Mouteki (Multi Trendlines) MQ4 Trading System and Indicator – Trend lines are probably the most common form of technical analysis in forex trading.
- DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
They are probably one of the most underutilized ones as well. If drawn correctly, they can be as accurate as any other method.
Unfortunately, most forex traders don’t draw them correctly or try to make the line fit the market instead of the other way around.
When you begin drawing trendlines it is important to remember that not every trader will draw their line the same.
Where you draw your lines may not be exactly where I place mine.
This “Mouteki MT4 indicator” is the best solution to draw a trendline correctly.