40-60规则，交易者使用趋势线秘密方法 (40-60 rule, Trader using trendline secre)

Hi

I have recently been looking at a 40 pip stop and a 60 pip target and be breakeven at 40 pips method using a trendline trick

first of all you need to see a previous swing in the market of 100 pips i trade gold with this on the 5 minute chart

i use zig zag for the swings , its a zig zag counter indicator
it may seem confusing to you ,, but once you get used to it its good

so what you do is ,, take the most recent close high or low and place a trendline on the close price reecwent high or low

and project that trendline by 10 candles to the right , then connect from the 10 th trendline area back 14 candles and connect to the edge of the recent 14 candles
this is the breakout of a trendline that's sloping , not on close but breach

the stop loss is always 40 pips and target always 60 pips

attached are the template and the indicator

good luck

mt4