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Automated Trendlines

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Trendlines would be the most essential instrument of technical analysis from forex trading. Unfortunately, most  traders don’not draw them correctly. Automated Trendlines index is a professional tool for serious traders that enable you to visualize the trending motion of the markets.

in the uptrend, Forex trend line is drawn through the smallest swing-points of the price move.
Connecting at least two “lowest lows” will create a trend line.

In the downward trend, trend line is drawn through the greatest swing-points of the price move.
Connecting at least two “greatest highs” will create a trend line.

A bullish trendline breaks when a bearish candle closes below bullish trendline and the high of the candle is above trendline.

A bearish trendline breaks when a bullish candle closes above bearish trendline and the low of the candle is below trendline.

A bullish trendline deletes when a full candle forms below bullish trendline.

A bearish trendline deletes when a full candle forms above bearish trendline.

You can change the color and width of Bullish and Bearish trendlines from input parameters.

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