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TrendLineD

The TrendLineD indicator draws a trendline by extreme points determined using the standard Fractals indicator. Trend direction is detected automatically. Based on this information, either a resistance line (downtrend) or a support line (uptrend) is drawn. If the indicator fails to identify the trend direction, the lines will not be displayed. It can display a trendline of a higher timeframe (set in the TimeFrame parameter). The line color and width are set in input parameters. The indicator can also generate an Alert and send an e-mail (parameters EnableAlert, EnableEmail, EnableSound) when a price bar crosses the trend line (the last closed bar is taken into account).

Matthew Todorovski
12140
Matthew Todorovski 2018.06.30 14:43 
 

1 Star (20%) = Bad

2 Star (40%) = Undecided

3 Star (60%) = Acceptable

4 Star (80%) = Good

5 Star (100%) = Excellente!

Tim Eubanks
4878
Tim Eubanks 2018.03.21 02:37 
 

Good trendline indicator

Gennadiy Voltornist
12004
Gennadiy Voltornist 2017.05.21 18:25 
 

User didn't leave any comment to the rating

Maksym Mudrakov
18235
Maksym Mudrakov 2016.08.30 19:43 
 

User didn't leave any comment to the rating