Traders’ Tips by Technical Analysis, Inc.
NEUROSHELL TRADER: INSTANTANEOUS TRENDLINE
The instantaneous trendline described by John Ehlers in his
article in this issue can be easily implemented in NeuroShell
Trader by using NeuroShell Trader’s ability to call external
code segments written in traditional languages such as Basic,
C, C++, and Pascal. We’ve created the Ehlers instantaneous
trendline in a chart (Figure 1) and you can download a
compiled, working version from the NeuroShell Trader free
technical support website.
After installing the custom indicator, you can insert it in
new charts as follows:
1. Select ‘New Indicator …’ from the ‘Insert’ menu
2. Select the Custom Indicator category
3. Select the Ehlers Instantaneous Trendline
4. Insert the parameters as you desire.