OPEN-SOURCE SCRIPT

Trend lines

Actualizado
This script aims to identify and plot trend lines and pivot points on a price chart, with the aim of facilitating technical analysis for trading.

The script allows users to configure a number of parameters including the period for Pivot Points, the maximum number of pivots, and the maximum number of trend lines.

Pivot points (local highs and lows in the price data) are identified using TradingView's built-in pivot high and pivot low functions. The identified pivot points are then stored in arrays. The script also optionally plots these points on the chart.

The main goal of the script is to find and plot trend lines based on the pivot points. For each pair of pivot points, it computes the slope of the line connecting them. If all the other pivot points are below this line (for downward trends) or above this line (for upward trends), the line is considered a valid trend line.

The script also includes a feature that suggests potential "buy" or "sell" points along the trend lines. When the price touches the trend line, a label indicating a potential trading action (buy or sell) is created on the chart.
Notas de prensa
fixed a problem where the line crosses the price and doesnt dissapear.
Notas de prensa
changed reference image
Notas de prensa
changes to make it a little bit faster
Notas de prensa
- removed signals because this indicator does not need them
- updated logic
- added different colors for lines
Trend Analysistrendlinesmattertrendlinesuport

Script de código abierto

Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

¿Quiere utilizar este script en un gráfico?

Exención de responsabilidad