Rank: Member
Groups: Registered, Registered Users
Joined: 10/12/2006(UTC)
Posts: 19
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Hi Guys,
I am always confused to draw trendlines on RSI from where to start and at which point I must stop.
Is there any way to draw trendlines automatically or by using any formula etc?
Also guide me how to draw up and down trendlines perfectly on RSI chart?
I use many windows in a chart for instance Price Chart, Volume, MACD, Stochastic and RSI. I confuse when I make RSI window big on screen and RSI lines are stretched and I do not understand what to do (drawing trendlines).
Looking forward to receive your assistance.
Thanks
Regards
WT
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users
Joined: 3/25/2005(UTC)
Posts: 90
Location: London
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Yes you can draw trendlines automatically using Metastock language. There are example formula code in the forum. However it is much easier to use the 'pencil' drawing tool to draw a single trend line or one of the parallel trendlines like Raff Regression Channel by clicking on the relevant drawing tool icon.
If you have enlarged your RSI screen by clicking on the Windows-Maximise button (in top right hand corner of screen) - then you can return to normal by size by clicking on it again to Restore Down. Trendlines and indicators are saved when you switch stocks using smartcharts.
rgs
alphateam
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