Trendlines, Support, Resistance and Fibonacci With AlertsHello Traders :)
I am Only Fibonacci.
I would like to give you detailed information about this indicator that I have prepared.
Within this indicator, you can see falling trends, rising trends, support and resistance, as well as Fibonacci levels.
I've prepared a few extra nice things for you. With this indicator, you can see the instant values of the active trend lines and their distance from the price. In my opinion, one of the best aspects of this indicator is that it can set alarms for automatically drawn trends. You can add alarms for both downtrend and uptrend.
The alarm is triggered at the break of the trend closest to the price.
Note: I do not recommend adding an alarm without thoroughly using the indicator.
We are now ready to introduce.
You can use this indicator in two languages. English and Turkish. The choice is yours.
When we enter the indicator settings, there is a group under the TREND heading. With the settings in this group, you can determine the sensitivity of the trends to be plotted. The lower the sensitivity, the less reliable the plotted trends will be. I am sure you will find the middle ground.
Trends are calculated by relationships between all detected peaks.
If you check the Show Data box, you can see the value of the active ( unbroken ) trends in the current candle. Sometimes it can create visual pollution. So you can remove it. Below will be a version view where the values of the trendlines are not visible.
If you don't want to see the trends on the chart at all, uncheck the Show Trends box.
One of our subtitles is Fibonacci.
When you enter the number of bars that need to be checked backwards, it finds the highest and lowest levels in the past bars, and automatically draws fibonacci levels on the screen with a beautiful visual.
If you don't want to see Fibonacci on your chart, you can uncheck the Fibonacci Show box.
Our last topic is support and resistances.
We need a certain sensitivity setting to see support and resistance on the chart. The sensitivity setting will provide you with more realistic data. I am sure that you can adjust the correct settings in this regard as well. If you don't want to see any or both support or resistance on the chart, you can uncheck the Show Resistance or Show Support boxes.
Alarm
Active downtrends and rising trends are kept on the chart. If you want to be notified on the falling trend break closest to the price, you should choose DownTrend Breakdown.
If you want to be notified on the breakout of the rising trend closest to the price, you should choose UpTrend Breakdown.
Visuality
Downtrends are covered by a filled line between the two points. It continues with a dashed line from the second peak to the active candle. When the trend is broken, it disappears. It is red in color.
Uptrends are covered by a filled line between the two points. It continues with a dashed line from the second bottom to the active candle. When the trend is broken, it disappears. It is green in color.
The resistances are determined to cover the entire wick from the starting point to the active candle. It is red in color. It disappears when the resistance is broken.
Supports are determined to cover the entire wick from the starting point to the active candle. It is green in color. It disappears when the support is broken.
Use the link below to access this indicator.
OnlyChannel - Trend and Channel DetectorHello Traders. :) I am Only Fibonacci.
This indicator I shared will create more meaningful channel lines for you. Suppositories were overused and logically manipulated.
What does it do?
In this script, both falling and ascending channels can be drawn on the hills. At the same time, both falling and rising channels can be drawn at the bottom levels.
When controlled simultaneously with momentum indicators, it helps us a lot in the mismatch detection phase.
Use
In the settings of this tool, you can enter sensitivity data about the detection of pivot points.
At the same time, you can write how many you want to appear for each kind of channel and how many channels you want to appear in the last few bars.
Highlights
You can enter the number of violations of the channel. In this way, even if the channel is broken 3 times, for example, it does not disappear. This number is up to you.
At the same time, you can continue to see the channel with the option of how many more bars this channel will appear after the channel violation rules are fulfilled. In this way, you can catch logical return points.
Visuality
You can adjust the color of each channel and the color of the line in the middle. TRENDCATOR - Trend Of IndicatorsHello Traders :)
I am Only Fibonacci.
I would like to give you detailed information about this indicator that I have prepared.
With this tool you add to your chart, you can automatically draw the falling trend and rising trend lines of many indicators.
