This script will automatically draw trend lines for you, and will extend out the lines to predict further trends. It is extremely powerful for watching when a stock is breaking out and away from what it has been doing. The color of the candle will turn blue if the stock is breaking DOWN through support into a new trend lower than the one it is currently in, and it will turn orange if the stock is breaking UP and switching to a more positive trend. This is good for looking at moving support and resistance levels and tell you right away if a stock will hold that trend.

In the options, you can set a trend ratio that will break the stock down into different levels of trends. A high trend ratio will result in trend channels that better suit someone scalping the stock. A low trend ratio is better for people looking at more broad trends.