Trendlines

Explore the effectiveness of trendlines in trading. This price action strategy discusses why traditional trendlines might not work and what concepts are more re

Published · Updated · Methodology: Price Action

Part of: Trendline Trading

  • Methodology: Price Action
  • Content type: educational

Indicators used

  • Trendlines

Source video

Decoded from: Trendlines DON'T Work (Here’s What Actually Does) by Tori Trades — watch the original

Strategy overview

A trendline is simply a line connecting a series of higher lows or lower highs, used to visualize the slope of a move and the level where it might be defended. This entry, decoded from Tori Trades' video "Trendlines DON'T Work (Here's What Actually Does)", belongs to a distinct genre of trading content: the contrarian teardown, where a familiar tool is challenged before an alternative is offered. Titles like this one are rarely arguing that lines on a chart are useless — they are usually arguing that the line itself was never the edge.

The critique has a real basis worth understanding. Trendlines are drawn by hand, and the drawing involves choices no chart makes for you: which swing points to anchor, whether to touch wicks or closing prices, and how steep a line may be before it stops describing the trend and starts chasing it. Because those choices can be revised after the fact, a trendline that looks decisive in hindsight may have been ambiguous or invisible in real time — which is exactly why the tool is difficult to evaluate honestly and easy to argue about.

No rule set has been extracted for this entry, so this page does not reconstruct what the video proposes in its place — that argument stays with the source. What the page offers is the context: the channel, the video, and the concept the video is pushing back against, so you can judge the claim on its own terms rather than on the strength of the title.

Topics

trendlines · price action · trading strategy · tradingview strategy · pine script · market analysis · technical analysis · educational strategy · price action strategy · what works trading

Frequently asked questions

Why do some traders argue that trendlines don't work?

The usual objection is not about the geometry but about the discretion behind it. Because a trader chooses the anchor points and can redraw a line after price has already moved, trendline signals are hard to define consistently and hard to test — a line that looks obvious in hindsight may not have existed at the time of the trade.

Does this video say to stop using trendlines entirely?

The title frames it as a replacement rather than an abandonment — "here's what actually does" implies an alternative approach follows the critique. This entry does not include an extracted rule set, so what that alternative is, and how far the video takes the argument, is best taken from the source video itself.

How can a trendline approach be made objective enough to test?

By removing the drawing choices. That generally means fixing the anchors mechanically (for example, specified swing highs or lows), deciding in advance whether wicks or closes define a touch and a break, and setting a rule that prevents the line from being redrawn once the trade is live. Once those are fixed, the approach becomes something a backtest can actually measure.

Where can I find the strategies these critique videos point toward?

Strategy Decoder catalogs trading strategies presented in video sources and, where the source is specific enough, extracts their structure so the logic can be reviewed and tested on TradingView instead of taken on the strength of a title.

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

Strategy Decoder catalogs 2,229 decoded strategies. Each one is extracted with confidence scoring, cross-linked to the indicators it uses, and kept up to date as new videos are processed daily. Load this page with JavaScript enabled to use the interactive tools, or start from the strategy explorer to filter by methodology, market and timeframe.

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