Koala Trend line has been upgraded to version 1.2
Improvement of this last update: Added a new parameter which allows the user to connect the trend line to the 2nd, 3rd, or xth lowest or lowest stage.
My petition :
** Dear clients, please post your review of Koala Trend Line, and let me enhance your comments.
WHY IS KOALA TREND LINE A complimentary INDICATOR?
I consider that a free indicator should be a qualified tool.
what about OTHER FREE PRODUCTS?
All products together with the green koala logo are my free products
https://www.mql5.com/en/users/ashkan.nikrou/seller#products
Koala Trend Line Introduction:
I made this indicator to help traders better find the trend, this indicator can show you the current trend line.
As you know, the trend line should run between the two highest or lowest points.
So, the basic logic is to find the highest and lowest points.
The indicator finds all the highest and lowest points in the history and shows them with red and blue dots.
These highest and lowest points are calculated according to the depth value. the depth value is adjustable, and the user can change it.
What does depth mean?
When the depth is 10, it means that each highest candle should be the highest between the 10 candles around it, there should be the highest candle between the 5 preceding and 5 following candles.
When the depth is 10, it means that each lowest candle should be the lowest between the 10 candles around it, there should be the lowest candle between the 5 preceding and 5 following candles.
Developer’s note for those who love this free indicator:
I decided to develop some quality free products and thus respect my customers, I will continue this way, I will create more free products and also update the existing free products.
At the end, I have a request to those who love this indicator, visit my other products by clicking the link below, test them, these are powerful tools.
If you think that one of them can be used to the full, please buy it to support me, your support will help me make more free tools.
https://www.mql5.com/en/users/ashkan.nikrou/seller#products
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