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Lineverse Trendlines


Automatic, live & interactive picture of all trendlines.

Assign push, email and sound alerts to the lines of your choice and be informed about price rollback, breakout, rollback after breakout, number of rollbacks, line expiration by double breakout.

Correct, drag or delete the lines and interactively tune the line system.


Chart examples https://www.mql5.com/en/users/efficientforex

Price Interaction Events

All events are effective immediately and only after one full bar test.
  • Rollback: the price has rolled back from the line
  • Breakout: the price has broken through the line
  • Rollback after breakout: after a breakout, the price has retraced back to the line and then rolled back again in the original breakout direction
  • Double breakout: the price has broken through the line in one direction, then, after a while, it has broken through the line in the opposite direction. This line is then considered as "expired".

The video illustrates these definitions in much greater detail.

For setting alerts, see the video, https://youtu.be/EJUo9pYiHFA?t=1m27s

Indicator Parameters

Each line is defined by two reference points (="pins") it passes through.


  • Trendline pins based on
    • HIGH&LOW: pins are situated at either High or Low of a bar
    • OPEN&CLOSE: pins are situated at either Open or Close location of a bar
  • Min bars to the left from a left pin - the minimum offset to the left from the left pin, before the line crosses the price graph, in bars
  • Min bars to the right from a right pin - the minimum offset to the right from the right pin, before the line crosses the price graph, in bars
  • Min bars between pins - the minimum distance between the left and the right pin, in bars
  • Maximum number of lines - the maximum number of lines on the chart

The last 4 parameters can be adjusted using the menu in the bottom left corner (see the video).


When the indicator is initialized, the initial trend line system is built. It is possible to adjust the initial search range for the pins with 2 parameters below:

  • maximal offset for right pins, in bars - the maximum offset from the left edge of the window for the right pin, in bars
  • extra offset for left pins, in bars - offset from the left edge of the chart to the left pin, in bars

2 vertical dashed control lines allow adjusting these parameters after the indicator launch: left pins can only appear to the right of the left control line, and right pins can only appear to the right of the right control line. The control lines are interactive, they can be dragged to the left/right thereby filtering and tuning the trend line system. See an example in the video https://youtu.be/wmDOj3Ouoig


  • Refine left pins - true: if several lines share the same left pin, only the top and the bottom ones will be displayed
  • Refine right pins - true: if several lines share the same right pin, only the top and bottom ones will be displayed
  • Clear expired lines - true: the expired lines will be deleted


  • Thickness ~number of bounces/retraces(up to 4) - true: if the price has rolled back from the line, the line thickness is increased. The thickness adjustment stops after 4 rollbacks
  • New Line Color - the color of the new trend lines
  • Bounce Line Color - the line color after the first price rollback
  • Broken Line Color - the line color after the first price breakout
  • Retrace Line Color - the color of the lines which had rollback after breakout
  • Edit Box Color - the color of the corner menu
  • Edit Box Level - distance between the lower boundary of the corner menu edit box and the chart bottom edge, in pixels
  • Edit Box Zoom Factor - scale factor for the corner menu, e.g. 1, 2, 3.2
  • Draw Right Vertical Line – true: display a vertical dashed line marking the bar of indicator launch
  • Draw trendlines as rays -true: draw trendlines up to the right edge of the chart
  • Sound alert file – sound alert file name
  • Language: English, Russian.
  • Relaunch upon history update- true: the indicator restarts every time the past quotes history is updated.
  • Show only tested lines: true – the lines are shown on the chart only after at least one price interaction event happens (rollback, breakout).
Comentarios 3
Kristmundur Roman Zakharii
Kristmundur Roman Zakharii 2018.05.16 18:10 

Great indicator! One of the best for trendlines on the market. I regularly use it. No need to draw trendlines yourself. It finds all of them (both after highs-lows and after open-close). Would it be possible to set to default true "clear expired lines" (they clutter the chart causing "analysis-paralysis") and also to default true "draw trendlines as rays". I always have to change it when applying. Thanks. 5 stars for this magic tool.

