Trendline
A line connecting swing lows in an uptrend or swing highs in a downtrend, used as dynamic support or resistance.
Related terms
Trend
A sustained directional move: higher highs and higher lows in an…
Channel
Two parallel trendlines containing price, rising, falling or flat.
Triangle pattern
Converging trendlines (ascending, descending or symmetrical)…
Average daily range (ADR)
The average distance in pips between each day’s high and low over…
Average Directional Index (ADX)
An indicator of trend strength, not direction. Readings above…
Average True Range (ATR)
A volatility indicator that averages the true range, which…