TrendLineSnap Auto Trendlines with Snapshots MT4

  • Indicators
  • Naoto Shimoda
    Naoto Shimoda
    • MetaTrader 4/5 Indicator & EA Developer at  FX.Hamrat
    • Japan
    • 966
    FX.Hamrat - MetaTrader 4/5 indicator and Expert Advisor developer based in Japan.
    Over 10 years of trading experience (discretionary and systematic), and 90+ MT4/MT5 programs built so far - including 30+ custom-made projects for individual traders.
  • Version: 1.1
  • Activations: 10

Trendlines drawn for you — and a good shape kept as your basis.

TrendLineSnap finds the swing highs and swing lows on your chart, joins them and draws one high trendline and one low trendline. Triangles, channels, wedges and horizontal levels used in line trading show up as lines.

Automatic trendlines are redrawn whenever a new swing forms. When you see a shape you want to trade, save it. The saved line does not move. When the price comes near it again, show the saved line next to the current lines and check whether the price bounces, stalls and breaks, or comes back and stops there.

Features

  1. Automatic trendlines: one line across the swing highs, one across the swing lows.
  2. Touch filter: minimum number of touches and the touch distance in pips (scaled with the timeframe or fixed).
  3. Converging mark: the panel shows "converging" when the two lines narrow to the right (triangles and wedges).
  4. Five snapshots: save the current lines with one button, show them later in sky blue next to the current lines. Kept after MetaTrader restarts (per chart and symbol).
  5. Saved time and age: timeframe, saved time and how long ago (e.g. 8h30m).
  6. Distance panel: distance in pips from the Bid to each line, with the state: not yet, touching, broke up, broke down.
  7. Notifications: sound, pop-up, e-mail and push on touch and breakout. Check on the live price or on the close of the last completed bar.
  8. Your time zone: Tokyo, London, New York and 10 more cities, daylight saving included.
  9. Movable panel: drag the title to move it, click it to fold. Works on 125% / 150% display scaling.

How the lines are found

A bar higher (lower) than the bars on both sides is a swing high (low). Starting from the newest swing, each one is joined with older swings, and swings close to the line count as touches. The first pair with enough touches is drawn. Lines are extended along the chart's bars, so they stay on the swings across weekends.

Inputs (main)

  • Search period, bars on each side for swings, minimum touches, touch distance and its mode
  • Extend to the right, colors of the high / low / snapshot lines, line width and style
  • Alerts on touch / breakout, sound, pop-up, e-mail, push, price used for checks, touch alert distance, interval, alert texts
  • Time zone, panel: show, position, colors, font size, transparent background

It does not give buy or sell signals and does not guarantee profits.

