I am doing a study on support and resistance over an extended period and I need to put many horizontal support / resistance lines on the chart as I go over the price data in my test period.
I'm trying to find the best drawing tool and I think I am using the optimal tool right now, but it is still cumbersome and seems to be a bit of a bottle neck in my progress.
I am using plain NT 'lines' and it takes me a while to get them horizontal after I have placed them on the chart.
I do not want to use the 'horizontal lines' tool because that places the line across 100% of the chart, and often the S/R lines are invalidated by price action and so have to "stop" - i.e. the line can't carry on 100% all the time.
Is there a setting I can change on the horizontal line tool to make it limited length? Are there 3rd party drawing tools available? Any recommendations? I think if I can just drop limited length horizontal lines onto my chart, this will save me hours in the long run.
I have also tried snap mode, but S/R lines only start at a price on the y axis, they rarely finish there, so there's nothing on the right for me to 'snap' to, thus I can't use that either.
Thanks.
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