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Action/Reaction Lines

  • #1
  • First Post: Jan 6, 2008 4:16pm Jan 6, 2008 4:16pm
How do I draw 2 or more parallel lines, one on either side of a trendline that I've drawn on a chart? I can do it simply by selecting it on other charting programs like TNT 4.0 for example, but I'm not familiar enough with MT4 to know. Any help would be greatly appreciated. Thanks in advance.
  • #2
  • Jan 6, 2008 5:24pm Jan 6, 2008 5:24pm
You have the linear regression channel that you can use.



Quoting kc8flq
How do I draw 2 or more parallel lines, one on either side of a trendline that I've drawn on a chart? I can do it simply by selecting it on other charting programs like TNT 4.0 for example, but I'm not familiar enough with MT4 to know. Any help would be greatly appreciated. Thanks in advance.
  • #3
  • Jan 6, 2008 7:01pm Jan 6, 2008 7:01pm
That doesn't allow me to draw more A/R lines. It only allows 1 line on either side, I'd like multiple lines.
  • #4
  • Jan 6, 2008 7:19pm Jan 6, 2008 7:19pm
kc8flq, Unfortunately, mt4 is lacking in this area. There are two tools that I use to draw a/r lines: equidistant channel and fib channel (with .5, 1, 1.5, 2, ect as the fib level properties). If you do not see either of these on your tool bar, right click on the drawing tools and go to customize....a splash screen of tools will come up and allow you to add drawing tools to the tool bar.
  • #5
  • Jan 6, 2008 7:56pm Jan 6, 2008 7:56pm
Thanks AR
Are there tools to add for Andrews Pitchfork warning lines? (extra tines of the fork)
  • #6
  • Jan 6, 2008 7:59pm Jan 6, 2008 7:59pm
Select the trendline(Getting the little move box)
Hold down Ctrl(control)
move line.
It will reproduce another trendline with the same angle.
  • #7
  • Jan 7, 2008 12:17am Jan 7, 2008 12:17am
Quoting C.E.O.
Select the trendline(Getting the little move box)
Hold down Ctrl(control)
move line.
It will reproduce another trendline with the same angle.
That's a neat little trick I just learned a few days ago. It also works on horizontal S/R lines and Andrews Pitchforks. Kewl.
  • #8
  • Jan 7, 2008 1:45pm Jan 7, 2008 1:45pm
Quoting C.E.O.
Select the trendline(Getting the little move box)
Hold down Ctrl(control)
move line.
It will reproduce another trendline with the same angle.
I am referring to your post in the Linuxtroll (rainbow) thread about Cyrox.zip
I do not see your template in that. Also if I put all indicators per your zip files on the chart, I do not get rainbow nor my chart does not resemble your chart on post #166.

I would appreciate if you could provide me with your template or what ever necessary instruction .

Thank You

pakeez
  • #9
  • Jan 11, 2008 9:10am Jan 11, 2008 9:10am
Quoting opie999
That's a neat little trick I just learned a few days ago. It also works on horizontal S/R lines and Andrews Pitchforks. Kewl.
I've been trying it on pitchforks but haven't had any luck at all...
  • #10
  • Jan 12, 2008 6:05pm Jan 12, 2008 6:05pm
When you cntrl+click, make sure your cursor is pointed at the center dot in the middle tine (circled).
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  • #11
  • Jan 13, 2008 4:30am Jan 13, 2008 4:30am
It's ctrl and double-click.
  • #12
  • Jan 13, 2008 5:00am Jan 13, 2008 5:00am
Yes, if the line isn't already active. If it is active, Ctrl+click and drag works.
  • #13
  • Aug 23, 2014 1:30am Aug 23, 2014 1:30am
hell all, noticed his thread.. if anyone is interested, would like to re-ignite it with some current trades using Roger Babsons action reaction analysis
  • #14
  • Aug 30, 2014 9:43am Aug 30, 2014 9:43am
gbpusd daily.. with an indicator sorry... but volatility beckons ok
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  • #15
  • Last Post: Aug 30, 2014 3:55pm Aug 30, 2014 3:55pm
Quoting melv
hell all, noticed his thread.. if anyone is interested, would like to re-ignite it with some current trades using Roger Babsons action reaction analysis
This is "Platform Tech" forum
If you want to discuss trading, do it in the correct forum - "Trading Discussion"
Please Do Not PM Me With Coding Enquiries
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