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trendline with input degrees


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  #1 (permalink)
 gparkis 
New York City, NY/USA
 
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I am looking for some thoughtful suggestions...

I am trying to find a way to draw a trendline that is based off a high point that will draw based on angle and not price after that point is estabolished.

Say a high is defined as a bar with a lower high to the right and left of bar, center bar now identified as a high. Trendline will draw from that point down at an angle of 30 degrees or any input I put in. And it will disregard the y axis in regards to time input and its not like a regular trendline high to high kinda thing.

I am told by multicharts that this can not be done but anything can be done....just maybe not with them.

ultimately I wanted to have two lines originating from one point with different degree inputs; say 50 and 30.

Looking for suggestions


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  #3 (permalink)
 
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 dakine 
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IRT has this I believe...

Investor/RT - Investment Software - What's New in 5.9


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  #4 (permalink)
 
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 cory 
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sierchart also has this feature first you set the fix scale for x and y then draw the angle.


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  #5 (permalink)
 gparkis 
New York City, NY/USA
 
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Investor rt is the closest but you can rotate the trendline from a real zero to 90 degree angle and it reads 80.xx for over 70% of the rotationso thats a fail.

Sierra. ...If i fix the x or y axis how can that work realtime??? The reason multicharts said no go is because of the axis.

I need to define a new high or low and have auto trendlines drawing from those respective prices at fixed angles. A new high or low would have two trend lines each...with different angles.


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  #6 (permalink)
 
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 cory 
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gparkis View Post
Investor rt is the closest but you can rotate the trendline from a real zero to 90 degree angle and it reads 80.xx for over 70% of the rotationso thats a fail.

Sierra. ...If i fix the x or y axis how can that work realtime??? The reason multicharts said no go is because of the axis.

I need to define a new high or low and have auto trendlines drawing from those respective prices at fixed angles. A new high or low would have two trend lines each...with different angles.

SC document on it Sierra Chart - Chart Drawing Tools


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  #7 (permalink)
 gparkis 
New York City, NY/USA
 
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not exactly what im trying to do but THANK YOU. I had no idea what I was almost replicating was gann lines or a modified fan.

this should make it much easier considering programmers are obviously able to code fixed degrees for lines for the gann indicators.

life saver...thank you


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  #8 (permalink)
 
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 Big Mike 
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gparkis View Post
life saver...thank you

Check out the Thanks button.

Mike




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