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Trendlines
 

Alchemy Universal Automatic Trendlines Indicator

 

Our Alchemy Universal Automatic Trendlines inserts down and up trendlines, connecting each new swing high/swing low with the next most recent higher/lower swing high/swing low within the last x number of swing highs/swing lows. It extends each new trendline to the right and sets it's color and alert type. It truncates a down trendline/up trendline on the right when the next new down trendline/up trendline is drawn and it deletes a down trendline/up trendline when the next new down trendline/up trendline is drawn.

1.) It can be applied on any oscillator as specified by its indicator input. The indicator plots the oscillator together with its automatic trendlines.
2.) This indicator can also be used on price in any subgraph of a multiple data series chart.

 
 
 
 
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Alchemy Horizontal Line Indicator

 

Our Alchemy Horizontal Line Indicator plots a horizontal line as specified with an indicator input and it has the option of entering and displaying a custom text label for its corresponding line..

 
 
 
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Read More About

Bar Pattern Analysis

Breakout

Divergence

Engulfment & Reversal

Fibonacci Retracements

Floor Traders Mid Points

Floor Traders Pivot Points

Gap

High Low Mid Points

Intraday Time Zones

MACD Signal Line-%Ds Hook

Multiple Moving Averages Crossover

Open/High/Low/Close

Overbought/Oversold

Rolling Floor Traders Pivot Points

Strong Trend

Support & Resistance Pivot Points

Trailing Stop

Trend Catcher

 

     
Neither TradeStation Technologies nor any of its affiliates has reviewed, certified, endorsed, approved, disapproved
or recommended, and neither does or will review, certify, endorse, approve, disapprove or recommend, any trading
software tool that is designed to be compatible with the TradeStation Open Platform.

 

IMPORTANT INFORMATION:
Government regulations require disclosure of the fact that past performance, whether actual or indicated by historical tests of strategies or indicator methods, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options futures or forex); therefore, you should not invest or risk money that you cannot afford to lose. Any advisory or signal generated by Trading Alchemy indicators or strategies is provided for educational purposes only and any trades placed upon reliance on Trading Alchemy indicators or strategies are taken at your own risk for your own account. Consult your broker or advisor prior to making any investment decisions. The information made available on this Website is not an offer to buy or sell securities, securities derivative, futures products or off-exchange foreign currency (forex) transactions of any kind.  All proprietary technology of Trading Alchemy indicators and strategies is owned by Alchemy Trading Technologies, Inc.

 

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