Broken Trends

4.5

Broken Trends is an indicator for scalpers and intraday traders. The indicator selects and displays trend levels on the chart in the real time mode. The indicator reacts to price momentum: it starts searching for the trends as soon as the momentum amplitude exceeds the threshold set in a special parameter. The indicator can also play a sound when the price crosses the current trend line. In normal mode, the indicator shows only one (last found) upward and one downward trend, but there is an advanced mode - the previously detected trends are also drawn on the chart.

Keep in mind that the Broken Trends indicator does not produce complete decisions. It just does the dirty work, showing the possible options. It is the trader who should decide.


The indicator parameters:

  • ExtMode - enables/disables the advanced mode; 
  • Sound - enables/disables sound notification when the price crosses the current trend line;  
  • UTColor - sets the line color of the uptrend; 
  • DTColor - sets the line color of the downtrend; 
  • HistoryDepth - sets the depth of the used history, 0 - the entire history;
  • Rank - sets the search rank;
  • PulseThr - sets the threshold momentum amplitude in points.
Reviews 5
Pealres Lukinskas
215
Pealres Lukinskas 2017.12.30 05:57 
 

Really Good. One of the best auto trendlines calculator in the market and its free. Many thanks to the developer

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Nikolay Likhovid
3.5 (2)
This is a very fast and not redrawing ZiGZag; it supports switching the segments at breakouts of price levels located at a specified distance (H parameter) from the current extremum. MinBars parameter sets the depth of history for drawing the indicator; 0 means drawing on the entire history. SaveData parameter allows writing the coordinates of extremums to a file (time in the datatime format and price). Some statistics calculated on the basis of the ZigZag is displayed in the form of comments.
FREE
Price Line
Nikolay Likhovid
5 (1)
High, Low, Open, Close — isn't this too much? Sometimes you need a unique history of prices. But if choose one thing, you lose the rest. Smoothing also leads to data loss. Often you lose one of the most important market details: information about extremes. It is due to the preservation of information about the highs and lows, the correct "smoothing" for the history of price is a zigzag. But zigzags also have drawbacks — they do not provide intermediate values. The Price Line indicator solves thi
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Growing Bands Sh
Nikolay Likhovid
3 (2)
Do you use dynamic ranges (like Bollinger Bands or Envelopes) in your trading? A fixed period is usually used for such calculations. But is such approach relevant to the very nature of the market? In fact, the price chart consists of a series of successive processes - trends and flats. In this case, we can talk about the internal development logic inside a single process only. Therefore, the nature of the market is better described by dynamic ranges designed for the processes occurring "here and
FREE
Murray levels are popular among traders. You can easily find indicators for drawing the levels on the internet. The main difference and advantage of the Forced Murrey Math indicator is the execution speed. This makes it perhaps the best choice for use in Expert Advisors that require thorough testing and optimization on a long history of quotes. Also the indicator draws history, so it will be very useful for visual analysis of interaction of price with the Murray levels in the past. The method of
RTrends
Nikolay Likhovid
The RTrends indicator does two things: first, it automatically draws the layout of the price chart by plotting trend lines and, secondly, it produces bearish and bullish signals. The layout reflects the fractal nature of the market. Trends from different time horizons are applied simultaneously on the chart. Thus, from a single chart a trader can see trend lines of higher timeframes. The lines, depending on the horizon, differ in color and width: the older the horizon, the thicker the line is. T
Smart ZigZag
Nikolay Likhovid
Smart ZigZag indicator is a ZigZag, for which the market is actually not accidental. This is not mere words, as this can be confirmed by displayed charts comparing Smart ZigZag and HZZ parameters. But before I describe the screenshots, let's examine a few details concerning Smart ZigZag. This indicator analyzes the chart and identifies certain activity horizons assigning numbers to them. This can be called ranking. For example, M1 EURUSD chart from 4.01.1999 to 3.12.2013 has the average segment
Growing Bands
Nikolay Likhovid
Do you use dynamic ranges (like Bollinger Bands or Envelopes) in your trading? Usually such calculations use a fixed period, but does it reflect the nature of the market? In fact, the price chart consists of a series of successive processes - trends and flats. In this case, we can talk about the internal development logic inside a single process only. Accordingly, the dynamic ranges built for the process occurring "here and now" suit the nature of the market better. The Growing Bands indicator u
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Winston Sim Siong Khim
270
Winston Sim Siong Khim 2022.05.20 17:49 
 

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sam0709
98
sam0709 2021.10.09 09:58 
 

+++

Tim Eubanks
5763
Tim Eubanks 2018.03.22 03:32 
 

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Pealres Lukinskas
215
Pealres Lukinskas 2017.12.30 05:57 
 

Really Good. One of the best auto trendlines calculator in the market and its free. Many thanks to the developer

Maksym Mudrakov
30050
Maksym Mudrakov 2016.08.31 07:32 
 

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