Overview
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  Indicator Definitions
  Trend Lines
  Fibonacci Studies
  Multiple Charts
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  Auto Stop Loss
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  Order Management
  System Requirements
 
 
 
  Trend Lines
 
 

Drawing a Basic Trend Line

To plot a trend line onto the chart, first click once to set the starting point and then a black line will appear. Drag the line to the desired point and click once again to set the destination point. A red line will then appear between the starting and destination points, similar to the example below. A number will appear as well indicating the destination point’s price on the price scale. Only the price of the last trend line drawn will be shown.

 

Drawing Parallel Trend Lines

The fourth button on the action toolbar yields the parallel trend line function. It can only be used if a trend line already exists on the chart. A black line, parallel to the last trend line drawn and of equal length, like the example below, will appear when the function is selected. It can be plotted anywhere on the chart. To plot the parallel line, simply click on the chart once at whichever position on the chart the user chooses. Once plotted, the line will turn red and the end price of the new line will be shown.

 

Erasing Trend Lines

Use the toolbar buttons to erase trend lines. The first button (left) will erase the last trend line drawn, and the second button (right) will erase all trend lines drawn