PROTECTED SOURCE SCRIPT
Kenwilboy Trendline Breakouts
About
Kenwilboy Trendline Breakouts
This indicator shows trendlines with highlighted breakouts. Users can control the steepness of the trendlines as well as their slope calculation method.
Input
Length: Pivot points period
Slope: Slope steepness, values greater than 1 return a steeper slope. Using a slope of 0 would be equivalent to obtaining levels.
Slope Calculation Method: Determines how the slope is calculated.
Backpaint: Determine whether trendlines are backpainted, that is offset to past.
Style: Adjust the color and the line style according to the likes of the user.
How to use
Attach the indicator to a chart and you can see the trendlines clearly. Use the breakout points labeled in B to enter a buy or sell position. Do not blindly follow all the signals from this indicator, confirm it with your your own analysis and other indicator instead.
Kenwilboy Trendline Breakouts
This indicator shows trendlines with highlighted breakouts. Users can control the steepness of the trendlines as well as their slope calculation method.
Input
Length: Pivot points period
Slope: Slope steepness, values greater than 1 return a steeper slope. Using a slope of 0 would be equivalent to obtaining levels.
Slope Calculation Method: Determines how the slope is calculated.
Backpaint: Determine whether trendlines are backpainted, that is offset to past.
Style: Adjust the color and the line style according to the likes of the user.
How to use
Attach the indicator to a chart and you can see the trendlines clearly. Use the breakout points labeled in B to enter a buy or sell position. Do not blindly follow all the signals from this indicator, confirm it with your your own analysis and other indicator instead.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.