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Linear Surfer

The Linear Surfer (Works on 50 bars and any interval) is a valuable tool in technical analysis and trading, as it offers a series of qualities and advantages:

Trend Identification: The main quality of a trend line is its ability to identify and visualize trends on a graph. You can clearly see if the market is in an uptrend, downtrend or sideways trend.

Easy to use.

Predicting Supports and Resistances: Trend lines can also be used to identify support levels (in uptrends) and resistance (in downtrends). These levels are important for trading and decision making.

Adaptability: Trend lines are versatile and can be used on different time frames, from short-term charts to long-term charts.

Visual Guidance: By plotting a trend line on the chart, it provides a clear visual guide for traders, helping them make informed decisions about when to enter or exit a position.

Trend Change Warning: When a trend line breaks, it can be an early sign of a change in trend direction. This breakout may alert traders to the need to adjust their strategies.

Complement to Other Indicators: Trend lines are often used in conjunction with other technical indicators to improve the accuracy of trading decisions.

Use in Different Markets: Trend lines are not limited to a specific market and can be applied to stocks, currencies, commodities and other financial instruments.
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