Analysis Techniques & Strategies

Trendline SE (Strategy)

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Input Information

Name Type Default Description
TLRef Numeric 1 Specifies the reference number of a trendline on which you want to base your short entry.

Usage

Long entry based on a specified trendline drawn in the current data window.

Description

This strategy establishes a short position when the bar low penetrates under a previously drawn trendline. By changing the location of the trendline you can change the entry price for subsequent orders.

Related Strategy: Trendline LE