Last updated:
Advanced Trendlines trading System
This strategy uses a EURUSD and GBPUSD pairs in a 1 minute and 5 minute timeframe. Indicators needed are listed below:
- 75 EMA (1min Chart),
- 50Ema (5min Chart)
- Advanced Trendline
Rules for Long Entry:
- The 50 exponential moving average is sloping up and the currency exchange price is trading above the 50EMA.
- Draw falling trend lines in the uptrend.
- Go long if the price breaks and closes above the falling trendline.
- Place your stop loss 3 pips below the breakout candlestick.
- Stop loss should not exceed 15 pips, minimum stop loss is 10 pips.
- Take profit at 8 pips for EURUSD and 10 pips for GBPUSD.
Rules for Short Entry:
- The 50 exponential moving average is sloping down and the currency exchange price is trading below the 50EMA.
- Draw rising trend lines in the downtrend.
- Go short if the price breaks and closes below the rising trend line.
- Place your stop loss 3 pips above the breakout candlestick.
- Stop loss should not exceed 15 pips, minimum stop loss is 10 pips.
- Take profit at 8 pips for EURUSD and 10 pips GBPUSD.
Level up your trading
Learn to read the chart — not just the indicator
eBook · Instant PDF
The Candlestick Playbook
Read and trade 40+ candlestick patterns — with exact entries, stops and exits.
Video Course · 12 modules
The Price Action Masterclass
Read clean charts the no-indicator way — pin bars, support & resistance, entries and exits.
Recommended MT4/MT5 Brokers
XM
- ✓ *FREE *$50 to start (withdrawable)
- ✓ Deposit bonus up to $5,000
- ✓ Negative balance protection
Trading forex and CFDs carries a significant risk of loss and is not suitable for everyone. Broker links are affiliate links — we may earn a commission at no cost to you.
Forex Strategy Download:
Enter Your Email Address below, download link will be sent to you.
Get Download Link