Category Indicators and EA’s

Trendlinebreak Alert Indicator

Ever experienced seeing a trendline break after consolidation. You been watching and waiting for that break that you knew was coming but because you were side tracked by something you had to do. By the time you come back to check the trend you already missed that crucial break. Because in all honesty it is not possible to watch every currency pair for that crucial break.

As you can see in the above image the market took a breather after a downward trend and consolidated. You the need a tool to draw the two lines to border the consolidation trend and give you a signal once there is a break in the trend as depicted in the below image.

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