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Instant Trend Line Filter and Swing Line - Interresting indicators

StaticX

Member
I came across these two interresting indicators, I do not know if they repaint, but they seem to provide some pretty decent analysis.

The instant Trend Line indicator is almost like a MA cross, but it works much better (think of it as an MA Cross on steroids). Basically you just watch for the cross of the red and green lines. Red cross green from above to below - Short, green crosses Red from below - Long

The Swing Line indicator is a MTF indicator and the guys on Forex-TSD seem to use as follows: Place it on the 15 min chart and setup the paramter for time frame to H1 (1 hour)

Cheers
StaticX
 

Attachments

  • Instant Trendline Filter.mq4
    3.2 KB · Views: 10
  • Swing line.mq4
    9.9 KB · Views: 9

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