Perfect Trend Line

Perfect Trend Line

The Perfect Trend Line indicator act as a trend following indicator. It is simply made of 2 lines from highest high and lowest low of 2 different periods, one short and a longer one.

If the price breaches the longest line, it is a sign a of potential trend reversal, while if price is in the cloud made of these 2 lines, it is only a retracement and a potential price rebound in the same direction as the main trend.

Confirmation of trend reversal are highlighted with blue and red dots.

The cloud can be expanded with the SlowPipDisplace and the FastPipDisplace settings which must be set in points/pips values.


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. Genotik • 10/16/2017 #

    Merci !

  2. Laurent7533 • 10/16/2017 #


    Cet indicateur ne semble fonctionner qu’avec le forex. Est-ce qu’il serait possible d’avoir la même chose pour les actions ?

    • Nicolas • 10/16/2017 #

      L’indicateur est bien compatible avec tous les instruments. Merci de préciser ce qui ne semble pas fonctionner ?

  3. Laurent7533 • 10/16/2017 #

    Voici ce que me retourne le logiciel :

    Erreur de syntaxe :
    Veuillez définir la variable suivante : slowlenght
    Veuillez définir la variable suivante : slowpipdisplace
    Veuillez définir la variable suivante : fastlenght
    Veuillez définir la variable suivante : fastpipdisplace

    • Nicolas • 10/16/2017 #

      je vois tu as copié/collé le code plutôt que l’avoir téléchargé, veuillez soit le télécharger et le réimporter dans la plateforme, soit décommenter les lignes 9 à 12 (enlever les //).

  4. Laurent7533 • 10/16/2017 #

    Merci Nicolas. Effectivement, c’était bien le problème. Est-ce que ces variables lignes 9 à 12 sont optimisées pour du journalier Actions Euronext ? Sinon, quelles valeurs sont idéales ?

    • Nicolas • 10/16/2017 #

      Il n’y a pas de valeurs optimales, il s’agit de derniers plus haut et derniers plus bas sur les X dernières bougies.

    • Laurent7533 • 10/16/2017 #

      OK merci !

  5. Abz • 10/16/2017 #

    Hello Nicolas

    to use this in a automated strategy let say on a daily chart how can we perform that i tried this for Buy but dosent work

  6. Abz • 10/16/2017 #

    a1 = myPRCPerfectTrendLineptl2 > Dclose(1)
    a2 = myPRCPerfectTrendLineptl2 myPRCPerfectTrendLineptl

  7. luxrun • 10/16/2017 #

    Nicolas, ho realizzato uno screener dall’indicatore perfect trend-line. Lo screener mi restituisce tutte le azioni di un paniere, mentre io vorrei solo trovare quelle in situazione di “●” cambio trend da long a short o viceversa. Mi puoi aiutare? Grazie

    //PRC_PerfectTrendLine ptl | screener
    //Nicolas @
    //Sharing ProRealTime knowledge
    //converted from MT4 version (original author mladen)
    //enhanced version by Nicolas

    // — settings
    SlowLength = 7 // Slow length
    SlowPipDisplace = 0 // Slow pip displace
    FastLength = 3 // Fast length
    FastPipDisplace = 0 // Fast pip displace
    // — end of settings

    thigh1 = Highest[SlowLength](high)+ SlowPipDisplace*pointsize
    tlow1 = Lowest[SlowLength](low)- SlowPipDisplace*pointsize
    thigh2 = Highest[FastLength](high)+ FastPipDisplace*pointsize
    tlow2 = Lowest[FastLength](low)- FastPipDisplace*pointsize

    if barindex>2 then
    if Close>line1[1] then
    line1 = tlow1
    line1 = thigh1
    if Close>line2[1] then
    line2 = tlow2
    line2 = thigh2

    if (Close[0]<line1[0] and Close[0]line1[0] and Close[0]>line2[0]) then
    trend = -1
    if (line1[0]>line2[0] or trend[0] = 1) then
    trena = 1
    if (line1[0]<line2[0] or trend[0] = -1) then
    trena = -1
    if trenatrena[1] then
    if trena=1 then
    x = max(line1,line2)

    x = min(line1,line2)



    SCREENER (x)

  8. M. Pettersson • 10/16/2017 #

    Can you please use English?

  9. luxrun • 10/16/2017 #

    Nicolas, I realized a screener with the perfect trend-line indicator. The screener returns all the shares into a basket, while I just want to find those in a “●” trend setting from long to short or vice versa. Can you help me? Thank you

  10. Eduardo Siverio • 10/16/2017 #

    Hello Nicolas, first of all thank you for your amazing work, I downloaded the perfect trend indicator. I work only with the Dax full future in 1 minute. I’m looking for 10 points daily and I have tested your indicator for a week. I have a problem that I could’t resolve yet, when the blue/red dot gets on and I put an order based in that and then it gets off and doesn’t makes the reversal move. So, when can I be “sure” of the reversal, and the other question is if this indicator is the best to work with the Dax in 1 minute. Thank you.

