Is it possible to add the ruler feature?
Author: anytrade
Creation Date: 10/17/2009 3:06 AM
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anytrade

#1
Some times we need to know the volume or the golden radio lines (e.g. 33%, 50%, 66%, etc) between the valley and peek of the price curve over the specific period. Will it possible to add this feature in the coming version?

In addition, I've found there those indicator lines/figures (e.g. SMA, especially BB band with between the wide jump up/down bars) always occupied full swing of the top-bottom of the chart window because the existing design of WL.NET always calculates those indicators and fits them within the price axis, it then causes the actual prices amplitude becomes too small visually. I suggest to add an option which the user can able to choose whether the price axis needs to fit the indicator or not.

Thanks
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ecorderob

#2
Hi,

I have found this old post over here but without answer. I was looking for some ruler to be able to define my target prices but I could not find any, I suppose that feature is not implemented yet.

Do you have that in mind?

Thanks,

Enrique
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Cone

#3
% change in the closing price between the end points of a trendline was added (see Trendline Properties), but it's not really useful to project new targets.

I've got a handful of drawing tools in mind that I'd like to implement, but unfortunately they're low on the priority list at the moment :(
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ecorderob

#4
Yeah, I know how those priority lists work :)

At least it is good that you don't forget it. Thanks a lot!
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Cone

#5
By the way, how do you envision your "ruler" being implemented? How do you use it and how does the result appear in the chart?

Note that many of the drawing tools can be implemented in a script to perform the operation automatically, which can be useful for backtesting and/or generating Alerts for an entire DataSet.
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ecorderob

#6
Yes, I know but my need is not for designing a system.

Usually when my one of my systems gives me many options to invest and I have to choose between those, I analyze those from a technical point of view.
For me it would be great if I could set two points and it would draw a line with the price diference between those in percentage. In that way that you could see on the screen how that difference is changing while you are moving the second point.
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Cone

#7
That one is already on my list :)
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