This indicator "TrendLine Cross", is designed to plot trend lines so you can spot potential trend reversal points on the charts. The main function is to draw several lines on the chart and identify the crossings between these lines, which can be significant indicators for trading. The lines are based on different periods which can be changed in the settings...
Overview The trendline is one of the most potent and flexible tools in trading. A rising trendline indicates an upward trend, a falling trendline indicates a downward trend, and a flat trendline indicates a range-bound bond market. Breakouts, price bounces, and reversal / Retest tactics are all types of trades that may be made using a trendline. Additionally,...
This script aims to identify and plot trend lines and pivot points on a price chart, with the aim of facilitating technical analysis for trading. The script allows users to configure a number of parameters including the period for Pivot Points, the maximum number of pivots, and the maximum number of trend lines. Pivot points (local highs and lows in the price...
Hello Everyone. This is my first script on TV, hope you find it useful. How it works? - On each bar it finds last x (depending on your settings) higher and lower Pivot Points ( PP ). - It searches for possible trend line from oldest PP to newest, once found it stops and draws the line. - The higher the time frame the lower the number of PP needed. Play...
Hello Traders! We need to make things better & better to solve the puzzle and I try to do my best on this way. now I am here with my new Trend Lines Pro for Indicators script. As you know, Trend Lines is very subjective and many people (even professionals) draw different Trend Lines on the same chart. This is confusing and there must be an automation to make...