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Trend Line Patterns Breakout Signals System
Trend Line Patterns Breakout Signals System
Trend Line Pattern Signals Is a traders Tool for Signals based on Strong Patterns Formed By a pair of robust trend lines.
The TREND LINES form dynamically on running bars.
The sensitivity of the trend lines can be changed by custom settings.
The Buy and Sell Signals Generate upon Break Of the Trend Line + “Close” of the same bar above the previous swing High or Low, so they will come only when a strong move takes place.
The DASHBOARD displays – ENTRY, MULTIPLE TARGETS AND STOP LOSS LEVELS, and RUNNING PROFIT OR LOSS IN THE TRADE.
The Signals Generate the suitable TARGETS AND STOP LOSS.
The custom selection of best patterns can be made based on the Parameters Length of the Trendlines.
Based on the selected Trend Line Length or Trend Line formation using N bars defined the Signals are generated.
Parameters
- nPeriod = 10; -Trend Line Custom Settings Of Sensitivity / Length
- Limit = 100; -The look back number of bars to draw the patterns
- ArrowPos = 5; – Arrow Display Position
- Levels = true; – Display On Or Off Of The Trend Lines
- Levels2 = true; – Display On Or Off Of The Swing High And Low
- width = 3; – Display Font Size Of The Labels
- periodtotake = 200;- Target Setting In Pips
- ExitAtTarget = 4; – Selection Of The Target To Exit 1 To 4
- FontName = “Arial”;- Font Selection
- FontSize = 14; -TheDisplay font size of the recent swing high low levels and of the bar timer
- FontColor = White; – The text color of BARtimer display
- PopupAlerts = true; -The Toggle for Alerts of Buy sell sinals
- EmailAlerts = false; – The Toggle for Email alerts of buy sell signals
- Graphics = true; – Turns Display Of Dashboard
