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Auto trendline
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oradba View Drop Down
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Joined: 16 Oct 2004
Location: Singapore
Posts: 18 		Post Options Post Options   Quote oradba Quote  Post ReplyReply Direct Link To This Post Topic: Auto trendline
    Posted: 18 Oct 2004 at 12:32pm

Hi,

 

How to use auto trendline for charts?

 

 
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Peter View Drop Down
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Joined: 09 Sep 2004
Location: Australia
Posts: 241 		Post Options Post Options   Quote Peter Quote  Post ReplyReply Direct Link To This Post Posted: 18 Oct 2004 at 1:37pm
Steps to add auto-trendline:
  1. Open the Insert menu and select Indicator
  2. Select the "Trendline -Zig Zag" indicator
  3. Press Finish
The Trendline ZigZag indicator uses the ZigZag indicator to locate peaks and troughs.

If the last peak is lower than the second last peak then a downsloping trendline is drawn through the peaks. And if the last trough is higher than the second last trough then an upsloping trendline is drawn through the troughs. (Note: The indicator will not always be able to find a suitable trendline)

Also, if you open the properties for the indicator and go to the style tab, then you can display the underlying zigzags.
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