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AnchorLine

Anchor Line is a fast acting trendline indicator using proprietary algorithm to identify possible reversals.

Tunable sensitivity and smoothing period helps to filter out small fluctuations


Buffers

Buffer0: Moving Average Buffer (not displayed)

Buffer1:Anchor Line Uptrend Buffer (Blue)

Buffer2: Anchor Line Downtrend Buffer (Red)

Buffer3:Reversal Buffer 1=Uptrend, -1=Downtrend (not displayed)

Buffer4: Anchor Line Up and Down trends combined (Gray) *NEW*


Inputs

Smooth Period: Period for Moving Average Smoothing

Maximum Lookback Period: Maximum period to lookback for Anchor (tuning generally not needed)

Transition Sensitivity: How sensitive AnchorLine is to fluctuations 0 = most sensitive (Default), higher=less sensitive

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Description:  The "Divergence Strategy Indicator" is an advanced technical analysis tool designed to identify potential trend reversals and continuation opportunities in the market through the powerful concept of divergence. By detecting divergences between price and all kinds of oscillators like MACD, RSI, ATR or Stochastic ... the indicator helps traders uncover hidden opportunities, signaling potential trend shifts. Real-time alerts keep users informed when new opportunities are detected. th
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4.8 (20)
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Currently 20% OFF ! This dashboard is a very powerful piece of software working on multiple symbols and up to 9 timeframes. It is based on our main indicator (Best reviews:   Advanced Supply Demand ). The dashboard gives a great overview. It shows: Filtered Supply and Demand values including zone strength rating, Pips distances to/and within zones, It highlights nested zones, It gives 4 kind of alerts for the chosen symbols in all (9) time-frames. It is highly configurable for your personal n
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Version 1.2 2021.06.30
Added Combined buffer and stability fix when redrawing historical
Version 1.1 2021.06.28
Reversal indicator bug fix