Trend Lines

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Trend lines. First select the type of trend: Trend line (line between two points), ML line, RL line, or the shifted lines: SH and RL+.  To draw a trend line, you need define two or more points. Go to the first, using the mouse or cursor, and hit one of the five keys: OHLCM. It will choose the Open if you hit O, Close if you hit C, and Moving average if you hit M. Move to the second point, and again hit one of the five keys. The trend line will be drawn, and the lines will become thin (normal) again. While drawing the trend lines, the lines become thick to make the choices better. For ML and RL lines, you have to choose 3 points. Shift lines are possible. Draw a ML, then select Shift ML, and select the last point. Same for RL+, to get additional parallels.

 

When drawing trend lines, press the Clear button to cancel the lines. The signal lines, from the .sig file, will remain visible.

 

Trend lines are saved on the hard disk by stock name. Restore trends will restore lines that were saved. You have the option of restoring the lines based upon pivot count rather than date and time.

 

You have the option of saving lines in location A or B by pressing Save A or Save B. To recall, press Add A or Add B. This will add the lines to the chart.

 

You draw a trend line. The line is automatically saved in the database. Change number of pivots, time frame (D to W, etc.), and it will redraw the lines. If a point is H or L, and it goes down in time (lines drawn in W restored in D), it will look for the highest point in the week (or month, if you started with M).

 

Trend lines can span screens.

 

Save trends in A or B. Add A adds the trend lines in A to the existing lines on the screen, and so acts like a restore.

 

Clear (Alt L) clears the trend lines. No trends removes the signal lines as well.

 

Once trend lines are drawn, either manually, Restoring, or Add A, Add B, the next screen change automatically calls restore. E.g., you have a ML signal, and pull up a chart. Change number of points or time frame. Fine. However, once you restore trends, you will see the ML signal line along with the restored trends. Now change number of points or time frame. Both the ML line and the restored trend lines will be drawn.

 

See an image of trend lines at Trend Lines

 

Trend lines can be deleted.

 

When a trend line is drawn, the line is extended into the future 10 bars, with circles at each bar. Double click on each bar to see the extrapolated value.

 

Trend