High Probability Breakout Trendline

5


⭐⭐⭐⭐⭐H I G H - P R O B A B I L I T Y - B R E A K O U T   T R E N D L I N E   I N D I C A T O R  ⭐⭐⭐⭐⭐

This is no ordinary trendline indicator. It has a highly-probability algorithms incorporated in the script to display only trendlines that may give a very high chance of price breakout. The indicator is not a stand alone indicator. Trader should interpret it together with their very own analysis technique to come up with a more efficient trading strategy. You can use with it other trend indicators like Bollinger Band, Parabolic SAR, or Ichimoku Kinko Hyo.  
    


⚡⚡  V E R Y  I M P O R T A N T   ⚡⚡

  • This is not a stand alone indicator. Use it with your own trend-following strategy for confirmation.  
  • You can put it in any charts and timeframes.
  • If there is no trendline appears in some timeframes, it means there is no possible high probability breakout.
  • If you don't have a solid trend-following strategy yet, you can use this indicator together with the VOLATILITY WATCHER INDICATOR. You can download it from this link... https://www.mql5.com/en/market/product/46475
  • You may also need to observe overbought and oversold status of your pair by using the OBOS WATCHER. You can download it form this link...https://www.mql5.com/en/market/product/47894 

💎💎  F E A T U R E S  💎 💎

💎💎  A P P L I C A T I O N  💎 💎

  • Trend Following  only.
  • For risk management, you can use your own Stop-Loss and Take Profit methods.
  • For money management, you can choose to use your own style depending on your risk appetite.
  • CONFIRMATION: When the current candlestick (rightmost bar) breaks the line, it confirms your trend-following analysis.





Comentários 7
SandPaddict
129
SandPaddict 2022.09.24 18:07 
 

Wow thank you for this indicator. I've been looking for a good trendline indicator for awhile. This is the first that actually is usable. Nice job! Draws trendlines the way they should be drawn! Thank you Joel!

nightcreow
94
nightcreow 2020.07.28 07:02 
 

nice indicator

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Dadas
311
Dadas 2024.04.10 23:22 
 

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SandPaddict
129
SandPaddict 2022.09.24 18:07 
 

Wow thank you for this indicator. I've been looking for a good trendline indicator for awhile. This is the first that actually is usable. Nice job! Draws trendlines the way they should be drawn! Thank you Joel!

sunnychow
9043
sunnychow 2021.02.19 18:12 
 

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Valentin Butorin
4146
Valentin Butorin 2020.10.03 14:10 
 

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19682000 Lopez
135
19682000 Lopez 2020.08.01 21:56 
 

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nightcreow
94
nightcreow 2020.07.28 07:02 
 

nice indicator

Aravind Kolanupaka
10234
Aravind Kolanupaka 2020.05.09 00:29 
 

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