Different time frame charts
Is it possible to create horizontal lines (S& R) and then convert the chart to a lower TF chart without losing the lines? Example; Can I create an hourly chart with support and resistance lines and then convert it into an 5 minute chart and keep the lines? So far, I have lost the lines when I change the setting from hourly to 5 minutes.
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If you are talking about Annotation Horizontal Lines, those are only saved to that specific chart. If you change that chart, the annotations disappear. They are just drawings on that specific chart and if that chart changes, those annotations disappear. You can use the back button on the browser to go back and the annotions should still be there.
I use Horizontal Lines on my charts but they are saved to my chartstyle(s). If you want to, you can add Horizontal Lines using the Overlays section of your chartstyle template.
Just add the Horizontal Line and leave the Parameter blank. Save your chartstyle. Then you can look at your chart in the workbench, and add your horizontal lines values in the parameter. Update the chart, then change the Period (time frame) to your other period and those lines will be on the new time frame as well. You can add mulitiple lines by using a comma between your values.
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Thanks, that's new to me. I'll see if I can figure it out.
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I can't seem to find a link to ChartSchool where they talk about the Horizontal Line Overlay, but you can use them on the Price area of the chart as well as on any of the Technical Indicators. I use them on both and find them valuable.
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