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Automatic price level's drawing Rate this Topic:
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z_hagay
Posted : Saturday, December 21, 2013 10:17:33 AM
Registered User
Joined: 9/14/2011
Posts: 50

Hello,

Is it possible to enable an automatic drawing of some significant price levels (As yesterday, weekly, monthly, 90 days, half year and yearly Highs/Lows) as it is possible to draw yesterday's close and today's open?

INSTEAD OF DOING IT MANUALLY!

 

THANKS.

Bruce_L
Posted : Monday, December 23, 2013 1:22:44 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

It is not possible to draw anything based on calendar based days, weeks, months, quarters, or years on a time frame other than the time frame upon which the line would be derived.

For example, you could plot the close of the previous week on a weekly chart using the following Custom PCF Indicator:

C1

But you could not plot this value on a daily or monthly chart or even have it stretch across the entire weekly chart.

Thank you for your suggestion.



-Bruce
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kprajapati
Posted : Saturday, May 10, 2014 11:54:08 PM
Registered User
Joined: 8/12/2011
Posts: 6

When I open any charts, by default I see lot of horizontal lines supposedly showing support and resistance (automatically). What do I do so that I don't see them. I don't want to see automatically drawn lines. All I want to see is the lines that I have drawn. Othewise it gets confusing, which lines are mine and which are system drawn.

Bruce_L
Posted : Monday, May 12, 2014 2:19:46 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

I can only guess as to what the lines you are describing might be. You could have Horizontal Lines drawn on the chart which are set to plot on All Symbols instead of for a particular symbol.

Mark Key Price Levels with Horizontal Lines (3:12)
Using Drawing Tools in TC2000 (5:22)
Drawing boards manage your chart drawings (7:07)
Scratch boards & drawing tool updates (4:43)

The same could be true of other drawing tools such as Fibonacci Retracements, Fibonacci Projections, Quadrant Lines or Tyrone Levels.

As far as automatically drawn lines go, you might have the Pivot Points indicator plotted on the chart. If you are in an intraday time frame, you might have show yestereday's close line or show today's open line checked when editing Price History.



-Bruce
Personal Criteria Formulas
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