I've prepared a few extra nice things for you. With this indicator, you can see the instantaneous values of active trend lines and their distance from the indicator value.
We are now ready to introduce.
You can use this indicator in two languages. English and Turkish. The choice is yours.
When we enter the indicator settings, there is a group under the TREND heading. With the settings in this group, you can determine the sensitivity of the trends to be plotted. The lower the sensitivity, the less reliable the plotted trends will be. I am sure you will find the middle ground.
Trends are calculated by relationships between all detected peaks.
If you check the Show Data box, you can see the value of the active (unbroken) trends in the current candle. Sometimes it can create visual pollution. So you can remove it. Below will be a version view where the values of the trendlines are visible.
With this tool, you can add any indicator you choose from the settings section to the chart and draw the trend lines automatically.
You can add RSI, ATR, CCI, MFI, MOM and various moving averages to your chart and draw a trend line. Below will be an image of the Momentum indicator.
You can edit the following from the settings section of this tool:
The language you will use, EN-TR
Colors of trend texts
Trend sensitivity
Thickness and colors of downtrend and rising trendlines
Hide and show trends
Hide and show trend values
Changing the background and text color of the box where the indicator name appears
Determining the source of the selected indicator
Determining the period of the selected indicator
Determine the color of the line of the selected indicator
Note: If the period value is not used in the calculation formula of the indicator you selected, the period selected in the settings will not be included in the calculations.
Note 2: If the source value is not used in the calculation formula of the indicator you have chosen, the source value selected in the settings will not be used.
Broken, inactive trend lines disappear. Multi-Pattern Formation DetectorMulti-Pattern Formation Detector is an overlay indicator for Pine Script® v6 that automatically detects and draws classical chart formations using a touch-based approach. Instead of fitting lines to arbitrary points, the script identifies confirmed swing highs and lows, then searches for trend boundaries that price has repeatedly touched while respecting strict tolerance and violation rules.
This tool is designed to help traders visualize structure on the chart — trend direction, consolidation zones, and potential breakout levels — without manually drawing every line. You choose which formation families to enable; the indicator handles detection, labeling, optional history, alerts, and a side formation table.
Disclaimer
This indicator is provided for educational and analytical purposes only. It does not constitute investment advice, a trading recommendation, or a guarantee of future results. All trading involves risk. Past pattern behavior does not predict future price movement. Always perform your own analysis and risk management before making any financial decision.
What makes OnlyTrend Touch different?
Touch-validated boundaries — Lines must be supported by multiple swing touches within an ATR-based tolerance, not just two visually picked pivots.
Violation filtering — Price closes that pierce a boundary beyond tolerance can invalidate a candidate line, with a configurable grace zone near the current bar.
Multi-formation engine — Enable only what you need: Trend Lines, Channel, Triangle, Wedge, Flag, Pennant, and/or Support & Resistance.
Strict classic pattern rules — Triangles and wedges use convergence, touch spread, containment, and optional two-half touch requirements to reduce random shapes.
Active + historical view — See the current best formation plus optional past patterns within a lookback window.
Formation table — A sortable side table lists detected formations with start date, end date, and Active/Past status.
Granular alerts — Separate toggles for formation activation and boundary break events.
Why invite-only access?
Many free tools draw a trend line between two pivots or label every triangle-like shape on the chart. OnlyTrend Touch goes further: it runs a unified touch-validation engine across seven formation families, scores competing candidates, and keeps only boundaries that survive multi-touch, violation, convergence, and containment tests.
One indicator, full structure toolkit — Trend lines, parallel channels, classic triangles, wedges, flags, pennants, and pivot S/R in a single overlay, sharing the same swing and tolerance logic.
Quality over quantity — Triangles and wedges require minimum touch spread, price containment (default 95%), optional touches in both halves of the pattern, and zero tolerance for pattern violations by default. This filters out most random wedge/triangle shapes.
