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Multi-Trendlines Breakout - expert

Topic: Multi-Trendlines Breakout - expert

When the current price is below trendlines, EA will wait for upward breakout, and vice versa. Trade and popup/sound/email/mobile breakout alert options are all included at this EA, but trade option needs to be set "true" if needed. For currencies with 5 or 3 digits, targetprofit/stoploss/slippage will be automatically multiplied by 10.

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TrendlineAlert.mq4 35.95 kb, 5 downloads since 2017-03-18 

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Re: Multi-Trendlines Breakout - expert

I am sharing the simplest strategy for stress free day trading, I have ever seen anywhere else

Indicators
SMA 5,0
BB (Optional)
Time Required - Just 15 minutes daily after D1 close when new candle starts.

Avoid
Lower timeframe charts, even H4 is not reliable.
Risk - Do not take positions more than 5% of account value and do not take multiple positions of same currency (Max 2), even setup is 100% correct
Sideways pattern, see below
(Updated on 17-Dec-2016)
Long - SMA line in upward direction
Short - SMA line in downward direction
Ignore - Flat SMA line

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