an interesting trend line breakout strategy!!
Re: Something interesting please post here (Metatrader)#2421
"There is NO GOD higher than TRUTH" - Mahatma Gandhi
I made a request for it to be converted to MT4 a while back, hopefully someone will look into it:)
What is the name of it? Or where can i find it?
i check in trading view,Sepo wrote: ↑Sat Nov 19, 2022 9:56 pmhttps://youtube.com/shorts/_3bHRDF6tCM?feature=share
sal wrote: ↑Sun Nov 20, 2022 1:31 ami check in trading view,
this setting as shown in video is not always get.. you cannot blindly trust these trend line breakout indi.
when you watch any video, they will not show the failure part
now i am setting my binary proven strategy where lot of traders also trading in this same strategy..
if the price cross down/touch (extreme) Keltner channel; RSI and stoch touch / cross OS level - buy
for sell just opposite
but if a strong trend , these positions is a breakout and all traders loose money. (mine also)
now i am trying to get the breakout when its happen we can find with these trend lines combination ( 25, 50, 75 &100 periods) confirmed lines .
in snap i plot vertical lines and arrows for the above market situation (reversal and breakout positions) . try in demo ..
Note:_ dont think you will get more signal in single currency pair,. bez. rsi and stoch ob/os reach positions are rare per day.
IF expert coders can help to make arrows based on these rules will be great to community.. Mr. tools and other hidden coders please response.
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