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Automatic Trendlines

The indicator draws trendlines on chart. This indicator has six inputs. User can specify alternative labels for both lines. If multiple instances of the indicator are used, the labels must differ. User can set width and color of the lines and depth which specifies what significant peaks should be used. For example, Depth=10 sets trendlines using the current peaks and valleys that have at least 10 bars to the right and to the left and that have highs/lows less/greater than the peak's high/low. Indicator also paints previous peaks and valleys.

Nikolay Gaylis
17227
Nikolay Gaylis 2019.01.07 17:45 
 

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leandro fruhauf
100
leandro fruhauf 2019.01.04 01:05 
 

Incrível esse indicador. Rastreia tendência muito bem. PARABÉNS ao criador

Gennadiy Voltornist
12010
Gennadiy Voltornist 2017.11.26 19:53 
 

User didn't leave any comment to the rating

Daniel Andrejczuk
5388
Daniel Andrejczuk 2017.11.09 02:43 
 

User didn't leave any comment to the rating

Nork
6088
Nork 2017.01.31 07:00 
 

User didn't leave any comment to the rating

Version 1.10 2015.02.20
1. Fixed typos in the description.
2. Input labels changed to represent their use more clearly.
3. Trendlines are now removed smoothly immediately after the indicator is removed from the chart.
4. Implemented icon so as to distinguish it from other MQL5 programs.