Auto Trend Lines Channels Indicator
Platform: MT4 Type: Channel Last update: September 24, 2024The Auto Trend Lines Channels indicator detects the tops and bottoms of the market and connects these points with automatic trend lines.
That gauge provides high accuracy in defining correct trend lines. Besides moving averages, auto trendline plays a vital role in spotting dynamic support and resistance levels.
To achieve maximum benefit from the Auto Trend Lines Channels Indicator, one needs to know some basics of price action. For example, pin bar signals, inside bar breakouts, false breaks, etc. Such skills will surely help you to understand how the price is reacting in the trendline areas and what to do next.