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Trend Line

698 bytes removed, 13:38, 1 October 2014
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Extended Line - is a trend line that is extended to the left and to the right. It is an analytical drawing tool used to indicate the past and future direction of the price movement.
 
<br>
== Inserting Trend Line ==
# Select one of three ways to insert a Trend line:
#* In the menu select '''Insert''', point to '''Drawing''' and click '''Trend Line'''.
#* Click the Trend line''' http[[File://www.multicharts.com/img/wiki/toolbar/36_Trend_LineDrawing_TL.png ]] icon on the '''Drawing''' toolbar. #* Click the arrow next to the '''Drawing tools''' http[[File://www.multicharts.com/img/wiki/toolbar/07_Drawing_ToolsShow Hide Drawing Tools.png ]] icon on the '''Main''' toolbar and select '''Trend Line''' from the menu. # The cursor will change to the '''Trend line''' http[[File://www.multicharts.com/img/wiki/cursors/drawings/Drawings_01tl_pointer.gif]].
# In the Chart Area click where the Trend line is to begin.
# Then keeping the left mouse button pressed move the pointer up, down, left, or right to position the Trend line.
# Release the button.
<brdiv style="background-color: #E3FBE5;">'''Note:''' To create a horisontal or vertical Trend Line hold '''Ctrl''' while inserting the Trend Line.</div>  
== Moving Trend Line ==
# Point the cursor at the Trend line that is to be moved.
# The cursor '''Pointer''' http[[File://www.multicharts.com/img/wiki/cursors/Pointer.gif png]] will change into '''Hand''' http[[File://www.multicharts.com/img/wiki/cursors/Hand.gifpng]].
# Then keeping the left mouse button pressed drag the Trend line to the desired position.
# Release the button.
# Point the cursor at the Trend line that is to be reshaped.
# The cursor '''Pointer''' http[[File://www.multicharts.com/img/wiki/cursors/Pointer.gif png]] will change into '''Hand''' http[[File://www.multicharts.com/img/wiki/cursors/Hand.gifpng]].
# Left-click the Trend line and 2 small squares will appear at both ends of the Trend line.
# Drag one of these squares till the drawing tool becomes of the desired shape.
#: To access the '''Format Trend Line''' window:
#:# Drag the cursor to the Trend line that is to be formatted.
#:# The cursor '''Pointer''' http[[File://www.multicharts.com/img/wiki/cursors/Pointer.gif png]] will change into '''Hand''' http[[File://www.multicharts.com/img/wiki/cursors/Hand.gifpng]], then double-click.
#::Or
#:# Drag the cursor to the Trend line that is to be formatted.
#:# The cursor '''Pointer''' http[[File://www.multicharts.com/img/wiki/cursors/Pointer.gif png]] will change into '''Hand''' http[[File://www.multicharts.com/img/wiki/cursors/Hand.gifpng]], then right-click.
#:# Select '''Format 'Trend Line'…''' from the shortcut menu.
#::Or
#: To access the '''Format Trend Line''' window:
#:# Drag the cursor to the Trend line that is to be formatted.
#:# The cursor '''Pointer''' http[[File://www.multicharts.com/img/wiki/cursors/Pointer.gif png]] will change into '''Hand''' http[[File://www.multicharts.com/img/wiki/cursors/Hand.gifpng]], then double-click.
#::Or
#:# Drag the cursor to the Trend line that is to be formatted.
#:# The cursor '''Pointer''' http[[File://www.multicharts.com/img/wiki/cursors/Pointer.gif png]] will change into '''Hand''' http[[File://www.multicharts.com/img/wiki/cursors/Hand.gifpng]], then right-click.
#:# Select '''Format 'Trend Line'…''' from the shortcut menu.
#::Or
#: To access the '''Format Trend Line''' window:
#:# Drag the cursor to the Trend line that is to be formatted.
#:# The cursor '''Pointer''' http[[File://www.multicharts.com/img/wiki/cursors/Pointer.gif png]] will change into '''Hand''' http[[File://www.multicharts.com/img/wiki/cursors/Hand.gifpng]], then double-click.
#::Or
#:# Drag the cursor to the Trend line that is to be formatted.
#:# The cursor '''Pointer''' http[[File://www.multicharts.com/img/wiki/cursors/Pointer.gif png]] will change into '''Hand''' http://www.multicharts.com/img/wiki/cursors/Hand.gif, then right-click.
#:# Select '''Format 'Trend Line'…''' from the shortcut menu.
#::Or
#: To access the '''Format Trend Line''' window:
#:# Drag the cursor to the Trend line that is to be formatted.
#:# The cursor '''Pointer''' http[[File://www.multicharts.com/img/wiki/cursors/Pointer.gif png]] will change into '''Hand''' http[[File://www.multicharts.com/img/wiki/cursors/Hand.gifpng]], then double-click.
#::Or
#:# Drag the cursor to the Trend line that is to be formatted.
#:# The cursor '''Pointer''' http[[File://www.multicharts.com/img/wiki/cursors/Pointer.gif png]] will change into '''Hand''' http[[File://www.multicharts.com/img/wiki/cursors/Hand.gifpng]], then right-click.
#:# Select '''Format 'Trend Line'…''' from the shortcut menu.
#::Or
# Drag the cursor to the Trend line that is to be cloned.
# The cursor '''Pointer''' http[[File://www.multicharts.com/img/wiki/cursors/Pointer.gif png]] will change into '''Hand''' http[[File://www.multicharts.com/img/wiki/cursors/Hand.gifpng]], then right-click.
# Select '''Clone Drawing''' from the shortcut menu.

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