Trend lines on an indicator

[zardoz 10]

TradeStation's Easy Language can draw (plot) trend-lines on a price chart automatically. I was wondering if TS can also automatically plot trend-lines on an indicator? For instance Is Easy Language flexible enough to allow one to code a trend-line joining two highs of a stochastic plot? If so does anyone have an example? I have coded indicators in Easy language but before I spend time tying to accomplish this I would like to know if it is possible. Any help would be much appreciated.

 

Z

[Guest cooter]

Dunno. If you're a TS user, try the comprehensive user-oriented TS forums first:

 

https://www.tradestation.com/Discussions/Main.aspx

 

Good luck!

[Tams 20]

TradeStation's Easy Language can draw (plot) trend-lines on a price chart automatically. I was wondering if TS can also automatically plot trend-lines on an indicator? For instance Is Easy Language flexible enough to allow one to code a trend-line joining two highs of a stochastic plot? If so does anyone have an example? I have coded indicators in Easy language but before I spend time tying to accomplish this I would like to know if it is possible. Any help would be much appreciated.

Z

 

 

 

It can be done with MultiCharts. Not sure with TS.

[zardoz 10]

Thanks Tams,

 

Do you have an example of a MultiChart indicator that has that feature? Would love to see the code.

 

Thanks

 

 

Zardoz

[Tams 20]

you do it the same way as if you draw on the main chart.

the only different is on the reserved word:

 

TL_New_self

Displays a trendline, with the specified starting and ending points, on the SubChart containing the study; returns a trendline-specific ID number, required to modify the trendline.

 

Usage

TL_New_self (sDate, sTime, sPriceValue, eDate, eTime, ePriceValue)

 

Parameters

sDate - a numerical expression specifying the trendline starting point date; the date is indicated in the YYYMMdd format, where YYY is the number of years since 1900, MM is the month, and dd is the day of the month

 

sTime - a numerical expression specifying the trendline starting point time; the time is indicated in the 24-hour HHmm format, where 1300 = 1:00 PM

 

sPriceValue - a numerical expression specifying the trendline starting point price value (vertical position, corresponding to a value on the price scale of a chart)

 

eDate - a numerical expression specifying the trendline ending point date

 

eTime - a numerical expression specifying the trendline ending point time

 

ePriceValue - a numerical expression specifying the trendline ending point price value

 

Example

Display a trendline, that begins at 9:00 AM at a price value of 1381, and ends at 3:00 PM at a price value of 1337, on January 17th, 2008, on the SubChart containing the study:

 

Value1=TL_New_self(1080117,900,1381,1080117,1500,1337);

[zardoz 10]

Thanks Tams, it was this TL_New_self that I was unaware of. Trade Station does not have this "self" option but as I see MultiCharts does.

 

At least now I know in theory it can be done as I also have MultiCharts. Now I have to modify the indicator "Trendlines Automatic" to work on an indicator. Unless you know of one flying around that can already join the tops on an oscillation indicator.

 

Thanks again.

 

 

Z

[Tams 20]

drawing the trendline is easy.

 

the sweat is in the time and effort required to determine

the coordinates for the starting and ending points.

 

there is no flying around way to accomplish easy tasks.

 

:-(