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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LI
LisaCarter
Joined on 10.10.2013
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: Trend Lines Indicator.algo
- Rating: 5
- Installs: 13767
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Comments
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LO
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
Repainting Indicator. Useless.
XI
hi ,could you add sound alert to one trendline ,just normal trendline will be ok.
thank you firstly.
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