Scored best-fit selection — When several valid candidates exist, the script picks the highest-scoring formation per type instead of drawing the first geometric match.
Active + historical workflow — Review the current pattern, scan past formations inside a lookback window, and track them in a dated side table — without switching indicators.
Production-ready alerts — Separate activation and breakout alerts for every formation type, configurable from inputs.
Protected, maintained release — Source code is invite-only to protect the custom detection logic. Access supports a maintained tool with documented settings and ongoing updates, not an unsupported copy.
If you only need a single manual trend line, a basic built-in tool may be enough. OnlyTrend Touch is built for traders who want automated, rule-based classical pattern detection with strict validation and multi-pattern coverage on one chart.
Supported formations
Trend Lines — Up trend (support through swing lows) and down trend (resistance through swing highs). Solid segment shows the fitted zone; dashed segment extends to the current bar.
Parallel Channels — Ascending, Descending, or Horizontal channels built from a base trend line plus a parallel opposite boundary. Named automatically from slope.
Classic Triangles — Ascending, Descending, and Symmetrical. Filter by type or search all. Optional apex marker.
Wedges — Rising Wedge (both boundaries slope up; lower is steeper) and Falling Wedge (both slope down; upper is steeper). Filter by type or search all.
Flags — Bull/Bear flag: impulse pole + parallel consolidation channel.
Pennants — Bull/Bear pennant: impulse pole + converging consolidation (triangle-like).
Support & Resistance — Unbroken pivot highs (resistance) and pivot lows (support) drawn as horizontal levels.
Visual examples
Down trend line and ascending channel on US100:
Descending channel and ascending channel on XU100:
Descending triangle on POLHO:
Support and resistance levels on XU100:
How to use
Add the indicator to your chart. It runs as an overlay on price.
In Formation, enable the pattern types you want to scan. Leave unused types off for faster loading.
Adjust Swing Points and Touch Fitting to match your symbol and timeframe.
Open the style group for each enabled formation (Trend, Channel, Triangle, etc.) to customize colors, fills, labels, and strictness.
Use Display to toggle historical drawings and the formation table.
Enable desired Alerts checkboxes, then create a TradingView alert on the indicator and pick the matching condition.
Recommended starting workflow
Begin with Trend Lines only. Set Pivot Sensitivity to 10 and review touch markers.
Add Channel or Triangle one at a time. Heavy multi-pattern scans are more CPU-intensive.
If patterns feel too loose, increase Min Touches, Min Price Containment %, or reduce Max Violations.
If patterns are missing, slightly increase Touch Tolerance (ATR x) or decrease Pivot Sensitivity.
Disable Show History on lower timeframes or long lookbacks if chart refresh feels slow.
Settings reference
Formation
Multi-select checkboxes — only enabled types are calculated and drawn.
Trend Lines — Up/down trend line detection.
Channel — Parallel price channel detection.
Triangle — Classic triangle patterns.
Wedge — Rising and falling wedge patterns.
Flag — Bull and bear flag patterns.
Pennant — Bull and bear pennant patterns.
S/R — Unbroken pivot support and resistance levels.
Swing Points
Pivot Sensitivity (2–30, default 10) — Bars left and right required to confirm a swing high or low. Higher = fewer, more significant swings. Lower = more swings, more candidates.
Max Swings (4–20, default 12) — How many recent swing points are kept for line fitting.
Touch Fitting
Shared tolerances used across trend, channel, triangle, wedge, flag, pennant, and S/R logic.
ATR Period (default 14) — ATR length for tolerance scaling.
Touch Tolerance (ATR x) (0.05–2.0, default 0.1) — Maximum distance between a swing and a boundary to count as a touch.
Violation Tolerance (ATR x) (0–2.0, default 0.15) — How far price may pierce a boundary before counting as a violation.
Min Touches (2–15, default 2) — Minimum swing touches required to validate a single trend boundary.
