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Trendlines with Breaks by LuxAlgo MT5

Indicator Name: Trendlines with Breaks [LuxAlgo]

Overview: The Trendlines with Breaks [LuxAlgo] indicator provides traders with pivot point-based trendlines that highlight real-time breakouts. This tool is highly customizable, allowing users to adjust the steepness of trendlines, choose different slope calculation methods, and receive alerts on trendline breakouts.

Key Features:

  • Pivot Point-Based Trendlines: The indicator automatically generates trendlines based on pivot points, providing a clear visual guide to support and resistance levels.
  • Real-Time Breakouts: Trendline breakouts are detected in real-time, offering immediate insights without the risk of backpainting. This ensures that traders are alerted to potential trading opportunities as they occur.
  • Customizable Slope and Steepness: Users can control the steepness of the trendlines and select from various slope calculation methods, which include:
    • ATR (Average True Range): Provides a consistent slope across trendlines, offering a stable reference for trend analysis.
    • Stdev (Standard Deviation): Utilizes standard deviation for slope calculation, potentially creating more varied trendline angles.
    • Linreg (Linear Regression): Uses the slope of a linear regression, which may result in significantly different trendline behaviors.
  • Non-Repainting Option: While trendlines may repaint by default, users can disable this feature in the settings to maintain static trendlines for analysis.
  • Integrated Alerts: The indicator includes built-in alerts for trendline breakouts, ensuring traders are notified of key market movements.
  • Buffer for EA: provides signal buffers for the expert advisor integration
  • Alert : Send push notification, email and alert

Designed For:

  • Technical Analysts: Ideal for traders who rely on trendline analysis to identify breakout points and infer future price movements.
  • Customization Enthusiasts: Suitable for traders who prefer to tailor indicators to their specific strategies, with a range of options for slope calculation and trendline steepness.


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Indicadores
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4.9 (10)
Indicadores
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4.71 (49)
Indicadores
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Indicadores
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5 (1)
Indicadores
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Golden Spike Premium
Kwaku Bondzie Ghartey
Indicadores
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Bogdan Ion Puscasu
5 (7)
Indicadores
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PZ TRADING SLU
3.67 (3)
Indicadores
Trend Trading es un indicador diseñado para sacar el máximo provecho posible de las tendencias que tienen lugar en el mercado, mediante el cronometraje de retrocesos y rupturas. Encuentra oportunidades comerciales al analizar qué está haciendo el precio durante las tendencias establecidas. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Opere en los mercados financieros con confianza y eficiencia Aproveche las tendencias establecidas sin s
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5 (2)
Indicadores
The Smart Liquidity Profile is color-coded based on the importance of the traded activity at specific price levels, allowing traders to identify significant price levels such as support and resistance levels, supply and demand zones, liquidity gaps, consolidation zones, Buy-Side/Sell-Side Liquidity and so on.  Smart Liquidity Profile allows users to choose from a number of different time periods including 'Auto,' 'Fixed Range,' 'Swing High,' 'Swing Low,' 'Session,' 'Day,' 'Week,' 'Month,' 'Quart
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Indicadores
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Versión 2.0 2024.08.26
alert feature added