Trade On Trend Lines

The Trade On Trend Lines safety allows the user to draw a line on the market chart. The bot will use this line to generate signals.

The "Close Above" trigger type will generate signals when the candle closes above the trendline. This is commonly used in conjunction with a sell signal as is seen below.

The "Close Below" trigger type will generate signals when the candle closes below the trendline. Generally used in conjunction with a buy signal as is seen here.

Produces any signal

Supported license & Trade types

Supported License

Supported Trade Types

Beginner license

Spot trading

Simple license

Margin trading

Advanced license

Leverage trading

Settings

Price Source Market - Trigger Type - When to take action. E.g. Above or below the trendline Trigger Action - What action to take. E.g. Buy or sell Interval

  • Trigger Type

    • When to action, has the price moved above or below the line

  • Trigger Action

    • What type of action to take buy (long) or sell (short)

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