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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


Comentários 1
Muhamad Muhamad
163
Muhamad Muhamad 2024.05.08 14:21 
 

simple and nice, thank you

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Muhamad Muhamad
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Muhamad Muhamad 2024.05.08 14:21 
 

simple and nice, thank you

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Versão 2.0 2022.09.05
Fixed bug that was in previous version.