Pattern Automation
Cease ready at your display screen for a breakout. The Pattern Automation panel lets you flip customary MetaTrader trendlines into “Sensible Triggers” that execute trades robotically upon intersection.
The Three-Step Workflow
Use the usual MT5 Trendline instrument (Insert > Objects > Trendline) to attract your help, resistance, or diagonal trendline.
Open the Pattern Panel in AstroTrade. Click on the “Choose Line” button after which click on the road you simply drew on the chart. The EA will now “watch” this particular object.
Determine what occurs when worth hits the road:
- Purchase on Breakout: If worth crosses ABOVE the road.
- Promote on Breakout: If worth crosses BELOW the road.
- Reverse/Bounce: Execute a commerce in the other way of the strategy.
Danger Integration
The fantastic thing about the Pattern Panel is that it makes use of your International Danger Settings. In case you outlined a 1.0% danger within the Commerce Panel, the automated trendline entry will use that very same calculation, inserting its Cease Loss primarily based in your preset parameters.
Warning: Guarantee “AutoTrading” is enabled in your MetaTrader 5 terminal for the automation to execute efficiently.