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Improved 3 touches Trendline recognition

2022-10-17

We have added a new option to the 3 touches trendline recognition setting in the True Trendline indicator.


With the default setting of the 3 touches trendline recognition, True Trendline indicator can check all possible inner trendlines. If it finds a trendline with 3 touches then it marks the original trendline as 3 touches trendline. With the "precise" setting, True Trendline indicator doesn't check the possible inner trendlines and marks only the clearly visible 3 touches trendlines. This results in less, but stronger 3 touches trendlines.



3-touches

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