    • Nicolas • 10/16/2017 #

      Like any other indicators, you must wait for a close to validate a signal (blue and red dots). This one is not better than any other, like I said already, it only generates signals depending of breakout of recent highest high and lowest low, sometimes it works well, sometimes not 🙂

  11. Eduardo Siverio • 10/16/2017 #

    Thank you Nicolas

  12. Eduardo Siverio • 10/16/2017 #

    Hi Nicolas, it´s me again. I´m obsessed with your Perfect Trend Indicator. I realized that I´m not faster than an automatic trader. So, my question is if you can program this indicator to operate automatically with some paramethers of buying and saling and with a daily task. If you can do it please let me know how we can do that.

    • Nicolas • 10/16/2017 #

      Sure it’s possible, please ask your query in the automatic trading forum (ProOrder) in order to get replies from members. I’m still on leave, so please be patient if no one answer your query in the mean time.

  13. Leo • 10/16/2017 #

    Hi Nicolas,
    in your opinion, why is it the “perfect” trend indicator?
    Thanks in advance

    • Nicolas • 10/16/2017 #

      It’s the name of the original code, not my opinion.

  14. hamid1736 • 10/16/2017 #

    Hi Nicolas,
    when the red or blue dot is formed, is it based on the close of the current candlestick(the same bar index) or it will be formed after close of the next candlestick ?


    • Nicolas • 10/16/2017 #

      It’s based on the current Close. In real time you can wait or not for the candlestick to close or not to validate the trading signal, depends on your trading style 🙂

  15. AlexF • 10/16/2017 #

    Hi, even if I almost understood the indicator’s theory, I am unable to translate it in ProRealCode to try open long or short positions. Would you please help me about it?

    • Nicolas • 10/16/2017 #

      Examples of how to use the indicator in an automated trading system here :

  16. hamid1736 • 10/16/2017 #

    Hi Nicolas,
    As per my previous message above, I mentioned that the red or blue dot is formed based on the current close or next close of candle stick? I have tested with 1 minute interval, it is based on current candle stick but when I change time interval to weekly, it looks like it is based on next candle stick or bar index. For example, I was pretty sure that IBEX ( Spain 35 cash index) at weekend when market was close, there wasn’t any blue dot under a bar closed on 27 October . But this week when market opened and price move higher it shows blue dot under previous candle stick which is inconsistent with other time interval. Is here problem or issues under weekly interval?

    • Nicolas • 10/16/2017 #

      Yes I know there some issues with the weekly chart, already encountered on another indicator. It has already been reported to PRT, but you can make a report with this specific indicator behavior within the platform debug console (CTRL+M).

  17. Nicolas • 10/16/2017 #

    Perfect Trend Line screener code:

  18. Lior Green • 10/16/2017 #

    Perfect Indicator. Thanks a lot. Hope i will get reach by using it 🙂

  19. primo1 • 10/16/2017 #

    Bonjour Nicolas,

    peut on transformer cet indicateur en strategie

    super travail

    • Nicolas • 10/16/2017 #

      Quelque chose a déjà été travaillé ici:
      Tu peux partir de cette base et la modifier / améliorer à volonté, on attend des retours de ta part 🙂

  20. Sjoerd • 10/16/2017 #

    Hello Nicolas,

    thank you for the code of the ‘perfect trend line’ indicator. As a daytrader on the 10, 15 and 30 min charts it confirms the reversals very nice.
    One question. I trade several stocks and some indices. Is there a possibility that i can get a alert when a blue or red dot appears?

    thank you in advance

    kind regards,

    • Nicolas • 10/16/2017 #

      You can use the screener posted here: Perfect Trend Line screener code:

  21. Sjoerd • 10/16/2017 #

    Thank you nicolas

  22. primo1 • 10/16/2017 #

    Bonjour Nicolas,

    sur quelle échelle de temps minimum tu utilises l indicateur

    je pense 4H ou 1H

  23. primo1 • 10/16/2017 #

    Bonjour Nicolas

    Pour créer la strategie comment peux tu traduire l”apparition des points.

    Acheter ou vendre lors de l’apparition des points


    • Nicolas • 10/16/2017 #

      Exemple dans ce sujet du forum ProOrder :

  24. tommy • 10/16/2017 #

    how to automate Drawn line between 2 red point and 2 blue points?

    • Nicolas • 10/16/2017 #

      I don’t understand your query. Could you please create a topic in forum with a complete explanation?

  25. tommy • 10/16/2017 #

    I like to automate Drawn trend line between 2 High point on your “PRC_PerfectTrendLine” chart.

  26. tommy • 10/16/2017 #

    and trend line between 2 lower point on your “PRC_PerfectTrendLine” chart.

