Advanced TrendLines Metatrader 4 Indicator

Don’t know how to draw trend lines on your forex charts? The advanced trendlines indicator will help you out. It automatically draws support and resistance trendlines on the charts for all currency pair. Upward sloping trendlines indicate bullish price actions. On the contrary, downward sloping lines indicate bearish price action.

General Assumptions

Upward sloping trendlines: Bullish – Look for buy signals near support.
Downward sloping trendlines: Bearish – Look for sell signals near resistance.
Red colored lines: resistance
Blue colored lines: support

Download

Download the Advanced TrendLines Metatrader 4 indicator.

Configurable Indicator Options

TPeriod, AutoAdjust, Auto Timeframe,Support (Blue), Resistance (Red),…

EUR/USD 4 Hour Chart Example

advanced-trendlines-mt4

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