Exclusive Trendline

4.33

Every experienced trader knows that the trend lines should be paid attention in Forex trading. But plotting trend lines takes time, and there can be many of them on the chart as well... Yikes!!! Do you want to know how to easily and simply automate this process? Then read on.

There is a solution - a smart and reliable indicator of trend lines - the Exclusive Trendline. All you need to do is attach the indicator to the chart, and it will draw all possible trend lines for you. You just have to admire the result (as shown below) and apply it to your trading strategy.

Now you might ask yourself, "Why do I need a trend lines indicator, if I know how to plot them myself." The answer is:

  • the indicator saves your time.
  • it does not get tired, it does not get "blurry vision".

Parameters of the Exclusive Trendline indicator:

  • TL_Period - the number of past bars to search for trend lines.
Reviews 3
Aravind Kolanupaka
10304
Aravind Kolanupaka 2017.02.05 01:22 
 

Good trendlines.

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A symmetrical triangle chart pattern represents a period of contraction & consolidation before the price is forced to breakout to the upside or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. Get the dashboard to monitor all instruments and time frames you trade for symmetrical triangle patterns at once! https://www.mql5.com/en/market/product/69169/ MT5 Version Available
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EW Oscillator PRO
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3 (2)
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EW Oscillator PRO is an indicator for MetaTrader 4 based on mathematical calculations on the price chart. This is one of the most common and useful indicators for finding the trend reversal points. EW Oscillator PRO is equipped with multiple types of notification (push notifications, emails, alerts), which allows opening trades in time. A panel for displaying the information on the indicator signals from different timeframes is located in the top left corner (see screenshot #2). Distinctive fea
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sunnychow
9043
sunnychow 2019.08.31 15:19 
 

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Lev Vladimirovic Marushkin
2045
Lev Vladimirovic Marushkin 2018.11.27 15:43 
 

Just bought Exclusive Trendline. Thank you for your efforts in creating this one Evgeny. Everything seems to work, except one thing. If i change: TL_Period then NOTHING happens! I can set any number in: TL_Period and NOTHING will change. Please check the code again. Something is wrong. The indicator shows me lines which start years ago on H4 even when i set TL_Period = 50 or so. This review will be updated (more stars) as soon as the author updates the indicator regarding the mentioned problem or at least tells me why a change of the input: TL_Period input has no effect at all.

Aravind Kolanupaka
10304
Aravind Kolanupaka 2017.02.05 01:22 
 

Good trendlines.

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