• Overview
  • Reviews (7)
  • Comments (1)

Automated Trendlines

Trendlines are the most essential tool of technical analysis in forex trading. Unfortunately, most  traders don’t draw them correctly. Automated Trendlines indicator is a professional tool for serious traders that help you visualize the trending movement of the markets.


There are two types of Trendlines Bullish Trendlines and Bearish Trendlines.

In the uptrend, Forex trend line is drawn through the lowest swing-points of the price move.
Connecting at least two "lowest lows" will create a trend line.

In the down trend, trend line is drawn through the highest swing-points of the price move.
Connecting at least two "highest highs" will create a trend line.


When a trendline Breaks?

A bullish trendline breaks when a bearish candle closes below bullish trendline and the high of the candle is above trendline.

A bearish trendline breaks when a bullish candle closes above bearish trendline and the low of the candle is below trendline.


When a trendline Deletes?

A bullish trendline deletes when a full candle forms below bullish trendline.

A bearish trendline deletes when a full candle forms above bearish trendline.


You can change the color and width of Bullish and Bearish trendlines from input parameters.



Reviews 7
schoe
128
schoe 2020.09.09 19:07 
 

I have been using this indicator and the MTF indicator now for a month. They have been really beneficial for my trading and work as described. Highly recommend.

Gaved
104
Gaved 2020.06.01 13:28 
 

Quality Trendline indicator. Really helps!

Nigel Woodworth
46
Nigel Woodworth 2020.05.27 15:28 
 

Excellent indicator to have for the supply demand market trader!

It works so well I don't know how I ever traded with out it.

Would highly recommend.... top job!

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Price Breakout Pattern Scanner MT4
Young Ho Seo
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detect following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
100 USD
Naked Forex Tweezer Pro Indicator for MT4
Naked Forex Tweezer Pro Indicator for MT4
Renaud Candel
Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let user
177 USD
The Positive Zone
The Positive Zone
Ellan Dirgantara Tholkhah
Specialized Binary Options Indicator.  The name positive zone is inspired by how this indicator ultimately made me feel, which is "Positive". Not only from a emotional stand point but from a financial one. Once you start earning from this indicator it will give you that runners high, or that nice buzz after you finish a warm cup off coffee in the morning and blast on Cumbawamba's on hit wonder Tubthumping. The key to winning Binary Option is patience and controlling your emotion . This is why th
200 USD
Shepherd Harmonic Pattern
Shepherd Harmonic Pattern
Abdullah Alrai
This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: https://www.mql5.com/en/blogs/post/719257 There is a free version to try this product. You can use it to detect Gartley and Nenstar patterns: https://www.mql5.com/en/market/product/30181 Notes Indicator has control panel and it will save every (chart & timeframe) settings. You can minimize it to have more space on chart and you can press close button
100 USD
More from author
MTF Supply Demand Zones
MTF Supply Demand Zones
Georgios Kalomoiropoulos
Next Generation Of Automated Supply And Demand Zones. New and Innovative Algorithm that Works At Any Chart. All Zones Are Being Created Dynamically According To Price Action Of The Market. TWO TYPES OF ALERTS -->  1) WHEN PRICE HITS A ZONE    2)WHEN A NEW ZONE IS FORMED               33% DISCOUNTED PRICE             You don't get one more useless indicator. You get a complete Trading Strategy with Proven Results.                                    You can check our For
149 USD
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bla0018
75
bla0018 2021.02.16 22:28 
 

Solid indicator

Naser
1243
Naser 2020.09.17 09:39 
 

User didn't leave any comment to the rating

schoe
128
schoe 2020.09.09 19:07 
 

I have been using this indicator and the MTF indicator now for a month. They have been really beneficial for my trading and work as described. Highly recommend.

Gaved
104
Gaved 2020.06.01 13:28 
 

Quality Trendline indicator. Really helps!

Nigel Woodworth
46
Nigel Woodworth 2020.05.27 15:28 
 

Excellent indicator to have for the supply demand market trader!

It works so well I don't know how I ever traded with out it.

Would highly recommend.... top job!

212140248
35
212140248 2020.04.08 14:18 
 

For any Trendline trader, this is an absolute essential trade alerted… well priced, and the best in the market

.When used in conjunction with supply and demand it produces good signals. I give it my five stars.

Legacy6
292
Legacy6 2020.02.08 06:08 
 

This indicator is something you should purchase and add to you trading tools if you are serious about taking your trading to the next level. I recently made the purchase of this indicator (along with the authors MTF Supply Demand indicator) and it has helped me greatly improve my trading. Trendlines are an integral part of trading and this indicator takes the guesswork out of the equation. You don't have to worry about if you drew the trendline correct or anything like that. I highly recommend this indicator be added to your toolbox of tools to be successful at this business of Forex trading.

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