Coensio Swing Trader EA CSTV06 – EA MetaTrader 4

Coensio Swing Trader makes it possible to trade semi-automatically using manually pre-defined support/resistance or breakout levels.

EA sends automatically orders according to predefined trading direction which can be defined as simply as drawing a line on the chart. Trading SR and breakouts was never so easy.

EA trading instructions:

  1. Load EA on chart and set desired parameters: StopLoss, Takeprofit, Lots, EntryThreshold, Trailing StopLoss etc.
  2. Draw a breakout/trendline on chart (Insert->Lines->Trednline).
  3. Rename trendline according to desired trade direction “gl” = long; “gs” = short.
  4. Move Blue and Red line to adjust TakeProfit/StopLoss levels.
  5. To enable proportional risk management, set Lots=0; and e.g.: RiskMax=2 (in % of account equity based on StopLoss size).
  6. When FalseBreakClose=true, order will be closed when entry candle turns and closes in the wrong direction.
Alternative:  SymbolsLib - script MetaTrader 4

Coensio Swing Trader V04

📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks