Speed Resistance Lines

This is a forum to discuss trading tools and approaches to timing the market.
Post Reply
daveobrien
Posts: 17
Joined: Tue Jul 21, 2015 9:00 pm
Contact:

Speed Resistance Lines

Post by daveobrien » Sun Feb 12, 2017 5:03 pm

Hello Earik
Is there a facility to draw Speed Resistance Lines within W59.
Thanks
Dave
UK

gezza
Posts: 17
Joined: Wed Jul 22, 2015 1:46 am
Contact:

Re: Speed Resistance Lines

Post by gezza » Sun Feb 12, 2017 8:44 pm

Hi Dave
Maybe Earik will have a better answer, but in the meantime you can use the retracement tool, set the required points (eg 1/3, 2/3) and draw trendlines (see picture below). Alternatively, you could use write some code using qscript to do the same thing.

Cheers
Gezza
speedlines.jpg
speedlines.jpg (42.75 KiB) Viewed 10589 times

User avatar
earik
Site Admin
Posts: 477
Joined: Mon Dec 01, 2014 12:41 pm
Contact:

Re: Speed Resistance Lines

Post by earik » Mon Feb 13, 2017 6:33 pm

Hi Dave,

Use the Gann fan for that. If you grab the fan with the pointing-finger cursor, you can dynamically set the slope of the 1x1. So just set that line equal to the swing itself, and all the other lines will fall into place appropriately to match.

Regards,

Earik

daveobrien
Posts: 17
Joined: Tue Jul 21, 2015 9:00 pm
Contact:

Re: Speed Resistance Lines

Post by daveobrien » Mon Feb 13, 2017 11:26 pm

Thanks Earik and Gezza
Dave

Post Reply

Who is online

Users browsing this forum: No registered users and 6 guests