Min Bar Span (2–100, default 8) — Minimum horizontal distance between the two anchor pivots of a line.
Max Violations (0–20, default 1) — Maximum tolerated boundary violations along a line's life.
Break Distance (0–20, default 5) — Violations within the last N bars do not invalidate a line (keeps active boundaries stable near price).
Trend Lines
Down Trend / Up Trend — Toggle each direction independently.
Show Touches — Mark confirmed touch points on the line.
Show Labels — Display live price, touch count, and distance % at the extended line.
Down Color / Up Color — Line and marker colors.
Down Width / Up Width — Line thickness (1–5).
Down trends connect swing highs with descending resistance. Up trends connect swing lows with ascending support. When other formations are enabled, trend breakout markers are suppressed to reduce chart clutter.
Channel
Flat Slope (ATR/bar) (default 0.02) — Slopes below this threshold classify the channel as horizontal.
Show Fill / Show Touches / Show Label — Visual options for the active channel.
Upper Color / Lower Color / Fill Color — Channel styling.
Line Width (1–5).
Base Trend Candidates (2–10, default 6) — Number of base trend lines tested before building the parallel boundary. Higher = more thorough search, slower performance.
Channel types detected: Ascending Channel, Descending Channel, Horizontal Channel.
Triangle
Min Convergence % (1–50, default 5) — Required width reduction from pattern start to end.
Min Touch Spread % (10–80, default 25) — Each boundary's touches must span at least this percentage of the pattern width.
Touches in Both Halves (default on) — Each boundary must register touches in both the left and right half of the pattern.
Triangle Type — All, Ascending, Descending, or Symmetrical.
Show Fill / Show Touches / Show Label / Show Apex — Visual options.
Upper Color / Lower Color / Fill Color / Line Width — Styling.
Boundary Candidates (2–10, default 6) — Top candidate lines per side in the pair search.
Flat Slope (ATR/bar) (default 0.008) — Stricter horizontal threshold for ascending/descending triangle flat sides.
Min Touches / Boundary (2–10, default 3) — Minimum touches on each triangle boundary.
Min Price Containment % (70–100, default 95) — Minimum share of pattern bars where price stays inside both boundaries.
Max Pattern Violations (0–20, default 0) — Maximum bars that may trade outside the triangle during the pattern.
Ascending Triangle — Flat upper boundary + rising lower boundary.
Descending Triangle — Flat lower boundary + falling upper boundary.
Symmetrical Triangle — Both boundaries converge with opposing slopes.
Wedge
Min Convergence % (default 5) — Required narrowing between boundaries.
Min Touch Spread % (default 25) — Touch distribution requirement per boundary.
Touches in Both Halves (default on).
Wedge Type — All, Rising, or Falling.
Min Slope (ATR/bar) (default 0.006) — Both boundaries must slope meaningfully in the wedge direction.
Min Touches / Boundary (default 3).
Min Price Containment % (default 95).
Max Pattern Violations (default 0).
Show Fill / Show Touches / Show Label / Show Apex — Visual options.
Upper Color / Lower Color / Fill Color / Line Width — Styling.
Boundary Candidates (2–10, default 6).
Rising Wedge — Both boundaries slope upward; the lower line is steeper (converging upward).
Falling Wedge — Both boundaries slope downward; the upper line is steeper (converging downward).
Flag & Pennant
Min Pole Bars / Max Pole Bars (default 6 / 20) — Impulse leg length limits.
Min Consol. Bars / Max Consol. Bars (default 5 / 18) — Consolidation length after the pole.
Min Touch Span (default 3) — Minimum bar span for consolidation trend lines.
Pole Size (ATR x) (default 2.5) — Minimum impulse move relative to ATR.
Max Consol / Pole % (default 60) — Consolidation height must be smaller than this percentage of pole height.
Pennant Min Conv. % (default 3) — Minimum convergence for pennant consolidation.
