Makito Trendline Indicator
- Indicatori
- Versione: 1.0
- Attivazioni: 20
Makito Trendline Indicator is a professional chart-analysis tool designed to identify relevant trendlines across multiple timeframes and monitor price interaction with them in real time.
The indicator displays potential buy and sell lines, marks confirmed signal events, and provides a dynamic exit line after a signal becomes active. It is designed to keep multi-timeframe trendline analysis organized and easy to follow directly from one chart.
KEY FEATURES
- Multi-timeframe analysis from W1 to M1
- Individually selectable timeframes
- Buy and sell trendline signals
- Candle-close or live-price confirmation
- Dynamic exit-line guidance
- Optional live exit signals
- Invalid-signal and time-based protection
- Higher-timeframe priority option
- On-chart information panel
- Entry and exit markers
- Popup and MetaTrader push notifications
- Restores active signal state after chart or terminal restart
- Customizable line, marker, and display colors
AVAILABLE TIMEFRAMES
W1, D1, H4, H1, M30, M15, M5, and M1.
HOW IT WORKS
The indicator continuously evaluates enabled timeframes and displays qualified buy and sell trendlines. A signal is activated when price confirms a valid line break according to the selected confirmation mode.
After activation, the original entry line is retained for reference while a separate exit line monitors the active signal. When stronger or more relevant price structure becomes available, the exit line can update automatically.
The on-chart panel shows the current status of every enabled timeframe, including available signal prices, active direction, exit-line level, and signal progress.
SIGNAL CONFIRMATION MODES
Candle Close
A signal is confirmed only after the chart candle closes beyond the relevant trendline and buffer.
Live Price
A signal is generated immediately when the live market price crosses the relevant trendline and buffer.
RECOMMENDED USE
- Use higher timeframes for broader market context.
- Use lower timeframes for faster signals and more frequent updates.
- Begin with candle-close confirmation when testing a new symbol or timeframe.
- Adjust the signal buffer according to the symbol's spread and volatility.
- Test all settings in the Strategy Tester or on a demo account before using the signals in live trading.
IMPORTANT
Makito Trendline Indicator is an analytical indicator only. It does not open, modify, or close trades. Signals are not guarantees of future market movement. Trading involves risk, and the user remains responsible for all trading decisions, position sizing, and risk management.
Developed by Riel Arthur Soliven.
