Trendline Breakout

Basic Indicator

The 'Trendline Breakout' indicator helps traders capture breakout opportunities by combining trendlines with volume and candles patterns for confirmation, offering a highly reliable way to make profitable trades.

Beginner
breakout trendline pattern trading

Key Features

  • Never miss a trade
  • Trade with confirmation

References Indicator

Fixed Range Volume Profile (Drag on chart)

How to Use

  • Just draw trendline and combine with FRVP for take profit
  • You can choose to readjust trendline if failed. Backtesting shows that even if you don’t adjust, it should still be profitable in the long run.
trendline_breakout1 trendline_breakout2

Recommended Settings

Wick + 1% or Line + 1%

Stop Loss Settings

  • Short Trade: 1 Opposite candle → take profit
  • Long Trade: 1 Opposite candle → move to breakeven