Trendline Demark Forex Breakout Strategy

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Trendline Demark Forex Breakout Strategy

This strategy is based on a trendline price action. This will guide us when to buy or sell, where to place stop loss and target profit. Aside from forex, this can be used also to other markets, such as CFD,
futures, indices and metals. Use this strategy on a 1 hour or higher timeframe.

Forex Indicators:

  • Demark Breakout
  • BB band stop alert

Rules for LONG entry:

  • Price must break the area above the blue line.
  • Last arrow signal was from a blue arrow/dotted blue line.
  • Place stop loss at the dots after you enter the market.
  • Take profit at the horizontal target line.

Rules for SHORT entry:

  • Price must break the area above the red line.
  • Last arrow signal was from a blue arrow/dotted blue line.
  • Place stop loss at the dots.
  • Take profit at the horizontal target line.

NOTE:

  • There will be no trade if conditions are not met.
  • Use trail stop to lock your profit.


Forex Trading Strategies Installation Instructions

Trendline Demark Forex Breakout Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.

The essence of this forex strategy is to transform the accumulated history data and trading signals.

Trendline Demark Forex Breakout Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust this strategy accordingly.

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How to install Trendline Demark Forex Breakout Strategy?

  • Download Trendline Demark Forex Breakout Strategy.zip
  • *Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
  • Copy tpl file (Template) to your Metatrader Directory / templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex strategy
  • Right click on your trading chart and hover onTemplate
  • Move right to select Trendline Demark Forex Breakout Strategy
  • You will see Trendline Demark Forex Breakout Strategy is available on your Chart

*Note: Not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 Indicators from the MetaTrader Platform.

Click here below to download:

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