JET Trendlines and Breaks PRO

Automatic trendlines and their breaks, with a signal filter, alerts and a multi-timeframe panel, on your MetaTrader 5 chart.

JET Trendlines and Breaks PRO draws trendlines automatically from the tops and bottoms of the chart: a falling resistance line from each confirmed top and a rising support line from each confirmed bottom. When a bar closes beyond a line, a mark appears on that bar: a green arrow for a break up, a red arrow for a break down. The PRO version adds a signal filter against false and alternating breaks, three ways to set the angle of the lines, calculation on a higher timeframe, a 4-timeframe panel, alerts and data for Experts.

How the lines appear. A top or bottom is confirmed only after a set number of bars has closed on its right side (Pivot strength, 10 by default). The line appears at that moment: the part between the top or bottom and the confirmation is drawn afterwards and is shown dotted, a small dot marks the confirmation bar, and from there on the line is solid. You can also choose to draw the lines only from the confirmation bar.

Breaks are evaluated on the closed bar and do not repaint: in the Strategy Tester, the break marks and the values of closed bars never changed. It is an indicator only: it never opens, closes or changes orders.

What you see

• Resistance lines (red) from confirmed tops and support lines (green) from confirmed bottoms. One active line of each kind at a time; it is replaced when a newer top or bottom is confirmed.
• Break marks on the closed bar: green arrow below the bar for a break up, red arrow above the bar for a break down. Each line is broken only once.
• Dotted part before the confirmation, a dot on the confirmation bar and a solid line after it.
• Broken lines can end at the break (default) or continue dashed.
• Up to 50 lines of each kind on the chart (20 by default).

Signal filter

• Normal (default): removes most breaks that are quickly followed by an opposite break, with almost no delay.
• Strong: filters more, for choppy markets.
• Off: marks every close beyond a line.
• Marks, alerts and buffers 2 to 4 follow the filter. In our tests on WIN M5, EURUSD H1 and US500 H1, the share of breaks followed by an opposite break within 10 bars went from about 22% (Off) to between 2% and 5% (Normal).

Settings and timeframes

• Pivot strength (bars on each side of a top or bottom) and steepness of the lines.
• Line angle: Volatility (default), Dispersion or Two pivots (the classic line through two falling tops or two rising bottoms).
• Calculation on a higher timeframe (for example H1 lines on an M15 chart).
• Editable colors and line width; 5,000 bars calculated by default. Nothing is recalculated on each tick: lines and breaks change only when a bar closes.

Alerts on the closed bar

• Break above the resistance line, break below the support line and new line, each with its own mode: popup, sound, push notification or a combination; e-mail optional.
• By default, only the alerts for the breaks are on.

Data for Experts (iCustom)

• Buffer 0: active resistance line (price; empty when there is none)
• Buffer 1: active support line (price; empty when there is none)
• Buffer 2: break (1 = up, -1 = down, 0 = none), following the signal filter
• Buffer 3: direction of the last break (1 = up, -1 = down, 0 = none yet)
• Buffer 4: bars since the last break (-1 = none yet)
• Breaks are valid on the closed bar (index 1 or higher). Buffers 0 and 1 show, on each bar, the line that was active when that bar opened, so the history read by an Expert is the same as in real time.
• With a higher timeframe, the values come from that timeframe and are mapped to the chart bars; a break shows on the first chart bar after the higher-timeframe bar closes.

Panel and interface

• Panel with 4 timeframes: last break (direction and how many bars ago) and the price of the active resistance and support lines. It can be dragged.
• Dark and light panel themes; interface in 11 languages (automatic from the terminal language).

Works on any symbol and timeframe

• Forex, indices, stocks, metals, crypto and futures such as the B3 mini index, with any broker.
• Tested on WIN, EURUSD and US500.

Free version

JET Trendlines and Breaks draws the resistance and support lines and marks their breaks on the closed bar, with the signal filter on Normal, the 3 newest lines of each kind and editable pivot strength and steepness.

Try the free version first: JET Trendlines and Breaks

Trading involves risk of loss. A trendline break is a reading of past prices, not a forecast: price can return inside the line after a break. The indicator does not guarantee results.