This is a well know trend line breakout strategy by Tom DeMark. The only difficulties traders had earlier were all about constantly drawing trend lines and calculating profit targets. As you can see, the indicator not only draws automatic trend lines, it also shows profit targets or exit levels. TD Line Qualifiers and potential filters. I seem to be having problems uploading that indicator to my mt4, i am using fxcm mt4. I copied to short cut and pasted it in my indicator file, i just cant seem to find it under custom indicators, am i doing something wrong?
Check if you've done everything right: How to add MT4 indicators. Should the problem remain or you still have some questions, please feel free to ask. Well this the only best system that you can trade safely. I feel that one day i will run away from indicators and trade only with the behaviour of candles. When the conditions are met I watched fine Breakouts. The problem is that the targets were never reached half the way in various cases.
Hi Edward, I can not open strategy part1, part2 and part3. Could you please check the links if everything is ok? If so, could you please e-mail these files to me? Thank you in advance. The MT indicator signals after the price breaks the line even if the 4H candle opened before that line break. Active traders Poll - share your live experience or read what others have to say.
Forum What is Forex? Who's online There are currently 13 users online. Submitted by Edward Revy on June 25, - With a help of custom MT4 indicator this problem was solved. Two variations of the same indicator: Submitted by I on June 26, - Hi Navin Thanks for the new stratgy, i am a big fan of trendline and heard allot about Tom. Submitted by Edward Revy on June 26, - Yaah , do agree with you , this is the best indicator I've seen so far.
Submitted by Van Gogh on June 30, - Hello, Anybody already tested this system? What is your experience? Best Regards, Van Gogh. Submitted by onenonur on June 30, - Thank you in advance my e-mail: Submitted by Edward Revy on June 30, - I'll email files to you, no problem. Submitted by Van Gogh on July 1, - Appreciate if you could help me here. Free e-books Currency Index Forex bonus Video course.More...