Automatic trendlines, channels, ranges and gaps — with alerts on breaks
The Patterns window has a new Trendlines section. It draws support and resistance lines through three or more swings, channels, sideways ranges and open gaps on its own, can overlay a higher timeframe's lines, turns any of them into editable drawings, and sets server alerts on breaks that work with the terminal closed.
Lines the terminal draws for you
Open Patterns and you'll find a new Trendlines section. It finds and draws, across the whole history:
- Trend lines — support and resistance through three or more swing points, at small, medium or large swing sizes, on wicks or candle bodies;
- Channels — a trend line plus a parallel through the opposite swings, ascending, descending or horizontal;
- Range boxes — sideways stretches where closes stay inside a band;
- Gaps — breakaway, runaway, exhaustion and island-reversal gaps, kept on the chart until they are filled.
Choose how many lines per side to show and whether to keep broken ones on the chart.
Higher timeframes and your own drawings
- Higher TF lines draws a higher timeframe's trend lines over your chart, dashed and tagged with their timeframe — pick one or leave it on Auto.
- Pin lines turns the auto lines in view, channel rails and higher-timeframe lines included, into regular drawings you can move, restyle and keep.
Alerts on breaks, 24/7
Alert on breaks… creates a server alert for the symbol and timeframe with your Trendlines settings. On every closed bar our server finds the lines the same way and tells you about a line break or a range breakout — and line touches, if you pick them — with the terminal closed. In the alert list it appears as Auto trendlines.
The Patterns window can also be collapsed now, like the module panels. Open it in the terminal.
