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Lineverse Trendlines

Automatic, live & interactive picture of all trendlines.

Assign push, email and sound alerts to the lines of your choice and be informed about price rollback, breakout, rollback after breakout, number of rollbacks, line expiration by double breakout.

Correct, drag or delete the lines and interactively tune the line system.

https://youtu.be/EJUo9pYiHFA.

Chart examples https://www.mql5.com/en/users/efficientforex


Price Interaction Events

All events are effective immediately and only after one full bar test.
  • Rollback: the price has rolled back from the line
  • Breakout: the price has broken through the line
  • Rollback after breakout: after a breakout, the price has retraced back to the line and then rolled back again in the original breakout direction
  • Double breakout: the price has broken through the line in one direction, then, after a while, it has broken through the line in the opposite direction. This line is then considered as "expired".

The video illustrates these definitions in much greater detail.

For setting alerts, see the video, https://youtu.be/EJUo9pYiHFA?t=1m27s

Indicator Parameters

Each line is defined by two reference points (="pins") it passes through.

PIN SYSTEM

  • Trendline pins based on
    • HIGH&LOW: pins are situated at either High or Low of a bar
    • OPEN&CLOSE: pins are situated at either Open or Close location of a bar
  • Min bars to the left from a left pin - the minimum offset to the left from the left pin, before the line crosses the price graph, in bars
  • Min bars to the right from a right pin - the minimum offset to the right from the right pin, before the line crosses the price graph, in bars
  • Min bars between pins - the minimum distance between the left and the right pin, in bars
  • Maximum number of lines - the maximum number of lines on the chart

The last 4 parameters can be adjusted using the menu in the bottom left corner (see the video).

ON LAUNCH

When the indicator is initialized, the initial trend line system is built. It is possible to adjust the initial search range for the pins with 2 parameters below:

  • maximal offset for right pins, in bars - the maximum offset from the left edge of the window for the right pin, in bars
  • extra offset for left pins, in bars - offset from the left edge of the chart to the left pin, in bars

2 vertical dashed control lines allow adjusting these parameters after the indicator launch: left pins can only appear to the right of the left control line, and right pins can only appear to the right of the right control line. The control lines are interactive, they can be dragged to the left/right thereby filtering and tuning the trend line system. See an example in the video https://youtu.be/wmDOj3Ouoig

FILTERS

  • Refine left pins - true: if several lines share the same left pin, only the top and the bottom ones will be displayed
  • Refine right pins - true: if several lines share the same right pin, only the top and bottom ones will be displayed
  • Clear expired lines - true: the expired lines will be deleted

GRAPHICS

  • Thickness ~number of bounces/retraces(up to 4) - true: if the price has rolled back from the line, the line thickness is increased. The thickness adjustment stops after 4 rollbacks
  • New Line Color - the color of the new trend lines
  • Bounce Line Color - the line color after the first price rollback
  • Broken Line Color - the line color after the first price breakout
  • Retrace Line Color - the color of the lines which had rollback after breakout
  • Edit Box Color - the color of the corner menu
  • Edit Box Level - distance between the lower boundary of the corner menu edit box and the chart bottom edge, in pixels
  • Edit Box Zoom Factor - scale factor for the corner menu, e.g. 1, 2, 3.2
  • Draw Right Vertical Line – true: display a vertical dashed line marking the bar of indicator launch
  • Draw trendlines as rays -true: draw trendlines up to the right edge of the chart
  • Sound alert file – sound alert file name
  • Language: English, Russian.
  • Relaunch upon history update- true: the indicator restarts every time the past quotes history is updated.
  • Show only tested lines: true – the lines are shown on the chart only after at least one price interaction event happens (rollback, breakout).
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Der Trenderkennungsindikator ergänzt jede Strategie und kann auch als unabhängiges Werkzeug verwendet werden. Empfehlungen für die Arbeit mit dem Indikator können Sie in Kommentar #8 herunterladen Vorteile Einfach zu bedienen, überfrachtet das Diagramm nicht mit unnötigen Informationen; Kann als Filter für jede Strategie verwendet werden; Verfügt über eingebaute dynamische Unterstützungs- und Widerstandsebenen, die sowohl zur Gewinnmitnahme als auch zum Setzen von Stop-Loss verwendet werd
Currency Strength Exotics
Bernhard Schweigert
4.87 (30)
Stärke von 8 Währungen plus EIN EXOTISCHES Paar oder Rohstoffe oder Indexe! Jedes Produkt kann als 9. Linie hinzugefügt werden. Fügen Sie Rohstoffe, Indexes oder exotische Währungen hinzu (Gold, Silber, Öl, DAX, US30, MXN, TRY, CNH ...). Eine neue noch nie dagewesene TRADING STRATEGIE  !!! Dieser Indikator ist einzigartig, weil wir eine Reihe von proprietäre Funktionen und neue Formeln eingebaut haben. Es funktioniert für alle Zeitrahmen. Basierend auf neuen zugrunde liegenden Algorithmen ist
Zunächst einmal ist es wichtig zu betonen, dass dieses Handelstool ein Nicht-Repaint-, Nicht-Redraw- und Nicht-Verzögerungsindikator ist, was es ideal für professionelles Trading macht. Online-Kurs, Benutzerhandbuch und Demo. Der Smart Price Action Concepts Indikator ist ein sehr leistungsstarkes Werkzeug sowohl für neue als auch erfahrene Händler. Er vereint mehr als 20 nützliche Indikatoren in einem und kombiniert fortgeschrittene Handelsideen wie die Analyse des Inner Circle Traders und Stra
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
Stratos Pali
Michela Russo
5 (1)
Stratos Pali Indicator   is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost! D
Wir stellen Ihnen ON Trade Waves Patterns Harmonic Elliot Wolfe vor, einen fortschrittlichen Indikator, der entwickelt wurde, um verschiedene Markt-Muster mithilfe sowohl manueller als auch automatischer Methoden zu erkennen. Hier ist, wie er funktioniert: Harmonische Muster: Dieser Indikator kann harmonische Muster erkennen, die auf Ihrem Chart erscheinen. Diese Muster sind für Trader, die die Theorie des harmonischen Handels praktizieren, wie sie in Scott Carney's Buch "Harmonic Trading vol 1
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A simplistic indicator informing a user on RSI divergence by sending messages to mobile device and email. The indicator draws 2 vertical lines, marking two RSI extrema that formed the divergence. You get the alert, open the charts and make a decision. The indicator does not show past divergences, thus when you attach it to a chart for the first time you see nothing. Graphics and alerts will appear as soon as divergences do. Drop it in Tester to see how it works. Parameters: RSIPeriod - number of
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Winston Sim Siong Khim
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Winston Sim Siong Khim 2022.10.17 06:12 
 

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Kristmundur Roman Zakharii
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Kristmundur Roman Zakharii 2018.05.16 18:10 
 

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Antwort auf eine Rezension
Version 1.24 2021.11.28
Recompiled with the latest Metaeditor v. 2392
Version 1.23 2018.03.14
A new option added: draw all lines as rays.
Version 1.22 2017.11.07
Bugfix for version 1.2, the new line color is now applied correctly
Version 1.21 2016.02.16
a minor bugfix for v 1.2 (correct line display)
Version 1.2 2016.02.15
The "Display only tested lines" option added.
Version 1.1 2014.07.14
- Improved indicator loading upon timeframe change.
- Added an option to relaunch indicator upon history update.