Follow Line Indicator

v10.3
Follow Line Indicator

The FollowLine indicator is a trend following indicator. The blue/red lines are activated when the price closes above the upper Bollinger band or below the lower one.

Once the trigger of the trend direction is made, the FollowLine will be placed at High or Low (depending of the trend).

An ATR filter can be selected to place the line at a more distance level than the normal mode settled at candles Highs/Lows.

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

  1. DaxRider • 04/03/2020 #

    Nice indicator thank you Nicolas

  2. sai000 • 04/03/2020 #

    can i use this in trading view plotform

    • Nicolas • 04/03/2020 #

      No, all codes on our website are to be used with ProRealTime: https://www.prorealtime.com/en/

  3. dg007 • 04/03/2020 #

    BUON GIORNO E’ POSSIBILE AVERE UN CHIARIMENTO?GRAZIE MILLE

    • Nicolas • 04/03/2020 #

      Poni qui la tua domanda se è correlata a questo indicatore, altrimenti apri un nuovo argomento nel forum appropriato e segui le regole di pubblicazione. Grazie.

  4. PhilipSchultz • 04/03/2020 #

    Hi Nicolas, can i backtest this indicator? And if so, how do i do it? I have tried, but don´t suce

    • Nicolas • 04/03/2020 #

      Sure, use the forums to create a new topic to ask for it
      Please respect the posting rules and describe precisely your query.

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar

+15 more likes

Related users ' posts
DELBERT Bonjour , est-il possible d'avoir un peu plus de commentaire sur les points au milieu de l'h...
Alfy I dont speak French but i think i understand the question. The indicator is used for volatil...
DELBERT Merci pour votre réponse .
Khaled Thank you Nicolas! Looks like TDI (Trader Dynamic Index). Interesting to give Exit Signal as...
Nicolas ColorBetween is an instruction added last year: https://www.prorealcode.com/documentation/co...
Jiacky
7 months ago
Kalman Filter
Kalman Filter
0
Indicators
Stenozar Hi Sever, how can I visualize the coloured areas?
Sever Hi Stenozar, You need to add the color zones yourself , just go to Add Color Zone To set ...
atlante hi nicolas this indicator have 2 wrong borderline and islalastbarupdate. thank you can you h...
Nicolas That'"s because you are not using PRT v11? Just remove lines 59 to 62
Kanamax Hi Roberto, sorry for my confusing previous posts (forget them). My request is very simple,...
robertogozzi Please start a new topic in ProOrder support.
robertogozzi There you go: myMagicTrend = CALL “Magic Trend custom”[20, 14, 1, 5] alpha = 105 b = 0...
johann8 exactly :) Thank you all for the help!
max_92 Ciao Roberto, ho scaricato l'indicatore e come ti avevano già scritto sopra anch'io vedo la ...
Xenotrax A première vue, sa à l'air d'être un indicateur très puissant sur de petites temporalités, j...
merri Bonjour Nicolas, Comment transformer cet indicateur en bot sur PRT ?
Nicolas Cela a déjà été fait, voir ce sujet: https://www.prorealcode.com/topic/strategia-con-lindica...
bab el franco hello once installed I have no results despite different options of markets or temporality
Nicolas change the last line with: return v coloured(r,g,b) style(line,2), v+band coloured(168,168,1...
Paolo.B Thanks ... works as i wanted.
Kanamax Bonjour Nicolas, comme Paolo.B je souhaiterais utiliser cette indicateur au sein d'un code. ...
zilliq Thanks @Nicolas. I tried to use it as Trend in a proorder system, but don't know why, it doe...
Suzu Yuk He is right. MT and mavgMT are not defined and causing errors.....
Nicolas Sorry there was a small issue in the code, i have changed the attached itf file and updated ...
Mitchy14 Hi Nicholas, apologies, I am usually fairly good at implementing your creations (for which I...
Nicolas Are you using PRT version pre-v11? TIMEFRAME for indicators is possible since months for pro...
Emperor.it "style(line,2)" C'è una guida ai parametri che si possono modificare ? Tipo stile della lin...
IV Mcm https://www.prorealcode.com/programming-with-prorealtime/
StephFor //ind1 = ZigZagPoint[2*averagetruerange[200]](close) avr = 3 //3% ind1 = ZigZag[avr](close...
Manu L. @Steph un grand merci pour ton aide mais :-( J'ai copier le code tel quel mais cependant j...
AlphaMauss Je n'ai pas réussi à faire fonctionner l'indicateur avec le code fourni en commentaire sur P...
Daniele Maddaluno Écrivez-moi où vous préférez you can easily find me on LinkedIn
AK27 C'est payant visiblement sur linkdin je peux pas vous envoyer, discord vous avez ?
Nicolas C'est dans ce sujet: https://www.prorealcode.com/topic/trendline-une-approche-du-trading/ M...
Pensera Bonjour Nicolas, comment est-il possible de backtester cet indicateur? cela fait une erreu...
Nicolas Oui bien sûr, il doit y avoir pas mal de sujets dans le forum à ce propos.

Top