TrendLine Alpha indior

[solounsersuoxno]

I did not like that the trendline indiors currently available on FF, and so I wrote my own.

Trendlines are very subjective and any 2 traders may draw them differently. This indior currently operates by looking back 'x' amount of bars for your high/low and then linking to the next appropriate point to create a trendline.

The indior has around 4 trendlines each moving back a user specified variety of bars looking for the high/low. Each of these can be turned off or on.

There is also an option to use the close instead of the high/lows.

Here is a fast idea of what it looks like:


If anyone has any ideas on how it can be improved further then please give the code or ideas.

Complete source code revealed.
https://www.forexsoutheast.asia/fore...-220-99-a.html

[kikecokk]

Thank you I will try it out.

[licaycapkira]

With lines in the chart, it'd be great if the depth can be modified for every line.

Thanks for the indi.
Best Pip Wishes!

[solounsersuoxno]

Together with different lines in the chart, it could be amazing if the thickness could be modified to each line. Thank you. Finest Pip Wishes!

A large idea. I've upgraded the indior in place 1 with the new version 1.3 with the option of styles and widths for each trendline.

[solounsersuoxno]

A great idea. I've upgraded the indior in post 1 using the new version 1.3 using the choice of styles and widths for every trendline.

I've just discovered the styles were not working properly on the low trendlines. Currently corrected in v1.4 in post 1.

[licaycapkira]

Excellent!

There were things I have been trying with TD indiors but disappointing.
That is simply terrific.

Appreciated very much better.
Greatest Pip Wishes!

[solounsersuoxno]

Wonderful! There were items I have been trying with TD indiors but disappointing. This is terrific. Appreciated very much. Best Pip Wishes!

I am glad you like it. Thank you for the positive feedback.

[awelo]

Well done indior

[Ser84]

I disliked that the trendline indiors currently available onforexsoutheast.asiaso I wrote my own. Trendlines are very subjective and any two traders may draw them . This indior currently works by looking back 'x' amount of pubs for your high/low and then linking to the next point that is appropriate to create a trendline. The indior has up to 4 trendlines each going back a user defined variety of pubs searching for the high/low. Each one of these can be turned off or on. There's also an choice. Here is a quick thought...

appears good#65281; Regrettably. I could not use it in my MT4 Construct 1090. Any update? Thank you for your sharing.

[carolina654]

I disliked the trendline indiors currently available on FF, and so I wrote my own. Trendlines are subjective and any two traders can draw them otherwise. This indior currently works by looking back 'x' number of pubs for your high/low and then connecting to the upcoming appropriate point to create a trendline. The indior has around 4 trendlines each going a user specified variety of pubs searching for the high/low back. Each of these may be turned on or off. There's also an choice. Here's a quick idea...

Nice instrument but useless (for me) as some other egy based in addition to wicks (HL) won't generate consistent results. Its determined by brokers pricing and some other fad on any stage will have lengthy and surprising wicks/tails inducing false lines generated from such instrument. They look good to exchange when you see them previously but actual results will tell quite the different story. Wicks' hint is your holy grail in my opinion if consistency is the title of the game.

With respect from one fool to another :-)