Multi-Charts 2- Drawing Tool for Trade Station
Duplicate horizontal lines and trend-line on all charts in your workspace
$10
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On Trade station charts, Multi Chart Drawing tool allows you to replicate horizontal lines, of trend lines drawn on one chart to other charts of the same trading symbol. In addition, color and style of the drawings are also replicated making them distinct from hand drawn drawings on smaller time frame charts.
For example, using this indicator you can draw horizontal lines, trend lines or rectangles on daily chart of Apple stock symbol, and these drawings automatically get replicated on a 60 minute, or a 5 minutes or on a 1000 ticks chart of Apple.
Specifications:
- Trading platforms supported- Trade Station
- Markets- Stocks, ETF, indexes, futures, and FOREX
- Chart type- Candlestick, bar charts
- Intervals type- Tick, volume, seconds, minutes, days, weeks and months
- Parameters: Channel (Publisher and listener should use the same channel
Description
While analyzing markets, traders often draw horizontal lines, trend lines and rectangles on price chart of symbols. When using trade station, it is not possible to automatically replicate drawings of one chart to other chart of the same symbols in a different time frame. Therefore, traders have to remember the price levels of the higher time frames and then draw them on small time frame manually, causing inconvenience, errors, and loss of productivity.
All charts drawings, resolves this problem. With this tool, you can draw horizontal lines, trend lines and rectangles on a higher time frame of trading symbol and have them automatically replicate on smaller time frame. Tool, even replicates the color and style of the drawing from the higher time frame.
This product comes as two indicators for trade station platform, All charts drawings- publisher, and All chart drawing – listener.
Insert indicator, All charts drawings- publisher, on a higher time frame chart of a trading symbol. Then insert All charts drawings- listener on the smaller time frame charts of the same symbol.
Important considerations:
- Make sure you have all charts on the same workspace
- The parameter channel is same on both the indicators. The default is 11, it is recommended that you leave unchanged
Format Parameters:
Name | Expression | Default Value | Description |
Channel | Numeric |
11 |
Channel number for communication between publisher and listener |