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hi all!
i have been searching for a trendline indicators that draw simple trendlines but there are only a few and they are very limited.
i think we realy need more good trendline indicators.
so i was wondering if any one can help me, i am looking for an indicator that draws a trendline by connecting 2 highs or 2 lows. but i would like to select the bars it will draw the trendline. for example 10 bars will mean it will connect the highs of bar 1 and 10 and the low of bars 1 and 10 even if the bars between are higher of lower. also there must be another variable that is the start bar which can be changed. For example, 0 will be the current bar and 1 will be the last bar. it will use the start bar and then count back 10 bars etc.
i hope you understand and can help me!
thanks in advance
hi all!
i have been searching for a trendline indicators that draw simple trendlines but there are only a few and they are very limited.
i think we realy need more good trendline indicators.
so i was wondering if any one can help me, i am looking for an indicator that draws a trendline by connecting 2 highs or 2 lows. but i would like to select the bars it will draw the trendline. for example 10 bars will mean it will connect the highs of bar 1 and 10 and the low of bars 1 and 10 even if the bars between are higher of lower. also there must be another variable that is the start bar which can be changed. For example, 0 will be the current bar and 1 will be the last bar. it will use the start bar and then count back 10 bars etc.
hi linuxser, thanks for your help but this is not what im looking for. the demark trendline indicators connect fractals. im looking for an indicator thats connects specific bars for example the last bar high to the high of the bar 5 bar previous. i would like this to be changed so if u input 10 it would connect the last bar high to the high 10 bars ago even if there were higher bars in between.
i hope u get what im trying to say
hi linuxser, thanks for your help but this is not what im looking for. the demark trendline indicators connect fractals. im looking for an indicator thats connects specific bars for example the last bar high to the high of the bar 5 bar previous. i would like this to be changed so if u input 10 it would connect the last bar high to the high 10 bars ago even if there were higher bars in between.
i hope u get what im trying to say
It looks really good to me and it would be great to have it on MetaTrader.
"You can define a minimum number of touching points to get more solid trend lines as well as allowing a certain level of tolerance not to miss peaks or troughs that not exactly on the trend line but, a little bit off. "
"Signals function can be used to check past performance of your trading system. It returns 1 if downtrend broken and close price is higher than previous one. Similarly, it returns -1 if uptrend broken and close price is lower than the previous one. Using it, you can further fine tune your trading system."
Thanks for posting these interesting indicators!
I read and studied the threads and I will use some of them.
My question is still relevant:
Is there an automatic trendline idicator which draws lines like this:
- on which you can define a minimum number of touching points to get more solid trend lines
-allowing a certain level of tolerance not to miss peaks or troughs that not exactly on the trend line but, a little bit off.
In my opinion it will give high reliable signals when you have trendlines drawn over a 3 points.
Who here know where i can found bell to alert when candle touch or break out trend line ( vertical, horizontal, trend line, pitchfork line and fibo line ) . Thank you to help
special automatic trendline indicator
Linear Mode
