Market / MetaTrader 5 / Indicators /

Auto trendlines Indicator

30 USD

Demo downloaded: 8

Published: 26 May 2025

Current version: 2.0

Auto trendlines Indicator

Indicators
Van Tuan Hinh Nguyen
Van Tuan Hinh Nguyen
Developer MT5 at VietNam

Viet Nam

257
MetaTrader 5 Algorithmic Trading Developer
Specialized in Expert Advisors, Indicators and automated trading systems.
Focused on:
• Risk Management
• Trend Following Strategies
• Multi-Asset Trading Systems
• Strategy Research & Optimization
Version: 2.0
Activations: 10

Indicator Name: Auto Trend Line

Description: Automatically draws trend lines with optimized and enhanced trend direction detection.

Main Features:

1. Automatic Trend Line Drawing:

Two main lines are plotted:
- Support Line – color: Magenta
- Resistance Line – color: Cyan
Lines are calculated based on:
- Two extremums (highs/lows)
- or an extremum and a delta (custom offset)

2. Trend Direction Detection:

The indicator determines the current trend as:
- TREND_UP (Uptrend value = 1)
- TREND_DOWN (Downtrend value = 0)
- TREND_NEUTRAL (Sideways value = -1)
It can optionally display the trend information on the chart.

3. User Input Parameters:

Parameter	Description
InpLineType	Method for calculating lines (by extremums or delta)
InpLeftExmSide	Number of bars to the left used to find extremums
InpRightExmSide	Number of bars to the right for extremum detection
InpFromCurrent	Offset from the current bar (used in delta method)
InpPrevExmBar	Whether to include the bar before the extremum
InpShowObjects	Whether to display graphical trendline objects
InpExtendLines	Extend the trendlines to the right side of the chart
InpTrendThreshold	Angle threshold for determining trend direction
InpShowTrendInfo	Display text trend info (enabled/disabled)
InpMaxBarsToProcess	Maximum number of bars to process

4. Customization Options:

Support and resistance line colors and line width are customizable.

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Auto trendlines Indicator

Van Tuan Hinh Nguyen

Indicator Name: Auto Trend Line

Main Features:

1. Automatic Trend Line Drawing:

2. Trend Direction Detection:

3. User Input Parameters:

4. Customization Options: