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drawing trend lines on the tick chart (ToS)
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drawing trend lines on the tick chart (ToS)

  #1 (permalink)
Trading for Fun
Boise, Idaho
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: AMP/CQG
Favorite Futures: es
 
Posts: 71 since Feb 2013
Thanks: 28 given, 10 received

drawing trend lines on the tick chart (ToS)

This is a very annoying issue for me. I use a 1600 tick chart. When i draw a trend and click to secure it in place, it will go crooked on me. It won't stay where I want it. I do not have this issue on ToS time based chart. The trend line will stay where I want it as long as I don't go beyond where the current tick candle is. But if I try and draw it past the wick of the last tick candle, the trend line will go crooked. The best I can do is draw the TL as far as it will allow me, and then extend it to the right. Why is this only an issue on tick buy not time based charts?

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  #2 (permalink)
Knowledge Seeker
Dubai, UAE
 
Futures Experience: Intermediate
Platform: TOS, TradeStation
Broker/Data: OX, TradeStation
Favorite Futures: Stocks & Basic Options
 
RedK's Avatar
 
Posts: 171 since May 2012
Thanks: 44 given, 138 received

Try Chart Settings > General > Settings > turn "Drawing Snapping" to "Off", and also uncheck "Synchronize Drawings"

you still need to draw your trend line only within the chart zone (not the right extension area), then extend to the right if you need.. but I noticed this way it remains exactly where you leave it vs if you keep these settings on default ...

hope this helps?
K

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  #3 (permalink)
Trading for Fun
Boise, Idaho
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: AMP/CQG
Favorite Futures: es
 
Posts: 71 since Feb 2013
Thanks: 28 given, 10 received


I will check out that setting. I have seen the snap back button before, and never knew what it was for. Snap back? Well I will experiment with it. Thanks.

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