FnM_Capital

Trend Sniper

This is a leading indicator showing wave reversal points.

By drawing trendlines on this indicator you can quickly see a break of the trendline before the break on a price chart trendline.


Manually draw trendlines on the indicator to form an uptrend or downtrend.
A break down of the upward trendline gives a sell signal.
A break up of the downward trendline gives a buy signal.

Also included an extra timeframe (Blue Line) to give a bigger perspective from different timeframes. You can choose your own different timeframe that can be lower or higher than your current price chart timeframe.


For example: Place your chart on 1H and draw your trendlines on the indicator. Set the extra timeframe to 4H of 1D to see the overall trend and motion.

By using this indicator the way we suggest, you will be able to get good trend continuation signals
Gỡ bỏ khỏi Script Ưa thích Thêm vào Script Ưa thích

Bình luận

I truly appreciate this! Cannot wait to integrate this with my charts. This is a trendline but the best part is that it draws it automatically :)
Thank you for this interesting work :D
+1 Phản hồi
FnM_Capital aldrinjeth
@aldrinjeth, You need to draw the lines on the indicator by hand. Not automated. I will see in the next versions to implement auto lines
+1 Phản hồi
I'm not seeing trend lines at all and instead just a blue line?
+1 Phản hồi
FRXMACHNE carguychase
@carguychase, you need to draw trend lines man. It is not scripted.
Phản hồi
repainting
Phản hồi
FnM_Capital CarlORourke
@CarlORourke, It will not repaint a closed candle. Learn to use it before bashing FREE indicators. I see you have a reputation for doing this. Take the script and do your own contribution by improving on it.
+2 Phản hồi
CarlORourke FnM_Capital
@FnM_Capital, thanks for the reply. Using a 15min chart on a 4 hour will repaint unless we wait for the 4 HOUR candle to close, is that correct? 15min TF on a 15min setting, we would wait for the 15min candle to close? just to clarify..
Phản hồi
FnM_Capital CarlORourke
@CarlORourke, The candles are printing the current chart timeframe, so wait for the current timeframe candle close. The blue line is not to be used for entries, this is the extra timeframe indicator to give you a broader perspective of the market movement. For instance, the 1Min traders get wiped out with a spike when a 1Hour chart starts moving. Study the term "Fractals" for more info on this. This blue line is to give you an indication of what the other timeframe is up to. If you are trying to enter on any timeframe while the candle is still printing, you are entering way to early and this will result in false signals. You can still enter 2 - 3 candles after the breakout and still get a good entry
Phản hồi
CarlORourke FnM_Capital
@FnM_Capital, got it, thanks mate.
Phản hồi
CarlORourke FnM_Capital
@FnM_Capital, didn't mean to bash..
Phản hồi
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Trả phí Giới thiệu bạn Quy tắc Áp dụng Trung tâm Trợ giúp Giải pháp cho Website & Nhà môi giới Widget Giải pháp biểu đồ Thư viện Biểu đồ Lightweight Blog & Tin tức Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Giới thiệu bạn Xu Ticket Hỗ trợ của tôi Trung tâm Trợ giúp Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất