Trendline Reversal/Retest
Basic Indicator
The 'Trendline Retest Indicator' enables traders to enter positions with an optimal risk-reward ratio by triggering trades when the price retests a trendline. This approach helps follow trends effectively while minimizing risk.
Intermediate
follow trends
$99.00
Key Features
- Never miss a trade
- Enter when the price touches the trendline, ensuring optimal risk-reward
References Indicator
Fixed Range Volume Profile (FRVP - Drag on chart)
How to Use
- Just draw the trendline and combine with FRVP for take profit.
- You can choose to readjust the trendline if conditions change.
Recommended Settings
Stop Loss: Wick or last 4 wicks + %
Recommended to set breakeven condition since this is chasing the trend.
$99.00