EA #007 — Trendline Break

Receive a Pine Script strategy based on the MT5 robot’s core trading rules, with chart signals, alerts and backtesting in TradingView’s Strategy Tester. Some MT5 features may be modified or unavailable. Signals, execution and backtest results may differ. The script does not place live broker orders by itself. External automation services and setup are not included.

Scope: Automatic rising support/falling resistance lines from confirmed pivots with touch-spacing, ATR tolerance, minimum span and freshness; closed-candle breakout, one use per line, stored safety-line exit, physical ATR-buffered stop and optional opposite-line profit exit. One position at a time.

Limitations: Standard scope uses automatically fitted lines on one selected signal timeframe. User-drawn chart objects and the eight-timeframe top-down fitting chain are excluded. Price-break/tick mode is excluded from Pine; cTrader standard scope also uses candle-close confirmation. Pine Script v6 strategy on standard time-based OHLC charts; chart signals, entry/exit markers, alerts and Strategy Tester included. Historical execution uses the TradingView broker emulator, with configurable costs; no tick sequencing, broker-wide margin/volume guards, MT5 panel/licensing or Custom Max optimizer. Position size uses strategy settings. Signals/fills/results may differ from MT5. No live broker orders by itself; external automation, subscriptions and setup are not included.

Receive a cTrader cBot based on the MT5 robot’s core trading rules, within the reviewed scope. Includes source code, required launch files and instructions. A cBot can place automated orders when enabled in a compatible cTrader environment. Platform APIs, broker data and execution may differ from MT5; identical results are not promised.

Scope: Automatic rising support/falling resistance lines from confirmed pivots with touch-spacing, ATR tolerance, minimum span and freshness; closed-candle breakout, one use per line, stored safety-line exit, physical ATR-buffered stop and optional opposite-line profit exit. One position at a time.

Limitations: Standard scope uses automatically fitted lines on one selected signal timeframe. User-drawn chart objects and the eight-timeframe top-down fitting chain are excluded. Price-break/tick mode is excluded from Pine; cTrader standard scope also uses candle-close confirmation. C# cBot can trade automatically when enabled. cTrader broker data, contract sizes, execution, fees and timezone may differ from MT5; identical signals/results are not promised. MT5 canvas/panel, MT5 activation implementation and Custom Max optimizer are not ported. EA LAB non-exclusive source-code licence applies.