Registered User
Joined: 10/15/2004
Posts: 11
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1. Creating parallel line is supposed to be easy. In TeleChart, you added the feature but it is utterly worthless. I can just as well create another trend line, bring a ruler to my computer screen and carefully adjust it to be parellel. Is this flaw or a feature?
2. Indicator sorts for sorting by Regression lines has no other sort option than regression slope. I would like to sort it by comparing one regression line to another, ie, sort by the relative slope with another regression line in comparison.
3. When adding MoneyStream, I have the option to automatically create regression lines for MoneyStream and Price. Why can't I sort charts by the distance/angle between the two regression lines?
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Worden Trainer
Joined: 10/7/2004
Posts: 710
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Creating a parallel line in TeleChart simply requires you to right click on the trendline you drew, choose "Create Parallel Line" and then drag the line to the level you want.
You are correct that the kind of comparative regression line sort you mention is not a possibility in TeleChart.
MoneyStream's regression lines are intended to allow you to visually compare the trends of MS vs Price, but are not designed to be used as sorting tools.
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