Line Sync Tool
Posted: Thu Jan 24, 2013 7:17 am
The LineSync indicator is more of a tool than an indicator. It has been developed to aid trading with multiple charts. For instance, when you manually draw support/resistance lines, trend lines, pivot points, or other key levels onto a chart; it’s often really useful to have these same levels and lines copied to a different chart, e.g. a lower timeframe chart of the same instrument. LineSync can do just that.
Lines drawn or imported using the LineSync indicator are stored in a database that other instances of LineSync can access. Furthermore, the lines are persistent and will be remembered even if the original chart is removed.
The indicator supports horizontal (price) lines, vertical (date/time) lines and trend lines. The indicator provides a variety of options for changing the colour, width and style of the lines.
In additional to the internal database, LineSync also allows you to export (or import) to (or from) a file. The file is a ‘csv’ (Comma Separated Value) text file. This file format can be edited by a plain text editor (e.g. Notepad) or Excel.
The following 2 screenshots shows charts of GBP/USD at different timeframes. Both charts are using the LineSync indicator, sharing the same database. Any lines added or changed on one chart will automatically get added onto the other chart, and vice versa.
This indicator is available from my blog for a small fee.
Lines drawn or imported using the LineSync indicator are stored in a database that other instances of LineSync can access. Furthermore, the lines are persistent and will be remembered even if the original chart is removed.
The indicator supports horizontal (price) lines, vertical (date/time) lines and trend lines. The indicator provides a variety of options for changing the colour, width and style of the lines.
In additional to the internal database, LineSync also allows you to export (or import) to (or from) a file. The file is a ‘csv’ (Comma Separated Value) text file. This file format can be edited by a plain text editor (e.g. Notepad) or Excel.
The following 2 screenshots shows charts of GBP/USD at different timeframes. Both charts are using the LineSync indicator, sharing the same database. Any lines added or changed on one chart will automatically get added onto the other chart, and vice versa.
This indicator is available from my blog for a small fee.