Forex Auto TrendLines “Price Action” MT4 Trading System & Indicator

FREE DOWNLOAD “Forex Auto Trendlines MT4 Trading System and Indicator”  – A trendline is a line drawn over pivot highs or under pivot lows to show the prevailing direction of price.


Recommended Article:  MA-RSI Trend Retracement System | A Simple Moving Average & RSI Day Trading Strategy

Trendlines are a visual representation of support and resistance in any timeframe.

They show the direction and speed of price, and also describe patterns during periods of price contraction.

  • Time Frame: H1 or higher
  • Currency Pairs: Any

 

MetaTrader Trading indicators
  • TrendLine
  • RSI

 

BUY Rules


Recommended Article:  Determining Trends the Easy Way: The Use of Trend Lines in Technical Analysis
  • TrendLine: Price break the resistance Trendline
  • RSI line: Above the level 55 line

 

SELL Rules

  • TrendLine: Price break the support Trendline
  • RSI line: Below the level 45 line

[sociallocker]

[/sociallocker]

4 thoughts on “Forex Auto TrendLines “Price Action” MT4 Trading System & Indicator

Leave a Reply to Joei Cancel reply

Your email address will not be published. Required fields are marked *




Powered by: ForexWOT Trading System
Privacy Policy | Cookie Policy |  e-Mail: ForexWOT@gmail.com