Trend Lines Summary



Have you ever wanted to follow a trend from start to finish, and know when to get out of the trade? Usually, you would want to get out when the trend is broken. Here is an indicator that will give you an audible alert when a trendline is breached or when a full breakout has occured! You can of course set the line style, size and colors to your liking. The indicator will 'walk' the trendline as the trend unfolds -- lines will redraw and increase slope until the line is eventually breached. The magnitude of the trend will of course depend on your chart's bar interval -- long term trends will show on hourly or daily charts, for example, down to scalping trends on a 5 or 1 minute chart. If you enable it, when the audible signal sounds, the trend is probably over!