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Follow The Line System

  • #1
  • First Post: Edited Oct 28, 2022 1:23am Oct 27, 2022 11:08pm | Edited Oct 28, 2022 1:23am
I traders, I'm trying out a little system I tweaked for my own use.
I downloaded the Follow The Line indicator from another site and also added a few of my own rules.
It is a Trend Following System that's easy to use and seems quite good.
The system has 3 indicators which are great, I also use Support & Resistance with this system.
Anyway will see what the outcome is at the end of November.

The Blue Line is the 50EMA
The Bottom Area also will give you the Signal to trade.
WAIT FOR THE PULLBACK BEFORE PLACING A TRADE.
At the writing of this info I have Placed a BUY TRADE On AUDUSD TF = 1HR.
Basically I've placed the FOLLOW THE LINE indicator above the 50EMA in stead of the 21EMA
PLEASE NOTE YOU CAN FIND THESE INDICATORS ON THE MQL5 Market PLACE
Hope You Make Lots Of Positive Trades With This System.

Attached Image (click to enlarge)
Click to Enlarge Name: Follow The Line System.png Size: 26 KB
Attached File(s)
File Type: ex4 Follow The Line.ex4   9 KB | 643 downloads
File Type: ex4 Jump on the Bandwagon.ex4   39 KB | 550 downloads
File Type: tpl Bob System.tpl   68 KB | 431 downloads
  • #2
  • Oct 28, 2022 12:02am Oct 28, 2022 12:02am
Attached Image (click to enlarge)
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  • #3
  • Oct 28, 2022 12:50am Oct 28, 2022 12:50am
Quoting bobhowson
I traders, I'm trying out a little system I tweaked for my own use. I downloaded the Follow The Line indicator from another site and also added a few of my own rules. It is a Trend Following System that's easy to use and seems quite good. The system has 3 indicators which are great, I also use Support & Resistance with this system. Anyway will see what the outcome is at the end of November. The Blue Line is the 50EMA The Bottom Area also will give you the Signal to trade. WAIT FOR THE PULLBACK BEFORE PLACING A TRADE. At the writing of this info...
You can't share directly these indicators. They are from the MQL5 market. Each user must install from the Market tab of their platform.
MT4/MT5 EAs/Indicators/Alerts coder
  • #4
  • Oct 28, 2022 1:25am Oct 28, 2022 1:25am
Sorry About That, I Didn't Realise..
  • #5
  • Oct 28, 2022 2:03am Oct 28, 2022 2:03am
Quoting laksior
{image}
excuse me, if I understand you correctly; you use EMA50 and EMA20 (or EMA21 or Follow the line).
This is a really innovative and revolutionary approach, I must say.
Maybe you could also elaborate what makes the "follow the line"-indicator any better than a "normal" EMA20?
  • #6
  • Last Post: Oct 28, 2022 4:34am Oct 28, 2022 4:34am
Quoting bobhowson
I traders, I'm trying out a little system I tweaked for my own use. I downloaded the Follow The Line indicator from another site and also added a few of my own rules. It is a Trend Following System that's easy to use and seems quite good. The system has 3 indicators which are great, I also use Support & Resistance with this system. Anyway will see what the outcome is at the end of November. The Blue Line is the 50EMA The Bottom Area also will give you the Signal to trade. WAIT FOR THE PULLBACK BEFORE PLACING A TRADE. At the writing of this info...
Bob its kool to have you here please can you give a link to download the ...(.jump..)..indi i only met the EA at mql5 and its expensive, however i have been able to download Follow The Line, heres my own contribution to this thread a moving average with alert
and arrow, you can choose from the input any level of moving average whether 50 ema etc and a dashboard here on ff that can give you the current strength of any pair you want to trade. Keep it up
Attached Image (click to enlarge)
Click to Enlarge Name: FO R BOB.PNG Size: 26 KB
Attached File(s)
File Type: mq4 MA ribbon.mq4   7 KB | 424 downloads
File Type: ex4 csDash.ex4   140 KB | 452 downloads
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