Trendlines are a visual representation of support and resistance in any time frame. (From Investopedia)To add to this description a properly constructed trendline should be drawn through 3 or more swing high or swing low points. It is a very simple but useful tool many people have asked me for.How to use it. Just load the indicator to any chart and pick the type of alerts you want to receive by editing the input parameters.
The EA can handle any number of lines per chart and each line can have its own adjustable settings. The EA has only a few inputs and it is easy to use. For more information visit. If you trade currencies in the Forex market using trendlines, then this is a must have application. Imagine the free time you will get while Trendline Trader works 24 hours a day non-stop. The beauty of it is that this EA allows you to decide how your trendlines should be drawn, what time frame and currency pair you use and what trade settings you operate with.
You have complete control over your trend line trading and this application will be your sidekick to do Hello everyone,I have this indicator, the Alerter, which basically warns when price approaches your pre-designed trendline.
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