AUTO TRENDLINE Trading Guide

The Auto Trendline indicator automatically maps out the current market structure by actively drawing dynamic Support and Resistance trendlines based on pivot point analysis, eliminating the need for manual chart drawing.

What does the indicator show?

• Active Support / Resistance Lines: Solid upper (red) and lower (green) lines extending forward from the two most recent, confirmed structural pivot points.
• Construction Lines: Optional historical dashed lines showing exactly which past pivot highs and lows are being connected to calculate the current projections.
• Breakout Labels: Small "B" (Buy) and "S" (Sell) markers drawn on the chart the exact moment a candle cleanly breaks outside of the projected structural boundaries.

Key Settings

• Pivot Lookback: The number of bars required on the left and right sides of a price peak to confirm a structural pivot. Higher values find macro structure, lower values catch micro swings.
• Show Construction Lines: A visual toggle to show or hide the historical dashed lines connecting the anchor points.

How to use Strategy Parameters (Condition Source)

Within the Strategy Tester module, you can leverage the data from this indicator to create powerful logical conditions for trade entries and exits.

1. Structural Breakouts

The indicator provides instant boolean triggers when strict breakout criteria are met.

• Breaks Resistance Up — Fires a True (1) signal precisely when the closing price crosses above the active upper resistance line.
• Breaks Support Down — Fires a True (1) signal precisely when the closing price crosses below the active lower support line.
• Resistance Line / Support Line — The raw numerical values of the lines, allowing you to use offset logic (e.g., checking if price is within 1% of the support line).

Strategy Example: A breakout strategy can trigger a Long entry exclusively when Breaks Resistance Up is_true and overall volume is increasing.