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Trendlines Chart Patterns Indicator

5

Trend Line Chart Pattern Signals Is a traders Tool for Signals based on Strong Patterns Formed By a pair of robust trend lines.

They FOR WITH DIFFERENT POPULAR PATTERNS ON CHARTS LIKE – TRIANGLES, FLAGS,RANGE , ASCENDING TRIANGLES, DESCENDING PATTERNS, PENNANTS ETC.

The TREND LINES form dynamically on running bars.

The sensitivity of the trend lines can be changed by custom settings.

The Buy and Sell Signals Generate upon Break Of the Trend Line + "Close" of the same bar above the previous swing High or Low, so they will come only when a strong move takes place.

The DASHBOARD displays - ENTRY, MULTIPLE TARGETS AND STOP LOSS LEVELS, and RUNNING PROFIT OR LOSS IN THE TRADE.

The Signals Generate the suitable TARGETS AND STOP LOSS.

The trend line patterns can be customized by changing the - PERIOD setting, so more robust signals may come with higher periods like 30,50 as compared to selecting 5,10 or any small periods.



 

Parameters

  • nPeriod = 10; - This period can be set from 1 to any higher number, for example, 10 means the trend line is formed if found over the last 10 bars.
  • Limit = 100; -The look back number of bars to draw the patterns, for example, if we select 100, a trend line formed with above "n" period over the last 100 bars
  • ArrowPos = 5; - Arrow Display Position
  • Levels = true; - Display On Or Off Of The Trend Lines
  • Levels2 = true; - Display On Or Off Of The Swing High And Low
  • width = 3; - Display Font Size Of The Labels
  • periodtotake = 200;- Target Setting In Pips
  • ExitAtTarget = 4; - Selection Of The Target Exit 1 To 4, so if 4 is selected then the trade details on the dashboard will become refreshed once target 4 is reached.
  • FontName = "Arial";- Font Selection
  • FontSize = 14; -The Display font size of the recent swing high low levels and of the bar timer
  • FontColor = White; - The text color of BAR timer display
  • PopupAlerts = true; -The Toggle for Alerts of Buy sell signals
  • EmailAlerts = false; - The Toggle for Email alerts of buy-sell signals
  • Graphics = true; - Turns Display Of Dashboard


Comentarios 1
lauro1956
5127
lauro1956 2023.12.22 09:29 
 

Indicator full of logic.... good job. You can make a decision based on those signals.

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5 (4)
Indicadores
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Kirill Borovskii
5 (1)
Indicadores
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4.57 (28)
Indicadores
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Vitalyi Belyh
Indicadores
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4.29 (77)
Indicadores
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Sergey Khramchenkov
5 (2)
Indicadores
In the "Masters of Risk" trading system, one of the main concepts is related to places where markets change direction. In fact, this is a change in priority and a violation of the trend structure at the extremes of the market, where supposedly there are or would be stop-losses of "smart" participants who are outside the boundaries of the accumulation of volume. For this reason, we call them "Reversal Patterns" - places with a lot of weight for the start of a new and strong trend. Some of the imp
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Dario Pedruzzi
Indicadores
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Vitalyi Belyh
5 (1)
Indicadores
El sistema de comercio Double Trend es un sistema de comercio independiente que consta de varios indicadores. Determina la dirección de la tendencia general y da señales en la dirección del movimiento de precios. Se puede utilizar para operaciones de especulación, intradía o intrasemanal. Posibilidades Funciona en cualquier marco temporal e instrumento comercial (Forex, criptomonedas, metales, acciones, índices). Lectura visual sencilla de información sin cargar un gráfico. El indicador
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Paulo Rocha
Indicadores
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
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lauro1956
5127
lauro1956 2023.12.22 09:29 
 

Indicator full of logic.... good job. You can make a decision based on those signals.

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