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Arps Automatic Trendline Tool

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Availability: In stock

Our Price: $349.95
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Our Price: $349.95

This newly released tool automatically identifies and draws a down-trendline from the most recent peak to the next highest peak and projects it to the current bar; and it does the same for up-trendlines as well. It uses the highs and lows to identify the peaks and troughs which define these trendlines. If the price crosses below the up-trendline or above the down-trendline then a break-out dot is plotted at the trendline value of that bar marked by a “BO”.

Furthermore, if the price then reverses across that trendline (identifying a failed test of that trendline) then a pullback dot is plotted which is marked with “PB”. If the last peak is the highest high or lowest low on the chart, then the trendline is considered to be horizontal at that point. There is a sensitivity input which helps define the magnitude of the swings used to identify the trendlines. There is also a built-in breakout filter which helps to only identify the breakout signals with the strongest possibility of follow through.


Also included is a FREE RadarScreen version of this tool which uses a color code of the cells to identify the type of trendline cross, and plots the values of Bars Ago and Pct Chg. It also displays the values of the current trendlines. The type of signal is identified by the color of the plot.


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Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Full Risk Disclosure

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