Metatrader Indicator (MT4/MT5)
Tired of plotting trendlines? The Trend Lines indicator applies a mechanical approach to the construction of trend lines for you! It'll draw up to 18 trendlines automatically and save you a ton of drawing time.
- It can draw up to 18 trendlines
- Trendlines can be optionally based on fractals
- Each line represents a breakout level
- Each trendline can be broken or rejected
- Configurable amount of lines
- Configurable colors
Boost your trading returns with a great trendlines indicator at no cost, just like hundreds of users have already done!
- ? FAQ
- Does the indicator repaint?
- Yes, it must repaint as the trendlines expand.
- Can I decide how many trendlines to display?
- Yes, you can using an input parameter.
- Can I decide the trendline colors?
- Yes, you can!
- Trendlines change from timeframe to timeframe. Why?
- Because the short-term price action is different in all timeframes.
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