Trend Lines
The trend line is an old and popular chart analysis tool. The program
s powerful trend line drawing capabilities, combined with features such as time shift and logarithmic scaling, provide a strong foundation for trend identification. The uses of trend lines are many and varied. Many books have been written about trend lines and geometric chart formations. Many of these formations are easily constructed but beyond the scope of this manual. Some of the simplest applications of trend lines include:
Horizontal Support and Resistance Bullish Support Bearish Resistance Parallel Lines, or ChannelsSee also:Entering Trend Line ModeDrawing a Trend LineGann SquaresGann Time Price AnglesSpeed LinesFibonacci Retracements Price Channels
Andrews' PitchforkTrend Line CommandsTrend Line Keystrokes