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PTL - Perfect Trend Line [UTS]
📈 PTL – Perfect Trendline
📝 Description
The PTL (Perfect Trendline) indicator automatically detects and draws precise trendlines connecting key swing highs and lows to visualize the market’s true direction. It serves as a confirmation and filtering tool, helping traders validate trends, avoid false breakouts, and improve trade accuracy. Designed for simplicity and clarity, PTL enhances discipline by signaling reliable support/resistance and trend strength.
🔧 How to Use
Use PTL primarily to confirm trend direction before trade entries and exits.
Watch for price respecting or breaking PTL trendlines as validation of momentum.
Combine PTL with volume and momentum indicators for stronger trade signals.
Avoid premature entries by waiting for confirmed PTL breakout or bounce signals.
Works across multiple timeframes to support both short-term and long-term strategies.
🎯 Best Use Cases
• Trend Detection & bias identification
• Entry Confirmation — wait for trend flip with different color fill
• Exit Management — wait for trend flip with different color fill
⚙️ Features
• Automatic high-probability trendline detection from swing points
• Dynamic, real-time updating trendlines reflecting current market structure
• Minimizes false signals and noise for increased trader confidence
• Clean, minimalist visual style optimized for easy interpretation
• Customizable alert system on trendline touches and confirmed breaks
🔔 Alerts
• “Long Signal” — fires once when trend flips bullish
• “Short Signal” — fires once when trend flips bearish
Create alerts via the “Add Alert” dialog and select the appropriate signal.
📝 About
• Pine Script®: v6
• Created: 2025-07-04
⚠️ Disclaimer
This indicator is a tool for confirmation and should be combined with your own analysis and risk management. It does not guarantee profitable trades.
📝 Description
The PTL (Perfect Trendline) indicator automatically detects and draws precise trendlines connecting key swing highs and lows to visualize the market’s true direction. It serves as a confirmation and filtering tool, helping traders validate trends, avoid false breakouts, and improve trade accuracy. Designed for simplicity and clarity, PTL enhances discipline by signaling reliable support/resistance and trend strength.
🔧 How to Use
Use PTL primarily to confirm trend direction before trade entries and exits.
Watch for price respecting or breaking PTL trendlines as validation of momentum.
Combine PTL with volume and momentum indicators for stronger trade signals.
Avoid premature entries by waiting for confirmed PTL breakout or bounce signals.
Works across multiple timeframes to support both short-term and long-term strategies.
🎯 Best Use Cases
• Trend Detection & bias identification
• Entry Confirmation — wait for trend flip with different color fill
• Exit Management — wait for trend flip with different color fill
⚙️ Features
• Automatic high-probability trendline detection from swing points
• Dynamic, real-time updating trendlines reflecting current market structure
• Minimizes false signals and noise for increased trader confidence
• Clean, minimalist visual style optimized for easy interpretation
• Customizable alert system on trendline touches and confirmed breaks
🔔 Alerts
• “Long Signal” — fires once when trend flips bullish
• “Short Signal” — fires once when trend flips bearish
Create alerts via the “Add Alert” dialog and select the appropriate signal.
📝 About
• Pine Script®: v6
• Created: 2025-07-04
⚠️ Disclaimer
This indicator is a tool for confirmation and should be combined with your own analysis and risk management. It does not guarantee profitable trades.
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡UberTradingSystems。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
🔓 This is a premium indicator. For pricing and access, see: https://ubertradingsystems.com
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
Visit ubertradingsystems.com or send a direct message for information about indicator access.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡UberTradingSystems。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
🔓 This is a premium indicator. For pricing and access, see: https://ubertradingsystems.com
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
Visit ubertradingsystems.com or send a direct message for information about indicator access.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。