DeMark TrendLine Trader
Tom DeMark trendline breakout system · TD Resistance/Support lines · Rule-based · MT4
About DeMark TrendLine Trader
The DeMark TrendLine Trader is a systematic trendline breakout trading system for MetaTrader 4, available on the MQL5 Market (product/129512). It is based on the Tom DeMark trendline methodology — one of the most respected and objectively-defined trendline systems in professional technical analysis. Unlike hand-drawn subjective trendlines, DeMark's approach uses strict, rule-based logic to identify TD Resistance Lines (drawn over recent swing highs) and TD Support Lines (drawn under recent swing lows).
The trading logic is equally rule-based: a bullish breakout trade is entered when price closes above a TD Resistance Line; a bearish breakout trade is entered when price closes below a TD Support Line. Stop Loss placement is also defined by the DeMark system — just below the breakout line for longs, just above for shorts. This complete rules-based structure removes subjective interpretation and makes the system fully back-testable and automatable.
- Platform: MetaTrader 4
- Methodology: Tom DeMark objective trendline breakout system
- Resistance lines: TD Resistance Lines — drawn over recent swing highs
- Support lines: TD Support Lines — drawn under recent swing lows
- Bullish entry: Close above TD Resistance Line → long trade
- Bearish entry: Close below TD Support Line → short trade
- SL placement: Below breakout line (longs) / above breakout line (shorts)
- Source: mql5.com/en/market/product/129512