Why use the TrendLines Breaker indicator?

Trendlines work like horizontal supports and resistances. They are key price levels that traders closely watch. Significant price movements often follow the trendline breakouts. The trendLines Breaker indicator recognizes the trendlines and detects their breakouts. It displays the signals on your chart with the take profits and the stop-losses.

✅ The trendline breaker indicator will allow you to capitalize on large price movements

TrendLines Break Indicator: Capitalize on large price movements

1. Buy and sell at the best time

The TrendLines Breaker indicator will help you trade trendlines on your Prorealtime platform. It detects trendline breakouts and displays signals on your charts.

You can select four types of signals in the indicator settings: 

1. Falling Trendline Breakup
2. Falling Trendline Retests
3. Rising Trendline Breakdown
4. Rising Trendline Retests

✅ You will buy and short-sell the market at the best time

2. Trade in the trend

Trend following is one of the most profitable strategies. It consists of opening positions in the market’s direction: buying bullish markets and selling bearish markets. It is simple, and it works!

Trading in the trend will increase your success rate and expected profit per trade. By following the trend, you can pyramid your position and gradually raise your stop-loss. This significantly increases your profit and reduces the risk.

The TrendLines Breaker indicator provides a trend filter. By checking the “in the Trend” box, the indicator will only display buy and sell signals in the trend.

✅ You will benefit from bull and bear markets

a) Uptrend continuation signal

The TrendLines Breaker indicator detects the breakout of the falling trend lines during bull markets. It displays the buying signal on the chart.

✅ You will benefit from the uptrend continuation

TrendLine Break Indicator: UpTrend Continuation Signal

b) Downtrend continuation signal

The TrendLines Breaker indicator detects the breakout of rising trend lines during the bear markets. It displays the short-selling signal on the chart.

✅ You will benefit from the downtrend continuation

TrendLine Break Indicator: DownTrend Continuation Signal

3. Take advantage of trend reversals

Trend reversal consists of capitalizing on the change of a long-term trend. This strategy can be very profitable with minimal mastery and good tools.

The TrendLines Breaker indicator provides a reversal trend filter. By checking the “Reversal” box, the indicator will only display the trendlines in a counter-trend.

This allows you to take a position at the beginning of a new trend and take advantage of the movement’s entire amplitude.

✅ You will take advantage of bullish and bearish reversals

a) Bullish Reversal signal

The TrendLines Breaker indicator detects the breakout of the falling trend lines during bear markets. It displays the buying signal on the chart.

✅ You will take advantage of bullish reversals

TrendLine Break Indicator: Bullish Reversal Signal

b) Bearish Reversal signal

The TrendLines Breaker indicator detects the breakout of the rising trend lines during bull markets. It displays the short-selling signal on the chart.

✅ You will take advantage of bearish reversals

TrendLine Break Indicator: Bearish Reversal Signal

4. Improve your performances

Although trendline breakouts give excellent signals, you can improve the performance of this strategy. The TrendLines Breaker indicator allows you to validate and confirm signals with breakout validation and volumes.

✅ You will focus on the most promising signals

a) Breakout validation filter

The TrendLines Breaker indicator contains options that allow you to keep only validated breakout and retest signals.

✅ You will increase your probability of success

TrendLine Break Indicator Breakout Validation

b) Confirmation with volumes

The TrendLines Breaker indicator has an option that will allow you to filter signals with volumes.

✅ You will focus on the signals with the most potential for gains

TrendLine Break Indicator: Signal Confirmation with Volumes

5. Manage your risk

Risk control is fundamental in trading. No strategy can be a winner in 100% of cases. The TrendLines Breaker indicator will help you control your risk.

It displays the predetermined levels of price targets and stop-losses, calculated according to the technical configuration surrounding the signal.

✅ You will optimize your gains and limit the losses

TrendLine Break Indicator: Target and Stop-loss

6. Customize the indicator to your needs

The TrendLines Breaker indicator is entirely customizable. You can select the type of lines, define their length, set the signal filters, adjust the targets and the stoploss levels, and configure the display.

✅ You will adapt the indicator to your strategy

TrendLine Break Indicator: Setting Panel

7. Find Opportunities in Real-Time

Today, there are nearly 200,000 assets listed on the market. Looking for trading opportunities can quickly become very time-consuming. The TrendLines Breaker indicator is provided with a market scanner. It will help you find real-time opportunities on the market. The screener works on all types of assets in all time frames.

✅ You will find opportunities for day trading and swing trading

TrendLine Break Scanner for Prorealtime