Looking for a good trendline indicator | Forex Factory

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Looking for a good trendline indicator

  • #1
  • First Post: Jul 29, 2014 12:51am Jul 29, 2014 12:51am
Hello,


I'm looking for a good trendline indicator, that draws main and local trend lines. I've tested a lot of indis (SHI Channel, TrueTL, autotrendchannel, etc.) but they don't work like I wanted.


Could you recommend me a good one? I will be very thankful for any help
Trade or not to trade - that is the question...
  • #2
  • Jul 29, 2014 12:53am Jul 29, 2014 12:53am
The very first thing you should do is to explain what is a "good one" for you ? In other words, the rules of your trendlines ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #3
  • Jul 29, 2014 1:50am Jul 29, 2014 1:50am
Quoting FerruFx
The very first thing you should do is to explain what is a "good one" for you ? In other words, the rules of your trendlines ...
a good one for me = indicator that doesn't repaint, draws all lines precisely (from higher timeframes), so that you know where you can expect a price reverse
Trade or not to trade - that is the question...
  • #4
  • Jul 29, 2014 5:53am Jul 29, 2014 5:53am
Quoting freakout
{quote} a good one for me = indicator that doesn't repaint, draws all lines precisely (from higher timeframes), so that you know where you can expect a price reverse
You forgot the most important thing : the rules ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #5
  • Jul 29, 2014 6:26am Jul 29, 2014 6:26am
If by any luck anyone has come accross such a beast..

I need one that connects the highs on a downtrend and connects the lows on an uprend.
  • #6
  • Last Post: Jul 29, 2014 8:30am Jul 29, 2014 8:30am
So you want a good trend indicator ?

It is one called Fundamental Analysis
"There's a sucker born every minute" - P.T. Barnum
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