Automatic fibonacci with alerts
by Tonny Obare · MT4
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Summary
Automated Trendlines is a polished MT4 indicator by Georgios Kalomoiropoulos that automates trendline drawing for traders who want visual clarity and time savings. Priced at $99 with a 5/5 rating, it lacks verified performance stats and is MT4-only. Viable alternatives include timers, multi-timeframe trend monitors, price action scanners, a currency strength tool for MT5, and an intraday MACD product. Choose based on your platform (MT4 vs MT5), need for execution automation, and tolerance for broker spread and drawdown risk. FxRobotEasy independently reviews every product listed.
Retail forex traders compare Automated Trendlines with alternatives because automated trendline detection promises faster setup, fewer manual errors, and clearer trade context. At $99 for an MT4-only indicator, Automated Trendlines appeals to traders who value chart cleanliness and speed but its lack of verified performance stats means due diligence is required. Alternatives offer different approaches — timers, multi-timeframe monitors, price action scanners, currency strength readings, and MACD-based intraday trend tools. Platform compatibility, broker rules, spreads, and potential drawdowns are practical realities that affect results. FxRobotEasy independently reviews all products here to help traders make informed choices.
| Metric | Automated TrendlinesMain Product | Trendopedia Ai Our bot | Automatic fibonacci with alerts | AutoLineSaver for 448 Scanner | Automatic Support and Resistance for MT4 | AutoColor PRO MT4 |
|---|---|---|---|---|---|---|
| Rating | 0.0 | N/A | 0.0 | N/A | N/A | N/A |
| Price | $99 | $149 | $30 | $30 | $50 | $30 |
| ROI | N/A | +291.1% | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 22.0% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 56.4% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 1.48 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 429 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Automated Trendlines, authored by Georgios Kalomoiropoulos for MT4, automates the detection and plotting of trendlines to reduce manual charting time. Strengths include clear visual signals, customization options for sensitivity and appearance, and a professional 5/5 rating. At $99 it targets traders who prefer discretionary decision-making with automated chart aids. Weaknesses: it is MT4-only and has no verified performance statistics available, so you must test it on demo accounts before risking capital. It can generate false signals in choppy, sideways markets and will not manage execution, so broker spreads, execution speed, and drawdown risk remain important. Suitable users are discretionary traders and swing traders who want cleaner charts without coding. FxRobotEasy independently reviews this product and recommends backtesting and cautious position sizing when deploying any indicator live.
by Tonny Obare · MT4
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Automated Trendlines is a solid MT4 indicator for traders who want automated chart structure with minimal fuss, priced at $99 and rated 5/5, though it lacks verified results. Alternatives offer complementary strengths: timers for timing, multi-timeframe monitors for context, price-action scanners for raw patterns, a currency strength MT5 tool, and an intraday MACD product. Platform compatibility, broker spreads, execution speed, and drawdown risk should guide your choice. If you prefer automated order management, consider FxRobotEasy bots as a verified alternative. Always demo-test, size positions conservatively, and consult independent reviews from FxRobotEasy before buying.
Automated Trendlines can be worth buying if you trade on MT4 and value automated chart structure and time savings. It costs $99 and has a 5/5 rating, but there are no verified performance stats. Test it on a demo account, check how it behaves with your broker’s spreads and execution, and use proper risk management because indicators don’t guarantee profits and drawdowns remain possible.
The best alternative depends on your needs: choose MTF Trend Monitor if you need multi-timeframe confirmation, STRAT Price Action Scanner for pattern-based setups, Haven Candle Timer for precise timing, Currency Strength Meter Pro if you trade on MT5, or MACD Intraday Trend PRO for momentum-focused intraday trading. Each alternative has no verified performance stats, so demo testing against your broker conditions is essential.
Automated Trendlines runs on MT4, so it will work with brokers that support MetaTrader 4. However, broker-specific factors like spreads, execution latency, and slippage affect real-world use. The indicator does not execute orders, so you must manage entries and risk manually or integrate a trade manager. Always test the indicator on your broker’s demo account to observe how it performs under your broker’s market conditions and avoid unexpected drawdowns.
While evaluating Automated Trendlines and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+291.1%
Total Return
22.0%
Max Drawdown
56%
Win Rate
429
Total Trades