- Auto Trend Lines
I give you, the final version of, auto trend line indicator.
- Auto Trend Lines Options
The indicator has several options.
Tolerated - How many candles that does not respect the line is tolerated (predefined value 0)
Test whole - Test whole frame, do, the market respects the trend line.
Frame Size - How many periods before the last candle, indicator starts drawing the lines.
Fractal - As a starting point for the trend lines indicator use fractals, otherwise may use any candle.
Close or High and Low- Ignore the line if the High / Low value of the period exceeded the trend line, otherwise, it uses closing price, when checking.
Suggestions are welcome, bugs, are possible.
I will do more testing , before official publication.
Recommendations, use fractals.
Reason, the complexity of not fractal calculations, fractal visibility, has far fewer lines drawn