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You are here: Home / Archives for Trendline Indicators

Trendline Indicators

Trendline Indicator will draw a line over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame.

PZ Auto-TrendLines

February 20, 2015 By Hung Vu Leave a Comment

Description
The PZ Auto-TrendLines indicator applies a mechanical approach to the construction of trend lines and draws up to 18 trendlines automatically, which can be optionally based on fractals. Each trend line represents a breakout level, which should only be traded when the breakout bar has closed.
Bear in mind that all drawn trend lines are calculated in the current timeframe and are ment to be traded only once. Hence, a trend line which has been broken already should not be traded again in the future

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How to trade
Go long when a bar closes above the upper red line and above the previous bar’s high
Go short when a bar closes below the lower blue line and below the previous bar’s low
For better performance, the entry strategy should be combined with the PZ Trend Following Suite, which can confirm the bullish or bearish short-term price movement. This way, you would be able to trade early trend changes or exhaustions safely and profitably
Features
Configurable backsteps
Configurable main trend line colors
Fractal mode can be enabled or disabled
Distribution and Installation
The binary is encrypted to prevent theft or fraud. Please read the installation file.

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Filed Under: Trendline Indicators Tagged With: Breakout, Profit, Trend following, trend line, trend lines

ytg MA Open Indicator

December 1, 2014 By Hung Vu Leave a Comment

ytg MA Open Indicator

ytg MA Open Indicator

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Filed Under: Trendline Indicators Tagged With: Indicator, MA

Adaptive channels for MT4

November 24, 2014 By Hung Vu 2 Comments

adaptive channels for MT4

adaptive channels for MT4

Channels indicator for the terminal MT4 – it is a successful attempt to build adaptive channels in real-time automatically. The indicator assesses the state of the market and build the actual levels at the close of each new bar, which, according to experts magazine ForTrader.ru, often lack such indicators.
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Filed Under: Trendline Indicators Tagged With: Average, forex indicator, indicators, MetaTrader 4, Technical analysis software, Trade

Tom demark Trendlines Indicator

June 26, 2014 By Hung Vu 2 Comments

Tom demark Trendlines

Tom demark Trendlines

Using Tom demark Trendlines can profit on all timeframes down to 15M. scalpers and long term traders can profit from this. Also, u might not wait on a break of a TL but can trade its bounce i.e: the price is bouncing inside a triangle drawn by TD TL.

[wpdm_file id=67] [Read more…]

Filed Under: Trendline Indicators Tagged With: No Repaint Indicator

Auto Trend Lines Indicator

June 26, 2014 By Hung Vu 3 Comments

TrendLine Indicator

TrendLine Indicator

This trendline indicator will automatically detect the best point to draw you trend line and make sure you get the real support and resistance level.

How this trendline indicator work?

It will draws all trendlines automatically on the main chart. It counts the beginning points from the actual timeframe’s historical data, and the trendline ending is depending on the last visible pullback level. Multi timeframe ability, alert funcitons, candle body or high/low option, and much more…

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Filed Under: Trendline Indicators

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