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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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This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: https://www.mql5.com/en/blogs/post/719257 There is a free version to try this product. You can use it to detect Gartley and Nenstar patterns: https://www.mql5.com/en/market/product/30181 Notes Indicator has control panel and it will save every (chart & timeframe) settings. You can minimize it to have more space on chart and you can press close button
100 USD
Dynamic RSI Pointer
Adrian Modlinski
Dynamic RSI Pointer by Pointer Productions The best traders are the ones who use the best tools while trading and combine these tools with their own knowledge of the market. These traders are the ones who know how to read not only the trends of the market, but also the opportunities that are available once a trend has been established. This is why we are making our new indicator available. Dynamic RSI Pointer Our Dynamic RSI Pointer is an indicator designed to profit from existing trends and pre
100 USD
Market Pulse Pointer
Adrian Modlinski
Feeling the market is an ability that few people have, and even fewer indicators claim to have. However the Market Pulse Pointer can feel the pulse of the market and interpret it to help the user make serious profits. By utilizing multiple algorithms and making numerous calculations the Market Pulse Pointer can feel the 'pulse' of the Forex market. By feeling this pulse this indicator can predict the direction that the market is about to go. The Market Pulse Pointer is made up of two parts: Ma
149 USD
Cycle Sniper
Elmira Memish
Cycle Sniper  After twenty years of experience in the markets and three years of hard work – coding, backtesting -, Cycle Sniper is ready! Cycle indicators are oscillating indicators that can be used to analyze market cycles. According to cycle theory, markets have a tendency to move in cyclical patterns from periods of bullishness to periods of bearishness and back to periods of bullishness. These cycles are repeated with a regularity that allows them to be used to anticipate price changes
600 USD
AlioFx CP
Alexandru Ionut Comanoiu
AlioFx Chart Patterns is an indicator that tries to discover classic chart patterns and to notify you before they are fully formed, so that you can have time to analyze them and take action. There are 23 discoverable patterns: Double Tops, Double Bottoms, Bullish Rectangles, Bearish Rectangles, Triple Tops, Triple Bottoms, Head and Shoulders, Revers Head and Shoulders, Symmetrical Triangles, Ascending Triangles, Descending Triangles, Diamonds, Reverse Diamonds, Bullish Flags, Bearish Flags, Bull
129 USD
Otros productos de este autor
MTF Supply Demand Zones
Georgios Kalomoiropoulos
Next generation of automated supply and demand zones. New and innovative algorithm that works in any chart. All zones are being created dynamically according to price action of the market. GET ALERTS WHEN A NEW ZONE IS FORMED  New Features: Alerts when a new Supply/Demand Zone is created. You have the possibility when a new zone is formed to get push notifications.  Zone width labels in pips One more timeframe on MTF. So now instead of 2 timeframes above the current you will be able to see 3 t
149 USD
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Legacy6
262
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.

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.

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!

Gaved
99
Gaved 2020.06.01 13:28 
 

Quality Trendline indicator. Really helps!

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.

Naser
1243
Naser 2020.09.17 09:39 
 

El usuario no ha dejado ningún comentario para su valoración

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