The Trend Lines Crossing indicator developed for Metatrader 5 specializes in finding the best possible buy & sell trend lines for any time frame.
It allows you to buy a break above the resistance trend line and sell a break below the support trend line.
The trading logic is straightforward:
- The sea-green trend line represents resistance. Buy when the price breaks above this line.
- The red trend line represents support. Sell when the price breaks below this line.
You can customize the indicator according to your preferences by adjusting the following inputs and parameters: resistance trend line color, and support trend line color.
For optimal results, we recommend becoming familiar with the Trend Lines Crossing indicator and thoroughly testing it on a demo account.
This will help you gain confidence in its performance and understand its effectiveness in different market conditions.
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trendlinescrossing.mq5 Indicator (MT5)
Chart Example GBPAUD M5
The image below displays the appearance of the Trend Lines Crossing indicator on the MT5 charting platform.
How To Buy And Sell Pairs Utilizing The Trend Lines Crossing Forex Indicator?
Find a simple trading example below:
Buy Signal
- A buy signal is confirmed when the candle closes above the upper resistance trend line.
- Execute a buy trade and set a stop-loss order below the most recent support level.
- Close your buy position when the price reaches your predetermined profit target.
Sell Signal
- A sell signal is confirmed when the candle closes below the lower support trend line.
- Execute a sell trade and place a stop loss order above the most recent resistance level.
- Close your sell position when the price reaches your predetermined profit target.
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trendlinescrossing.mq5 Indicator (MT5)
Trend Line Cross & T3 MA Confirmation MT5 Trading Strategy
This strategy uses the Trend Lines Crossing Indicator to detect critical trend line breaks, combined with the T3 Moving Average Alarm Indicator to confirm momentum and trend strength.
Together, they provide accurate trade entries and reduce false signals.
Indicators Used
- Trend Lines Crossing Indicator: Signals when price breaks key trend lines, indicating potential reversals or continuations.
- T3 Moving Average Alarm Indicator: Provides alerts on trend direction changes based on the smooth T3 moving average, filtering noise, and improving timing.
Timeframes
Optimized for M15, M30, and H1 charts, ideal for intraday and short-term trend trading.
Buy Entry Rules
- The Trend Lines Crossing Indicator signals a bullish breakout by crossing above a descending trend line.
- The T3 Moving Average Alarm confirms an uptrend by generating a bullish alert or showing price above the T3 MA.
- Enter a long trade at the close of the breakout candle.
- Place a stop-loss below the broken trend line or recent swing low.
- Set a take profit at the next resistance level or use a 1.5–2x risk-reward ratio.
Sell Entry Rules
- The Trend Lines Crossing Indicator signals a bearish breakout by crossing below an ascending trend line.
- The T3 Moving Average Alarm confirms a downtrend with a bearish alert or price below the T3 MA.
- Enter a short trade on the close of the breakout candle.
- Set stop-loss above the broken trend line or recent swing high.
- Target the next support zone or apply a fixed reward-to-risk ratio.
Strategy Tips
- Wait for both indicators to align before entering to improve trade accuracy.
- Avoid trading during low volatility or when the T3 MA shows sideways movement.
- Use higher timeframe trend confirmation for better signal reliability.
Conclusion
The combined power of the Trend Lines Crossing Indicator and the T3 Moving Average Alarm Indicator helps traders spot and confirm key trend reversals and continuations with better timing and confidence.
Frequently Asked Questions
How Do I Install This Custom Indicator On Metatrader 5?
- Open the MT5 trading platform
- Click on the File menu button located at the top left part of the platform
- Click on Open Data Folder > MQL5 folder > Indicators
- Copy the trendlinescrossing.mq5 indicator file in the Indicators folder
- Close and restart the trading platform
- You will find the indicator here (Navigator window > Indicators)
- Drag the indicator to the chart to get started with it!
