Draw a named trendline on your MT5 chart and the TrendlineTrader EA monitors it 24/5 — firing trades on touch, crossover or bar close with full position management.
Draw your lines, name them with the EWI prefix, and let the EA handle the execution.
The EA monitors any trendline prefixed with your chosen name. Draw as many lines as needed — each is tracked independently.
Choose Touch Price (fires when price reaches the line), CrossPrice (fires on crossover), or BarClose (waits for bar confirmation).
Line signature checksum detects when you redraw a trendline and automatically re-arms the EA — no manual reset needed.
Moves stop loss to entry automatically when price reaches your configured R:R target. Protects profits without manual intervention.
Take profit at two configurable levels. Lock in gains while letting the remainder run toward your full target.
Prevents multiple entries on the same trendline touch. Configurable cooldown period stops overtrading on volatile moves.
Set a maximum total exposure across all open positions. The EA will not fire new trades if the cap is reached — protects your account.
Restrict trading to specific market sessions — London, New York or both. Avoid low-liquidity periods automatically.
Secure JWT-based licence tied to your MT5 account number. 72-hour grace period if network is temporarily unavailable.
Three simple steps to automate your trendline trading.
Download the .mq5 file from My Account → My EAs. Copy to your MT5 Experts folder and compile in MetaEditor.
MQL5/Experts/EWI/Attach the EA to your chart, enter your licence key in the Inputs tab and configure your risk settings. The EA will activate and begin monitoring.
Licence → ActivateWith the EA running, draw trendlines and name them using the EWI format (e.g. EWI_buy_wave3_touch). The EA detects them automatically on the next tick.
EWI_buy_wave3_touchEarly adopter pricing — your rate locks in for life. Cancel anytime.
Free Trial
Full access to TrendlineTrader EA for 14 days. No credit card required.
TrendlineTrader EA
Full access, locked in at this rate for as long as you stay subscribed.
No — TrendlineTrader EA is built exclusively for MetaTrader 5. MT4 does not support the MQL5 language or the WebRequest functionality required for licence validation.
Each licence is bound to one MT5 account number at a time. To switch accounts, contact support to release your binding. If you need multiple accounts, please get in touch.
The EA stores a JWT token locally in MT5 GlobalVariables. It continues trading normally during a 72-hour grace period without needing to contact the licence server. After 72 hours it will pause until connectivity is restored.
Draw a trendline on your chart, double-click to select it, then right-click → Properties and change the Description/Name field to start with your configured prefix (default: EWI_). The EA will detect it automatically on the next tick.
Yes — cancel anytime from My Account → Membership. Your access continues until the end of the current billing period. Note that cancelling removes your early adopter price lock — resubscribing later will be at the current rate.
Trading foreign exchange, indices, metals and other instruments carries a high level of risk and may not be suitable for all investors. The TrendlineTrader EA is a tool to assist trade execution and does not constitute financial advice. Past performance is not indicative of future results. Always trade with risk you can afford to lose.
