Upper and Lower Trendline

5

This indicator uses a different approach from the previous version to get it's trendlines. This method is derived from Orchard Forex, and the process of making the indicator is demonstrated in there video https://www.youtube.com/watch?v=mEaiurw56wY&t=1425s.
The basic idea behind this indicator is it draws a tangent line on the highest levels and lowest levels of the bars used for calculation, while ensuring that the lines don't intersect with the bars in review (alittle confusing? I know).

Let's dive into the practical side of things to get a better understanding. Skim through the photos, download the indicator and test it out for yourself to get a better feel of how it works.

Video description: https://youtu.be/eMDgL4BdYcc

For more free stuff: https://ABCtrading.xyz


Video Upper and Lower Trendline
Avis 2
xlxAxlx
1503
xlxAxlx 2024.11.15 21:14 
 

Thank you...

Muhamad Muhamad
171
Muhamad Muhamad 2024.05.08 14:21 
 

simple and nice, thank you

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Un indicateur technique qui structure les graphiques et identifie les mouvements de prix cycliques. Peut fonctionner sur n'importe quel graphique. Plusieurs types de notifications. Il y a des flèches supplémentaires sur le graphique lui-même. Sans revenir sur l'histoire, fonctionne sur la fermeture de la bougie. TF recommandé à partir de M5 et plus. Facile à utiliser et à configurer les paramètres. Lorsque vous utilisez 2 indicateurs avec des paramètres différents, vous pouvez les utiliser sans
Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Le Fibonacci Confluence Toolkit Multi-Timeframe est un outil avancé d'analyse technique conçu pour les traders professionnels, aidant à identifier les zones potentielles de renversement des prix en combinant des signaux et des modèles clés du marché. Avec des capacités d'affichage multi-
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An ICT fair value gap is a trading concept that identifies market imbalances based on a three-candle sequence. The middle candle has a large body while the adjacent candles have upper and lower wicks that do not overlap with the middle candle. This formation suggests that there is an imbalance where buying and selling powers are not equal. Settings Minimum size of FVG (pips) -> FVGs less than the indicated pips will be not be drawn Show touched FVGs Normal FVG color -> color of FVG that hasn't
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Trend Line Channel
David Muriithi
3.85 (13)
This indicators automatically draws the Trend Channels for you once you've dropped it on a chart.  It reduces the hustle of drawing and redrawing these levels every time you analysis prices on a chart. With it, all you have to do is dropped it on a chart, adjust the settings to your liking and let the indicator do the rest.  Get an alternative version of this indicator here:   https://youtu.be/lt7Wn_bfjPE For more free stuff visit:  https://abctrading.xyz Parameters 1) Which trend do you want t
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Are you tired of drawing trendlines every time you're analyzing charts? Or perhaps you would like more consistency in your technical analysis. Then this is for you. This indicator will draw trend lines automatically when dropped on a chart. How it works Works similar to standard deviation channel found on mt4 and mt5. It has 2 parameters: 1. Starting Bar 2. Number of bars for calculation The   starting bar   is the bar which drawing of the trend lines will begin, while the   number of bars for c
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Have you ever wondered which currency is the strongest at any particular time? Or which currency pair is trending the most. Well, the currency strength meter helps with just that.  It compares  USD ,  EUR ,  AUD ,  CHF ,  GBP ,  CAD  and  NZD  depending on the timeline you have chosen in settings, and ranks them on the number of pips each has moved compared to the rest. N/B: All currency charts of the above pairs must have loaded. You can do this by highlighting all major and minor currencies in
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This indicators automatically draws the   support and resistances   levels (key levels) for you once you've dropped it on a chart. It reduces the hustle of drawing and redrawing these levels every time you analyse prices on a chart. With it, all you have to do is drop it on a chart, adjust the settings to your liking and let the indicator do the rest. But wait, it gets better; the indicator is absolutely free! For more information:  https://youtu.be/rTxbPOBu3nY For more free stuff visit:  https:
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Calculating the number of lots needed so as to make sure you are risking a specific percent of account balance can be tedious. Luckily, there are websites that make this task a lot easier. This indicator takes things to the next level as it ensures you don’t have to leave the metatrader platform to perform these calculations. The lot-size calculator is a simple calculator that works in all forex currency pairs, BTCUSD, US500, HK50 and XTIUSD. For more free stuff:  http://abctrading.xyz
