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Trendlines with breaks

The trendlines with breaks indicator return pivot point based trendlines with highlighted breakouts. Users can control the steepness of the trendlines as well as their slope calculation method.

Trendline breakouts occur in real-time and are not subject to backpainting. Trendlines can however be subject to repainting unless turned off from the user settings.

The indicator includes integrated alerts for trendline breakouts.

Any valid trendlines methodology can be used with the indicator, users can identify breakouts in order to infer future price movements.

The calculation method of the slope greatly affects the trendline's behaviors. By default, an average true range is used, returning a more constant slope amongst trendlines. Other methods might return trendlines with significantly different slopes.

Stdev makes use of the standard deviation for the slope calculation, while Linreg makes use of the slope of a linear regression.

🔶 SETTINGS
  • Length: Pivot points period
  • Slope: Slope steepness, values greater than 1 return a steeper slope. Using a slope of 0 would be equivalent to obtaining levels.
  • Slope Calculation Method: Determines how the slope is calculated.
  • Backpaint: Determine whether trendlines are backpainted, that is offset to past.


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Présentation       Quantum Trend Sniper Indicator   , l'indicateur révolutionnaire MQL5 qui transforme la façon dont vous identifiez et négociez les inversions de tendance ! Développé par une équipe de traders expérimentés avec une expérience commerciale de plus de 13 ans,       Indicateur Quantum Trend Sniper       est conçu pour propulser votre parcours de trading vers de nouveaux sommets grâce à sa manière innovante d'identifier les inversions de tendance avec une précision extrêmement élevée
This indicator belongs to the family of channel indicators. These channel indicator was created based on the principle that the market will always trade in a swinging like pattern. The swinging like pattern is caused by the existence of both the bulls and bears in a market. This causes a market to trade in a dynamic channel. it is designed to help the buyer to identify the levels at which the bulls are buying and the bear are selling. The bulls are buying when the Market is cheap and the bears a
Easy By Sell is a market indicator for opening and closing positions. It becomes easy to track market entries with alerts. It indicates trend reversal points when a price reaches extreme values ​​and the most favorable time to enter the market. it is as effective as a Fibonacci to find a level but it uses different tools such as an algorithm based on ATR indicators and Stochastic Oscillator. You can modify these two parameters as you wish to adapt the settings to the desired period. My othe
Golden Spike Premium
Kwaku Bondzie Ghartey
Golden Spikes Detector Notice: Limited-Time 50% Discount on All Products   Due to high interest, only a few (about 8) discounted spots remain for   Golden Spikes Premium .  For those interested, all my trading tools, including Golden Spikes Premium, are currently available at a 50% discount until October 30, 2024 . Feel free to take advantage while it lasts. Acknowledgement and Dedications:  The name of this indicator was Inspired by an Original; Mr Grant Koopman; a Knowledgeable and experienced
Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High
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