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Indicators: JPTrend indicator

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Automated-Trading
Admin
99092
Automated-Trading 2012.04.24 12:13 

JPTrend indicator:

The indicator calculates the resistance and support lines and shows alerts when price is reached them.

Whatever your strategy, you need to know where are supports and resistances lines, eventually you will appreciate to be alerted if they are reached.

This indicator rescan line each time you change the time scale of the chart and send you an optional alert if one is under a tunable limit.

JPTrend indicator

Author: Xynium

gregart
29
gregart 2012.04.24 22:09  

good job, will test immediatly

 thanks for your work 

Jin
1539
Jin 2012.04.27 06:49  

Thank you.

Mehrdad Shiri
4480
Mehrdad Shiri 2012.04.27 10:47  
Automated-Trading:

JPTrend indicator:

Author: Xynium

very good

&

thanks

Trinh Dat
37203
Trinh Dat 2012.05.07 02:59  

thanks
eurosoa
36
eurosoa 2012.06.16 12:25  

Thank you very much.
Widy Prasetyo
473
Widy Prasetyo 2013.03.29 10:06  

Width & Style for trendline seems doesn't work....... but thanks anyway.

I give 5 rating for this 'JPTrend Indicator'.
Laurentiu Sorin Tene
692
Laurentiu Sorin Tene 2014.03.18 12:11  

Support line is not changing as the price makes lower lows. More of this it disappear from chart in this case.

Please modify the code as resistance works very well

meyti
57
meyti 2015.10.12 13:44  

It works if you change the time period or number of bars to be calculated , both line will disappear or appear , depends on how much time you want to verify, other way if you found a market who  moves  much regular that support and resistance can be be identified clearly let me know.

great job.

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