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Indicatorwarehouse – Auto Trend Line and Channel Tool

Indicatorwarehouse – Auto Trend Line and Channel Tool

Sale page: https://www.indicatorwarehouse.com/ninjatrader-indicator/auto-trend-line-and-channel-tool/

From Trend to Channel, all in one Panel.

This indicator exponentially increases the value of trend lines by creating a parallel channel area of dynamic support and resistance. Creates any number of trend line channels (rising and falling)…and signals an arrow alert when price crosses below a rising channel, or above the falling channel. Added channel bounce signal in conservative or aggressive mode.

Key Features:

• Provides  traders with a shorter learning curve for mastering channel trading
• Automatically draws trend lines and channels for short term or long term trends
• Provides signals for both channel bounce trades and Trend line break trades
• Added audio signals and New Trend channel audio and visual feature

• The MaxLines parameter lets you keep that many drawn lines on the chart for easy visual reference
• Optional email alert when price breaks the trend line
• TrendlineType parameter lets you determine if you want to view only Upward, Downward, or Either
•  “ShowChannels” parameter lets you reduce the channel to a single support/resistance trend line
• Full color and style customization parameters for the trend lines
• Historical lookback – position of each trendline is recorded on the chart using plotted dots
• Accessible to Strategies/Indicators – Plotted values of the trendlines are available to any other NinjaScript Strategy or Indicator…essential for strategy or additional indicator development.

Salepage : Indicatorwarehouse – Auto Trend Line and Channel Tool

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