Trendline ea is a software that works within the forex Metatrader 4 platform. It allows traders to trade directly from the charts. Most importantly, it overcome many trading limitation and provided additional trading execution such that technical chart patterns can be traded on automation.

1. Trendline EA for Visual Chart Trading
on Metatrader 4

2. • One of a key element in forex trading is the
visual chart and learning to identify trading
chart patterns can help to make wise decisions
in trading.
• Technical chart patterns will also provide
insights to future market movement of the
currency prices, which is the foundation of
technical analysis.

3. • Most trading charts are now presented in the
form of candlesticks. The candlestick is the
graphic representation of the price bar: the open,
high, low, and closing price of the period.
• The candlestick has become a widely used tool in
online forex trading because it graphical
representation provides useful information
compared to other charts types.

4. When you use trading software with visual charting
capabilities, there are many patterns that you must
learn to identify. Most common and basic technical
chart patterns include triangles, pennants, flags,
wedges, head and shoulder and rectangle channels.

5. Why is visual charting an important
skill in forex trading?

6. • * Visual chart patterns allows technical trader
to focus only on price action without using
other complicated indicators that manipulate
price action with complicated formula which
further confused a trader.

7. • * Fundamentals appear quickly in price
movements, therefore by observing the charts
a trader is able to monitor not only the news,
but also get first-hand knowledge on how
market participant react to each news report.

8. • * Trends are visible and repetitive. With a little
bit of skill and experience, trend can easily be
identified on a visual chart.
• Then, forex trader can perform trend analysis
straight from the chart using envelope ,
trendline tools, Fibonacci tools and pitch fork
to create a channel where boundaries can be
defined to perform trade entries and exits.

9. Visual Chart Trader is Your Edge to
Forex Trading

10. • A visual chart trader ensures that the trader
can better trade technical chart patterns in
three ways. It provide an objective third-party
verification of chart patterns formation,
initiate trade immediately

11. chart patterns less subjective in nature
as the trader using the visual chart
trader has to programme its trading
rules by way of drawing lines onto the
chart for trading later.

12. • Most importantly, the trendline ea (visual
chart trader) make full use of the traders’
technical analysis plan and initiate trade
entries and exits according to traders’ trading
plan. This way of trading will reduce traders’
emotions while trading and make trading less
stressful.

13. • Forex charts are the primary tool for technical
analysis. With trendline ea ,you can both
analyze the price patterns and initiate trade
entries and exit at the same time. Everything
about Forex charting can be learned and if you
do your homework and use the trading tools
for visual chart trading, you should have an
edge and be rewarded with the opportunity,
to make gains in the forex market.

14. More information can be found at this url :

15. http://www.prweb.com/releases/2013
/3/prweb10509051.htm

16. About the Author
• Warren Seah is the author of the book titled
‘How to be a Currency Trader’ found on the
Amazon Kindle Market.
• He has built a forex software brand called
Flagforex which has over 400 satisfied customers.
He personally has been developing forex software
that serves to automate forex traders strategy
plans thereby, freeing up their time to monitor
the market.

17. • For more information on working with visual
chart trading tool on MT4, head to this url
now:
• http://www.ForexGeometry.com