This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
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Unlike the original horizontal line drawing tool which displays the line price location, this drawing tool creates an horizontal line that displays the price change and rate of change from the line price location to the last visible close price on the chart.
First, download and install this item.
In the "Bookmark Panel" (http://www.quantshare.com/how-264-what-is-the-bookmark-panel), right click, select "Add Shortcut", select "Drawing Tool" then select the "RateOfChangeLine" item to place the drawing tool in the bookmark panel.
Double click on the "RateOfChangeLine" shortcut then move your mouse over the chart. Now, you can see the horizontal line drawing on the chart and displaying the change and rate of change just above it. The text background color turns Green when the rate of change becomes positive (line is below the last visible close price on the chart) and Red when the rate of change becomes negative.
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.
