How to code an angled trend line???

December 3rd, 2023, 11:15 PM

Hi Sinatra Fan...

One thing to note for multicharts is.. When you put something on the chart-- MC goes back to the start of the data and works its way through--- so that is why you saw the big cpu hit.. One thing you can do is use the start time/date as a point.. So if date > then start time/date then draw the line.. This way It should just place the one line on the chart at that point.. Just know that once it signal/indicator goes through that first run-- it will then only be working on the most current bar/candle.. So you shouldnt have the cpu hit you did the first time you ran it..

Here is a example of a trendline i use as a time line(vertical line).. Cause Multicharts is dumb and dont have a simple VertTimeLine indicator.

Code

if 'an event happens" then begin
StartTime = Time; EndTime = Time;
	
				tl = tl_new(date,StartTime, l, date, EndTime, h);
				tl_setcolor(tl, green);	// set trendline color from input
				tl_setstyle(tl, style);	// set trendline style from input
				tl_setextleft(tl, true);	// set trendline extension to left true (for HIGH)
				tl_setextright(tl, true);	// set trendline extension to right true (for LOW)
				drawlineGreen = false;
				drawlineRed = true; 

		end;

Here is a conditions that can signal the trade if the the line is crossed(though i just pulled this from the signal that came with MC called TrendLine LE (for long entry));

Code

condition1 = High < TL_GetValue( tl , Date, Time[1] ) ;
condition2= High >TL_GetValue( tl , Date, Time) ;
if condition1 and condition2 then
	Buy next bar at TL_GetValue( tl , Date next bar, Time next bar ) stop ;

tl_new spits out the item number for your new line to the tl variable.. So that is why youll see it used all through the set code..

With this said.. the only reason i chimed in was cause i have been working to get a verttimeline and went through what your going through.. ABCTG is who you should listen to.. Im new with Multicharts and struggling to figure out some of the most basic things.. I code in mql4 great-- but powerlanguage is new to me.. and multicharts documentation SUCKS ASS!!!..

I am questioning if i should have even posted cause i dont want to confuse the situation.. But if you get anything out of this then great.. If not-- then you can flip off the screen and just ignore ..

Hope it helps

How to code an angled trend line???

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How to code an angled trend line???