A Gold Pass member suggested that I create a tutorial that demonstrates how to draw three parallel horizontal lines on a chart. The spacing between the upper line and the middle line and between the lower line and the middle line to be determined by user inputs. The lines would move as a group by selecting and dragging the middle line. As the middle line is moved the upper and lower lines maintain their distance from it.

The following image shows one of the  programs included in a downloadable ELD applied to a GBPUSD 5 minute chart.

The values of the lines are displayed just above the lines (in this case, to four decimal places). If the middle (or red line) is dragged into a new position, then the upper and lower lines also move.

I have bundled four programs together (the two programs created in the first video and the second video--plus programs modified slightly to position the text above the lines and to modify the colors of the lines and the text. The programs were developed for TradeStation 9.0. They may be downloaded for $29.95:

In the following video I demonstrate a simple implementation of this idea. One potential problem with this implementation is that we have to wait for a tick before the program runs and the lines and text are relocated. In a second video (available to Gold pass members) I show how to use the TradeStation Timer and a method to increase the speed at which the lines and text are moved.

Tutorial 72 | Part 1

I have bundled four programs together (the two programs created in the first video and the second video--plus programs modified slightly to position the text above the lines and to modify the colors. The programs were developed for TradeStation 9.0. They may be downloaded for $29.95:

The following video is available to Gold Pass members:

Tutorial 72 | Part 2 | Using the TradeStation Timer and methods

This content is for members only.
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