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Trend Lines rising/falling?

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    Trend Lines rising/falling?

    I am trying to use Trend Lines in the Strategy Builder whereas if it reads the trend is rising or falling. However, as one can see by this error message https://www.screencast.com/t/67adOimrVJjQ the strategy builder requires a different expression. This seems pretty straight forward to me. What I am I missing?

    #2
    Hello Dolfan,

    Thanks for your post.

    The error message is advising that the selections made are invalid, in that case, you are comparing a double value (the current bar value of the Trendlines) to a bool type question (Is it rising)

    There are a couple of ways to accomplish your goal in the strategy builder.

    You can create a condition where the trendlines indicator current bar is greater than the previous bar of the trendlines indicator.

    You can select Misc>Rising and select the Trendlines indicator, equals, Misc>true

    I've added a couple of condition screenshots to help:

    Click image for larger version

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    Click image for larger version

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      #3
      Thanks Paul. I still find the indicator a bit mystifying. For example, I placed 10 Trend Lines indicators on one chart and they are illustrating things that are not well defined, at least not to me. If I place 1 Trend Line on a chart, how do I dictate in the settings how much time is used to calculate the trend?

      Comment


        #4
        Hello Dolfan,

        Thanks for your reply.

        Like the Swing indicator, the Trendlines indicator uses a strength setting that relates to the number of bars before/after a swing point to confirm, in this case, a trendline.

        I would suggest testing various strength settings. To further illustrate, add the swing indicator with the same strength setting on the same chart.

        Reference: https://ninjatrader.com/support/help...rend-lines.htm

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