Why do trendlines appear in different places on different timeframes?

Trendlines are diagonal support and resistance.

well... the thing is that i dont believe in those ones.

Maybe you've stopped believing because you've experienced the same inconsistencies that I just ran into. However, not because trendlines don't work... but due to MT4 charting/broker/feed inconsistencies.

Maybe this discussion will result in some revelation for both of us and you can be Neo and we can be Morpheus and one day we'll be able to say: "He's beginning to belieeeeve"... (If you're not a Matrix fan, you won't get that.... but I just cracked myself up )

On a serious note... Is it reasonable to assume that drawing trendlines on 1H (for a longer-term trader) is the most accurate timeframe. Since all brokers, regardless of time zone will have the same hourly bars?

lol

not a matrix fan here.. but i do know what u talking about! hehe

but the thing is that I personally dont believe.. not because they dont work.. or course they work.. i use them.. but not as triggers... why?

dunno ... i guess my brains is wired differently... is way much easier for me to read price action through support resistances ... but that is MY style...

because we can find tons of successfull methods -igroks overall- relying on very simple chart patterns and trendlines breakouts... but that is him... it works for him.. not for me ...

dunno why ...

of course i draw diamonds, triangles.. but not are my triggers.. just my compasses if i may say.

if u every for example try to draw a trendline using dailies -unless u do it millimetrically at some kind of candle top- u could have several EVEN HUNDREDS of pips difference.. and ... since i am daytrading.. THAT makes it useless for me.

but i wont convert anybody... nor say using them is a bunch of crap.. nah... because what matters is if u make money using them.. DONT EVER DARE TO LEAVE THEM...

regards pip and i had a laugh when i read that matrix analogy.. hehe

The timelines arent drawn correctly because the charts are stetched to fit to your screen.

Right click on the chart and go to properties, then go to the Common tab and use the 'Scale Fix' option and your trendlines will be more precise across all timeframes. The side effect will be its harder to fit the whole chart on screen.

we must be appyling trendlines differently.... mine stay put reguardless of timeframes......h

This is kind of freaky... because as soon as I posted about Neo and Morpheus and "beginning to believe"... it came to me... literally . Here it is:

THE PROBLEM:





THE SOLUTION:





So, changing the trendline anchor made a difference on how the line appears on other timeframes. I think that this is a HUGE lesson (ME!) for those looking for setups on higher timeframes and dropping down lower to time entries/stops/exits. Make sure you verify that chart is displaying the correct information. PHIEWWWW... I'm not crazy. I'm soooo happy

I've had the same problem and no one understood, and YOU SOLVED IT!!!! good work!!!

Nice lines. They stacked up well over time.
(I added the "compro"mise positions between pivot turns, in that area the TL I added, since it works also in the area immediately after the original chart and its two lines.
I also added a couple of midlines, to show how the original lines were such a good guide for price's future positions.
Finally, I dropped the green line, which seemed inconsequential.)

is there anyone else who has found a way around this or we are just going to have to deal with it because we want to time our daily entries on one hour and its a problem sometimes

I don't know if this is the answer you're looking for, but there is a simple explanation for trendlines not being the same on lower timeframes. The low of let's say H1 corresponds to a hourly increment, while the time it hit that low on the lower timeframe could be at :52. So it can change the slope quite a bit.

If you really want to have a H1 trendline showing on a lower timeframe, it is actually a horizontal level for the duration of the hour, then at the next hour the horizontal level changes.

What's staggering is that it's only taken 13 years for someone to post the right answer. Roll on 2035