Trendline

Here is the second custom drawing tool. The first one can be downloaded here Close Price Above Cursor, it displays the selected security's price above the mouse cursor.

The current object draws a trendline. A trendline is composed of two or more points; it is often used in trading as a support or resistance line. Trendlines are an important tool used by traders in technical analysis to identify trends.
This trendline object is almost similar to the default QuantShare trendline, except that it displays the bars and Y distance during drawing.

The object requires two clicks. The script first detects the number of clicks. If this number is equal to one, then we draw a trend line that starts from the first click location and ends at the cursor location.
PointPosition p1 = Functions.ClickPositions[0];
PointPosition p2 = Functions.CursorPosition;
LineObj line = Functions.PaneObject.DrawLine("", p1.X, p1.Y, p2.X, p2.Y);

At the same time, we also draw the number of bars and the Y distance between these two points:
double distance = Math.Abs(p1.X - p2.X);
double distanceY = Math.Round(Math.Abs(p1.Y - p2.Y), 2);
TextObj text = Functions.PaneObject.DrawText("text", distance + ":" + distanceY, p1.X, p1.Y);

If the number of clicks is equal to two, then we draw a trend line that starts from the first click location and ends at the second click location.
PointPosition p1 = Functions.ClickPositions[0];
PointPosition p2 = Functions.ClickPositions[1];
LineObj line = Functions.PaneObject.DrawLine("", p1.X, p1.Y, p2.X, p2.Y);
line.Line.Color = (Color)Functions.GetSettings("Line Color");
Functions.FinishDrawing();

The "GetSettings" function retrieves a custom color for the trendline. You will need to add a setting first. The color can be defined by right clicking on the drawing tool.
To specify that the drawing process of the trendline is complete, we simply call the "FinishDrawing" method.

Technical Analysis

• Covariance
• Drawdown Since Trading Signal
• Moving Average Relative Strength Index (RSI)
• AggZ Indicator
• Percent Bollinger Bands smothed with exponential Moving Average
• Moving Average Ratio
• Stop Trading Based on Your Portfolio Equity Return
• TTF - The Trend Trigger Factor Indicator
• Average Bid/Ask Spread
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• More trading objects...

Fundamental Analysis

• US Stocks: Exchange, Market, Sector, S&P 500, Optionable
• Yahoo News
• Fundamental Valuation Ratios for US Stocks
• Profitability Ratios
• Ratio of Stocks Outperforming/Underperforming Their Industry
• AAII Bull Ratio Sentiment Index
• Market Cap Historical Data for the US Stock Market
• Coverage and Liquidity ratios
• Percentile Rank of PEG, Price/Free Cash Flow and Price/Sales
• Economic events surprise
• More trading objects...