Show Fill / Show Label / Show Touches — Visual options.
Pole Color / Upper Color / Lower Color / Fill Color / Line Width — Styling.
Consol. Candidates (2–8, default 4) — Consolidation boundary candidates.
Flag — Parallel consolidation channel after a sharp pole (continuation pattern).
Pennant — Small converging triangle after a sharp pole (continuation pattern).
Support / Resistance
Resistance / Support — Toggle each side.
Show Labels — Price labels on levels.
Max Levels (1–20, default 10) — Maximum unbroken pivot levels drawn per side.
Resistance Color / Support Color — Level styling.
Levels are drawn from recent pivot highs/lows that have not been meaningfully broken (close beyond level ± violation tolerance).
Breakouts
Show Breakout Markers — Visual markers when price closes through an active boundary. Trend-line break markers are hidden when channel, triangle, wedge, flag, or pennant modules are active to keep the chart readable.
Alerts
Two alert layers are available:
State alerts — Fire when a formation becomes active (e.g. "Up Trend Active", "Triangle Active").
Breakout alerts — Fire on boundary breaks (e.g. "Channel Upper Break", "Triangle Lower Break", "Resistance Break").
Enable the corresponding checkbox in the Alerts input group, then create a TradingView alert on this indicator and select the matching alertcondition title from the dropdown.
Available alert toggles:
Up Trend Active / Down Trend Active
Channel Active / Triangle Active / Wedge Active
Flag Active / Pennant Active / S/R Active
Up Trend Break ↓ / Down Trend Break ↑
Channel Upper Break ↑ / Channel Lower Break ↓
Triangle Upper Break ↑ / Triangle Lower Break ↓
Wedge Upper Break ↑ / Wedge Lower Break ↓
Flag Break (trend dir) / Pennant Break (trend dir)
Resistance Break ↑ / Support Break ↓
Display
Show History (default on) — Draw past formations found within the lookback window (faded style). Historical scan runs on the last bar.
History Lookback (50–5000, default 400) — Bars scanned backward for completed patterns.
Max History (1–15, default 5) — Maximum number of historical formations drawn per type.
History Scan Step (5–50, default 20) — Step size when scanning for past pattern end points. Larger = faster scan, coarser history.
Formation Table (default on) — Side table with columns: #, Formation, Start, End, Status (Active/Past).
Table Position — top_right, top_left, bottom_right, bottom_left, middle_right.
Max Table Rows (3–50, default 25).
Text Color / Table Background / Table Header — Table styling.
Performance notes
Pattern search (channel, triangle, wedge, flag, pennant) runs on the last bar only and is cached — this keeps replay smooth but may take a moment when the chart first loads.
Enable only the formation types you actively use.
Reduce History Lookback, Max History, or increase History Scan Step if refresh feels slow.
Lower Boundary Candidates / Base Trend Candidates for faster scans on dense charts.
Wedge and triangle modules are the most computationally heavy.
Interpretation guide
Solid vs dashed lines — Solid segment = fitted historical zone. Dashed segment = extension to the current bar.
Touch markers (●) — Confirmed swing points that validated the boundary.
Active formation — The highest-scoring valid pattern of each enabled type at the current bar.
Past formation — A previously completed pattern inside the lookback window; shown with reduced opacity when history is enabled.
Breakout marker — Price closed beyond the boundary on that bar (not a trade signal by itself).
Limitations
The indicator selects the best-scoring candidate per type — it does not draw every possible geometric shape on the chart.
Very noisy or low-liquidity symbols may produce fewer valid patterns under strict settings.
Flag and pennant detection depends on a clear prior impulse pole; choppy markets may skip these patterns.
S/R levels are pivot-based and unbroken — they disappear once price closes through them beyond tolerance.
Multi-pattern mode increases visual complexity; use formation checkboxes to focus analysis.
Version
Pine Script® v6 | Overlay indicator | Invite-only access
Max bars back: 5000
