INVITE-ONLY SCRIPT
Auto Trendline Lower Ascending Trend line No label edition
Updated
This version is for people don't like the labels shown on chart, it works the same as the original one.
There will be no label on the right side of chart.
The concept is straightforward: the trend line is formed by two adjacent troughs when the price is in a uptrend. It will save a lot of time for people who uses trendline very often.
By deploying this indicator, should the condition meet, you don't need to draw the trend lines by hand anymore. You can also consider it as a trend line reminder.
It's also very easy to use, just load it on chart and set your desired inputs.
Features:
Adjust the strength of the 2 troughs that form the trend line .
Set price difference between two troughs in two variables: amount or percentage.
Turn on/off the cross below alert.
It works on all symbols and all timeframes.
never paint
There will be no label on the right side of chart.
The concept is straightforward: the trend line is formed by two adjacent troughs when the price is in a uptrend. It will save a lot of time for people who uses trendline very often.
By deploying this indicator, should the condition meet, you don't need to draw the trend lines by hand anymore. You can also consider it as a trend line reminder.
It's also very easy to use, just load it on chart and set your desired inputs.
Features:
Adjust the strength of the 2 troughs that form the trend line .
Set price difference between two troughs in two variables: amount or percentage.
Turn on/off the cross below alert.
It works on all symbols and all timeframes.
never paint
Release Notes
Update alert function.Release Notes
Add a new alert type "When trendline is formed".Release Notes
Update the nameInvite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Patternsmart for more information, or follow the author's instructions below.
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Author's instructions
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