
Advanced Trendlines Indicator
Platform: MT4 Type: Trend Last update: November 8, 2024The Advanced Trendlines Indicator for MT4 is responsible for drawing accurate trendlines on the activity chart. It analyzes the current view and connects all possible and meaningful tops and bottoms that create a leaning trendlines.
Blue lines work as support levels and red lines act as resistance levels. One the first glance it may be a bit overwhelming, but when you pay attention you will see how the price reacts and respect certain points.
Example chart:
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