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Automatic Trendlines

FREE

Published: 14 October 2013

Current version: 1.20

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Overview
Reviews (56)
Comments (46)
What's new

Automatic Trendlines

Name: Automatic Trendlines
Rating: 4.659091 (44 reviews)
Author: Pasi Hakamaki

4.66

Indicators
Pasi Hakamaki
Version: 1.20
Updated: 26 February 2021

The indicator draws trendlines on chart. This indicator has six inputs. User can specify alternative labels for both lines. If multiple instances of the indicator are used, the labels must differ. User can set width and color of the lines and depth which specifies what significant peaks should be used. For example, Depth=10 sets trendlines using the current peaks and valleys that have at least 10 bars to the right and to the left and that have highs/lows less/greater than the peak's high/low. Indicator also paints previous peaks and valleys. Indicator additionally has an alert function that can be used to notify the user when price is at a preset distance from support/resistance line. Alert distance is set in pips.

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555903 2025.03.24 11:42 #

Nice

Patso 2024.11.22 13:15 #

Very well done, thank you for sharing. God bless.

2327

Rafal Krzysztof Manuszewski 2024.10.04 17:09 #

very good 👌

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The idea of the system is to indentify the reversal patterns using the calculation of the composite candle. The reversal patterns is similar to the "Hammer" and "Hanging Man" patterns in Japanese candlestick analysis. But it uses the composite candle instead the single candle and doesn't need the small body of the composite candle to confirm the reversal. Input parameters: Range - maximal number of bars, used in the calculation of the composite candle. Minimum - minimal size of the composite can

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Coral trend is a trend-following indicator that is widely popular among FOREX traders . It is usually used as a confluence with other indicators. It uses combinations of moving averages with complex smoothing formulas! It has two configurable parameters: Coefficient - smoothing ratio (*) Applied price Calculation: Coral = (-0.064) * B6 + 0.672 * B5 - 2.352 * B4 + 2.744 * B3

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The trend detection indicator will compliment any strategy and can also be used as an independent tool. Be careful i not sell EA or sets at telegram it scam. All settings free here at blog . IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus! Benefits Easy to use; does not overload the graphic wih unnecessary information. The ability to use as filter for any strategy. Contains bult -in dynamic levels of cupport and resistange, which can be used both, for p

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Filter:

555903 2025.03.24 11:42 #

Nice

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Reply from developer Pasi Hakamaki 2025.04.05 22:38 #

Thank you!

Dechko Sivkov 2025.01.08 10:47 #

User didn't leave any comment to the rating

Patso 2024.11.22 13:15 #

Very well done, thank you for sharing. God bless.

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Reply from developer Pasi Hakamaki 2024.11.28 02:47 #

Thank you for your kind words :)

2327

Rafal Krzysztof Manuszewski 2024.10.04 17:09 #

very good 👌

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Reply from developer Pasi Hakamaki 2024.10.14 00:49 #

Thank you :)

Gutto Pantenniore 2024.10.02 17:04 #

User didn't leave any comment to the rating

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Reply from developer Pasi Hakamaki 2024.10.04 03:08 #

Thank you for your kind words and the positive review :)

239

Bonny Prasetyawardhana 2024.05.29 09:30 #

Best...

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Reply from developer Pasi Hakamaki 2024.05.31 21:27 #

Thank you :)

ZAHER-SLT5 2024.04.29 12:34 #

User didn't leave any comment to the rating

1440

Seth Tetteh 2024.04.25 11:44 #

good

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Reply from developer Pasi Hakamaki 2024.04.25 21:05 #

Thank you!

Ponchai Lertchoomongkol 2024.02.17 13:38 #

Nice

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Reply from developer Pasi Hakamaki 2024.02.18 03:18 #

Thx!

ATILMATINE 2024.02.02 17:50 #

Nice indicator

zazrie72 2024.01.22 17:29 #

automatic trendlines work great until 2024/01/22. now it is removed automatically when you shift to another timeframe. do you have any solutions for it?

Mehdi Najjari 2024.01.21 10:28 #

Please include a portable version. Thank you

CAFERBA 2024.01.19 15:00 #

Super bueno, me ayuda mucho

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Reply from developer Pasi Hakamaki 2024.01.19 21:05 #

Muchas Gracias :)

Lenia_Krou 2023.07.08 22:36 #

User didn't leave any comment to the rating

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Reply from developer Pasi Hakamaki 2023.07.13 20:33 #

Thank you, my pleasure :)

Thanh 2023.04.21 09:42 #

Thanks for sharing, It''s a good one.

64273018 2023.03.17 11:15 #

Very good indicator

317

SmokCzerwony1 2023.02.21 00:32 #

Simple and Clear

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Reply from developer Pasi Hakamaki 2023.02.22 19:52 #

Thank you very much for the positive feedback :)

Tt70598732 2023.02.14 01:42 #

使いやすい

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Reply from developer Pasi Hakamaki 2023.02.22 19:52 #

ありがとう：）

BSantiago72 2022.11.21 03:58 #

wonderful help in maintaining perspective! Thanks so much for this!

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Reply from developer Pasi Hakamaki 2022.11.24 00:13 #

Nice to hear you are finding it useful :)

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Ard Sluis 2022.11.05 23:59 #

Happy to use this indicator. Straight forward and easy. Thank you for taking your time and expertise to create this!

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Reply from developer Pasi Hakamaki 2022.11.24 00:14 #

Thank you for your kind words.

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Version 1.20 2021.02.26

Compiled with newest MQL5 compiler

Version 1.10 2015.02.20

1. Fixed typos in the description.
2. Input labels changed to represent their use more clearly.
3. Trendlines are now removed smoothly immediately after the indicator is removed from the chart.
4. Implemented icon so as to distinguish it from other MQL5 programs.