OPEN-SOURCE SCRIPT
Trendlines [KTY]
[KTY] Trendlines
Hi, I'm Kim Thank You ๐
KTY = Kim Thank You (๊น๋กํ)
Automatically draws trendlines by connecting Higher Lows (uptrend) and Lower Highs (downtrend) pivots.
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๐ FEATURES
- Auto-Detection
- Connects rising lows for bullish trendlines (green)
- Connects falling highs for bearish trendlines (red)
- Visual Extension
- Solid line: confirmed trendline
- Dotted line: projected extension
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ HOW TO USE
- Bullish trendline support โ Higher chance of upward move
- Bearish trendline resistance โ Higher chance of downward move
- Trendline break โ Check for potential trend reversal
- Multiple trendlines at same level โ Stronger zone
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ก TIPS
- Higher timeframe trendlines are more reliable
- Watch for confluence with S/R levels
- Volume spike on break increases validity
- Use with other indicators for confirmation
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ ๏ธ DISCLAIMER
This indicator is for educational purposes only.
Not financial advice. Always do your own research.
Hi, I'm Kim Thank You ๐
KTY = Kim Thank You (๊น๋กํ)
Automatically draws trendlines by connecting Higher Lows (uptrend) and Lower Highs (downtrend) pivots.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ FEATURES
- Auto-Detection
- Connects rising lows for bullish trendlines (green)
- Connects falling highs for bearish trendlines (red)
- Visual Extension
- Solid line: confirmed trendline
- Dotted line: projected extension
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ HOW TO USE
- Bullish trendline support โ Higher chance of upward move
- Bearish trendline resistance โ Higher chance of downward move
- Trendline break โ Check for potential trend reversal
- Multiple trendlines at same level โ Stronger zone
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ก TIPS
- Higher timeframe trendlines are more reliable
- Watch for confluence with S/R levels
- Volume spike on break increases validity
- Use with other indicators for confirmation
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ ๏ธ DISCLAIMER
This indicator is for educational purposes only.
Not financial advice. Always do your own research.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Hi, I'm Kim Thank You ๐
KTY = Kim Thank You (๊น๋กํ)
After years of trading, I've studied countless technical analysis methods.
Now I create and share indicators based on that experience ๐
KTY = Kim Thank You (๊น๋กํ)
After years of trading, I've studied countless technical analysis methods.
Now I create and share indicators based on that experience ๐
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Hi, I'm Kim Thank You ๐
KTY = Kim Thank You (๊น๋กํ)
After years of trading, I've studied countless technical analysis methods.
Now I create and share indicators based on that experience ๐
KTY = Kim Thank You (๊น๋กํ)
After years of trading, I've studied countless technical analysis methods.
Now I create and share indicators based on that experience ๐
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.