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This indicators automatically draws the Support and resistances levels for you once you've dropped it on a chart.  It reduces the hustle of drawing and redrawing these levels every time you analysis prices on a chart. With it, all you have to do is dropped it on a chart, adjust the settings to your liking and let the indicator do the rest.  But wait, it gets better; the indicator is absolutely free!  Get the new and improved version here:  https://youtu.be/rTxbPOBu3nY Parameters Time-frame  -> T
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The   currency strength momentum   has a lot of similarities with   currency strength meter   presented in the previous page, but the difference are much more pronounced. You can try putting both in the same chart and see the difference in results.   Currency strength momentum   measures strength of a currency based on (you guess it) it's momentum relative to other currencies, while   currency strength meter   measures the strength of a currency based on pips it has moved in a certain direction.
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Introducing a powerful MetaTrader 5 Expert Advisor designed to enhance your trading strategy – the Auto Breakeven EA! This feature-rich EA is tailored to bring your stop-loss to breakeven, ensuring a risk-free trade once the market moves in your favor up to a specified price. Explore the full potential of the Auto Breakeven EA. Download it for free now, and find the download link at the bottom of our page. Elevate your trading experience and take control of your risk management strategy. Happy
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Have you ever wondered which currency is the strongest at any particular time? Or which currency pair is trending the most. Well, the currency strength meter helps with just that.  It compares  USD ,  EUR ,  AUD ,  CHF ,  GBP ,  CAD  and  NZD  depending on the timeline you have chosen in settings, and ranks them on the number of pips each has moved compared to the rest. N/B:   All currency charts of the above pairs must have loaded. You can do this by highlighting all major and minor currencies
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This indicator is an automated version of the Fibonacci retracement (Fib) indicator. Deciding the best areas to use when drawing the fib can be tricky and this  indicator was made with that in mind. When you drop it on the chart it will automatically choose the best points to draw the fib with, but in case you aren't satisfied with those regions, you can adjust it as you wish.
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RSI GbjJpy Bot
David Muriithi
3 (1)
There are thousands, if not millions, of strategies on the internet, but only less than 10% work and of those even less have stood the test of time. Very few strategies have successfully weathered the 2008-2009 financial crisis, 2020 covid effects on the markets and all other unforeseen events that have affected the market in the last 2 decades. That being said, the strategy I feature in this episode does just that, the epitome of stability as I’ll show in a 20 year back-test. The source of th
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This indicator uses a different approach from the previous version to get it's trendlines. This method is derived from Orchard Forex, and the process of making the indicator is demonstrated in there video   https://www.youtube.com/watch?v=mEaiurw56wY&t=1425s . The basic idea behind this indicator is it draws a   tangent line   on the highest levels and lowest levels of the bars used for calculation, while ensuring that the lines don't intersect with the bars in review (alittle confusing? I know
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David Muriithi
2 (1)
Are you tired of drawing trendlines every time you're analyzing charts? Or perhaps you would like more consistency in your technical analysis. Then this is for you. This indicator will draw trend lines automatically when dropped on a chart. How it works Works similar to standard deviation channel found on mt4 and mt5. It has 2 parameters: 1. Starting Bar 2. Number of bars for calculation The   starting bar   is the bar which drawing of the trend lines will begin, while the   number of bars for c
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For Meta Trader 4. We have all experienced a situation where the market wipes out our stoploss before it turning in the direction we had anticipated.  This is experience becomes more frequent when we use a trailing stoploss. If only there was a way to place and trail the stoploss just the perfect amount of pips away. Well, there is...   The Average True Range (ATR) is a one of the most popular technical analysis indicator, introduced by J.Welles Wilder, that measures Market Volatility for a give
The idea behind this indicator is to find all currency pairs that are over-bought or over-sold according to the RSI indicator at one go. The RSI uses the default period of 14 (this can be changed in the settings) and scans all symbols to find the RSI level you will have specified. Once currency pairs that meet the specification are found, the indicator will open those charts for you incase those charts aren't open and proceed to write the full list of currencies on the experts tab.
