BOSS Automatic Trendlines

9 Mei 2019

THE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM

Trendlines when drawn properly make an excellent tool for traders. Used improperly though, they become ineffective and even counterproductive, resulting in a belief that prices have made a reversal when they really haven't, or that a trend has strength when price action suggests it doesn't.

The Boss Auto Trendline Indicator draws the trendlines automatically, and now you can effectively use trendlines as part of your trading strategy.

Trendlines highlight a trend or range (sideways movement). A trendline connects swing lows, where the low is lower than the surrounding prices, and swing highs in price. When the price rises, the swing lows rise.

Red Lines & Dots.

Connecting these lows with a line results in an ascending trendline, showing you that the trend is up. A trendline can also be drawn along the swing highs. This shows the angle of ascent, and the strength of the price move, whether strongly higher or not.

Green Lines & Dots

When the price falls, the swing highs fall. Connecting these highs with a line results in a descending trendline, illustrating the downward trend. A trendline can also be drawn along the swing lows. This shows the angle of descent​ and the strength of the downward price movement.

Available at https://bosscripts.com/collections/frontpage/products/boss-automatic-trendlines

Website https://bosscripts.com/

4 Jun 2019

Catatan Rilis

color change

4 Jun 2019

Catatan Rilis

Removed Watermark

28 Jun 2019

Catatan Rilis

Minor code change