Description

Trendline Break Reversal EA

Short Tagline: A reversal strategy that auto-draws trendlines connecting swing points and trades the b…

Short Description:
Trendline Break Reversal EA is a fully automated reversal / structure break. Expert Advisor for MT4 and MT5. A reversal strategy that auto-draws trendlines connecting swing points and trades the break of an established trendline as an early reversal signal. Built-in risk controls and market filters keep execution disciplined across live and demo accounts.

---

Overview

A reversal strategy that auto-draws trendlines connecting swing points and trades the break of an established trendline as an early reversal signal. A confirmed break with a retest signals a potential change in the prevailing direction.

Features

• Auto trendline detection (2+ swing points)
• ATR(14)
• RSI(14) for confirmation
• Configurable stop-loss, take-profit, and trailing logic
• Session, spread, and news-time filters for disciplined execution
• One-trade-per-bar / duplicate-signal protection
• Clean, single-file MQL4 and MQL5 implementations
• No hidden logic — every input is exposed and documented
• No martingale, no grid, no hidden recovery logic

Trading Strategy

Entry logic: – Draw the active trendline from the most recent qualifying swing points.

• Bullish reversal: price breaks above a descending trendline with a strong close, then retests the line from above and holds. Enter long on the retest hold.
• Bearish reversal: mirror on a break below an ascending trendline.

Exit logic: – Exit at the next structural level or on failure (close back through the trendline).

Stop-loss: SL beyond the last swing that formed the trendline, plus an ATR buffer.

Take-profit: TP1 at the prior swing, TP2 at the measured move of the broken structure for 2-3R.

Trailing stop: Trail behind new swings after the retest confirms.

Break-even: Break-even at 1R.

Why it works: Early reversal detection with defined risk.; Universally understood concept..

Recommended Settings

• Timeframes: H1, H4.
• Instruments: EURUSD, GBPUSD, USDJPY, XAUUSD, US30.
• Account type: ECN/Raw spread accounts preferred
• Minimum recommended balance: $500+ (adjust lot sizing to your risk tolerance)
• VPS: Recommended for 24/5 uptime and consistent execution
• Risk management: Risk 1% per trade. Max 2 open. Require a body close beyond the line, not a wick.

Supported Markets

Forex majors and crosses, gold, indices.

Supported Brokers

Compatible with any regulated MT4 or MT5 broker offering standard order execution (market or instant execution). Works with ECN, STP, and standard account types. No broker-specific dependencies.

Installation Guide

1. Download the .ex4 (MT4) or .ex5 (MT5) file from your purchase delivery.
2. Open MetaTrader, go to File → Open Data Folder.
3. Copy the file into MQL4/Experts (MT4) or MQL5/Experts (MT5).
4. Restart MetaTrader or right-click Expert Advisors in the Navigator and select Refresh.
5. Drag the EA onto the chart of your chosen symbol and timeframe.
6. Enable Allow live trading (and Allow DLL imports if prompted) in the Common tab.
7. Adjust inputs to match your risk profile, then click OK.
8. Confirm AutoTrading is enabled in the toolbar.

• Session filter: London and New York sessions.
• Spread filter: Reject if spread > 2.5 pips / symbol threshold.
• News filter: Pause entries 15 minutes around high-impact news.
• Volatility filter: Require the break candle to show expansion vs the recent average.

Risk Disclaimer

Trading forex and CFDs carries a high level of risk and may not be suitable for all investors. Past performance, backtest results, and simulated outcomes are not indicative of future results. This EA does not guarantee profits. Always test thoroughly on a demo account before deploying real capital, and never risk funds you cannot afford to lose.

Version

v1.0.0

Support

Support is provided through the marketplace messaging system. Please include your broker, symbol, timeframe, and EA version when reporting an issue.

Updates

Free updates are provided for bug fixes and compatibility improvements. Feature updates may be released as versioned upgrades.

FAQ

Q: Does this EA work on both MT4 and MT5?
A: Yes, separate optimized builds are provided for each platform.

Q: Can I run this on multiple pairs at once?
A: Yes, attach separate instances to separate chart/symbol combinations.

Q: Does it use martingale or grid recovery?
A: No. This is a pure signal-based strategy with defined risk per trade.

Q: What timeframe works best?
A: H1, H4. for the cleanest signals, but the EA can run on other timeframes with adjusted inputs.

Q: Is a VPS required?
A: Not required, but strongly recommended for uninterrupted 24/5 operation.