Automatic Trendlines

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  • #15709 quote
    IG_CFD_Trader
    Participant
    Average

    Hello All,

    Has anyone in this great forum coded an automatic trendline indicator that simply connects the 2 most recent pivot highs and pivot lows on the chart?

    The indicator should only show the 2 most recent lines and erase past lines as they become redundant.

    Steps would be as follows:

    1. Establish the current pivot high
    2. Establish the most recent pivot high that is higher than the current pivot high
    3. connect the 2 highs via an extended trendline

    do same for pivot low trendline

    #15826 quote
    Nicolas
    Keymaster
    Master

    There is a French topic that deals with automatic trend lines made from recent fractals, I made an indicator for this strategy.

    It could be adapted to any other calculation to make the trend lines construction. Though, fractals are pretty much the same as pivot high/low IMO.

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Automatic Trendlines


ProBuilder: Indicators & Custom Tools

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IG_CFD_Trader @wnakhoul Participant
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This topic contains 1 reply,
has 2 voices, and was last updated by Nicolas
9 years, 3 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 10/30/2016
Status: Active
Attachments: No files
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