The Trendlines with Breaks indicator by LuxAlgo.
This #indicador draws automatic trend lines based on key price points (highs and lows) and detects breaks when the price crosses these lines. Breaks often signal changes in trend or entry/exit points.
Strengths: It is useful for confirming bullish or bearish trends and detecting potential reversals or continuations. In cryptocurrencies like HBAR, where volatility is high, breaks can be clear signals for trading.
Typical setup: Make sure to adjust the parameters in TradingView (such as sensitivity or the period of the trend lines) according to the time frame you use (for example, 1H, 4H, or 1D) to avoid false signals in noisy markets.
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