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Auto Trend Lines - based on pivots

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This indicator is able to automatically draw trend lines projected into the future, based on the latest highs and lows (pivots). It draws a downtrend line if the latest highs are descending and draws an uptrend line if the latest lows are ascending, providing dynamic resistance and support guidance over time. Through the settings it is possible to display only what you need and finally it is possible to set up alerts for the upward or downward cross of one of the trend lines in progress.
Combine it with your trading tools and it will be a guide to action for you!
Nota Keluaran
updated to pine script v5

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.