Supreme Trend Line Drawing Software

Think of them as the diagonal equivalent of horizontal support and resistance.

Trend line drawing software. The automatic trend line indicator determines the current up trend and down trend line and draws them. Even better the trend lines are extremely precise because the software performs all the calculations and adds some proprietary algorithms that determine exactly when a high percentage trading opportunity presents itself. In a down trend draw the line along the highs of prices.

Trend lines can be used to identify and confirm trends. ProRealTrend gives you the flexibility to choose the level of detail of the analysis. Ad Solid reliable and trustworthy design software.

Automatic Trendline Indicator plots the trendlines on an automatic basis with an aim to ease the hassle of drawing the trendlines manually every day. To enable Auto Trendline simply right click on the Chart in Investar software and click Enable Auto Trend Line. а Lines are drawn considering bar from the right side of the left point.

The Auto Trend Line automatically draws trend lines based on swing high and swing low points. The extremum means such a bar on the left and right side of which there are N bars with the higher lows and the lower highs. The steeper the trend line the less reliable it will be.

The user may change the period lengths. As the name implies trend lines are levels used in technical analysis that can be drawn along a trend to represent either support or resistance depending on the direction of the trend. A trend line break does not mean that the trend will change.

Once the price touches the line or closes abovebelow it EA will open a trade immediately. The Trend Line can be represented as a Ray Line or as an Extended Line. Itll draw up to 18 trendlines automatically and save you a ton of drawing time.