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Auto Trend Fit

5

Automatic Trend Line Fit.

This indicator automatically plots the straight line and parabolic (curved) trend to any symbol at any timeframe. The plotted straight line is a good indication of the current trend and the curved line is an indication of a change momentum or change in the current trend.

Plotting the straight line over about 2/3 the number of candles as the curved line is usually a good way to determine entry and exit points as it shows the current trend and momentum of the market.

This indicator also gives the option of plotting a channel around both the straight line and curved line for more well timed entry and exit points. This channel is set at a multiple of the ATR above and below the trend lines. 

The inputs required are the number of candles to fit the curved line to (numCurve), the number of candles to fit the straight line to (numStraight) and the ATR multiple to set the channel lines (ATRBounds).

Reviews 5
gzss198653
15
gzss198653 2024.06.22 10:41 
 

I am overjoyed to see the indicator you invented, because I am looking everywhere for the parabolic line indicator. Although it differs from your concept, its essence is the same. I really like your indicator. Can you provide me with the code for this indicator? If possible, I would greatly appreciate it. Thank you

Brendan Wayne King
692
Brendan Wayne King 2023.02.10 12:18 
 

I use this on all my charts, great to quickly get the channels mapped out. Good work

Pavel048
308
Pavel048 2022.03.17 11:21 
 

Я назвал его "Штакетник" за стойку с тремя полками. Что я могу сказать, первоначальное впечатление очень хорошее. Буду тестировать дальше.

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Bollinger Band Scalper
Ross Adam Langlands Nelson
Bollinger Band Scalper EA This EA opens trades when the price hits and bounces off the Bollinger Bands, it closes the trade when it reaches the opposite Bollinger band or if the price reverses into the trailing stoploss. Posisitions are sized dynamically depending on the user's account balance. The EA waits for the price to cross the Bollinger Band and then opens a market order at a set percentage of the bandwidth from the band chosen by the user. The position is sized a percentage of the user's
Channel Creator
Ross Adam Langlands Nelson
The auto-channel indicator creates a top line and bottom line that encloses a channel within which the symbol has been trading.  The channel is created by finding high points for the top line and low points for the bottom line, these points are shown with arrows. A line of best fit is then plotted through these points and extended until the end of the chart. This indicator is useful for trading both within the channel and for breakouts. Inputs: MAPeriod - The moving average period over which the
Auto Channel Trader
Ross Adam Langlands Nelson
The Auto Channel Trader creates a channel by plotting a line along the high points and low points of the chart, the EA then makes long trades near the bottom of the channel and short trades near the top of the channel. The channel is created by finding high points for the top line and low points for the bottom line, these points are shown with arrows. A line of best fit is then plotted through these points and extended until the end of the chart.  The length of the channel is determined by the M
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gzss198653
15
gzss198653 2024.06.22 10:41 
 

I am overjoyed to see the indicator you invented, because I am looking everywhere for the parabolic line indicator. Although it differs from your concept, its essence is the same. I really like your indicator. Can you provide me with the code for this indicator? If possible, I would greatly appreciate it. Thank you

Brendan Wayne King
692
Brendan Wayne King 2023.02.10 12:18 
 

I use this on all my charts, great to quickly get the channels mapped out. Good work

gescobar
97
gescobar 2022.06.29 10:40 
 

Buen indicador. gracias

Pavel048
308
Pavel048 2022.03.17 11:21 
 

Я назвал его "Штакетник" за стойку с тремя полками. Что я могу сказать, первоначальное впечатление очень хорошее. Буду тестировать дальше.

Nicoletto
210
Nicoletto 2022.01.09 09:07 
 

Muy bueno, gracias.

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