Date: 29/12/2015 - Plataform: TradingView - Type: separated graphic
***NEW VERSION: includes more parameters as show/hide heads of matches, colour in sticks, and up to 6 bars back***
Based on moving projections of Rafael Jimenez Tocino.
This indicator helps determine the end and the beginning of trends based on the inclination of the matches.
After reading Cam Hui's blog post about his "Trifecta" bottom spotting model I thought I'd try my hand at scripting it as an indicator. The results are pretty close to what he describes. Though the data TradingView feeds me doesn't seem to be identical to what he's using on StockCharts.com the results are close enough that I will call the effort a success worth publishing.