Automatic Trendlines

IG_CFD_Trader · Sat, 29 Oct 2016 23:47:58 +0000

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: Establish the current pivot high Establish the most recent pivot high that is higher than the current pivot high connect the 2 highs via an extended trendline do same for pivot low trendline

This topic has 1 reply, 2 voices, and was last updated 8 years ago by Nicolas.

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10/30/2016 at 12:47 AM #15709
IG_CFD_Trader
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:

Establish the current pivot high

Establish the most recent pivot high that is higher than the current pivot high

connect the 2 highs via an extended trendline

do same for pivot low trendline
IG_CFD_Trader
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11/01/2016 at 5:00 PM #15826

Nicolas

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.

Nicolas
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