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See the Dow Theory direction of six timeframes in one panel. DowgatorPro2 judges the current trend direction (up or down) automatically by Dow Theory, using closed bars only. It carries over the features of the earlier e-DowgatorPro and puts first that even a beginner can read the direction without confusion. The direction of six timeframes (M1 to D1) is shown on the panel in color. Features Check direction mismatch: see on the panel whether your chart's timeframe agrees with the higher timefram
The levels of higher timeframes, on the chart you are watching. LineTraderPro2 finds swing highs and lows with Dow Theory rules and draws horizontal lines at the levels the market watches, for any of 20 timeframes from M1 to W1. Each line is labeled with its timeframe (H1, D1 and so on) and the date of the swing, so you can see at a glance which timeframe a level belongs to without switching charts. What you see on the chart Horizontal lines: the swing highs above the price and the swing lows be
See the market's fear level on the chart you trade. VixChecker shows the VIX (the volatility index often called the fear index) in a sub-window as one bar per day, colored by level: normal (blue), caution (yellow, 20 or above by default) and fear (red, 30 or above). The current value, the change from the previous close and the time of the value are shown in a small panel, and the value can also be shown on the main chart. Where the VIX values come from (please read before buying) The indicator d
Round numbers on your chart, and a notice when the price gets close. RoundNumberAlert draws horizontal lines at round numbers (150.000, 150.500 ...) and watches them for you. When the price enters the touch range, only that line blinks and you get one notification. Major round numbers stand out in gold, and a small panel shows how many pips are left to the next round number above and below. Features Round-number lines: the step starts at 10 pips (for example 50 pips: 150.000, 150.500 ...). Major
Entry signals as finger marks: yellow for trend-following, pink for counter-trend. SignRAMB combines RSI, ATR, MACD, a moving average, Dow theory and the candles, and marks the places where the price may turn up or down, based on past chart patterns. A finger pointing up is a buy, pointing down is a sell. Signals are decided on closed bars and never repaint. Signals are not always right. Use them as one indicator, together with your own reading of the chart. They are meant for the move right aft
Which currency is strong right now — in one panel. CurrencyStrength takes the RSI of the 28 pairs of USD, EUR, JPY, GBP, AUD, CHF, CAD and NZD, turns it into a score from −100 to +100 for each currency, and shows them as bars, strongest first. Features Strength ranking: strong currencies in green, weak ones in red, scored from −100 to +100. Automatic symbol detection: the pairs are found from each symbol's base and profit currency, so suffixes and prefixes (EURUSD#, EURUSD.pro, m.EURUSD, EURUSDm
Where is the price inside the range — in one panel. BoxRangeSnap looks for price zones where the highs and lows touched the same top and bottom again and again, and draws them as a big box and a small box. The panel keeps showing the distance from the price to the top and bottom of the current box. Features Automatic range boxes: a big box and a small box, newest first. The current box is highlighted and extends to the last closed bar. Adjustable detection: minimum touches on the top and bottom,
The Dow Theory structure of the chart — in one look. DowTheoryVisual labels every swing high and low as HH, HL, LH or LL and draws a zigzag colored by the trend: blue for an uptrend, red for a downtrend, gray for a range. The panel keeps showing the trend of the current chart and of two higher timeframes side by side. Features HH / HL / LH / LL labels: each swing high and low is compared with the previous one. Trend-colored zigzag: up blue, down red, range gray. The color changes on the bar wher
Key levels on nine timeframes, and an alert the moment the price breaks out. Prices that were stopped again and again are levels many traders watch. BreakerDetectPro finds the zones where swing highs and swing lows gather and draws one level above and one below the price for each timeframe you select, from M1 to MN1. Higher-timeframe levels are drawn on the chart you are looking at. Features Automatic key levels: one level above and one below the price, from swing highs and lows that gather in t
See the Dow Theory direction of six timeframes in one panel. DowgatorPro2 judges the current trend direction (up or down) automatically by Dow Theory, using closed bars only. It carries over the features of the earlier e-DowgatorPro and puts first that even a beginner can read the direction without confusion. The direction of six timeframes (M1 to D1) is shown on the panel in color. Features Check direction mismatch: see on the panel whether your chart's timeframe agrees with the higher timefram
The levels of higher timeframes, on the chart you are watching. LineTraderPro2 finds swing highs and lows with Dow Theory rules and draws horizontal lines at the levels the market watches, for any of 20 timeframes from M1 to W1. Each line is labeled with its timeframe (H1, D1 and so on) and the date of the swing, so you can see at a glance which timeframe a level belongs to without switching charts. What you see on the chart Horizontal lines: the swing highs above the price and the swing lows be
Know exactly how long until the next release, and what came out. EconomicStopper shows the time to each economic release as a countdown, lists the upcoming events with their importance, and shows the actual value and the surprise against the forecast after the release. Everything is in one panel on the chart. It reads the economic calendar built into MetaTrader 5, so it needs no DLL and no web requests. How it behaves over time More than 5 minutes before: the timer counts down every second and t
See the market's fear level on the chart you trade. VixChecker shows the VIX (the volatility index often called the fear index) in a sub-window as one bar per day, colored by level: normal (blue), caution (yellow, 20 or above by default) and fear (red, 30 or above). The current value, the change from the previous close and the time of the value are shown in a small panel, and the value can also be shown on the main chart. Where the VIX values come from (please read before buying) The indicator d
Round numbers on your chart, and a notice when the price gets close. RoundNumberAlert draws horizontal lines at round numbers (150.000, 150.500 ...) and watches them for you. When the price enters the touch range, only that line blinks and you get one notification. Major round numbers stand out in gold, and a small panel shows how many pips are left to the next round number above and below. Features Round-number lines: the step starts at 10 pips (for example 50 pips: 150.000, 150.500 ...). Major
Entry signals as finger marks: yellow for trend-following, pink for counter-trend. SignRAMB combines RSI, ATR, MACD, a moving average, Dow theory and the candles, and marks the places where the price may turn up or down, based on past chart patterns. A finger pointing up is a buy, pointing down is a sell. Signals are decided on closed bars and never repaint. Signals are not always right. Use them as one indicator, together with your own reading of the chart. They are meant for the move right aft
Which currency is strong right now — in one panel. CurrencyStrength takes the RSI of the 28 pairs of USD, EUR, JPY, GBP, AUD, CHF, CAD and NZD, turns it into a score from −100 to +100 for each currency, and shows them as bars, strongest first. Features Strength ranking: strong currencies in green, weak ones in red, scored from −100 to +100. Automatic symbol detection: the pairs are found from each symbol's base and profit currency, so suffixes and prefixes (EURUSD#, EURUSD.pro, m.EURUSD, EURUSDm
Trendlines drawn for you — and a good shape kept as your basis. TrendLineSnap finds the swing highs and swing lows on your chart, joins them and draws one high trendline and one low trendline. Triangles, channels, wedges and horizontal levels used in line trading show up as lines. Automatic trendlines are redrawn whenever a new swing forms. When you see a shape you want to trade, save it. The saved line does not move. When the price comes near it again, show the saved line next to the current li
Where is the price inside the range — in one panel. BoxRangeSnap looks for price zones where the highs and lows touched the same top and bottom again and again, and draws them as a big box and a small box. The panel keeps showing the distance from the price to the top and bottom of the current box. Features Automatic range boxes: a big box and a small box, newest first. The current box is highlighted and extends to the last closed bar. Adjustable detection: minimum touches on the top and bottom,
The Dow Theory structure of the chart — in one look. DowTheoryVisual labels every swing high and low as HH, HL, LH or LL and draws a zigzag colored by the trend: blue for an uptrend, red for a downtrend, gray for a range. The panel keeps showing the trend of the current chart and of two higher timeframes side by side. Features HH / HL / LH / LL labels: each swing high and low is compared with the previous one. Trend-colored zigzag: up blue, down red, range gray. The color changes on the bar wher
Key levels on nine timeframes, and an alert the moment the price breaks out. Prices that were stopped again and again are levels many traders watch. BreakerDetectPro finds the zones where swing highs and swing lows gather and draws one level above and one below the price for each timeframe you select, from M1 to MN1. Higher-timeframe levels are drawn on the chart you are looking at. Features Automatic key levels: one level above and one below the price, from swing highs and lows that gather in t
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