• 概述
  • 评论 (2)
  • 评论 (4)
  • 新特性

Xtreme TrendLine

Xtreme TrendLine is an advanced powerful trend indicator. This indicator is based on candles analysis and trend channels. It can be used on any trading pair or instrument on any time-frame. This indicator is accessible in EA via iCustom functions and is fully customizable by user.

READ FULL DESCRIPTION AND POSSIBLE ADJUSTMENTS TIPS

Features

  • Any trading instrument
  • Any timeframe
  • Fully customizable by user
  • More Trendlines on one chart
  • Can be used in EA via iCustom function


Possible usage

Use on any time-frame (below are some suggestions):
  • M15 for fast scalping
  • M30, H1 for day trading
  • H4 for swing trading
  • D1, W1 for position trading

Can be use on more timeframe at once to catch best moment for the trade entry.

Can be placed more time to one chart with different settings for better trend filtering.


Possible adjustments - Tips:

By increasing PriceLineMainPeriod and PriceLineFilter parameter the indicator will create less false signals but also detection of the trend reversal will be slower.

Generally said:

  • Higher PriceLineMainPeriod  value - slower indicator but less false signals
  • Higher PriceLineFilter value - slower indicator but less false signals (recommended to use higher numbers for the more volatile trading pairs)
Lower time-frames require higher PriceLineMainPeriod and PriceLineFilter values in general 

You can find some examples on the blog:


Indicator Buffers:

  • #0: Trendline value
  • #1: Trendline UP
  • #2: Trendline DOWN
  • #5: Uptrend reversal
  • #6: Downtrend reversal


Parameters

General Settings
  • EnablePushNotifications - Enable/disable push notifications
  • EnableAlerts - Enable/disable alerts
Trendline Settings
  • PriceLineMainPeriod - Main trendline detection period¨
  • PriceLineFilter - Filtering constant
  • PriceLineSmoothPeriod - Main trendline smooth period
  • UptrendBackColor - Background color for UPtrend line
  • UptrendFrontColor - Foreground color for UPtrend line
  • DowntrendBackColor - Background color for DOWNtrend line
  • DowntrendFrontColor - Foreground color for DOWNtrend line
  • BackLineWidth - Background Trendline width
  • FrontLineWidth - Foreground Trendline width
  • ShowTrendArrows - Show/Hide Reversal arrows
  • ArrowUpColor - UPtrend reversal arrow color
  • ArrowDownColor - DOWNtrend reversal arrow color
  • ShowReversalPoint - Show/Hide Reversal points on trendline
  • ReversalPointColor - Reversal points color
  • LineInBackground - Trendline in foreground/background selction

Trend Stable Area Settings

  • ShowStableTrend - Show/Hide stable trend area channel
  • StableTrendMaxVariance - Maximum variance for stable trend area detection
  • StableTrendMinLength - Minimum bars for the stable trend area detection
  • StableTrendMaxWidth - Maximum bars distance for the stable trend area
  • StableTrendAreaColor - Stable trend area channel color
  • StableTrendAreaLineStyle - Stable trend area channel line style
  • StableTrendAreaLineWidth - Stable trend area channel line width
  • StableTrendAreaProlong - Stable trend area channel lines prolong to the future
  • StableTrendAreaFill - Stable trend area channel fill with color


Rick G
26
Rick G 2019.07.16 05:19 
 

Super!

Dr Waleed Mahdy
2278
Dr Waleed Mahdy 2019.07.14 15:43 
 

thanks for your effort

cool one

版本 1.5 2019.07.14
- Added notifications of trend change