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Narrowingwedge

Converging Pullbacks and PeaksMulti Timeframe Converging Lines Indicator. Using the highest/lowest Values at 2 different lengths. Convergence created by taking the highest/lowest value and subtracting/adding the # of barssince the highest/lowest bar was set multiplied by the price multiplied by the float. Curves are created from averaging out the emas of the center lines of the extremeties. Helps show trendlines automatically most of the time but can be tweaked by changing the floats or Fast/Slow lengths to you liking.
Pine Script® indicator
by EsIstTurnt
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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