Swing Trade Pros - Auto Trend Lines
The STP Auto Trend Lines accurately identify the real-time trend lines automatically helping you find breakouts before they happen. The indicator uses weighted moving averages to show the overall direction of the underlining asset. The higher time frames will always produce the most reliable trend lines. Once the second swing high or low has been identified the indicator automatically draws the trend lines. The Trend Lines form key market structures and once the pattern is broken a big move usually follows. If the trend is rising it indicates it may be better to enter long positions. If the trend is falling it indicates it may be better to enter short positions.