TrendLine Trader?

“If you are not a trendline trader you should be. By trading breakouts you can drastically decrease your screen time while taking trades that offer the best risk/reward ratios available. You don’t need a high success rate like other short term trading strategies. Even if you only make 4/10 successful trades a month, you’ll still be making a decent income. If you can draw a straight line you can make pips! www.idraw-trading.com ” – Will Schaarrand

Experience

Listen to an experienced that had his first success with only trendlines and fibonacci retracement/extension ratios back in 2009.  Why did trendline trading make a difference from success and failure?  The easiest way to put it is, Keep it simple and get rid of the indicators.  If you’re a new trader or a five year vet you probably have used or based a trading system off of trading indicators that were either freely available within your trading platform or possibly custom indicators that you gathered off the forex forums.

Clarity

 One of the most controversial topics in regards of trading indicators is the lagging factor and next would be the parameters that offer an abundent amount of user inputs. Because of these factors, traders continue to fight, chase, and not understand the market.  By moving away from these indicators, (step #1 to improving your trading success) you will be able to see the market for what it really is.  You will be looking at the day to day momentum/support/resistance and not focusing on what a trading indicator is telling you.  It all comes very clear once you learn how to apply trendlines as reference points and trading rules.

Simplicity

When you finally give up on all the overbought, oversold, moving average cross overs, stochastic 70/30 levels, and bollinger band breakout or counter trend trading, we’ll be waiting for you.   It’s just a matter of time before you join us.  It may not be this year and possibly not next, but you’ll come to realize that trading success comes from simplicity and not complexity.

Key Features
• One Cancels the Other
• Position Entry on Price Crossing of Trendline Activation Lines – Not Candle Closing
• TrendLine Channel Lines ( Trigger + Activation) Allow Cushion to Prevent False Breakout
• One Entry Per Line Crossing
• Dynamic Order Management: Several Trailing Options
• Entry Time Filter
• Unlimited License – All Live and Demo Accounts
• Development Since 2009
• Hundreds of iDRAW Demo_Version Downloads
• The Simplest TrendLine EA Available
• Traded on Live accounts Profitability
• Continued Development and Support