Dreadblitz

Follow Line Indicator

The FollowLine indicator is a trend following indicator. The blue/red lines are activated when the price closes above the upper Bollinger band or below the lower one.

Once the trigger of the trend direction is made, the FollowLine will be placed at High or Low (depending of the trend).

An ATR filter can be selected to place the line at a more distance level than the normal mode settled at candles Highs/Lows.

Alerts Added
Note di rilascio: Alerts Added
Script open-source

Nello spirito di condivisione promosso da TradingView, l'autore (al quale vanno i nostri ringraziamenti) ha deciso di pubblicare questo script in modalità open-source, così che chiunque possa comprenderlo e testarlo. Puoi utilizzarlo gratuitamente, ma il riutilizzo del codice è subordinato al rispetto del Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

Vuoi usare questo script sui tuoi grafici?

Commenti

Hello Dude , Thanks for this great Indicator, I got questions if you don't mind

1. on which time frames you recommend to use it?, can be use on 5M, 15M and 30M also
2. Where exactly the Alert triggers, because the line has distance with candles on my chart, and I couldn't recognize where it triggers!!!
i wish i could send you my chart screenshot for better understanding
+73 Rispondi
rajesh26616 Rahian-BTC
+25 Rispondi
Genius077 Rahian-BTC
Rispondi
Very good indicator.

is this same as magic trend indicator ?

Can you make multi time frame of this indicator? thank you mate.
+29 Rispondi
@Roncs7, It could be a good idea, I will try to do it, unfortunately lately I am with very little time because of my usual work, but I can hardly do it, regards
+5 Rispondi
@Dreadblitz, Eagerly waiting mate!!!!!!!
+1 Rispondi
prajapati_abc Dreadblitz
@Dreadblitz, hi buddy..great work ..any success regarding multi time frame work in this?
+2 Rispondi
@Roncs7, thanks
+1 Rispondi
Hi.
Does this Line Indicator work on ETH/USD?
+12 Rispondi
Hello sir, I didn't understand the logic. I am getting different trend line for premium account and free account. Can you please explain this to me ?
+4 Rispondi