trend line failure
I want to create a trend line failure strategy in algowizard.
Like a photo without someone using a ready-made indicator can anyone help?
this is purely a discretionary approach. Very hard to achieve any form of automation unless you have some cool indicator that can draw trend lines for you. Such could be setup in AlgoWizard
There are auto support resistance and trendline indicators in Trading view platform a lot of open source. All written in Pine code though. The logic in how they are made is by finding pivot points or finding highest bars and lowest bars. These are stored into an array with a lookback function. Not sure if algo wizard supports arrays.
Thomas John Can you convert this indicator to a Java file? I did not do anything to import in algowizard, this is an automatic trendline indicator
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