Automated Trendlines indicator is a forex trading software indicator. This Automated Trendlines indicator can be used with any forex trading strategy. This indicator can also be used with any currency pair that are used in the forex market.
Automated Trendlines indicator
This indicator is basically used to know about the trend up and the trend low line in the market trading on the indicators chart. This indicator tells about the trend up line and also then the trend down line. This indicator not only tells but also maps these lines on the indicators chart.
Manual or Automated and working
As the name tells automated so as we know that there are two methods of doing work in the field of trading the one is manually and the second is dynamically or automated. The up-trend line in this indicator is connected with the lowest lows and the low trend line in this indicator is connected with the highest highs on the indicator chart.
The traders can use this Automated Trendlines indicator in more than one window. This indicator can also be used for any time frame there are no limitations in the usage of the time frames. This all depends on the requirement of the traders.