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Improved 3 touches Trendline recognition


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.


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Speculative trading in the foreign exchange market is a challenging prospect with above average risk. You must therefore carefully consider your investment objectives, level of experience and appetite for such risk prior to entering this market. Most importantly, do not invest money that you are not in a position to lose.

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