Category Trend  Published on 15/10/2013

Trend Lines Indicator

Description

Draws trend lines based on the most recent peaks and valleys for the given period. The two points that define the lines are highlighted in red.
/forum/whats-new/913#2


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LisaCarter

Joined on 10.10.2013

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: Trend Lines Indicator.algo
  • Rating: 5
  • Installs: 14207
  • Modified: 13/10/2021 09:54
Comments
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fictionary's avatar
fictionary · 3 years ago

Excellent indicator, I use it on H4, D1, WEEKLY and I rely on significant Break outs by analyzing important supports and resistances.
the parameters modified and tested by me are:
H4 period 216 D1 period 207 Weekly period 41

LO
louisbrowne · 3 years ago

I love this thing, I was sceptical at first since I'd obviously do a better job at locating the major trends.

But I have to say it does make me aware of new trends quicker and show me potential trends which I do find very helpful.

KE
kem.warit · 4 years ago

Repainting Indicator.  Useless.

XI
xiaomajia · 11 years ago

hi ,could you add sound alert to one trendline ,just normal trendline will be ok.

thank you firstly.