(REQ)good trenline indicator?

[eric07]

Hi all.

 

Still searching a good trendline indicator.

If anyone keen to share it.

 

 

Thanks in advance.

 

Cheers

[shabz]

I have one called Shmen Trendline, I will try & upload for you.

[4xguru]

This is what I am looking for also. Thanks!

[rai008]

This is Shmen Trendline http://www.mediafire.com/?lcwy7tgn9gpkckf

[eric07]

This is Shmen Trendline http://www.mediafire.com/?lcwy7tgn9gpkckf

 

How to used this? any manual or could someone explain the setting?

 

Thanks..

[shabz]

You beat me to it, I was about to upload it.

 

You can choose for the trendline number of touches and the slope direction. You have to play with the different settings until you like what it draws to suit the way you use trendlines.

[eric07]

Any other indi want to shares?

[freddy]

Any other indi want to shares?

 

Hi eric,

I found this link where you have hundreds of indicators.

 

http://www.forextradingplus.com/indicators/index.php?path=&sort=name&order=asc&start=500

 

on page 3 you can find "Ind-TD-DeMark.....mq4 " which is a correct trendline indi, but you can play with many others, just look and try.

 

Enjoy and have fun, if you find something useful, just let us know. ;)

[eric07]

Hi eric,

I found this link where you have hundreds of indicators.

 

 

 

on page 3 you can find "Ind-TD-DeMark.....mq4 " which is a correct trendline indi, but you can play with many others, just look and try.

 

Enjoy and have fun, if you find something useful, just let us know. ;)

 

Wow thanks friend for your kindness..

"Ind-TD-DeMark.....mq4 " ---i really dont understand how to used it.

 

So try to find the simple trend line.

 

thanks again.

[comeinvest]

same here. thx

[freddy]

Wow thanks friend for your kindness..

"Ind-TD-DeMark.....mq4 " ---i really dont understand how to used it.

 

So try to find the simple trend line.

 

thanks again.

 

Try this one, I think it is pretty obvious of how to use it, you can go into settings and change everything, show/ hide horizontal lines, show/hide target lines, etc.

 

http://a.imageshack.us/img838/6784/indtddemark31lamod01aim.gif

[eric07]

Is this indi repaint? i think that the line keep changing? correct me if im wrong frens.

 

Cheers

[freddy]

Is this indi repaint? i think that the line keep changing? correct me if im wrong frens.

 

Cheers

 

Depends what you call repainting.

 

It uses the rules (from Tom Demark) to draw trendlines from right to left (using swing highs&lows)

So it effectively draws trendline as the market moves, just like you do manually.

Do you call that repainting, or following the flow of the market.

 

Search here or google for Tom Demark if you want to understand how he draws these trendlines and make his projection targets.

 

Hope it helps

Regards

[freddy]

 

Search here or google for Tom Demark if you want to understand how he draws these trendlines and make his projection targets.

 

 

just googled and found this link:

http://rapidshare.com/files/233860456/New_Market_Timing_Techniques_-__Innovative_Studies_in_Market_Rhythm___Price_Exhaustion_by_Tom_DeMark

 

It is a classic book, a bit dense but some usuful information. :)

[freddy]

another link, ;)

look the first chapter for the trendlines.

 

http://rapidshare.com/files/258253581/Demark_-_The_New_Science_of_Technical_Analysis_www.dl4all.com.pdf

 

Good read!!