Automatic Trendlines Indicator for ThinkOrSwim TOS - The Course Arena
Sale!

Automatic Trendlines Indicator for ThinkOrSwim TOS

Original price was: ₹59,700.Current price is: ₹10,292.

Category:

This ThinkScript for ThinkorSwim will plot automatic trend lines for the prevailing trend based upon calculating second-order pivots. This uses the top-down, bottom-up approach to trend lines. That is to say, it connects lower-highs for down trends and higher-lows for up trends.
Automatic Trendlines Indicator for ThinkOrSwim TOS
Basic Market Structure, Automatic Trend Lines and Better Range Finder have been extremely helpful in my trading. I would absolutely recommend Fun with ThinkScript to anyone looking for ThinkorSwim indicators.

Augustine

This works on any time-frame and will plot the appropriate trend. Breakouts / breakdowns are indicated with an arrow. An audible alert may, optionally, be triggered as well.

The trend lines may be drawn from the candle wicks or the candle bodies

The trend line may be extended to the left by a user-definable amount

Combine the auto-trend line and basic market structure with auto-fibonacci stripts (available as a separate purchase) for a powerful combination
Update

Thank you to the initial users who purchased this script and provided valuable feedback to me. Because trend lines that were established in the past may become significant once again, the ability to keep those trend lines on screen was requested several times, so I have added that feature.

The script will now plot between 1 and 10 trend lines at a time.
I have added the ability to limit the right extension of the trend line (instead of just continuing forever).

46
    46
    Your Cart
    Oliver Velez – Core Trading Tactics Remove
    Afshin Taghechian – Complete Times Course Remove
    BnfTv Youtube Course Remove
    BnfTv Youtube Course
    2 X 150 = 300
    Inner Circle Dragons – The ICT Academy Remove
    Buried Treasure Trading System (Audio 168 MB) Remove
    Ben Cathro – Intro to Mountain Biking Remove
    Ben Cathro – Intro to Mountain Biking
    1 X 4,000 = 4,000
    Adam Payne – The Affiliate Oracle Remove
    Adam Payne – The Affiliate Oracle
    1 X 4,000 = 4,000
    Cam Zink – Equipment and Mindset Remove
    Cam Zink – Equipment and Mindset
    1 X 4,000 = 4,000
    Appsumo – Course About Building A Course Remove
    Andrew Peters – Trading Pivot Points Remove
    Andrew Peters – Trading Pivot Points
    1 X 4,000 = 4,000
    Anonymous – Ten to One Method Self Hypnosis Remove
    Ultimate Edit Course By Nitish Kunwar Remove
    How to Master Black & White in Photoshop Remove
    Andy Hafell – Tube Takeoff Remove
    Andy Hafell – Tube Takeoff
    1 X 4,000 = 4,000
    Bill Dalton – Financial Products Remove
    Bill Dalton – Financial Products
    1 X 4,000 = 4,000
    Common Craft – Cut Out Library Remove
    Common Craft – Cut Out Library
    1 X 4,000 = 4,000
    Eliott Hulse – Muscle Virus Solution Remove
    Digital Marketer – Certification Bundle 2023 Remove
    Anthony Aires – Speed Ranking System Remove
    Anthony Aires – Speed Ranking System
    1 X 4,000 = 4,000
    How to Master Black & White in Photoshop Remove
    How to Master Black & White in Photoshop Remove
    Boomerang Day Trader (Sep 2014) Remove
    Boomerang Day Trader (Sep 2014)
    1 X 4,000 = 4,000