Drawing angled trendlines in MT4 - What's the problem? | Forex Factory

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Drawing angled trendlines in MT4 - What's the problem?

  • #1
  • First Post: Aug 17, 2020 4:43am Aug 17, 2020 4:43am
So I have stepped up my trading game in forex and now instead of just horizontals I am now using angled trendlines.

Problem, why the heck when I scrunch up charts or expand them horizontally and change timeframes, the trend lines are out of place?

I always thought this was normal for MT4 and I didn't care anyway before but now I have to use them.

No fix or work around, right?

EDIT: Any free charting software which doesn't have these problems?
  • #2
  • Aug 17, 2020 10:44pm Aug 17, 2020 10:44pm
Quoting pa18
So I have stepped up my trading game in forex and now instead of just horizontals I am now using angled trendlines. Problem, why the heck when I scrunch up charts or expand them horizontally and change timeframes, the trend lines are out of place? I always thought this was normal for MT4 and I didn't care anyway before but now I have to use them. No fix or work around, right? EDIT: Any free charting software which doesn't have these problems?
Hi pa18,
Not sure if I encountered such problem, it may be a case you drawing it on a high timeframe, taking the final point out into the future, and when switching to a lower time frame, that future point is outside of the smaller timeframe range. I am unable to replicate this problem myself though, do you have any pictures of what that looks like when it happens?

You can try: Make the lines "Ray" and ensure the points are within the current data.
If that fails, you can try the charting software on tradingview com or even mt5.
"Work hard, put in the effort, and follow your dreams..." -Me
  • #3
  • Aug 18, 2020 7:36am Aug 18, 2020 7:36am
Quoting tzamo
{quote} Hi pa18, Not sure if I encountered such problem, it may be a case you drawing it on a high timeframe, taking the final point out into the future, and when switching to a lower time frame, that future point is outside of the smaller timeframe range. I am unable to replicate this problem myself though, do you have any pictures of what that looks like when it happens? You can try: Make the lines "Ray" and ensure the points are within the current data. If that fails, you can try the charting software on tradingview com or even mt5.
Thanks for replying.

Here's what is going on:

https://gifyu.com/image/cjpr

I think this is inherently a MT4 problem and can't be solved. It's very annoying and not sure if can't be fixed.

What I want to do is switch TF to look lower.
  • #4
  • Aug 18, 2020 8:20am Aug 18, 2020 8:20am
The scale changes when you scroll back and forth or when you change time frame, hence it looks as if the angle lines are out of place. One solution is to fix the scale in the chart properties or use tradingview. Angle lines are not a stable tool in MT4... even if the scale is fixed, the angles are off by a few degrees when you restart MT4.
  • #5
  • Aug 18, 2020 8:39am Aug 18, 2020 8:39am
Quoting subbu
The scale changes when you scroll back and forth or when you change time frame, hence it looks as if the angle lines are out of place. One solution is to fix the scale in the chart properties or use tradingview. Angle lines are not a stable tool in MT4... even if the scale is fixed, the angles are off by a few degrees when you restart MT4.
That really sucks. I hope MT5 is not the same and they have fixed it. Installing now to see.
  • #6
  • Last Post: Aug 18, 2020 9:48am Aug 18, 2020 9:48am
Just found a work around using the MT4 Equidistant Channel.

Not a trendline but at least it doesn't move around. I can also double the lines together to make it seems like it is one line.

https://gifyu.com/image/cjlN

Thanks for the help guys.

BTW, MT5 also has the same trendline moving problem.
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