Trendline Metatrader Forex Scalping Strategy

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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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