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Can EL be used to generate trend lines?
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Can EL be used to generate trend lines?

  #1 (permalink)
Trading Apprentice
Orlando, FL
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: ES, EURUSD GBPUSD
 
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Can EL be used to generate trend lines?

I have lots of experience with EL, but never used a TL before and now have the need, so, is there a relatively simple way to have my indicator automatically plot trend lines with data I generate from my code and if so, what do I need to know?

Also, is EL capable of calculating and storing the TL value for each bar so I can make a rule with this number?

Thanks

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  #3 (permalink)
Market Wizard
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Yes, there is by either using the new OOEL drawing objects class or the old fashioned TL_New reserved word. It's pretty straight forward and if you have lots of EL experience you should find your way around in no time.
This should get you started:
http://community.tradestation.com/wiki/display/EasyLanguage/Understanding+Trendlines

Regards,
ABCTG


emini experts View Post
I have lots of experience with EL, but never used a TL before and now have the need, so, is there a relatively simple way to have my indicator automatically plot trend lines with data I generate from my code and if so, what do I need to know?

Also, is EL capable of calculating and storing the TL value for each bar so I can make a rule with this number?

Thanks


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