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AutomaticMarkupTrendlines

Autogeneration of trade lines.

  1. Drawing multiple lines and potential price rise/fall levels (gray lines)
  2. Drawing and displaying price channels (green lines)
  3. Searching for potential ТА triangles (red and blue lines)

White chart background is recommended, timeframe - М30.

Settings

  • Interval=200 - maximum number of bars used in the analysis for generating the lines.
  • The_greatest_distance=5 000 - manage the maximum distance between the current bar and a price level of any line tending to the vertical. Anything that is not within the level is not generated. If 0, all possible lines are generated with no limitations.
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