Alex_2072

TD Lines

This script will follow Tom Demark rules for drawing trendlines . It will automatically draw and update the current supply and demand trendlines using TD Points of the level you can select in the settings (up to level 5).

This version will draw the trendline from right to left (as Demark teaches) using 2 TD Points that are AT LEAST the level you choose in the settings. I prefer this instead of using 2 TD points that are EXACTLY the same level, because that can bring to weird drawings I don't like when there have been swings in the price. Maybe in future I will script another version that uses only exact match between TD Points.

It is good to use level 1 to identify short term swings and go up in level to identify more long term trends. Please note that level 4 or 5 can be rare and return nothing on some charts (an error message will appear after some searching time).

It is possible to activate alerts that will trigger when current price is under support trendline or over resistance trendline.

Have fun, I'd love to receive your feedback. Thank you!
Catatan Pelepasan: Reduced the width of trendlines to be more precise. Feedback by Operose. Thank you!
Catatan Pelepasan: Improved performance. Lines calculation now is more fast.
Catatan Pelepasan: Error message when TD Points level is too high for the chart is now shown on top of chart and can be changed in settings.
Catatan Pelepasan: Cosmetic Upgrade
Catatan Pelepasan: Changed to minimum the width of the lines for best precision.
Catatan Pelepasan: Limited maximum level of TD Points to 3, cause the use for higher values is very very rare and with this limitation performance is improved.
Catatan Pelepasan: Cosmetic change.
Skrip dilindungi
Skrip ini diterbitkan secara sumber tertutup dan anda boleh menggunakannya dengan bebas. Anda boleh menyukainya untuk menggunakannya pada carta. Anda tidak dapat melihat atau mengubah kod sumbernya.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.

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