Trend Following Indicators, Free Forex Indicators (MT4)

Advanced Trendline Scalping Strategy

Advanced Trendline Scalping Strategy has come up with an excellent idea to trade the Forex trend in a simplest but most effective way. It has been designed with two most powerful trading indicators which plot logical trade signals with better accuracy level.

Advanced Trendline Scalping Strategy is considered as the best Forex trading strategy in terms of short term market trading as it has excellent track record with consistent trading performances. Besides, this amazing Forex tool is usable at any Forex currency pair and also fits best with all sort of lower timeframe charts like M1 to M15.

Advanced Trendline Scalping Strategy Overview:

After the installation of Advanced Trendline Scalping Strategy at your Forex MT4 terminal, your trading chart will be appeared as the following image:

Advanced Trendline Scalping Strategy Overview
Time FrameCurrency PairsIndicator FactorsRatings
M1 to M15Any29.7/10

Advanced Trendline Scalping Strategy Anatomy:

Advanced Trendline Scalping Strategy Anatomy
Advanced Trendline Scalping Strategy Anatomy
  • Advanced Trend line: This indicator plots trend line slopes automatically for its users. A red colored line above the price level is considered as the bearish trend line. On the other hand a blue colored slope below the current price level is justified as the bullish trend line.
  • 50 EMA: 50 EMA represents the 50-day period Exponential Moving Average. As like as other moving averages, 50 EMA works with the same manner. Price closes and holds above its level signals the bullish trend and in a contrary, price closing and holding below its level is considered as the bearish trend.

Trending Strategy: Bollinger Squeeze & Rainbow Indicators

Advanced Trendline Scalping Strategy: Buy Parameters

Advanced Trendline Scalping Strategy Buy Parameters
  • Price is supported by the blue colored Advanced Trend Line
  • Price is closing and holding above the 50 EMA
  • A bullish price bar is formed at the same time
  • Buy triggers when all of the above conditions are met
  • Set stop loss below the current swing low
  • Take profit whenever price reaches the upper red colored Advanced Trend Line level and a bearish bar is formed at the same time

Advanced Trendline Scalping Strategy: Sell Parameters

Advanced Trendline Scalping Strategy Sell Parameters
  • Price is resisted by the red colored Advanced Trend Line
  • Price is closing and holding below the 50 EMA
  • A bearish price bar is formed at the same time
  • Sell triggers when all of the above conditions are met
  • Set stop loss above the current swing high
  • Take profit whenever price reaches the lower blue colored Advanced Trend Line level and a bullish bar is formed at the same time
Free Download Advanced TrendLines

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I have been actively trading stocks and currencies since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund which has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

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About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.