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[ Versión MT 5 ] Order Block Indicator MT5 Order Block Indicator MT4 es actualmente el indicador más preciso y personalizable del mercado. Ha sido desarrollado para facilitar el análisis de operativas basadas en Bloques de Órdenes y Zonas de Oferta y Demanda. Estas zonas son posibles puntos de reversión de un movimiento. Order Block Indicator MT4 resalta los bloques de órdenes activos de hasta 4TFs simultáneamente. A su vez, Order Block Indicator MT4 provee de un sistema de alerta visual que
224 USD
El Indicador Nihilist 5.0 incluye la Mejor Estrategias de Trading Forexalien y Nihilist Easy Trend. El indicador se compone de un Dashboard MTF en donde se puede analizar las distintas posibilidades de entradas de cada estrategia con un simple vistazo. Dispone de un sistema de alertas con distintos tipos de filtros configurables y por cada TF que desee seleccionar los avisos en su plataforma Metatrader 4 y Smartphone. El indicador tiene la opción de seleccionar los TP y SL por ATR o fijos y lo
299 USD
DESCRIPTION The CHAOS INDICATOR has been developed to be used for the TRADING STRATEGY OF CHAOS, as described in the book. The book is in italian language only and can be obtained only on my website indicated below. DATAS COLLECTED AND SHOWN ON GRAPHS The CHAOS INDICATOR apply easily to any graph and any asset, and it is a TRADING FACILITATOR, as it identify immediately the following items on any graph: - The GP (= RIGHT PRICE) i.e. the price to which the asset should be attracted within 24
380 USD
Candle Power Pro
Thushara Dissanayake
4.33 (6)
Libere el poder de la información de volumen real con el indicador   Candle Power Pro   . Esta herramienta dinámica captura los datos del volumen real de cada vela y los presenta como un porcentaje del volumen total. Al hacerlo, le permite discernir la lucha en curso entre compradores y vendedores en el mercado. Candle Power Pro muestra la batalla entre compradores y vendedores como un porcentaje del volumen total, brindándole información valiosa sobre la dinámica del mercado. Puede confirmar fá
450 USD
SMT Divergences MT4
Diego Arribas Lopez
5 (2)
MT5 Version SMT Divergences MT4 SMT Divergences is one of the most innovative indicators in the market. It offers the possibility of analyzing price divergences between 2 pairs. These divergences highlight and help to foresee what banks and institutions are planning to do. SMT divergences also provides you with a kill zones indicator and the possibility of filtering divergences occurring during these kill zones.  The strategy tester is limited in MT4. Contact the author to get your Demo Version
224 USD
'Zoro PRO' is a reversal strategy based MT4 indicator with advance pre-alert system. Its an 100% non repaint indicator with an average accuracy of about 70-95% in any kind of market. (EXCEPT BAD MARKET AND NEWS TIME) MT5 version:   https://www.mql5.com/en/market/product/90934  (MT5 version not recommended)  Recommended Broker: Alpari, Amarkets, tickmill. Recommended pairs for M1: AUDCHF AUDJPY CADCHF CHFJPY EURCAD USDJPY EURGBP GBPAUD GBPCHF GBPJPY -----------------------------
250 USD
Diamond Grail
Dmitriy Kashevich
The universal indicator Diamond Grail which received such a name is not so simple! The indicator has been tested for over a year by our experts! One of the best arrow indicators that is perfect for binary options and forex trading, If you trade on binary options, the best ragtime for it is from 3 minutes to a maximum of 5 minutes An arrow appears on the previous candle. If you trade forex, then the opening time from candle to candle Forex result From 40 To 1324 pips! Profitability
800 USD
Speed Trade
Dmitriy Kashevich
1 (1)
Speed ​​​​Trade - ¡Una gran herramienta en las manos adecuadas! ¡Lo que te permitirá mirar el mercado desde el otro lado! ¡Este producto mostrará todas las señales e impulsos ocultos que no haya visto! Indicador multidivisa que le permite operar en todos los pares de divisas. El producto también se está probando en materias primas y criptomonedas. Es recomendable utilizar marcos de tiempo que no superen los 1-5 m, esto es un comercio rápido e inteligente. Está totalmente configurado
750 USD
Bintang Binary R2
Anthonius Soruh
5 (2)
Bintang Binary Indicator work all pairs Time Frame : M5 Expaired : 1 Candle No Repaint, No Delay and Alerts Use manual and auto trading  Easy to use Trial Version, Rent Version and Full Version avaliable Trial Version >>> download here  https://www.mql5.com/en/market/product/54602 Trial Version not have Alerts Rent version 1 month, 3 month, 6 month, 9 month, and 1 years Auto trading is better use MT2 Trading Platform (Contact me for discount 10 % MT2 trading licence) Work good for forex trading
499 USD
Otros productos de este autor
A simplistic indicator informing a user on RSI divergence by sending messages to mobile device and email. The indicator draws 2 vertical lines, marking two RSI extrema that formed the divergence. You get the alert, open the charts and make a decision. The indicator does not show past divergences, thus when you attach it to a chart for the first time you see nothing. Graphics and alerts will appear as soon as divergences do. Drop it in Tester to see how it works. Parameters: RSIPeriod - number of
600 USD
Winston Sim Siong Khim
Winston Sim Siong Khim 2022.10.17 06:12 

El usuario no ha dejado ningún comentario para su valoración

Kristmundur Roman Zakharii
Kristmundur Roman Zakharii 2018.05.16 18:10 

Great indicator! One of the best for trendlines on the market. I regularly use it. No need to draw trendlines yourself. It finds all of them (both after highs-lows and after open-close). Would it be possible to set to default true "clear expired lines" (they clutter the chart causing "analysis-paralysis") and also to default true "draw trendlines as rays". I always have to change it when applying. Thanks. 5 stars for this magic tool.

Lea Boyd
Lea Boyd 2018.05.15 21:12 

Is ok but the new and tested lines usually don't delete until well after broken (I do NOT want new and tested lines treated as retracement lines) and he won't fix this and also won't offer option for lines to wicks ONLY.

Respuesta al comentario
Versión 1.24 2021.11.28
Recompiled with the latest Metaeditor v. 2392
Versión 1.23 2018.03.14
A new option added: draw all lines as rays.
Versión 1.22 2017.11.07
Bugfix for version 1.2, the new line color is now applied correctly
Versión 1.21 2016.02.16
a minor bugfix for v 1.2 (correct line display)
Versión 1.2 2016.02.15
The "Display only tested lines" option added.
Versión 1.1 2014.07.14
- Improved indicator loading upon timeframe change.
- Added an option to relaunch indicator upon history update.