Auto TrendLines Indicator for MT5 Download –Free– [TFlab]

The Auto TrendLines Indicator MT5 automatically draws ascending and descending trendlines on the chart, removing the need for manual trendline construction and reducing subjective analysis.
By scanning price action for major swing highs and swing lows, the indicator transforms market fluctuations into structured trendlines. This makes it easier to determine the dominant trend direction and identify zones where price is likely to respond.


You can download it from this link:
https://cdn.tradingfinder.com/file/5...5-by-tflab.zip

You can also access the MetaTrader 4 version of this Indicator through this page:
https://www.metalsmine.com/thread/13...r-for-mt4-free

For instructions on how to install:
https://www.forexfactory.com/thread/...-in-metatrader

Prop Firm DrawDown Protector : Prop Firm Capital Protection Expert MT5 |Forex Money Management: Forex Trade Management Expert MT5 | ICT Concepts Indicator MT5 |Smart Money Concepts Expert MT5 | Smart Money Trap Scanner | Get a free Expert Advisor license via Telegram and WhatsApp


Specifications of Auto TrendLines Indicator

 

1. Categories
   1. Support & Resistance MT5 Indicators
   2. Signal & Forecast MT5 Indicators
   3. Levels MT5 Indicators

2. Platform
   1. MetaTrader 5 (MT5)

3. Skill Level
   1. Elementary

4. Indicator Type
   1. Breakout Indicators
   2. Reversal Indicators

5. Timeframes
   1. Multi-Timeframe

6. Trading Styles
   1. Swing Trading
   2. Scalping
   3. Day Trading

7. Supported Markets
   1. Forex
   2. Cryptocurrency
   3. Stocks
   4. Commodities
   5. Indices
   6. Share Stocks
      
      

Auto TrendLines Indicator Overview

This indicator generates two primary trendline structures automatically:

1. Bullish support trendlines displayed in blue
2. Bearish resistance trendlines displayed in red

Beyond visual trend identification, the indicator can also trigger buy and sell signals when price interacts with these lines. Signals may appear when price:

1. touches the trendline,
2. pulls back to the trendline,
3. or breaks through the trendline.

These signals are designed to align with the current trend environment and support more organized trade execution.


Buy Signal

In bullish conditions, price frequently retraces toward an ascending trendline. When the market returns to this support line and shows a reaction, the indicator detects the setup and produces a buy alert.

Buy signals are commonly displayed through:

1. Blue arrows
2. optional alert notifications (based on user settings)

This feature helps traders identify pullback opportunities without manually drawing support levels.


Sell Signal

In bearish trends, price often moves back toward a descending trendline that acts as resistance. When price reaches this zone and reacts, the indicator identifies the setup and issues a sell signal.

Sell signals are typically presented using:

1. Red arrows
2. optional alert notifications

This allows traders to detect trend continuation entries with clearer structure and reduced manual effort.


Auto TrendLines Indicator Settings

The indicator provides several adjustable parameters that control trendline detection, chart display, and alert delivery.

Core Trendline Parameters

1. PivotPeriod: Determines the pivot calculation length used to detect swing points
2. Lines: Defines how many trendlines will be shown
3. ShiftLastPivot: Modifies the position of the most recent pivot point
4. HistoryLimit: Sets the maximum number of historical candles analyzed
5. ExtendLines: Extends trendlines forward across the chart for projection

Visual Display Options

1. ShowArrows: Enables signal arrows on the chart
2. UpTrendColor: Adjusts the color of bullish trendlines
3. DownTrendColor: Adjusts the color of bearish trendlines
4. TrendlineWidth: Controls the thickness of the trendlines

Alert and Notification Settings

1. ShowAlerts: Turns alerts on or off
2. EmailAlert: Sends signals to email
3. NOTIFICATION: Sends push notifications to the device or MT5 platform
4. MESSAGE_TIMEOUT: Defines how long the alert message stays visible
5. MESSAGE_SUBJECT: Sets the title of alert messages
   
   

Conclusion

The Auto TrendLines Indicator for MT5 is a practical trend-analysis tool that automatically builds support and resistance trendlines using pivot-point recognition.
By drawing trendlines and generating alerts when price retraces or breaks these levels, the indicator helps traders:

1. identify trend direction more quickly,
2. spot high-probability reaction zones,
3. improve breakout and pullback strategies,
4. and reduce time spent on manual chart work.

This indicator is suitable for trendline-based trading across multiple markets and timeframes, including Forex, crypto, indices, and commodities.