Auto Trend Line - m4cr0 — Indicator by m4cr0

This Indicator helps make trend lines for you based on your desired timeframe as long as the settings is set to higher than your chart's timeframe.
Open for suggestions for additional features.

Sample Drawn from Daily Timeframe

Sample Zoomed to Hourly Timeframe

Final Output

Release Notes:

-Added inputs to customize line color if trend is Bullish, Bearish or Neutral (Not Trending)

-Added alerts:
-->Bullish Trend
-->Bearish
-->Neutral (Not Trending)
-->Break of Bearish Trend (If close > last trend line point)
-->Break of Bullish Trend (If close < last trend line point)

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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