Auto-Line With Drift — Indicator by alexgrover

trendanalysis auto-line filter line trend average

A variation on the Auto-Line indicator, we allow it to get closer to the price thanks to a drift, this also allow the line to be more directional .

This indicator can be used with moving averages using crosses as signals or as a band indicator by ploting a + dev as the upper band and a - dev as the lower one.

For any help or suggestions feel free to send a message :)

Check out the indicators we are making at luxalgo: www.tradingview.com/u/LuxAlgo/

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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