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e-TrendLineSnap — Automatic Trendlines with Snapshots for MT4 & MT5

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$25.00
$25.00
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Draws the high and low trendlines for you, so triangles, channels, wedges and horizontal levels show up on the chart. Save a good shape and keep it as your basis even after the lines are redrawn. MT4 and MT5 versions included.

e-TrendLineSnap finds the swing highs and swing lows on your chart, connects them and draws a high trendline and a low trendline. Automatic trendlines are redrawn whenever a new swing forms, so a triangle you liked yesterday may be a different line today. Save the lines when you see a shape you want to trade, then show the saved line when the price comes near it and check whether the price bounces, stalls and breaks, or comes back and stops there.

Features

  1. Automatic trendlines — one line across the swing highs, one across the swing lows
  2. Touch filter — set the minimum number of touches and the touch distance in pips
  3. Converging lines — the panel shows "converging" when the two lines narrow to the right
  4. Five snapshots — save the lines of a pattern you want to trade; they stay fixed. Show a saved line in sky blue next to the current lines. Kept after MetaTrader restarts
  5. Saved time and age — timeframe, saved time and how long ago (e.g. 8h30m)
  6. Distance panel — distance in pips from the price to each line, with the state: not yet, touching, broken
  7. Notifications — sound, pop-up, e-mail and push when the price touches or breaks a line; check on the live price or on the closed bar
  8. Your time zone — Tokyo, London, New York and 10 more cities, daylight saving included
  9. Movable panel — drag the title to move, click to fold; works on 125% / 150% display scaling

How the lines are found: swing highs (lows) are bars higher (lower) than the bars on both sides. Starting from the newest swing, each one is joined with older swings, and swings close to the line count as touches. The first pair with enough touches is drawn. Lines are extended along the chart's bars, so they stay on the swings across weekends.

What you get (one zip): MT4 indicator + connection EA, MT5 indicator + connection service, PDF manual. The connection EA / service only handles the license check; it never trades.

License: one trading account (real or demo, MT4 or MT5). After purchase, reply to your receipt e-mail with your order number and MT4 or MT5 (no account number needed). We send your license number within 1 business day (Japan time). The license binds to the first account you run it on.

Requirements: MetaTrader 4 or 5 for Windows.

This tool draws trendlines. It is not investment advice and does not guarantee profits. Digital product: no refunds after download.

You will get a ZIP (744KB) file