    • Nicolas • 10/16/2017 #

      You can find an automated trading code in this topic:

  27. tommy • 10/16/2017 #

    Thank you. I have a look

  28. rama • 10/16/2017 #

    how to generate alert sound or mail for this when blue or red dot is formed, I dont see any option such support or resistance or buy or sell option in the selection list

    • Nicolas • 10/16/2017 #

      change the last line with
      return line1 coloured(r,g,b,100) style(line,1),line2 coloured(r,g,b,100) style(line,1), r
      and check in the alert tools if r is equal to 200 (red) or 30 (green)

  29. Bard • 10/16/2017 #

    Hello Nicolas,
    Re: alerts, you wrote:
    “and check in the alert tools if r is equal to 200 (red) (I changed mine to 250) or 30 (green)”

    But there is no “=,” but there is “>=” or “=” value 250 or 30 produced two alerts but nowhere near the dots on my 3 tick chart?
    Pls see two arrow alerts at bottom price chart to the left nowhere near ptl dots:

    When the dots are formed there is no alert sound, so how do I express that within the alerts feature if I can’t see “r” in the dropdown box?: (I have re-added the indicator to the price chart just to make sure that “r” is effective).

    Also, when I go to Display/Alerts Status, now I don’t see anyway of creating a new alert on a different chart by clicking within that chart?

    Alerts Status just opens up but I can’t get a bell in the new second chart for another indicator/screener when I click on the chart?


    • Nicolas • 10/16/2017 #

  30. Bard • 10/16/2017 #

    * The edit didn’t work on my previous comment.
    ” but there is “>=” or “=” value 250 or 30 produced two alerts but nowhere near the dots…” should have read:
    but there is “>=” or “=” value. When I set fast trendline >= to value 250 or 30 it produced two alerts but nowhere near the dots…

  31. Manu L. • 307 days ago #

    Bonjour Nicolas,
    suite a une de mes precedentes demande dans le forum indicateur, j’ai touve celui-ci pour creer le screener Perfect Line Trade
    J’ai teste ce matin et il m’a bien remonte les valeurs ayant eu un point bleu sur la journee d’hier.
    Ce soir, je teste et il me ressort les meme valeurs avec une journee de plus et pas de nouvelles alors que McPhy a un point bleu ajourd’hui ?!

    Un p’tit coup de main 🙂
    Merci d’avance

  32. AntoGH • 242 days ago #

    C’est selon moi le meilleur indicateur, que j’ai vu, si vous trouvez mieux dîtes moi car difficile de faire beaucoup mieux 😀 Mais je ne comprend pas exactement à quoi servent les lignes rouges et bleus ? (elle servent pour le signal, j’imagine, et font grosso modo allure de résistance et de support) mais est t il vraiment intéressant de les afficher? (ça pollue un peu le graph des fois)
    Merci d’avance !!

Register or


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

+30 more likes

Related users ' posts
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
denmar Many thanks. Highly appreciated.
Lavallette Thank Roberto. I thought about that also but I would like to get only one signal. Only when...
robertogozzi (see below)
robertogozzi If MagicTrend <> MagicTrend[1] then it's Green or Red
Nicolas There is no specific file for MAC. Download the itf file and import it into your platform by...
jerome777 bonjour merci pour le partage !!!! je débute dans les codes , j ai une question je les l i...
Nicolas Il faut l'ajouter sur le prix avec l'icône de la clé situé en haut à gauche du graphique du ...
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. ...
Boris Hi IVMcm, thanks for your amazing work. I have tested all of your indicators and use some of...
IV Mcm With pleasure and thanks!
Nicolas Really excellent screener for Guppy method! Well done.
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.....
Maxime Baudin Super travail !
Yanic c'est top j'adore
Maxime Baudin Merci l'ami, passe une bonne semaine
IV Mcm Merci de même ;)
Roland57800 Bonjour Noobywan, si je comprends bien l'utilisation de ce code que je trouve particulièr...
Noobywan Bonjour, quand la question a été posée dans le forum à celui qui avait fait la requête en am... "style(line,2)" C'è una guida ai parametri che si possono modificare ? Tipo stile della lin...
IV Mcm
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 ?
Manu L. defparam drawonlastbaronly = true //fractals cp = lookback if high[cp] >= highest[(c...
Manu L. C'est cette partie qui ne s'affiche plus //support/resistance if showSR then DRAWHLINE...
Nicolas C'est dans ce sujet: M...
fazel53 How do i attach this indicator to my mt5 platform?
Nicolas You can't! All indicators here are for ProRealTime trading platform: https://www.prorealtime...
superprof salut merci pour ton indicateur. Pour bien comprendre , si suis acheteur à quelle comment j...
Nicolas A discrétion, bon courage dans ton apprentissage du trading.
Manu L. Bonjour Nicolas, j'ai créé un screener avec l'aide à la prog en TF weekly mais je voudrai...