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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.



Comentarios 6
schoe
82
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
99
Gaved 2020.06.01 13:28 
 

Quality Trendline indicator. Really helps!

Nigel Woodworth
38
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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Naser
850
Naser 2020.09.17 09:39 
 

El usuario no ha dejado ningún comentario para su valoración

schoe
82
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
99
Gaved 2020.06.01 13:28 
 

Quality Trendline indicator. Really helps!

Nigel Woodworth
38
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
36
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
157
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.