Speedlines are a method of trend identification that utilizes the idea of dividing a trend into thirds. Speedlines help identify the rate of ascent or descent of a trend (e.g., its speed). To construct a bullish speedline, you need to identify the origin price of the up trend and the highest price of the up trend. The speedline function connects these two points with a vertical line and divides the resulting vertical line into thirds, rendering trend lines from the origin point through the resulting thirds. The converse of this process renders a bearish speedline. Each time a new high is set in an up trend or a new low is set in a downtrend, you need to adjust your speedlines. Theoretically, if a trend is correcting itself, it will usually stop at the 2/3 speedline. If not, prices will seek out the 1/3 speedline. If the 1/3 line is also broken, prices may continue to seek the origin level of the trend. Trends reverse if the origin level is broken. To draw speedlines, follow these steps: 1. Identify the origin of a trend and the highest or lowest point of the trend. 2. Display the Trend Line Functions menu. 3. Select Speedlines. The trend line cursor changes to a pencil. 4. Mark the origin point of the trend. Click the left mouse key. Press 5. Move the pencil to the highest or lowest point in the trend. Press the arrow keys. Drag the pencil by moving the mouse. A horizontal line appears as you move the pencil. 6. Mark the high or low. Click the left mouse key. Press Speedlines are drawn.Drawing Speedlines