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INVITE-ONLY SCRIPT
Updated

Auto Trend Lines - based on pivots

56
This indicator is able to automatically draw trend lines projected into the future, based on the latest highs and lows (pivots). It draws a downtrend line if the latest highs are descending and draws an uptrend line if the latest lows are ascending, providing dynamic resistance and support guidance over time. Through the settings it is possible to display only what you need and finally it is possible to set up alerts for the upward or downward cross of one of the trend lines in progress.
Combine it with your trading tools and it will be a guide to action for you!
Release Notes
updated to pine script v5

Invite-only script

Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact Alex_Chart directly.

Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Through the settings it is possible to display only what you need and finally it is possible to set up alerts for the upward or downward cross of one of the trend lines in progress.

Warning: please read our guide for invite-only scripts before requesting access.

Alex_Chart
Also on:
pivotPivot PointstrendTrend AnalysisTrend Line Break

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.
pivotPivot PointstrendTrend AnalysisTrend Line Break

Invite-only script

Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact Alex_Chart directly.

Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Through the settings it is possible to display only what you need and finally it is possible to set up alerts for the upward or downward cross of one of the trend lines in progress.

Warning: please read our guide for invite-only scripts before requesting access.

Alex_Chart
Also on:

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.