SynapticTrendline

SynapticTrendline — Automatic Trendlines with Touch and Break Statistics

Overview

SynapticTrendline is a chart-window indicator for MetaTrader 5. It automatically detects and draws support and resistance trendlines, then tracks how price interacts with them: touches, held or failed touches, breakouts, follow-through or failure, and retests. Selected candles can be colored, and a compact panel summarizes the current statistics.

This indicator is designed as an analysis and education tool. It does not provide investment advice, trading signals, or any guarantee of trading results.

Main features

  • Automatic support and resistance trendline detection with configurable sensitivity.

  • Touch tracking with states for pending, held, failed, and timeout.

  • Breakout tracking for upward and downward breaks.

  • Follow-through and breakout-failure evaluation.

  • Retest detection with event labels.

  • Candle highlighting for touch states, breakouts, breakout failures, and retests.

  • Compact statistics panel for live lines, nearest support/resistance distance in ATR, touch-held rate, breakout follow-through rate, retest rate, and average touches per break.

  • Nearest-line markers showing ATR distance and touch count.

  • Optional alerts for new trendline, breakout, and touch events. All alerts are disabled by default.

  • English input names and chart output text.

  • No DLL calls, no WebRequest, no external links, no personal data collection, and no account-based restrictions.

How to use

  1. Attach the indicator to a normal MetaTrader 5 chart.

  2. Allow history and ATR data to load.

  3. In the “Trendlines” group, adjust detection sensitivity, minimum touches, maximum active lines, and maximum line span.

  4. In the “Measurement” group, set the ATR move threshold and evaluation window used for touch/breakout judgment.

  5. In the “Drawing” group, choose whether to show event labels, touch labels, touch-state candle colors, and breakout-result candle colors.

  6. In the “Panel” group, enable or disable the statistics panel, nearest-line markers, and legend.

  7. Optional alerts can be enabled in the “Alerts” group. They are off by default.

  8. Read the panel and candle colors to review trendline interactions.

Panel and legend

  • TRENDLINES: number of live support/resistance lines.

  • RESISTANCE / SUPPORT: nearest live line distance in ATR and its touch count.

  • TOUCH HELD: percentage of evaluated touches that held versus failed.

  • BREAK FOLL.: percentage of evaluated breakouts that followed through versus failed.

  • RETESTED: retest percentage and average touches per break.

  • TBD / Held / Fail: touch-state legend.

  • Pend / Foll / Fail: breakout-state legend.

Input parameters

Group Parameter Default Purpose
Trendlines InpPivLen 8 Pivot sensitivity for trendline detection.
Trendlines InpMaxPer 3 Maximum active lines per side.
Trendlines InpLookPiv 6 Number of recent pivots considered during line search.
Trendlines InpTolAtr 0.25 Touch tolerance in ATR.
Trendlines InpBrkAtr 0.10 Breakout confirmation buffer in ATR.
Trendlines InpMinLen 10 Minimum bars between anchor points.
Trendlines InpMinTch 3 Minimum touches required to keep a line.
Trendlines InpMaxBars 6000 Maximum history bars processed.
Trendlines InpMaxLineSpan 2000 Maximum trendline span in bars.
Measurement InpMoveAtr 1.00 Move-away threshold in ATR for touch/breakout evaluation.
Measurement InpEvalBar 20 Evaluation window in bars.
Drawing InpExtR 15 Right extension length in bars.
Drawing InpKeepBrk 2 Number of broken lines kept on chart.
Drawing InpMaxEventMarks 500 Maximum retained event labels; oldest deleted first.
Drawing InpShowEv true Show breakout and retest labels.
Drawing InpShowTch true Show touch-count labels on lines.
Drawing InpShowTchMk true Color candles to mark touch state.
Drawing InpShowBrkRes true Color candles to mark breakout result.
Marker Offsets InpArrowOffPts 50 Legacy parameter retained for template compatibility.
Marker Offsets InpLabelOffPts 100 Label offset in points.
Marker Offsets InpDotOffPts 50 Legacy parameter retained for template compatibility.
Marker Offsets InpRTLabelOffPts 100 Retest label offset in points.
Candle Colors InpBearCandle / InpBullCandle clrNONE Bear/bull candle colors. Default NONE keeps normal chart focus; set colors if needed.
Candle Colors InpBrkUpCandle / InpBrkDnCandle LimeGreen / Red Breakout candle colors.
Candle Colors InpBrkFailCandle Gray Breakout-failure candle color.
Candle Colors InpRetestCandle Yellow Retest candle color.
Candle Colors InpTouchPend / InpTouchHeld / InpTouchFail / InpTouchTimeout Various Touch-state candle colors.
Panel InpShowTbl true Show statistics panel.
Panel InpShowNear true Show nearest support/resistance markers.
Panel InpShowLegend true Show panel legends.
Alerts InpAlBrk false Alert on breakout.
Alerts InpAlNew false Alert on new trendline.
Alerts InpAlTch false Alert on touch.
Trendline Colors InpColSup / InpColRes DodgerBlue / MediumVioletRed Support/resistance line colors.
Trendline Colors InpColPanel / InpColText / InpColBorder Various Panel background, text, and border colors.

Notes and limitations

  • This product is an analysis and education tool. It does not provide investment advice and does not guarantee profit.

  • Results depend on symbol, timeframe, history, volatility, and user settings. Past market interactions do not guarantee future behavior.

  • ATR data is used for tolerance, breakout confirmation, distance display, and event evaluation. Please allow the chart to load sufficient history.

  • Alerts are optional and disabled by default.

  • All input parameter names and chart output messages are in English.

  • The product does not contain DLL calls, WebRequest, external links, third-party support links, or personal data collection.

Release plan

At the current stage, the product is available without charge on MQL5 Market. When Market downloads exceed 500, the author plans to change the product page to a subscription/rental service using terms supported by MQL5 Market. This plan applies to the future acquisition method. Existing users follow MQL5 Market rules and the valid activation count. Final terms will be shown on the product page.


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Cristhian Alexander Gaibor Cuasquer
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Ihor Otkydach
5 (3)
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4 (4)
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Automatic Support and Resistance Levels with Breakout Tracking Product name note: the file name and the indicator short name in the source are AutomaitcSR . The correct spelling AutomaticSR is recommended before submission. Use one identical name for the file, the short name and the Market product title. Short description (for the Market product card) Automatic support and resistance levels built from confirmed swing pivots, with ATR-based filtering, optional level zones, breakout marking and a
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