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Trendline Formula

Trendline Formula

Trough(1,L,10) + ((((Trough(1,L,10)-Trough(2,L,10)) /
(TroughBars(2,L,10)-TroughBars(1,L,10))) * TroughBars(1,L,10)))

 

This formula will draw a trendline from the most recent bottom.
The L (low) can be changed to C (close) and the 10 can be changed to a different percent value.
You will also need to change the line style to the last one in thedrop down list.
Source / From: TOP
http://www.paritech.com

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