Auto Trend Lines Indicator

Auto Trend Lines  Indicator is designed to automatically build the trendlines on the chart of any currency instrument and any time frame.

But the construction of trend lines that, though basic, but not the only task that does this indicator. Another useful property of the indicator Trend Lines Auto - a beeping when the chart price breaks or that the trend line. In addition to the audible warning can be added to the emergence of an information window about the new trading signals and drawing arrows on the chart at the point of occurrence of the signal. These additional properties of the indicator as to facilitate trade traders who trade using trendlines and horizontal levels.

An indicator:

Break - The alarm according to the chosen style of trading:
true - a trend line break,
false - a retreat from the trend line;
Expand - display the second line of the indicator;
UseAlert - the inclusion of the signal at the intersection of costs, the indicator lines;
alertDebug - write messages to the log of the signal;
alertSound - the inclusion of sound;
alertMessage - display info window for a signal;
fileSound - the name of the sound file to play when a signal is applied;
TrendUpName - the name of the lines of support;
TrendDnName - name of the line resistance;
TrendUp - line color support;
TrendDn - color of the line resistance;
otstup - the distance between the signal indicator and the arrow points in the schedule;
ExtDepth - setting the standard indicator ZigZag;
ExtDeviation - setting the standard indicator ZigZag;
ExtBackstep - setting the standard indicator ZigZag.
In order to "force" indicator Trend Lines Auto draw trend lines in another, you need to find the parameters of the indicator section of the configuration indicator ZigZag . Himself, "ZigZag" on the graph is not shown, but its value needs to on its tops and lower classes to build trend lines, so if you make the indicator ZigZag more "slow", then for the construction of trend lines, will be chosen more bars in the history of .

The use of the trade:

trend trading has always been a less risky and more profitable, moreover, it is excellent value for profit and risk, and many practitioners have always advised traders to trade in the direction of the trend, so the transaction should be opened at otboe graphics from the line, and close when the other line.

Download Indicator Trend Lines Auto for MT4