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Point to Point Lines Don't Adjust to Time Frame


TomTeej

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Hi there,

Wondered if anyone could troubleshoot this or let me know if I'm doing something wrong?

Point to point lines don't seem to adjust when I drop the time frame. For example, I have one showing a breach with the daily candles:

Daily.thumb.png.386113010a79e95ddf0905a10a4fb29b.png

But dropping to hourly candles, it's nowhere near:

Hourly.thumb.png.9c12e8a16bd3d1490fdd42d2a3fb5884.png

Surely these should adjust like the channels do, or am I missing something, using the wrong tool?

Thanks for any help,

Tom

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Hi @TomTeej

Thanks for the query

The point to point drawing tool remains on the same points regardless of the timeframe. Moving from one time frame to the other will result in different candles at your specified points i.e a point on a 4 hr timeframe will have a different corresponding candle on a 1 hr timeframe. I would suggest trying out one of the indicators, e.g we recently added the SuperTrend. All the best 

Anda

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Hi Anda,

But SuperTrend isn't the same thing.

If I use a channel on a 4 hour, for example. like so:

902789403_4Hour.png.6ff3b6db1ea983b2260dcf73de9801d8.png

It adapts to the same price points when dropping time frames:

840773832_30Min.thumb.png.e172f48d422cac2fb67c15c5c063a21c.png

Is there not a line that can behave like this? I suppose being attached to the price action, rather than stretched between two points in time?

Cheers,

Tom

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On 24/08/2021 at 12:39, TomTeej said:

Hi there,

Wondered if anyone could troubleshoot this or let me know if I'm doing something wrong?

Point to point lines don't seem to adjust when I drop the time frame. For example, I have one showing a breach with the daily candles:

Daily.thumb.png.386113010a79e95ddf0905a10a4fb29b.png

But dropping to hourly candles, it's nowhere near:

Hourly.thumb.png.9c12e8a16bd3d1490fdd42d2a3fb5884.png

Surely these should adjust like the channels do, or am I missing something, using the wrong tool?

Thanks for any help,

Tom

 

On 24/08/2021 at 15:54, TomTeej said:

Hi Anda,

But SuperTrend isn't the same thing.

If I use a channel on a 4 hour, for example. like so:

902789403_4Hour.png.6ff3b6db1ea983b2260dcf73de9801d8.png

It adapts to the same price points when dropping time frames:

840773832_30Min.thumb.png.e172f48d422cac2fb67c15c5c063a21c.png

Is there not a line that can behave like this? I suppose being attached to the price action, rather than stretched between two points in time?

Cheers,

Tom

 

On 25/08/2021 at 16:49, TomTeej said:

Found I can use the trend line, just annoying it stretches across everything...!

Hi @TomTeej

We are working towards making IG trading platform charting developments better to provide a good user trading experience.

We would appreciate it if you could take part in the poll and vote as we are continuously working on adding more chart features to our IG trading platform to make your trading experience better. 

Share your valuable & useful feedback on the blog below:

 

Thanks

 

All the best - MongiIG

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