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Gold Customer
Joined: 5/16/2014 Posts: 57
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Is it possible to have for TC2K software to draw trend lines automatically?? I want to draw broadening formations off the rspective higgh and lows. Drawing lines off of high and lows on all tiem frames(e.g. 60, daily, weekly, monthly) charts without out have to do it manually?
Is this possible and if not is the a indicatotr that coems close to doing it??
jklmt
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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About the closest thing I can think of would be to add two moving averages to price. Set the periods of both to 1. You will set the Average of to High for one of the moving averages and to Low for the other moving average.
Now add Linear Regression Line indicator to both moving averages and adjust the periods as desired.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 5/16/2014 Posts: 57
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Its not doing what I would like it to do...but thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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There was a time I might have suggested plotting swing highs and swing lows using a Custom PCF Indicator using the dot plot style. You could then apply a linear regression line indicator to the Custom PCF Indicator and it would draw a straight line.
This was because before it was fixed, the algorithm just calculated the endpoints of the linear regression line and connected those two dots. Now however, it calculated the value at each point and connects those points. Since the linear regression line is based on just the swing highs or just the swing lows, it calculates those points as if they are equidistant and then connects the dots. This doesn't result in a straight line and doesn't work like it used to before the linear regression line indicator was fixed (there were good reasons for fixing it which were more important than exploiting a bug to draw linear regression lines based on swing highs and swing lows).
Another option might be to just create a Custom PCF Indicator based on swing highs and swing lows and plot it with the line plot style, but the result isn't really going to be a trendline either. It isn't going to keep plotting after the last value, will be offset from the desired position and connect more than just the two most recent swing highs or swing lows.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 6/30/2017 Posts: 1,227
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Never thought of that. Genius.
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Gold Customer
Joined: 5/16/2014 Posts: 57
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Bruce can you inbox me bc i cant post a pic for somereason..
jklmttrader
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Gold Customer
Joined: 5/16/2014 Posts: 57
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I appreciate your input...thanks.
Now if I could get tc2k to produce a hourly chart that opens and closes on the bottom of the hour!!
jklmttraer
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Registered User Joined: 6/30/2017 Posts: 1,227
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Maybe just turn your laptop upside down, Or the clock on the wall.
Sorry, too much coffee. I'll drop it - know the bottom of the hour bar is a touchy subject :)
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You should be able to just right-click on an image which is hosted on the open web (not just on your hard own hard drive) and select Copy. Then select Paste when creating your post to insert the image into your post.
Another option is to right-click on an image which is hosted on the open web and select Copy Image Address (or other similar language). Then click on the image icon when creating your post and pasting that address into the URL line.
If you want to post an image from your computer, you need to find a website which will post the picture on the open web so it can be seen by somebody not using your computer.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 5/16/2014 Posts: 57
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I only turn my laptop upside downside when i'm a losing postion...lol
It's not touchy...i just prefer it!!
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Registered User Joined: 6/30/2017 Posts: 1,227
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Yeah, I just confirmed the Copy and Paste works. (Never did before that recent server maintenance). Much easier than using the Image icon, though that ain't hard. I'm juzt lazy. :)
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