss
trades as the only outcome is either zero or close in profit.

8. Advanced Features
This trend line EA is a very efficient tool for Forex
traders because it literally trades on behalf of the user thereby
reducing any trading stress. Forex traders can use this tool to
trade many technical chart patterns.
It makes trading Forex easier than before. If you can
draw a few lines on the chart, it will then runs by itself. It is like
total trading freedom for the user as there really is nothing
much to do after the trader have prepared his charts for the
day.

9. Expectations Must be Set Right
This trend line EA tool is semi-automated
designed specially for manual forex traders.
What people need to realize is that this
software is only as good as the traders’
technical analysis ability and trading
experience.

10. It looks like placing a few Lines on the
chart and walk away, a trader could now make
money from Forex trading. While this tool has
made this a possibility, however the
developers of this tool do not think this way.

11. The developer of this trend line ea wants to
empower traders with complete entry and exit trade
execution. This will allow greater control over Forex
entries and exits and hence give rise to the usage of
more sophisticated Forex trading system.
The power happens when you can put all of
this systems to work on automation while freeing you
more time to study the market but not have to baby-
sit the trades like a nanny.

12. But honestly, If you can draw a line, you can
make money, once you understand market
volatility, support and resistance, price action and
money management with this trend line EA.

13. Summary:
The trend line EA is software which helps
the manual trader automates his forex trading
strategy. The user must draw trend lines on the
chart and the EA execute the trades for him.

14. What if you just couldn’t trade Forex
effectively with a day time job? I know how
hard it can be to trade Forex manually, but if
you want to really be successfully trading your
own unique manual system, you need to learn
a single method that works amazingly well.

15. Don’t give up hope, it’s NOT
impossible. Forex Geometry System will
expand your trading capabilities to greater
trading success! Learn more by visiting the
link on this page.
For more Information, please visit:
http://www.ForexGeometry.com