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.
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
Configurable Indicator Options
TPeriod, AutoAdjust, Auto Timeframe,Support (Blue), Resistance (Red),…
EUR/USD 4 Hour Chart Example