LonesomeTheBlue

Trend Lines for RSI, CCI, Momentum, OBV

Hello Traders!

After publishing Trend Lines for RSI yesterday, I realized that Trend Lines for more indicators needed by the traders. so I decided to make it for four different indicators: RSI, CCI , OBV, Momentum

In the indicator options you can choose the indicator from pull-down menu.


How it works?

- On each bar it finds last 10 higher and lower Pivot Points ( PP ) for the indicator.
- from first bar to 10. Pivot Point it searchs if a trend line is possible
- for each PP it starts searching from the last PP .
- it checks if drawing a trend line possible or not and also it's broken or not
- if it's broken then optionally it shows broken trend lines as dotted (or you can option not to see broken lines)
- if it finds a continues trend line then it stops searhing more and draw trend line , this is done by checking angles (I did this to make the script faster, otherwise you may get error because of it needs time more than .2sec)
- the script makes this process for each PP
- then shows the trend lines


P.S. it may need 3-10 seconds when you added the script to the chart at first (because of calculations)


Trend lines for CCI:


Trend Lines for OBV



Trend Lines for Momentum:


You may want to watch how Trend Lines script works
(that was made for RSI )
https://s3.tradingview.com/d/dxBXxzE5_bi...


If you still didn't see Trend Lines v2 then visit:


All Comments are welcome..


Enjoy!
Informacje o Wersji: Added "Show EMA line" option, default EMA length = 9. it adds EMA line for the selected indicator. you can change the EMA Length.
Informacje o Wersji: After I saw some people copy/paste this script and sell, I decided to make it lighter.

for "Trend Lines Pro for Indicators" script please visit following page:
Skrypt open-source

Zgodnie z prawdziwym duchem TradingView, autor tego skryptu opublikował go jako open-source, aby traderzy mogli go zrozumieć i zweryfikować. Brawo dla autora! Możesz używać go za darmo, ale ponowne wykorzystanie tego kodu w publikacji jest regulowane przez Dobre Praktyki. Możesz go dodać do ulubionych, żeby używać go na wykresie.

Chcesz użyć tego skryptu na wykresie?
If you find my works useful, please consider a donation
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Komentarze

Excelente work.

Thanls for share!

If you can add divergences lines, this script will se the most complete and useful rsi!
+7 Odpowiedz
As always, amazing work my friend. If i is possible, it would be great to have the option to add an ema signal line to the chart that would be helpful gor rsi and OBV. Perhaps we could have the option to select what lenght ema to choose as a the signal. Cheers
+5 Odpowiedz
@NetoDav, you are one of my followers for long time, right? sure I will add ema line as an option ;)
+5 Odpowiedz
What is Hlines and abbreviation for?
+2 Odpowiedz
@RiverDeep, hline is a virtual line to analyse trend line continues or was broken ;)
Odpowiedz
RiverDeep LonesomeTheBlue
Odpowiedz
RiverDeep RiverDeep
@RiverDeep, I just watched it play out right now, nice.
Odpowiedz
Süper Olmuş eline Sağlık
+2 Odpowiedz
@MohegaN, Thank you
Odpowiedz
One of the Finest Pinecoders..Marvelous Masterpiece
+1 Odpowiedz
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