{"id":11453,"date":"2023-08-23T15:58:08","date_gmt":"2023-08-23T12:28:08","guid":{"rendered":"https:\/\/tradebaman.ir\/?post_type=product&#038;p=11453"},"modified":"2023-08-23T16:03:49","modified_gmt":"2023-08-23T12:33:49","slug":"trendlines-with-breaks-indicator-metatrader-5","status":"publish","type":"product","link":"https:\/\/tradebaman.ir\/en\/product\/trendlines-with-breaks-indicator-metatrader-5\/","title":{"rendered":"Trendlines with Breaks Indicator (Metatrader 5)"},"content":{"rendered":"<div class=\"group w-full text-token-text-primary border-b border-black\/10 dark:border-gray-900\/50 bg-gray-50 dark:bg-[#444654]\">\n<div class=\"flex p-4 gap-4 text-base md:gap-6 md:max-w-2xl lg:max-w-[38rem] xl:max-w-3xl md:py-6 lg:px-0 m-auto\">\n<div class=\"relative flex w-[calc(100%-50px)] flex-col gap-1 md:gap-3 lg:w-[calc(100%-115px)]\">\n<div class=\"flex flex-grow flex-col gap-3\">\n<div class=\"min-h-[20px] flex flex-col items-start gap-3 overflow-x-auto whitespace-pre-wrap break-words\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p>The Trendlines with Breaks indicator available in TradingView has been developed by TradBaMan programmers for Metatrader 4 (MT4).<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p>\u062a\u0648\u0636\u06cc\u062d\u0627\u062a:<\/p>\n<p>To complete our previous work on breakouts with pivot point-based levels, we introduce an indicator returning pivot point based trendlines with highlighted breakouts. Users can control the steepness of the trendlines as well as their slope calculation method.<\/p>\n<p>The indicator also includes integrated alerts for trendlines breakouts.<\/p>\n<p><strong>Settings<\/strong><\/p>\n<ul>\n<li>Length: Pivot points period<\/li>\n<li>Slope: Slope steepness, values greater than 1 return a steeper slope. Using a slope of 0 would be equivalent to obtaining levels.<\/li>\n<li>Slope Calculation Method: Determines how this lope is calculated.<\/li>\n<li>Show Only Confirmed Breakouts: Only shows confirmed breakouts when enabled.<\/li>\n<\/ul>\n<p><strong>Usage<\/strong><\/p>\n<p>Any valid trendlines methodology can be used with the indicator, users can identify breakouts in order to infer future price movements.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/Xb9zTDke\" alt=\"snapshot\" \/><\/p>\n<p>Break labels highlight breakouts and are delayed by\u00a0<em>length<\/em>\u00a0bars (with the exception of breakouts with the dashed trendlines which are not delayed). By default the indicator shows any breakouts, toggling on &#8220;Show Only Confirmed Breakouts&#8221; will allow showing only significant ones. Note that this will not affect breakouts with the dashed trendlines.<\/p>\n<p>The calculation method of the slope greatly affects the trendline&#8217;s behaviors. By default, an average true range is used, returning a consistent slope amongst trendlines. Other methods might return trendlines with significantly different slopes.<\/p>\n<p><em>Stdev<\/em>\u00a0makes use of the standard deviation for the slope calculation, while\u00a0<em>Linreg<\/em>\u00a0makes use of the slope of a linear regression.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/wuwoZqW7\" alt=\"snapshot\" \/><\/p>\n<p>The above chart shows the indicator using &#8220;Stdev&#8221; as a slope calculation method. The chart below makes use of the &#8220;Linreg&#8221; method.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/PwugXvQ7\" alt=\"snapshot\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Trendlines with Breaks indicator available in TradingView has been developed by TradBaMan programmers for Metatrader 4 (MT4). &nbsp; \u062a\u0648\u0636\u06cc\u062d\u0627\u062a: To complete our previous work on breakouts with pivot point-based levels, we introduce an indicator returning pivot point based trendlines with highlighted breakouts. Users can control the steepness of the trendlines as well as their&#8230;<\/p>\n","protected":false},"featured_media":10976,"comment_status":"open","ping_status":"closed","template":"","meta":[],"product_cat":[],"product_tag":[150,149,189],"class_list":["post-11453","product","type-product","status-publish","has-post-thumbnail","product_tag-indicator","product_tag-metatrader","product_tag-mt5","first","instock","sale","downloadable","virtual","purchasable","product-type-simple"],"acf":[],"_links":{"self":[{"href":"https:\/\/tradebaman.ir\/en\/wp-json\/wp\/v2\/product\/11453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebaman.ir\/en\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/tradebaman.ir\/en\/wp-json\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebaman.ir\/en\/wp-json\/wp\/v2\/comments?post=11453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebaman.ir\/en\/wp-json\/wp\/v2\/media\/10976"}],"wp:attachment":[{"href":"https:\/\/tradebaman.ir\/en\/wp-json\/wp\/v2\/media?parent=11453"}],"wp:term":[{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/tradebaman.ir\/en\/wp-json\/wp\/v2\/product_cat?post=11453"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/tradebaman.ir\/en\/wp-json\/wp\/v2\/product_tag?post=11453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}