Structural Trend Lines
- Indicators
-
Vincent Jose Proenca
I’ve been a trader for over ten years, mainly specializing in CFDs. What I love about trading is the logic, the discipline, and the process of creating tools that simplify decision-making. Since I couldn’t find indicators that fit my approach, I started coding them myself, first out of necessity - Version: 1.0
- Activations: 5
STRUCTURAL TREND LINES - MT4 Indicator
Simple indicator that automatically draws trend lines based on market structure.
Features:
- 3 degrees of structure detection (short, medium, long term)
- Configurable swing strength for each degree
- Single color per degree for clean visualization
- Adjustable number of lines per degree
- Customizable colors and line widths
How it works:
The indicator identifies swing highs and lows based on the strength parameter,
then connects these points to create trend lines. Higher degree = bigger structure.
Default settings:
- Degree 1 (strength 5): Short-term structure - Blue
- Degree 2 (strength 10): Medium-term structure - Cyan
- Degree 3 (strength 20): Long-term structure - Green (disabled by default)
Easy to use: just drag and drop on any chart, adjust parameters as needed.
Simple indicator that automatically draws trend lines based on market structure.
Features:
- 3 degrees of structure detection (short, medium, long term)
- Configurable swing strength for each degree
- Single color per degree for clean visualization
- Adjustable number of lines per degree
- Customizable colors and line widths
How it works:
The indicator identifies swing highs and lows based on the strength parameter,
then connects these points to create trend lines. Higher degree = bigger structure.
Default settings:
- Degree 1 (strength 5): Short-term structure - Blue
- Degree 2 (strength 10): Medium-term structure - Cyan
- Degree 3 (strength 20): Long-term structure - Green (disabled by default)
Easy to use: just drag and drop on any chart, adjust parameters as needed.
