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Rate of Change Horizontal Line

by QuantShare, 1209 days ago
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Unlike the original horizontal line drawing tool which displays the line price location, this drawing tool creates an horizontal line that displays the price change and rate of change from the line price location to the last visible close price on the chart.

First, download and install this item.
In the "Bookmark Panel" (http://www.quantshare.com/how-264-what-is-the-bookmark-panel), right click, select "Add Shortcut", select "Drawing Tool" then select the "RateOfChangeLine" item to place the drawing tool in the bookmark panel.

Double click on the "RateOfChangeLine" shortcut then move your mouse over the chart. Now, you can see the horizontal line drawing on the chart and displaying the change and rate of change just above it. The text background color turns Green when the rate of change becomes positive (line is below the last visible close price on the chart) and Red when the rate of change becomes negative.


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Type: Custom Drawing Tool

Object ID: 1630


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