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Apprentice wrote:Perfect Trend Line with Alert.lua added.
I' m not sure, whether the indicator works as it should. Per definition, in uptrend the support red trendline should switch to resistance when the new low of a candle is lower than the previous three lows and the green trendline should switch to resistance when the new low is lower than the previous 7 lows. I saw examples on my charts where the indicator did not work in this way.