Description
This is a well know trend line breakout strategy using fractals.Identify Trend Lines Automatically TrendLine Visualizer identifies Trend Lines automatically and easily.
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mijo212
Joined on 12.10.2013
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: Fractals Auto Trend Line.algo
- Rating: 5
- Installs: 13283
- Modified: 13/10/2021 09:54
Comments
how it's work????
any body can explain!!!!
I use this indicator live. Reasonably useful except that you may want to review the coding as there are quite few signals appearing that are erroneous; specifically, log/short signals appearing where Bill Williams definition of a fractal patterns has not printed.
This is a very nice indicator! I have it on all my charts now.
Unfortunately, some instruments are not offered by my broker, and I need to open MT4 from another broker at the same time.
Do you also have this indicator for MT4 by chance?
hi ,can somebody please explain how this indicator work ,i am not really understand ,thanks.
thx
//ChartObjects.SetDrawLine( Extend to Infinity) ?!?
Here is example of extended lines, so you can use similar method: /forum/whats-new/913#2
I think this trend line is very useful in gold m15 h1
Nice