Trendline Metatrader Forex Scalping Strategy
This is a scalping system based on the breakout trendline filtered by the trade4xpro indicator. This is useful in EURUSD and GBPUSD pairs. This is a multi-timeframe system. This is useful in a 1-minute chart.
Metatrader indicators:
- Support RTF indicator
- advance trendline
- Trade4xpro
- TD
- trade4xpro direction
Long Entry:
- Trendline trade direction is up.
- TD direction is up.
- The breakout of advance trendline indicator for entry must be a buy.
Short Entry:
- Trendline trade direction is down.
- TD direction is down.
- The breakout of the advance trendline indicator for entry must be a sell.
You can re-enter with the same direction.
Exit Position:
- Place initial stop loss at 10 -15 pips, after 7 pips in gain move stop loss at the entry point.
- Target profit at 8-10 pips.
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