Welcome to the Traders Laboratory Forums.
Coding Forum Collaborate, receive help, or discuss coding related issues.

Reply
Old 01-04-2010, 12:58 PM   #1

Join Date: Dec 2008
Location: athens
Posts: 54
Ignore this user

Thanks: 0
Thanked 4 Times in 3 Posts

Trendline Indicator

hi

does anybody has and wish to share or knows where to find a trendline like indicator ?

to explain better the code should not have Tl type functions and will plot values on everybar.it should resemble a trendline even if its not as exact as a manually drown trenline...

my own best shot at this was to take a long term average that resembels a trendline
and then
if the close > than the average i would store the highest for barcounter above the average,
take the difference (highest(h,barcounterabov e) - average ) and add that number to all bars that h < highest(h,barcounterabove ) to the average value..

the result is a channel like projection that keeps the average slope untill a new high is found..

regards
andypap is offline  
Reply With Quote
Old 01-04-2010, 07:27 PM   #2

BlowFish's Avatar

Join Date: Mar 2007
Location: In Da House
Posts: 3,292
Ignore this user

Thanks: 129
Thanked 1,054 Times in 702 Posts

Re: Trendline Indicator

Barry over at emini watch has one for TS but its a paid for job. Not sure its how I'd want them drawn either. Quotetracker has one too I seem to remember it being a bit weird at times. (freebie though) Could check Clyde Lee's site too (He does pitchforks but I don't think trendlines). Finally I wonder if any of the Hershey crowd have one? Last I looked it was all 'tapes' which doesn't help really.

Certainly the community could use a decent public domain offering.
BlowFish is offline  
Reply With Quote

Reply

Thread Tools
Display Modes Help Others By Rating This Thread
Help Others By Rating This Thread:


Similar Threads
Thread Thread Starter Forum Replies Last Post
Instantaneous TrendLine Tams Trading Indicators 43 09-06-2011 11:21 PM
Trendline (EasyLanguage) Tams Coding Forum 43 07-09-2011 12:36 AM
GBP/USD Trendline Breakout DannyBly Forex Trading Laboratory 3 07-06-2008 09:13 AM
Trendline methods waveslider Technical Analysis 0 06-26-2007 09:13 PM
The Downsloping Trendline On The YM Bfbusa Technical Analysis 0 02-06-2007 11:54 PM

All times are GMT -4. The time now is 02:23 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.