Today I am releasing a full-featured auto-trendline indicator. This makes it easier for beginners and professionals alike to analyze a charts trending support and resistance.
What are Trendlines and why do we use them? In short, a trendline is a diagonal line that connects to two or more price points on a chart to show the current direction of price. These are used to identify and confirm trend direction in technical analysis and show support and resistance points.
Utilizing pivot points and different calculations for sources we're able to create the trendlines; with adjustable slopes (or just use of proprietary calculations) we are able to make these lines to line up with the current trend.
How it's different:
Accurate auto-drawn calculated trendlines.
Fully customizable - the ability to adjust the trendlines easily to exact specifications with every type of trader in mind.
Can be used to spot long trend as well as short, by adjusting length or using extend both to see previous pivots it's touched. Then retracted, for perfect long trend.
Can show old trendlines for analysis (click image to see).
Auto-labels Higher-Highs, Higher-Lows, Lower-Highs, Lower-Lows at pivots.
Lining up trendlines with Break signals can help provide more accurate trendlines (potentially teaching) beginners how to draw them better.
Signature double trendline set.
Also notice the additional sell/buy signals (shown above).
Squeeze / Low-float mode adjusts to fit big moves.
Adjust the opacity to hide or fade a line (as seen above).
Pre-filled alerts for breakouts / breakdowns.
Please see author instructions for access.
Cheers, Mike
(UPRIGHT Trading)
Nota Keluaran
⋅
Added old trendline color adjustment.
Small aesthetic tweaks.
Nota Keluaran
⋅
-small cosmetic change - title
Nota Keluaran
⋅
Auto-Trendlines SR Pro 2.0 update
Instant Trendline Support Resistance Defaults now more accurate.
Changed color scheme for pivots to match closer to price action.
Rapid Trendlines
Several adjustment options as always.
Rapid Trendlines - Extension Right
Rapid Trendlines - Extension (Full) Both ways
RT Lines - No Extension
Nota Keluaran
⋅
Auto-Trendlines SR Pro 2.1
Added text and some instructions.
New - Rapid Levels (with more Levels option) - Key levels that change from Green to Red as they become Resistance and vice versa. Perfect for beginners, but also for the seasoned trader to have unbiased levels.
New - Rapid Pivots (beta) - Pivots on each candle.
Optimized defaults and Rapid Trendlines.
Nota Keluaran
⋅
Update 8.14:
Scalp Mode (beta) to assist with more frequent Swing Signals (HH, LL, etc.). Please see tooltips for help.
Updated Alerts: Buy/Sell is Triangle Up/Down, B2/S2 is Breakout/Breakdown, and added HH,LL,HL,LH alerts.
UI updates.
Nota Keluaran
⋅
UPDATE 9.18:
Improved Rapid Trendlines.
NEW! Session Anchored VWAP with adjustable session.
Added ability to turn on/off individual trendlines without using transparency.
good afternoon is it possible to gain access to this indicator
UPRIGHTTrading
⋅
@Suradafa777, yes of course, just follow the author instructions. My site takes care of all free trials, thanks
sanal77
⋅
Hello, I will be glad if you approve.
UPRIGHTTrading
⋅
@sanal77, Hello, sorry I missed this message, please follow the instructions listed in author instructions as that takes care of everything for me. Feel free to send me a message with questions. Thanks