Auto Trendline and Triangle Indicator - page 3

 

hi

is there a trendline indicator which only appears on the chart when the line got rejected a third time?

im using mainly trendlines which price has at least respected 3 times and then trade the breakout.

anyone know?

 

Short answer is no...

This is hard to quantify because you would need to have the trendline in the correct coordinates in the first place.

So no.... you need to watch this manually as trendlines (especially trendlines drawn as SR lines) are subjective.

 

trailing sell upon pierce through TL

Hi, does anyone know if the following expert / indicator has been created:

in a down slope trendline:

if the price is above the down slope TL

and

if the price has retraced x pips from peak

then enter a sell trade

Thanks in advance!!!

 

Help for trendlines

Hi all,

I am trying to code an indicator for drawing converging trendlines (i.e. triangles), like the following:

However, I am encountering two problems:

1. I don't know how to make the command of drawing trendlines.

2. I don't know how to tell the computer NOT to draw upward resistance and downwards support lines (because they are not converging).

Do anyone know how to solve these problems? Or does anyone know similar indicators that I can have a look at?

Files:
fc2.jpg  56 kb
 

searching this trendline indicator

I'm searching this indicator. please share here

 

Very interesting!

Hi,

this indicator looks very interesting.

Have one here found this indicator???

Thanks!

MKRoxton

 

Thanks!

Hi mladen,

thanks a lot, that is exactly the indicator, which I searched.

MKRoxton

 

...

Wouldn't call it an indicator, but, here you are

regards

mladen

Files:
whatever.gif  23 kb
whatever.mq4  2 kb
 
mladen:
Wouldn't call it an indicator, but, here you are

regards

mladen

WhatEver.mq4 (1.4 KB, - not "whatewer"! - it was proper indicator - called "just stick" - or semiproper; Maloma did (somebody asked) -but only one stick (not many)

 

jus 1 stick

Files:
palka.gif  10 kb
palka2.mq4  4 kb