Dreadblitz

Follow Line Indicator

The FollowLine indicator is a trend following indicator. The blue/red lines are activated when the price closes above the upper Bollinger band or below the lower one .

Once the trigger of the trend direction is made, the FollowLine will be placed at High or Low (depending of the trend).

An ATR filter can be selected to place the line at a more distance level than the normal mode settled at candles Highs/Lows.

Alerts Added
Versionshinweise: Alerts Added
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

Kommentare

Hello Dude , Thanks for this great Indicator, I got questions if you don't mind

1. on which time frames you recommend to use it?, can be use on 5M, 15M and 30M also
2. Where exactly the Alert triggers, because the line has distance with candles on my chart, and I couldn't recognize where it triggers!!!
i wish i could send you my chart screenshot for better understanding
+51 Antworten
rajesh26616 Rahian-BTC
+17 Antworten
Very good indicator.

is this same as magic trend indicator ?

Can you make multi time frame of this indicator? thank you mate.
+25 Antworten
@Roncs7, It could be a good idea, I will try to do it, unfortunately lately I am with very little time because of my usual work, but I can hardly do it, regards
+5 Antworten
@Dreadblitz, Eagerly waiting mate!!!!!!!
+1 Antworten
prajapati_abc Dreadblitz
@Dreadblitz, hi buddy..great work ..any success regarding multi time frame work in this?
+1 Antworten
@Roncs7, thanks
+1 Antworten
Hi.
Does this Line Indicator work on ETH/USD?
+10 Antworten
Hello sir, I didn't understand the logic. I am getting different trend line for premium account and free account. Can you please explain this to me ?
+4 Antworten
Good
+2 Antworten
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