Trendlines Indicator Documentation


The Trendlines indicator is a powerful tool designed to identify and visualize trendlines on price charts. Utilizing trendlines is a fundamental aspect of technical analysis, allowing traders to identify the direction and strength of price trends.


  1. Automated Trendline Detection: The Trendlines indicator automatically detects and draws trendlines on price charts based on user-defined settings. This automation saves time and effort for traders, enabling them to focus on analyzing trends rather than manually drawing trendlines.

  2. Customizable Parameters: Users have the flexibility to customize various parameters of the trendlines, including the sensitivity, color, and style. This customization ensures that the trendlines align with the trader's specific preferences and trading style.

  3. Multi-Timeframe Analysis: The indicator supports multi-timeframe analysis, allowing traders to view trendlines across different timeframes simultaneously. This feature provides a comprehensive view of price trends, enhancing decision-making capabilities.

  4. Real-Time Updates: The Trendlines indicator provides real-time updates, ensuring that trendlines accurately reflect the latest price movements. Traders can rely on up-to-date trendline information to make informed trading decisions.

How to Use:

  1. Installation:

    • Install the Trendlines indicator on your preferred trading platform, such as TradingView or MetaTrader.

    • Configure the indicator settings based on your trading preferences.

  2. Interpretation:

    • Identify trendlines drawn by the indicator on the price chart.

    • Analyze the slope, length, and frequency of the trendlines to assess the strength and direction of price trends.

    • Look for confluence between trendlines and other technical indicators to confirm trading signals.

  3. Trading Strategies:

    • Utilize trendline breaks and bounces as potential entry or exit points for trades.

    • Combine trendline analysis with other technical analysis tools, such as oscillators and candlestick patterns, to develop robust trading strategies.

    • Implement risk management techniques to mitigate potential losses and maximize profits.


The Trendlines indicator is a valuable tool for traders seeking to identify and analyze price trends effectively. By leveraging automated trendline detection and customizable parameters, traders can gain valuable insights into market dynamics and make informed trading decisions.

Setting Trendline Sensitivity

The trendline sensitivity parameter allows users to adjust the aggressiveness of the trendline detection algorithm. By setting the sensitivity level, traders can fine-tune the indicator to their preferred balance between capturing subtle price movements and filtering out noise.

  • Sensitivity Range: The sensitivity parameter typically ranges from 1 to 100, with higher values indicating greater sensitivity to price fluctuations and lower values indicating less sensitivity.

  • Default Setting: The default sensitivity setting is often set at 50, providing a balanced approach that captures moderate price movements without being overly reactive to minor fluctuations.

  • High Sensitivity (Aggressive): Setting the sensitivity to a higher value, such as 75 or above, makes the indicator more aggressive in detecting trendline formations. This can result in more trendlines being drawn, including those based on smaller price swings.

  • Low Sensitivity (Conservative): Conversely, lowering the sensitivity to a value below 50, such as 25 or lower, reduces the indicator's responsiveness to minor price changes. This approach is more conservative and may result in fewer trendlines being identified, focusing on larger price movements.

  • Customization: Traders can adjust the sensitivity parameter based on their trading style, risk tolerance, and market conditions. Experimenting with different sensitivity levels allows users to find the optimal setting that aligns with their trading objectives and preferences.

  • Fine-Tuning: It's essential to fine-tune the sensitivity setting based on the specific asset being analyzed, as different securities exhibit varying levels of volatility and price action characteristics. Additionally, monitoring the indicator's performance over time and adapting to changing market conditions can further enhance its effectiveness.

Overall, adjusting the trendline sensitivity empowers traders to tailor the indicator's responsiveness to match their unique trading requirements, ultimately enhancing the accuracy and reliability of trendline analysis.

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