Machine Learning Trendlines Cluster Indicator MT5 Download – Free – [TFlab]

The Machine Learning Trendlines Clustering Indicator, by combining machine learning techniques with technical analysis, is capable of automatically extracting trendlines.

In this method, first, price data is grouped using clustering algorithms, and then for each group, a linear regression model is drawn.

Specifications Table of the Machine Learning Trendlines Cluster Indicator

The specifications of the Machine Learning Trendlines Cluster Indicator are as follows:

Machine Learning Trendlines Cluster Indicator at a Glance

The Machine Learning Trendlines Cluster Indicator intelligently identifies valid trendlines on price charts.

This trading tool groups market data based on behavioral similarity or price ranges, then draws the trendlines corresponding to each cluster.

Uptrend

According to the EUR/JPY 1-hour chart, the price reacted after touching the specified trendline and began an upward movement.

Downtrend

According to the 15-minute Bitcoin (BTC) cryptocurrency chart, the drawn trendline acted as a resistance barrier, and after the price touched it, a downward movement started.

Settings of the Machine Learning Trendlines Cluster Indicator

The adjustable settings of the Machine Learning Trendlines Cluster Indicator are as follows:

• Analysis Window Size: The time window for analysis and the number of candles under review
• Number of Lines / Clusters: The number of lines or clusters to be identified
• Maximum Iterations: The maximum number of algorithm iterations during calculation
• Enable Slope Filtering: Enable filtering based on line slope
• Filter Direction (true = below threshold, false = above): Filtering direction based on slope threshold
• Threshold Sensitivity Factor: The sensitivity factor of the threshold for filtering lines
• Line Thickness: The thickness of the plotted lines
• Upper Line Color: The color of the upper or resistance lines
• Lower Line Color: The color of the lower or support lines

Conclusion

The Machine Learning Trendlines Cluster Indicator automatically detects trendlines using clustering algorithms and linear regression.

By analyzing and grouping similar price data, this tool can display precise and reliable trendlines.