Auto Parallel lines

AFL Programming
1

Hi,
The chart below is a monthly chart of the Nifty 50.

I have searched the forum and the net and not found an answer.

I am talking about simple parallel lines and not a regression channel
or drawing automatic trend lines

There is a screenshot below and the text on it is self explanatory.

pll lines
pll lines1659×972 56.4 KB

thanks in advance for a solution.

2

In you screenshot there are multiple places where prices penetrate you hand drawn channel. This makes you channel subjective, arbitrary. mathematical solutions are not like that.

3

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