Trend Lines v2

จำนวนเข้าชม 106557
Hello Everyone. After working on new and better trend lines script for couple of weeks, finally I am proud to publish Trend Lines v2.

How it works?

- On each bar it finds last 10 higher and lower Pivot Points ( PP ).
- from first bar to 10. PP it search if a trend line is possible
- for each it starts searching from the last PP .
- it check if drawing a trend line possible or not and also it's broken or not
- if it's broken then optionally it shows broken trend lines as dotted
- if it finds a continues trend line and stop searhing more and draw trend line (I did this to make the script faster, otherwise you may get error because of it needs time more than .2sec)
- the script makes this process for each PP

optionally trend lines may be Solid or Dashed

optionally you may get rid of broken trend lines if you think it's crowded

and sometimes you may not see any trend line on the chart. this means you need to adjust the period for Pivot Points accordingly

also I made a video. if you watch this video you can see how the script works.

Important! after you add this tool to the chart you may need zoom-in and zoom-out to see all lines!

I thought a lot to make it free or not then I decided make it free and open source. you should know there is a lot of effort for this script, so if you think this is usefull please consider a donation ;)


เอกสารเผยแพร่: Important Update:
- "CHANGE BAR COLOR" option added. now able to change bar color when trendline was broken up or down.
- Alerts Added (for broken Trendlines)

A screenshot, how bar color changes when trendline was broken:
เอกสารเผยแพร่: Added Start Year, Month, Day. I did this because some users say they got "calculate takes too long to execute > 20000 ms" errow.

in current version now by default it starts calculation from 01.01.2020. You can set closer start date if you use small time frames like 3mins, 5mins, etc.

If you set start date accordingly, you will not get any error.

เอกสารเผยแพร่: After I saw some people copy/paste this script and sell, I decided to make it lighter.

for "Trend Lines Pro" script please visit following page:

จากใจ TradingView ผู้เขียนสคริปต์นี้ได้เผยแพร่เป็นโอเพนซอร์ส เพื่อให้ผู้ค้าสามารถเข้าใจและตรวจสอบได้ ยินดีด้วย! คุณสามารถใช้มันได้ฟรี แต่การใช้โค๊ดนี้ซ้ำเพื่อการเผยเเพร่ อยู่ภายใต้ กฎของเรา คุณสามารถตั้งเป็นรายการโปรดเพื่อใช้กับชาร์ตได้



Wow!! LonesomeTheBlue, nice work and helps a lots of people like us who do not know coding.... keep growing the community.
Thanks again...
One question though, is it possible to get the script for the GAAN lines too....
+17 ตอบกลับ
@rkayasth, Thank you. currently I don't have plan for it. next month if I have time I am planning to make trend lines script for some indicators ;)
+3 ตอบกลับ
NarendranR LonesomeTheBlue
@LonesomeTheBlue, Great and Appreciate your Work !! Congrats
+1 ตอบกลับ
One of the best auto trendlines I,ve seen.Good Job.
+9 ตอบกลับ
Good.... really helpful.

But I observed, some time trend line not connecting more than 2 picks... which some time give wrong trendline.
Is it possible for you to fix it in V2 only? :P

Just though.
+8 ตอบกลับ
LonesomeTheBlue bhavasarhemang
@bhavasarhemang, thanks for the comment. it's not easy to code to check more than 2 pivot points, in this script it needs a bit artificial inteligence or another idea. also it needs a channel idea as I did in my support and resistance script. trend lines v2 script is already complicated one and I believe if I add more controls for the things (such checking 3 and more PPs) the users can not see anything because it will take more than 200 miliseconds. also I believe this script can be improved and I better work on it.
bhavasarhemang LonesomeTheBlue
@LonesomeTheBlue, Thanka for quick reply.
+1 ตอบกลับ
Sir, if for example we apply this on the USDBTC 1H chart, we get an error "calculate takes too long to execute: >20000ms. How to surpass this?
+5 ตอบกลับ
@aciriaco, solved, you can set start date
aciriaco LonesomeTheBlue
@LonesomeTheBlue, super nice! thanks a ton! Just to get some sensibility, in the original TL (without fixing dates option), how many bars back does the script assume? 4000?
+3 ตอบกลับ