Follow Line Indicator

The FollowLine indicator is a trend following indicator. The blue/red lines are activated when the price closes above the upper Bollinger band or below the lower one.

Once the trigger of the trend direction is made, the FollowLine will be placed at High or Low (depending of the trend).

An ATR filter can be selected to place the line at a more distance level than the normal mode settled at candles Highs/Lows.

Alerts Added
Catatan Rilis: Alerts Added
Skrip open-source

Sejalan dengan semangat TradingView, penulis skrip ini telah mempublikasikannya secara open-source, sehingga para trader dapat memahami dan memverifikasinya. Salut untuk sang penulis! Anda dapat menggunakannya secara gratis, tetapi penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk dapat menggunakannya didalam sebuah chart.

Inggin menggunakan skrip ini pada chart?


Hello Dude , Thanks for this great Indicator, I got questions if you don't mind

1. on which time frames you recommend to use it?, can be use on 5M, 15M and 30M also
2. Where exactly the Alert triggers, because the line has distance with candles on my chart, and I couldn't recognize where it triggers!!!
i wish i could send you my chart screenshot for better understanding
+73 Jawab
rajesh26616 Rahian-BTC
+25 Jawab
Genius077 Rahian-BTC
Very good indicator.

is this same as magic trend indicator ?

Can you make multi time frame of this indicator? thank you mate.
+29 Jawab
@Roncs7, It could be a good idea, I will try to do it, unfortunately lately I am with very little time because of my usual work, but I can hardly do it, regards
+5 Jawab
@Dreadblitz, Eagerly waiting mate!!!!!!!
+1 Jawab
prajapati_abc Dreadblitz
@Dreadblitz, hi buddy..great work ..any success regarding multi time frame work in this?
+2 Jawab
@Roncs7, thanks
+1 Jawab
Does this Line Indicator work on ETH/USD?
+12 Jawab
Hello sir, I didn't understand the logic. I am getting different trend line for premium account and free account. Can you please explain this to me ?
+4 Jawab