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The 5 Trend Line Rule

Introduction

According to Martin Armstrong, looking at a lot of major bear & bull markets, one curious rule has emerged and its called The 5 Trend Line Rule. There appears to be a total of 5 false breakouts in a major bear or bull market before breaking out, the 6th breakout seems to be the charm. How do we qualify a real breakout from just another false move? This seems to be easily distinguished when the 6th rally/fall finally exceeds the high/low of the 5th false break out (on a closing basis).


Parameters

  • Show 3 Time Unit Rule: True/False
  • Pop-Up Alert: True/False
  • Email Alert: True/False
  • Mobile Alert: True/False

Comentários 11
Ken
66
Ken 2020.07.10 06:06 
 

I bought this along with the author's new "trap move" indicator. This is a very interesting way of looking at the swings, I'm not certain of the principle behind it, but I think it may be a bit like how GANN swings work. What I find for me is that the 4th swing seems to be the one to look for a trend change/breakout from. I will be adding this to the arsenal in looking at trend changes.

nakayui818
330
nakayui818 2020.06.15 08:24 
 

very good product! I rent it at first and make money very fast so I bought it again,thank you very much!

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Or " MAC ". ⭐⭐⭐⭐⭐ This is an indicator designed to help you capture and trade the trend. The idea behind this indicator can be explained in the next steps: Draw a fast-moving average Envelope. Draw a slow-moving average Envelope. The MAC Upper Band is the highest value between the high of both Envelopes. The MAC Lower Band is the lowest value between the low of both Envelopes. The MAC Histogram Cloud fills the distance between two bands to show you change in direction. Blue Cloud indicates th
60 USD
Naked Forex Tweezer Pro Indicator for MT4
Renaud Candel
Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let user
177 USD
Bruces Price Predictor
Bruce Webb
*Non-Repainting Indicator Message Me Immediately After Purchase For VIP Installation Help and Free Strategy     Bruce's Price Predictor is an indicator that shows precise price reversals. A great arsenal to add to any chart.  Bruce's Price Predictor points price reversals with high degree of accuracy and it is great for scalping on the 1min time frame, Or swing trading on the 1hr time frame. Buy and sell arrows are shown on the chart as for entry signals. They do not repaint but confirmation ent
50 USD
Currency Strength Exotics
Bernhard Schweigert
CURRENTLY 20% OFF !! ⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures . Is first of its kind, any symbol can be added to the 9th line to show TRUE CURRENCY STRENGTH of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your
128 USD
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Selcan Atmaca
355
Selcan Atmaca 2020.07.16 12:22 
 

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Ken
66
Ken 2020.07.10 06:06 
 

I bought this along with the author's new "trap move" indicator. This is a very interesting way of looking at the swings, I'm not certain of the principle behind it, but I think it may be a bit like how GANN swings work. What I find for me is that the 4th swing seems to be the one to look for a trend change/breakout from. I will be adding this to the arsenal in looking at trend changes.

nakayui818
330
nakayui818 2020.06.15 08:24 
 

very good product! I rent it at first and make money very fast so I bought it again,thank you very much!

jmhuang
738
jmhuang 2020.06.13 20:31 
 

i bought both the 5 trend line rule and Martin Armstrong Cycles but unfortunately nothing shows on my mt4 platform when i downloaded and checked the dll etc FRUSTRATED!

sudhindra
492
sudhindra 2020.06.12 10:40 
 

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jcastillo117
394
jcastillo117 2020.06.11 22:44 
 

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forex7687
74
forex7687 2020.06.11 18:50 
 

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M Iqbal Akbar
398
M Iqbal Akbar 2020.06.11 17:16 
 

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Baboloki Mathabe
288
Baboloki Mathabe 2020.06.11 15:45 
 

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Wan Ping Fei
1662
Wan Ping Fei 2020.06.11 15:09 
 

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Raiden1
344
Raiden1 2020.06.11 14:02 
 

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Responder ao comentário
Versão 1.30 2020.07.10
Fixed a bug in Alert System.
Versão 1.20 2020.07.04
Added option in settings to show/hide the 3 time unit rule qualifier.
Versão 1.10 2020.06.18
3 Time Unit Qualifier Added