PRO CODED TREND LINE INDICATOR

SUITABLE CODER WILL DEFINE CONDITIONS , CONDITIONAL TREND LINES AND CHANNELS .WILL SUIT PROFESSIONAL CODING STYLE .NO AMATEURS . 

Write a custom indicator to draw 4 sets of channels and trend lines

draw heavier bolder trend lines for larger time frames and  lighter for lower time frames

all trend lines/channels  must be visible on 30 minute  / hourly charts  , 

Draw trend lines channels on three buffers (separate buffer for each trend line /channel) of the following  

1)highest time frame     daily and 4 hour trend lines channels 

2)medium time frames    4 hour and hourly trend lines channels 

3)lower  time frames    1 hour and 15 min  trend lines channels 

4)daily and weekly trend lines channels   , but use highest high /lowest low of last  21 days  instead of weekly candles  and latest daily low  /high..................................similiar to buffer 1  =  buffer 4

conditions for drawing trend lines/channels 

buffer 1 

1)highest time frames ....................if low of day 1 (yesterday) , is higher than low of day 2 or 3    , if true , draw bottom from day two or 3  low to day 1 low , extend to right  for current day

 .if high of day 1 (yesterday) , is lower than high of day 2 or 3    , if true , draw top trend line from day two or 3  high to day 1 high , extend to right  for current day

copy trend lines from bottoms to equidistant tops to form channel tops   , if higher highs in ANY OF last 3 days daily candles

 copy trend lines from tops to equidistant bottoms  to form channel  BOTTOMS   , if lower lows in ANY OF last 3 days  daily candles.

 buffer 2 

2)medium time frames ....................if low of h4 1 (last h4 candle) , is higher than low of  h4 2 or 3    , if true , draw bottom from h4 two or 3  low to h4 ,  1 low , extend to right  for current h4  candle

 .if high of h4,  1 (last h4 candle ) , is lower than high of h4 , 2 or 3    , if true , draw top trend line from h4 of 3  high to h4 last  1 lhigh, extend to right  for current h4  candle

copy trend lines from bottoms to equidistant tops to form channel tops   , if higher highs in ANY OF last 3 h4 candles

 copy trend lines from tops to equidistant bottoms  to form channel BOTTOMS   , if lower lows in ANY OF last 3 h4 candles

  buffer 3 

3)lower time frames ....................if low of h1 1 (last h4 candle) , is higher than low of  h1 2 or 3    , if true , draw bottom from h1 two or 3  low to h1 ,  1 low , extend to right  for current h1 candle

 .if high of h1,  1 (last h1 candle ) , is lower than high of h1 , 2 or 3    , if true , draw top trend line from h1 two or 3    high to h1 last  1 lhigh , extend to right  for current h1 candle

copy trend lines from bottoms to equidistant tops to form channel tops   , if higher highs in ANY OF last 3 h1 candles

 copy trend lines from tops to equidistant bottoms  to form channel BOTTOMS  , if lower lows in ANY OF last 3 h1 candles

correct trend lines channels are drawn from latest tops bottoms and connected to previous tops bottoms  , usually last two tops /bottoms  

When price is above a  up channel bottom draw arrow above channel bottom ,when price is below a down channel top draw arrow below channel top , inside the channel

 When price is above a  three moving averages draw arrow above channel bottom (in up channel),when price is below a below 3 moving averages (in down channel) draw arrow below channel top , inside the channel

add support resistance indicator to it and add lwma colour indicator