WATL TrendLines Metatrader 4 Indicator

The WATLTrendLines indicator draws up-and downward sloping trend lines for you on autopilot, regardless of what time frame or currency pair you trade. The indicator can give you a tremendous trading advantage.

General Assumptions

In uptrending markets – Look for downward sloping trend lines to be broken from below. Price must close above the trend line.
In downtrending markets – Look for upward sloping trend lines to be broken from above. Price must close below the trend line.

Download

Download the WATL Metatrader 4 indicator.

Configurable Indicator Options

High_period, Low_period, Trigger_Sens, ForexcastHighTrendline,…

EUR/USD 1 Hour Chart Example

autotrendlines01

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