GO Trendline Breakout
- Indicateurs
- OLIVER GYILA
- Version: 1.0
- Activations: 5
GO Trendline Breakout indicator is designed to find the breakouts of trendlines in the direction of the trend.
Feel free to check out my other products here : https://www.mql5.com/en/users/gyila.oliver/seller#products
the indicator implements a unique trend detection algorithm, and finds the trendlines from swing highs/lows/
The indicator implements visual alerts and push notifications.
The indicator can be used on any currency pair / stocks/ indices and on any timeframe.
How to use the indicator :
1. Find a trending pair. Do not trade in ranging markets.
2. Always check the trend on the timeframe you trade corresponds to a higher timeframe trend direction.
3. Wait for signal from the indicator.
4. Place your stop loss above/below the last swing high/low
5. Partially close your order at 1:1 risk/reward and trail your remaining position.
I am open to any idea/suggestion to improve the indicator.