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Trend Lines Not Matching Up

  • #1
  • First Post: Oct 29, 2013 6:21pm Oct 29, 2013 6:21pm
I have this daily trendline, see below picture

Attached Image (click to enlarge)
Click to Enlarge Name: FakeTrendLine.JPG Size: 92 KB


However, when I change from Daily to the 5 minute chart, I get this:

Attached Image (click to enlarge)
Click to Enlarge Name: 5min.JPG Size: 85 KB


and on the 15 minute chart, I get the same thing:

Attached Image (click to enlarge)
Click to Enlarge Name: 15m.JPG Size: 97 KB


It isn't until I go to the 30 minute chart that I get a dip below the trendline:

Attached Image (click to enlarge)
Click to Enlarge Name: 30m.JPG Size: 107 KB


What explains this phenomena?
  • #2
  • Oct 30, 2013 2:27am Oct 30, 2013 2:27am
Quoting Baggi
I have this daily trendline, see below picture {image} However, when I change from Daily to the 5 minute chart, I get this: {image} and on the 15 minute chart, I get the same thing: {image} It isn't until I go to the 30 minute chart that I get a dip below the trendline: {image} What explains this phenomena?
unfortunately over the years there have been numerous bugs with the trendlines in MT4 and one that seems to have endured is that they can move about when changing timeframe which is what you have happening.
  • #3
  • Oct 30, 2013 5:28am Oct 30, 2013 5:28am
Quoting MaxDoom
{quote} unfortunately over the years there have been numerous bugs with the trendlines in MT4 and one that seems to have endured is that they can move about when changing timeframe which is what you have happening.
I don't think it's a bug as such, just a consequence of not being able to place Object anchors anywhere on the X axis except for a bar . . . for example: a TrendLine set to 11:35 on a M5 chart will be visually moved to 12:00 on a H1 chart . . . even though it is still set to 11:35.
20 pips a day isn't too much to ask . . .
  • #4
  • Oct 30, 2013 5:42am Oct 30, 2013 5:42am
Quoting RaptorUK
{quote} I don't think it's a bug as such, just a consequence of not being able to place Object anchors anywhere on the X axis except for a bar . . . for example: a TrendLine set to 11:35 on a M5 chart will be visually moved to 12:00 on a H1 chart . . . even though it is still set to 11:35.
This has always puzzled me and what you say makes perfect sense.
An excellent explanation.
Please Do Not PM Me With Coding Enquiries
  • #5
  • Last Post: Oct 30, 2013 6:23am Oct 30, 2013 6:23am
Quoting RaptorUK
{quote} I don't think it's a bug as such, just a consequence of not being able to place Object anchors anywhere on the X axis except for a bar . . . for example: a TrendLine set to 11:35 on a M5 chart will be visually moved to 12:00 on a H1 chart . . . even though it is still set to 11:35.
sure, I see what you are saying unfortunately the result is the same.
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