OPEN-SOURCE SCRIPT
eBacktesting - Learning: Trend Lines
eBacktesting - Learning: Trend Lines helps you spot clean trend lines automatically, using real swing points (highs/lows) and confirming a line only after it’s “respected” multiple times.
What you’ll see on the chart
- Uptrend lines (support) when price is making higher lows
- Downtrend lines (resistance) when price is making lower highs
- A simple way to study structure, spot “respect” of a trend line, and understand when a trend may be weakening
- Trend line breaks are based on candle closes, not just quick wicks, so the signals are clearer
You can also keep a few older lines on the chart, making it easy to review past reactions and build pattern recognition.
These indicators are built to pair perfectly with the eBacktesting extension, where traders can practice these concepts step-by-step. Backtesting concepts visually like this is one of the fastest ways to learn, build confidence, and improve trading performance.
Educational use only. Not financial advice.
What you’ll see on the chart
- Uptrend lines (support) when price is making higher lows
- Downtrend lines (resistance) when price is making lower highs
- A simple way to study structure, spot “respect” of a trend line, and understand when a trend may be weakening
- Trend line breaks are based on candle closes, not just quick wicks, so the signals are clearer
You can also keep a few older lines on the chart, making it easy to review past reactions and build pattern recognition.
These indicators are built to pair perfectly with the eBacktesting extension, where traders can practice these concepts step-by-step. Backtesting concepts visually like this is one of the fastest ways to learn, build confidence, and improve trading performance.
Educational use only. Not financial advice.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
eBacktesting.com
--------
Check out the most complete backtesting suite integrated on TradingView!
Join our free Discord group for more info, Q&A, and education:
discord.gg/kJSmwSxBpW
--------
Check out the most complete backtesting suite integrated on TradingView!
Join our free Discord group for more info, Q&A, and education:
discord.gg/kJSmwSxBpW
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
eBacktesting.com
--------
Check out the most complete backtesting suite integrated on TradingView!
Join our free Discord group for more info, Q&A, and education:
discord.gg/kJSmwSxBpW
--------
Check out the most complete backtesting suite integrated on TradingView!
Join our free Discord group for more info, Q&A, and education:
discord.gg/kJSmwSxBpW
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.