The trend LINE AND TREND LINE PATTERN BREAK system, works on multiple trendline patterns
formed in all charts of any time frame. So the best way to use it is to follow the higher time frame and then trade in the breakouts in that
direction.
The Trader can combine with some overbought -oversold or trend following indicator, and filter the
trades as per that.
It is a very powerful tool if used properly
In case any trader wants the Ea based on this can also ask for it in a message here with details.
This Trendlines
Chart Patterns Indicator Indicator
Is a powerful tool. It not only works on Minor and Major Trendline Breakouts - using all shapes and
patterns formed in the markets using trend lines, which are not humanly possible to decipher. It also confirmed the breakouts with the
breakout of the recent highs and lows made in the markets on all time frames. The combination of the 2 creates signals which show good
momentum.
It also provides for the multiple target levels, stop loss and also trailing stop loss for the trade
management.
It is a complete black box trading system which can be customized for the time frame traded and the
instrument traded.
This system can be used to trade any instrument as it is built using robust principles, which the
markets honor at all times.
The Trader using this tool can adjust the settings so as to optimize to best settings for any time
frame.
Below are some images to show the charts signals and how to interpret.
You need to apply it to the required chart.
The critical thing to set is the
nPeriod = 10; - This period can be set from 1 to any higher number, for example, 10 means the
trend line is formed if found over the last 10
Based on small time frames or higher time frames that are traded.
The settings can be made different.
Like if you trade the above H1 periods then try to keep around 3 or 5
If you trade M1 KEEP 10 or higher.
M5 OR M15 OR M30
KEEP 5 TO 10 ANYWHERE IN BETWEEN.
ExitAtTarget = 4; - Selection Of The Target Exit 1 To 4, so if 4 is selected then the trade details on the dashboard will become
refreshed once target 4 is reached.
This you can try for smaller targets 2 or 3 initially.
The trend LINE AND TREND LINE PATTERN BREAK system, works on multiple trendline patterns formed in all charts of any time frame. So the best way to use it is to follow the higher time frame and then trade in the breakouts in that direction.
The Trader can combine with some overbought -oversold or trend following indicator, and filter the trades as per that.
It is a very powerful tool if used properly
In case any trader wants the Ea based on this can also ask for it in a message here with details.
This Trendlines Chart Patterns Indicator Indicator
Is a powerful tool. It not only works on Minor and Major Trendline Breakouts - using all shapes and patterns formed in the markets using trend lines, which are not humanly possible to decipher. It also confirmed the breakouts with the breakout of the recent highs and lows made in the markets on all time frames. The combination of the 2 creates signals which show good momentum.
It also provides for the multiple target levels, stop loss and also trailing stop loss for the trade management.
It is a complete black box trading system which can be customized for the time frame traded and the instrument traded.
This system can be used to trade any instrument as it is built using robust principles, which the markets honor at all times.
The Trader using this tool can adjust the settings so as to optimize to best settings for any time frame.
Below are some images to show the charts signals and how to interpret.
You need to apply it to the required chart.
The critical thing to set is the
nPeriod = 10; - This period can be set from 1 to any higher number, for example, 10 means the trend line is formed if found over the last 10
Based on small time frames or higher time frames that are traded.
The settings can be made different.
Like if you trade the above H1 periods then try to keep around 3 or 5
If you trade M1 KEEP 10 or higher.
M5 OR M15 OR M30
KEEP 5 TO 10 ANYWHERE IN BETWEEN.
This you can try for smaller targets 2 or 3 initially.
SOME SCALPING EXAMPLES
Hi
i tested indicator is very good,but can u add trailing SL alert when it move up or down .
also add total profit and loss per day according to signals where we show buy and sell entry.
that will be great.
Hi
i tested indicator is very good,but can u add trailing SL alert when it move up or down .
also add total profit and loss per day according to signals where we show buy and sell entry.
that will be great.
Hi
one more thing on alert it only send SL not send TP1 ,TP2 and so on.
please fix this as well