Automatic Trendlines Indicator for ThinkOrSwim TOS
This ThinkScript for ThinkorSwim will plot trend lines automatically for Calculating second-order pivots determines the current trend. This method uses the top-down and bottom-up approach for trend lines. This means it connects lower highs for Down trends and higher lows for Keep up with the latest trends
The Basic Market Structure Automatic Trend lines and Better Range Finder were extremely helpful in my trading. Anyone looking for fun with ThinkScript I highly recommend it. for Indicators from ThinkorSwim
Augustine
This can be used for any time frame and will show the trend. Breakouts and breakdowns are marked with an arrow. Optionally, an audible alarm may be activated.
These trend lines could be drawn from either the candle wicks, or the candle body.
The trend line can be extended to the right by a user-definable sum
Combine the autotrend line and basic market structure (available as an additional purchase) with auto-fibonacci stripes for It is a powerful combination
Archive: https://archive.ph/wip/HnEhE
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Here’s What You Will Get In Automatic Trendlines Indicator for ThinkOrSwim TOS
Course Features
- Lectures 1
- Quizzes 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 74
- Assessments Yes