High Accuracy “Trend Line Breakout Trading with MBFX Filter” – A trendline is one of the basic components of most technical analysis patterns.
Trading NOTES
- 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
Trendlines have a variety of uses in technical analysis, most fundamentally for their ability to predict levels of price support and resistance.
- Time Frame: H4 or higher
- Currency Pairs: Any
MetaTrader Trading Indicators
- Trend Line (Manual Trend Line)
- MBFX System
- ArrZZx2
- AK ZigZag
- AK ZigZag Pointer
- ZigZag Pointer
- Signal Bars
- KFSE Candle
- KFSE RSI
- KFSE Stoch Bars
BUY Rules
- Trend Line (Manual Trend Line): Price break above the downtrend line
- MBFX System: Price on the green lines area
- AK ZigZag Pointer: Up arrow
SELL Rules
- Trend Line (Manual Trend Line): Price break below the uptrend line
- MBFX System: Price on the red lines area
- AK ZigZag Pointer: Down arrow