[UPRIGHT Trading] Auto-Trendlines Pro (cc)

10. März 2022

Hello Traders -

Today I am releasing a full-featured auto-trendline indicator.
This makes it easier for beginners and professionals alike to analyze a charts trending support and resistance.

What are Trendlines and why do we use them?
In short, a trendline is a diagonal line that connects to two or more price points on a chart to show the current direction of price. These are used to identify and confirm trend direction in technical analysis and show support and resistance points.

Utilizing pivot points and different calculations for sources we're able to create the trendlines; with adjustable slopes (or just use of proprietary calculations) we are able to make these lines to line up with the current trend.

How it's different:

• Accurate auto-drawn calculated trendlines.
  
  
• Fully customizable - the ability to adjust the trendlines easily to exact specifications with every type of trader in mind.
  
  
• Can be used to spot long trend as well as short, by adjusting length or using extend both to see previous pivots it's touched.
  
  Then retracted, for perfect long trend.
  
• Can show old trendlines for analysis (click image to see).
  
• Auto-labels Higher-Highs, Higher-Lows, Lower-Highs, Lower-Lows at pivots.
  
• Lining up trendlines with Break signals can help provide more accurate trendlines (potentially teaching) beginners how to draw them better.
  
• Signature double trendline set.
  
• Also notice the additional sell/buy signals (shown above).
  
  
• Squeeze / Low-float mode adjusts to fit big moves.
  
• Adjust the opacity to hide or fade a line (as seen above).
  
  
• Pre-filled alerts for breakouts / breakdowns.
  

Please see author instructions for access.

Cheers,
Mike

(UPRIGHT Trading)

10. März 2022

Versionshinweise

• Added old trendline color adjustment.
  
• Small aesthetic tweaks.
  

10. März 2022

Versionshinweise

-small cosmetic change - title

26. Sept. 2022

Versionshinweise

Auto-Trendlines SR Pro 2.0 update

• Instant Trendline Support Resistance Defaults now more accurate.
  
• Changed color scheme for pivots to match closer to price action.
  
• Rapid Trendlines
  
• Several adjustment options as always.
  

Rapid Trendlines - Extension Right


Rapid Trendlines - Extension (Full) Both ways


RT Lines - No Extension

11. Jan. 2023

Versionshinweise

Auto-Trendlines SR Pro 2.1

• Added text and some instructions.
  
• New - Rapid Levels (with more Levels option) - Key levels that change from Green to Red as they become Resistance and vice versa. Perfect for beginners, but also for the seasoned trader to have unbiased levels.
  
• New - Rapid Pivots (beta) - Pivots on each candle.
  
• Optimized defaults and Rapid Trendlines.
  

14. Aug. 2023

Versionshinweise

Update 8.14:

• Scalp Mode (beta) to assist with more frequent Swing Signals (HH, LL, etc.). Please see tooltips for help.
  
• Updated Alerts: Buy/Sell is Triangle Up/Down, B2/S2 is Breakout/Breakdown, and added HH,LL,HL,LH alerts.
  
• UI updates.
  

18. Sept. 2023

Versionshinweise

UPDATE 9.18:

• Improved Rapid Trendlines.
  
• NEW! Session Anchored VWAP with adjustable session.
  
• Added ability to turn on/off individual trendlines without using transparency.
  
• More customization options.
  
• Default Rapid Levels are more transparent.
  
• A few changes to HL Pivot Signals "Scalp Mode."
  

Should look like:


With 2nd Set on (not needed on this chart):

18. Sept. 2023

Versionshinweise

Better look - Works on low-timeframes

11. Dez. 2023

Versionshinweise

--Bug fixes and minor changes.