Trendline Scalping System - MT4/MT5 Resources
rule 
selling rules
1. Daily candle is red
2. RSI filter below 50
3. MFI Meter is lower than 50
4. Downtrend (7 EMA below 20 EMA)
5. Price pulls back within 7 and 20 EMA
6. Draw trend lines starting from the lowest volatility
7. Wait for price to fall below the trend line and the bar to close
8. Set stop loss/take profit (from 10 to 30 pips)
Main concepts
Indicators and templates
schedule
M1, M5 or M15
Buying rules
1. The daily candle is green
2. RSI above 50
3. MFI is above 50
4. Uptrend (7 EMA above 20 EMA)
5. Price pulls back within 7 and 20 EMA
6. Draw a trendline from the highest volatility
7. Wait for price to break above the trend line and for the bar to close
8. Set stop loss/take profit (from 10 to 30 pips)
selling rules
1. Daily candle is red
2. RSI filter below 50
3. MFI Meter is lower than 50
4. Downtrend (7 EMA below 20 EMA)
5. Price pulls back within 7 and 20 EMA
6. Draw trend lines starting from the lowest volatility
7. Wait for price to fall below the trend line and the bar to close
8. Set stop loss/take profit (from 10 to 30 pips)
Main concepts
Indicators and templates
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