Registered: Apr 2011
09-25-11 07:02 PM
Quote from trade2live:
sorry but can't you draw your own lines ? I hate it when a developer starts doing TA with auto lines ans so on .
You can do trendlines, if you could not I would not even consider the software.
Problem is that Worden does it incorrectly.
I will explain.
Say you got two higher lows.
Let's call them Pivot A and Pivot B.
Since the software does not snap the line you draw to the pivots.
User 1 could attach the line a little below pivot B, because the software incorrectly allows you to.
User 2 could attach the line a little above pivot B, again because the software allows you to.
Guess where the meeting point for Pivot C will be for them ?
That's right, completely different!
The correct way is to offer AN OPTION for the computer to snap the line to the exact low of the pivotal bars you choose so you can get precision for Pivot C to minimize errors on projections
Until Worden fixes this, their software is useless to technicians using lines, only the most powerful tool in technical analysis!