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
Recensioni 2
xlxAxlx
1493
xlxAxlx 2024.11.15 21:14 
 

Thank you...

Muhamad Muhamad
174
Muhamad Muhamad 2024.05.08 14:21 
 

simple and nice, thank you

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Versione MT5 disponibile qui: https://www.mql5.com/en/market/product/50048 Canale e gruppo Telegram: https://t.me/bluedigitsfx Accesso al gruppo V.I.P: Invia la prova di pagamento di uno dei nostri prodotti a pagamento in messaggio privato Broker consigliato: https://bit.ly/BlueDigitsFxStarTrader BlueDigitsFx Easy 123 System — Indicatore potente per rilevare inversioni e breakout su MT4 Sistema tutto-in-uno non repaint per individuare facilmente cambi di struttura del mercato, breakout e in
Horizont
Ivan Stefanov
Horizont è un sistema di trading che fornisce una configurazione completa di operazione: punto di ingresso, target 1, target 2 e stop loss, tutti calcolati automaticamente. Il sistema identifica automaticamente i massimi e i minimi del mercato e li collega per definire il trend attuale. Lei seleziona quale trend tradare e Horizont genera i relativi livelli di ingresso, target e stop. Il sistema include una gestione automatica del rischio. Controlla il saldo del conto, calcola il rischio e sugge
Matrix Arrow Indicator MT4
Juvenille Emperor Limited
5 (3)
Matrix Arrow Indicator MT4 è un trend unico 10 in 1 che segue un indicatore multi-timeframe al 100% non ridipinto che può essere utilizzato su tutti i simboli/strumenti: forex, materie prime, criptovalute, indici, azioni.  Matrix Arrow Indicator MT4 determinerà la tendenza attuale nelle sue fasi iniziali, raccogliendo informazioni e dati da un massimo di 10 indicatori standard, che sono: Indice di movimento direzionale medio (ADX) Indice del canale delle materie prime (CCI) Candele classiche He
SMC Easy Signal
Mohamed Hassan
4.73 (15)
SMC Easy Signal was built to remove the confusion around the smart money concept by turning structural shifts like BOS (Break of Structure) and CHoCH (Change of Character) into simple buy and sell trading signals. It simplifies market structure trading by automatically identifying breakouts and reversals as they happen, allowing traders to focus on execution rather than analysis. Whether the market is continuing its trend or preparing to reverse, the indicator translates complex price action in
System Trend Pro
Aleksandr Makarov
5 (2)
System Trend Pro - This is the best trend trading indicator!!! The indicator no repaint!!!  The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips, close half of it, and keep the rest until the opposite
Altri dall’autore
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
FREE
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
FREE
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
FREE
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
FREE
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:
FREE
Trendline indicator
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
FREE
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
FREE
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
FREE
Partial Close
David Muriithi
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
FREE
Auto Breakeven
David Muriithi
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
FREE
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
FREE
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
FREE
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
FREE
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.
FREE
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.
FREE
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:
FREE
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
FREE
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
FREE
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.
FREE
FTMO Trading Panel
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
FREE
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.
FREE
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
FREE
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
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
1493
xlxAxlx 2024.11.15 21:14 
 

Thank you...

Muhamad Muhamad
174
Muhamad Muhamad 2024.05.08 14:21 
 

simple and nice, thank you

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