Trendline Trading System

yuv

Moderator
Timeframes
M1, M5 or M15


Buy Rules
1. Daily candle is Green
2. RSI is above 50
3. MFI is above 50
4. Uptrend (7 EMA is above 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from highest swing
7. Wait for price to break above trendline and bar is closed
8. Set your SL/TP (From 10 to 30pips

buy.JPG




Sell Rules
1. Daily candle is Red
2. RSI Filter is below 50
3. MFI Meter is below 50
4. Downtrend(7 EMA is below 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from lowest swing
7. Wait for price to break below trendline and bar is closed
8. Set your SL/TP (From 10 to 30pips)

sell.JPG
 

Attachments

  • TrendLine.zip
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Last edited by a moderator:

beytullah

New Member
yuv said:
Timeframes
M1, M5 or M15


Buy Rules
1. Daily candle is Green
2. RSI is above 50
3. MFI is above 50
4. Uptrend (7 EMA is above 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from highest swing
7. Wait for price to break above trendline and bar is closed
8. Set your SL/TP (From 10 to 30pips




Sell Rules
1. Daily candle is Red
2. RSI Filter is below 50
3. MFI Meter is below 50
4. Downtrend(7 EMA is below 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from lowest swing
7. Wait for price to break below trendline and bar is closed
8. Set your SL/TP (From 10 to 30pips)
 
Last edited by a moderator:

ysewellam

New Member
why 3 posts???


Isnt this strange!!!


beytullah said:
yuv said:
Timeframes
M1, M5 or M15


Buy Rules
1. Daily candle is Green
2. RSI is above 50
3. MFI is above 50
4. Uptrend (7 EMA is above 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from highest swing
7. Wait for price to break above trendline and bar is closed
8. Set your SL/TP (From 10 to 30pips




Sell Rules
1. Daily candle is Red
2. RSI Filter is below 50
3. MFI Meter is below 50
4. Downtrend(7 EMA is below 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from lowest swing
7. Wait for price to break below trendline and bar is closed
8. Set your SL/TP (From 10 to 30pips)



ok


how to download it???
 
Last edited by a moderator:

marjuki95

New Member
yuv said:
Timeframes
M1, M5 or M15


Buy Rules
1. Daily candle is Green
2. RSI is above 50
3. MFI is above 50
4. Uptrend (7 EMA is above 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from highest swing
7. Wait for price to break above trendline and bar is closed
8. Set your SL/TP (From 10 to 30pips




Sell Rules
1. Daily candle is Red
2. RSI Filter is below 50
3. MFI Meter is below 50
4. Downtrend(7 EMA is below 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from lowest swing
7. Wait for price to break below trendline and bar is closed
8. Set your SL/TP (From 10 to 30pips)

Nice info thanks
 
Last edited by a moderator:

Manuel Ferrera

New Member
Loss is a part of forex trading. There are some traders who can not bear the losses. But if you want to make profit from the market you have to be positive. If you take decision emotionally after the loss, it can be more dangerous. You should have the confidence to recover that losses and convert the losses into profits.
 

Doherty James

New Member
Every strategy got its weak and strong points, so it’s really very much with how one follows that. I work with FreshForex, as they have kind of system which is classic with having low spreads, fast execution of trades and much more. It all contributes to working right for me.
 
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