Drawing lines when using logarithmic scale

[Tartan]

I am having problems when drawing lines on my chart while using a log scale. Perhaps there is something that I am missing?

- The cross hair does not stay at the end of the line I am drawing making it awkward to draw the line
- When I copy the line to create a parallel line then the copied version has a different slope
- I do not seem to be able to extend the line beyond the top of the data. For instance in an upward sloping trend, I would like to project the line beyond the the rightmost point into the future

How can I resolve these issues?

[Tartan]

I am trying to use the line function again tonight within a log chart. I am trying to draw an upward sloping diagonal line. But NT7 draws a horizontal line.

The problem that I had earlier cant be replicated, but this new problem now exists.

Hopefully this is clear enough input.

[NinjaTrader_JoshP]

Hi Tartan,

Can you please provide the instrument and period type (1min, 5min, tick chart, etc) you are using for the chart? Thank you.

[Tartan]

The instrument i am using is ES March futures.

[NinjaTrader_JoshP]

Tartan,

Unfortunately I was unable to reproduce. Were you using equidistant charts? Non-equidistant charts? Minute charts or tick charts or maybe some other type of chart?

[Tartan]

I am trying to draw trend lines on for the 6E March contract and am getting the same sort of problem. It's never fully consistent.

I am viewing a 60 minute OHLC chart and when I draw a trend line, then copy and paste it to create a parallel duplicate, then move the copied line to another place on the chart. When I do all of this, then the copied line changes slope as soon as I move it.

On this chart, I am able to extend the line to the right of the data set - so this problem is not appearing.

I really think you need to put some time into testing this issue thoroughly since it is such a basic but important task.

[NinjaTrader_JoshP]

Are you sure you are on 7.0.0.6?

[Tartan]

Hi: Yes, I am using 7.0.0.6.

Here is a link to a screencast that outlines my issues.

http://www.screentoaster.com/watch/stWUlRQ0ZIR19dRVpcWl5fVFVX

Note that:
- I created a line and then copied it to create a parallel line. When I move this copied line then it changes slope
- The "tool" of the crosshair (either an X or a pencil depending upon the context) is not aligned with the middle of the cross hair
- I can get the X/pencil to move to the top portion of the chart but cannot get the middle of the crosshair to move to the top portion of the chart.

[NinjaTrader_Ray]

Josh is out right now but will follow up on this early next week. Thanks for your patience.

[NinjaTrader_JoshP]

Tartan,

I was able to reproduce. We will look into it. Thank you.

[Tartan]

Logarithmic charts problems still persist

I am still having problems with Log charts in NT 7.0.0.8

Below is a link to a video that shows:
- Andrews Pitchfork on a log chart. The lines are not parallel but expand.
- When I copy a line, the copied line is not parallel to the original line.
- When using the fibonacci tool, the fib numbers do not change between linear and log charts. They should.

http://www.screentoaster.com/watch/stWUlRQ0ZIR19aRVhfXVhaVlNQ

[NinjaTrader_Ray]

We will look into, thx.

[NinjaTrader_JoshP]

Tartan,

Your video just shows the end results, but I still do not know how you got to those results. When I tried to reproduce my lines copy as parallel lines and I have no problem with the Andrew's Pitchfork. Please clarify. Thank you.

[terryt]

1)
When I copy and paste a ray on a linear chart, the lines are parallel.
When I copy and paste a ray on a log chart the lines are not parallel.
I would like to create parallel lines on log charts as well as on linear charts.

Of course if I create a parallel line on a log chart it literally maps to a curve on a linear chart and vice versa. And that NT7 is approximating a straight line on a linear scale as a straight line on a logarithmic scale and vice versa. It is ok with me if global sharing of some objects are not well defined.
When it is important I won't share them.

But it would be helpful to be able to draw parallel lines on a log chart.

2)
From the hints earlier in this thread I realized how to manually construct parallel lines. thks.

If I select a ray, copy it, and do not deselect the ray, right clicking on the chart does not indicate that paste is available. Once I guessed to try ctrl-v I got a duplicated line to manipulate. With out a paste prompt in the user interface I was too dense to realize all I needed to do was press ctrl-v.

[terryt]

josh:

try a logarithmic chart that has a wider range.
Maybe a weekly chart over the last year of
something that has at least doubled in value.
The compression from the log chart will be more visually evident.