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Trend lines by direction MT5

Trend Lines 


Automatically draw trend lines.

This indicator automatically draws trend lines on your chart. 

The indicator creates up to 6 trend lines, both support and resistance by analysing three sets of bars on the chart. 

The first set support and resistance lines are created by looking at the first 200 bars on the chart. The second set is constructed from 400 bars on the chart, with the final set made by analysing 600 bars.

For each set, you can specify if you are looking for either an upward or downward trend, or allow the chart to decided on the best direction.

An on-screen window allows you to change the direction without having to reload the chart. It also provides feedback.

Unlike other trend line generators, this indicator won't show broken trend lines.


Setting

You can change the direction settings on screen as well as when the indicator is loaded.


Direction of large trend?

-> Best fit trend lines (Allow the indicator to decided)

-> Look for upward trend lines

-> Look for downward trend lines


Direction of medium trend?

-> Best fit trend lines (Allow the indicator to decided)

-> Look for upward trend lines

-> Look for downward trend lines


Direction of small trend?

-> Best fit trend lines (Allow the indicator to decided)

-> Look for upward trend lines

-> Look for downward trend lines


Colour settings:

Color of the long resistance line -> default value blue.

Color of the long support line -> default value red.

Color of the medium resistance line -> default value pink.

Color of the medium support line -> default value lime.

Color of the short resistance line -> default value green.

Color of the short support line -> default value yellow.


New for version 1.2 - the ability to hide or show the interface.


Should the interface appear?
-> Show the interface
-> Hide the interface (This is the default)


I you have any thoughts or ideas on ways to improve this indicator, please don't hesitate to contact me.



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Pivot Prof
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Un indicador excepcional ... Obtenga increíbles oportunidades comerciales con Pivot Prof y use los niveles que usan los profesionales, ¡mejore sus operaciones hoy! Pivot Prof es rico en funciones y utiliza algoritmos únicos para calcular y mostrar los niveles de negociación de múltiples marcos de tiempo en un solo gráfico fácil de leer, y proporciona alertas de terminal, móvil y correo electrónico, además de personalización completa. Actualización importante Maximice el potencial de Pivot P
69 USD
Blahtech Market Profile MT5
Blahtech Limited
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
95 USD
LT Easy Market
Thiago Duarte
Easy Market makes the market easier to trade. It allows you to see an "eternally" side (no trend) market, making it extremely easy to see when the price is overbought or oversold. Both trend and consolidation traders will like Easy Market. You can use it as an auxiliary window (below chart) or in full screen mode. See the screenshots and note how it gives you accurate entries! Free demo version:   https://www.mql5.com/pt/market/product/41869 Free signals emitter:   https://www.mql5.com/en/market
50 USD
Divergence dashboard MT5
Jan Flodin
This  multi time frame and multi symbol  divergence dashboard indicator sends an alert when one or two different divergences have been identified on several time frames. It can be used with all time frames from M1 to MN . Max. 9 time frames can be shown in the dashboard at the same time . It is possible to enable moving average, RSI or Bollinger bands trend filter to filter out only the strongest setups. The free version of this indicator can be downloaded  here   for testing before you decide t
39 USD
Pivot Channels PRO MT5
Dmitry Zmitrovich
⭐⭐⭐⭐⭐ I'm glad to present you my new "Pivot Channels Pro" indicator. ⭐⭐⭐⭐⭐ It builds on my previous indicators and over six years of experience using them. This indicator includes all the best strategies that I have researched. When developing and optimizing, I used ML algorithms. The indicator is very easy to use. Now the indicator has 3 basic strategies and the ability to customize your own strategy. I am constantly looking for better strategies. Telegram channel:   https://t.me/d_product
50 USD
VTrende
Andrey Dyachenko
VTrende - MTF indicator for trend trading with a display panel for MT5 Although the signals of the VTrende indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. The main task of the indicator - is to determine the points of change in the direction of the trend. The indicator signal appears in two versions: Advance - when the trend ends To be continued - when the trend is already on The indicator sho
497 USD
Harmonic ABCD Monitor MT5
Mihail Matkovskij
Multi-currency, multi-timeframe, harmonic pattern indicator AB = CD. Supports sending push notifications about signals to a mobile device, messages on e-mail, as well as messages using alerts on all available currency pairs and timeframes. This indicator was based on the indicator Harmonic ABCD Universal. Version for MetaTrader 5:  https://www.mql5.com/en/market/product/44972 . See also: Harmonic ABCD Universal for MetaTrader 4 . Using modern software development methods has made the indicator a
230 USD
Elder AutoEnvelope
Financial Trading Seminars Inc.
Envelopes or channel lines are set parallel to the Moving Average (to the slow MA if you use two MAs). The two channel lines must contain approximately 95% of all prices for the past two or three months on a daily chart, with only the extremes protruding outside. Channel lines provide attractive profit targets - sell longs near the upper line and cover shorts near the lower line. The AutoEnvelope is a custom indicator - an original tool that automatically selects channels width by calculating a
39 USD
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Versión 1.3 2020.11.26
v1.03 Added new mini-trend line for fine-tuning the trend
Versión 1.2 2020.11.09
v1.02 New parameter to hide the interface.

When you select the inputs for the indicator, you can now specify if the interface appears.

The new parameter is:

"Should the interface appear?"

The options are:

"Show the interface"

"Hide the interface" (This is the default)
Versión 1.1 2020.11.08
v1.01 Lines are now extended into the future.