The Perfect Tool for Traders Who Want To:

• Gain clarity on long, medium, and short-term market trends.
• Customize analysis with adjustable timeframes and trendline settings.
• Trade with confidence by identifying key support and resistance levels.

The Advanced Configurable Trendline Indicator is a dynamic ThinkScript tool designed to enhance your chart analysis. It automates trendline plotting across multiple timeframes, offering actionable insights to help you make informed trading decisions with ease.

Understanding the Advanced Configurable Trendline Indicator

This indicator provides long (50 periods), medium (20 periods), and short (9 periods) trendlines to analyze market trends at varying granularities. It’s compatible with multiple timeframes, including 5-minute, 1-hour, daily, and custom intervals, making it suitable for scalpers, swing traders, and long-term investors alike.

Key Features and Benefits

Customizable Trendlines:

• Adjustable lengths to capture long, medium, and short-term trends.
• Enable or disable trendlines to match your analysis needs.

Multi-Timeframe Compatibility:

• Works seamlessly on 5-minute, 1-hour, daily, and custom timeframes.
• Allows detailed analysis for any trading strategy, from scalping to swing trading.

Color-Coded Trendlines:

• Clear visual cues for bullish and bearish trends.
• Customizable colors to distinguish between trendline types easily.

Dynamic Line Extensions:

• Projects trendlines forward to visualize potential future price movements.
• Helps identify breakout zones and trend continuation points.

Why Traders Love It

The Advanced Configurable Trendline Indicator removes the guesswork from technical analysis. By automating trendline calculations and providing clean visual outputs, it allows traders to focus on strategy and execution. Whether you're analyzing short-term price action or long-term trends, this tool equips you with the insights needed to trade with precision and confidence.