Lux-Style Trendlines With Breakouts – cTrader Indicator

Bring dynamic swing-based trendlines and breakout detection to your cTrader charts.

This indicator automatically detects pivot highs and pivot lows and builds two adaptive trendlines:

• Upper trendline (resistance)
• Lower trendline (support)

The lines are projected forward using a configurable slope calculation, helping you visualize trend structure in real time and identify potential breakout moments with clear “B” breakout signals.

✅ Key Features

• Automatic swing detection based on pivot highs/lows
• Dynamic trendline projection with adjustable slope multiplier
• 3 slope calculation methods:
• • ATR
  • Standard Deviation
  • Linear Regression approximation
• Breakout signals when price breaks above/below the trendlines
• Optional extended lines for better trend visualization
• Clean and lightweight overlay indicator (ideal for scalping, swing, and trend trading)

⚙️ Inputs / Settings

• Swing detection lookback period
• Slope multiplier
• Slope calculation method (ATR / Stdev / Linreg)
• Backpaint mode (for historical visualization)
• Extended line visualization ON/OFF
• Custom colors for Up/Down trendlines

🎯 Best Use Cases

• Identifying trend direction and structure
• Trading support/resistance breakouts
• Confirming entries with price action
• Trend continuation & reversal zones

⚠️ Important Note (Transparency)

Please note that there is already a similar cBot available on cTrader Store that follows a related logic to this indicator.
You can check it here:
https://ctrader.com/it/products/2517?u=Labot

This product is an indicator designed for chart analysis and manual confirmation, while the referenced product is a cBot (automated trading system).