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!
リリースノート: Added "Show EMA line" option, default EMA length = 9. it adds EMA line for the selected indicator. you can change the EMA Length.
リリースノート: 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:
リリースノート: updated
リリースノート: updated
オープンソーススクリプト

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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