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Having trouble marking where the various forex sessions start and end? Or perhaps your strategy requires you trade only in a specific session, then this is for you. The session indicator shades the session you require in a certain color so that you can identify it easily. The sessions shown include: London session, New York session, Asian Session, Asian - London overlap and London - New York Overlap. Difference source give varying time ranges for the various session, mostly differing by not m
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This indicators automatically draws the   support and resistances   levels (key levels) for you once you've dropped it on a chart. It reduces the hustle of drawing and redrawing these levels every time you analyse prices on a chart. With it, all you have to do is drop it on a chart, adjust the settings to your liking and let the indicator do the rest. But wait, it gets better; the indicator is absolutely free! For more information:  https://youtu.be/rTxbPOBu3nY For more free stuff visit:  https:
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Have you ever been in a winning trade and wanted to close say half of position to lock in some profit. Well, this expert advisor does just that for you, and it's absolutely free. What you need to do is set what percentage of your trade you'd like closed and then set the price you like to close at. It that simple. To get a better understanding of how it works, then watch the video below. Note: The EA only works with one timeframe, changing timeframes will result in lose of all data by the EA i
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David Muriithi
5 (1)
The world of prop firm trading is one filled with tension and excitement in equal measure, and   FTMO   is definitely the most reputable firm out there. On one hand is the prospect of making huge sums of money and on the other, losing all the money you have invested. The easiest way of the latter scenario occurring is   drawdown , and more often than not   daily drawdown . It's what keeps us constantly checking our phones, the pain of every traders existence. What if there was a way of making
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Having trouble marking where the various forex sessions start and end? Or perhaps your strategy requires you trade only in a specific session, then this is for you. The session indicator shades the session you require in a certain color so that you can identify it easily. The sessions shown include: London session, New York session, Asian Session, Asian - London overlap and London - New York Overlap. Difference source give varying time ranges for the various session, mostly differing by not mo
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The   currency strength momentum   has a lot of similarities with   currency strength meter   presented in the previous page, but the difference are much more pronounced. You can try putting both in the same chart and see the difference in results.   Currency strength momentum   measures strength of a currency based on (you guess it) it's momentum relative to other currencies, while   currency strength meter   measures the strength of a currency based on pips it has moved in a certain direction.
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The world of prop firm trading is one filled with tension and excitement in equal measure, and   My Forex Funds   is on the forefront of bring that world to regular traders. On one hand is the prospect of making huge sums of money and on the other, losing all the money you have invested. The easiest way of the latter scenario occurring is   drawdown , and more often than not   daily drawdown . It's what keeps us constantly checking our phones, the pain of every traders existence. What if there w
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Every trading guru, every YouTube tutorial, every trading book and every experienced trader tells us to risk a certain predetermined percentage of our account on a trade. (This isn't gambling! They said). But what they don't tell us is the number of computations it takes to balance the calculations of lot size, percentage risk and risk reward ratio all while ensuring the stoploss is the right number of pips away.  Enter The Forex Calculator. This Expert adviser is designed to make your trading s
For Meta Trader 5. We have all experienced a situation where the market wipes out our stoploss before it turning in the direction we had anticipated.  This experience is more frequent when you use a trailing stoploss. If only there was a way to place and trail the stoploss just the perfect amount of pips away. Well, there is...   The Average True Range (ATR) is a one of the most popular technical analysis indicator, introduced by J.Welles Wilder, that measures Market Volatility for a given numbe
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xlxAxlx
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xlxAxlx 2024.11.15 21:14 
 

Thank you...

Muhamad Muhamad
171
Muhamad Muhamad 2024.05.08 14:21 
 

simple and nice, thank you

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