TrendSpider has been known as a charting platform that automates everything on the chart. However, to give users flexibility when using the system and to complement the automated analysis, we have created the ability to draw manual trendlines in the form of rays, vertical lines, and more! Users also now have the ability to measure moves and check statistics on price action! Learn how to use these features below!
Adding Trendlines and Creating Alerts
Step One: Click the “Draw” Dropdown Menu.
Step Two: To Create a trendline, choose from two points on either the wick or body of the candle.
Step Three: Right click on the trendline you would like to create an alert on and choose “Create alert at this drawing”. Choose your criteria in the alert box and click “Create Alert”.
Using The Measuring Tool
Step One: Choose the “Measure” option in the drawing menu.
Step Two: Choose two points at which you would like to measure such as a MACD cross or set of different signals all lining up (shown in the image above).
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