The Trendline Breakout Forex Swing Trading Strategy




This is a very reliable swing trading strategy that is direct and easy to understand. all you have to do is draw a trendline.
To draw trendlines, you must connect 2 lower swing highs for downward trendlines and 2 higher swing lows for upward trendline.
There can be an entry after the price breaks the trendline but it can be early to enter. What you will do is wait for the candle to close first before you place an order.
Use this method on a higher timeframe from 1-hour and up and this is applicable to any currency pairs.

Rules for buying:

  1. Draw a downward trendline.
  2. The price must break the downward trendline and close above.
  3. Place your buy stop order 2-5 pips above the candle that breaks the trendline.
  4. Place your stop loss 2-5 pips below the low of the candle that breaks the trendline.
  5. Exit when the opposite trendline is broken.

Rules for Selling:

  1. Draw an upward trendline.
  2. The price must break the upward trendline and close below the trendline.
  3. Place your sell stop order 2-5 pips below the candlestick.
  4. Place your stop loss 2-5 pips above the high of the candlestick.
  5. Exit when the opposite trendline is broken.

Trade Management:

To manage the trade, you can trail the stop by using the swing points and place your stop loss behind them as price moves in favor.
Use AUDUSD H4 chart to open the template.

How to install The Trendline Breakout Forex Swing Trading Strategy?


  • Download The Trendline Breakout Forex Swing Trading Strategy.zip
  • Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
  • Copy tpl file (Template) to your Metatrader Directory / templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex strategy
  • Right click on your trading chart and hover on “Template”
  • Move right to select The Trendline Breakout Forex Swing Trading Strategy
  • You will see The Trendline Breakout Forex Swing Trading Strategy is available on your Chart

Click here below to download:

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...

Cari info FX di Blog ini :