What are the common strategies to trade with trendline scalping system?

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Ed Chambers
Answered 6 months, 4 weeks ago
<p id="isPasted">Basic strategies involves:</p><p>Timeframes</p><p>M1, M5 or M15</p><p>Buy Rules</p><p>&nbsp; &nbsp; &nbsp; &nbsp;1. Daily candle is Green</p><p>&nbsp; &nbsp; &nbsp; &nbsp;2. RSI is above 50</p><p>&nbsp; &nbsp; &nbsp; &nbsp;3. MFI is above 50</p><p>&nbsp; &nbsp; &nbsp; &nbsp;4. Uptrend (7 EMA is above 20 EMA)</p><p>&nbsp; &nbsp; &nbsp; &nbsp;5. Price pullback inside 7 and 20 EMA</p><p>&nbsp; &nbsp; &nbsp; &nbsp;6. Draw TrendLine from highest swing</p><p>&nbsp; &nbsp; &nbsp; &nbsp;7. Wait for price to break above trendline and bar is closed</p><p>&nbsp; &nbsp; &nbsp; &nbsp;8. Set your SL/TP (From 10 to 30pips)</p><p><br></p><p id="isPasted">Sell Rules</p><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;1. Daily candle …</p>