Anchor Line is a fast acting trendline indicator using proprietary algorithm to identify possible reversals.
Tunable sensitivity and smoothing period helps to filter out small fluctuations
Buffers
Buffer0: Moving Average Buffer (not displayed)
Buffer1:Anchor Line Uptrend Buffer (Blue)
Buffer2: Anchor Line Downtrend Buffer (Red)
Buffer3:Reversal Buffer 1=Uptrend, -1=Downtrend (not displayed)
Buffer4: Anchor Line Up and Down trends combined (Gray) *NEW*
Inputs
Smooth Period: Period for Moving Average Smoothing
Maximum Lookback Period: Maximum period to lookback for Anchor (tuning generally not needed)
Transition Sensitivity: How sensitive AnchorLine is to fluctuations 0 = most sensitive (Default), higher=less sensitive
