Not sure why the center line would ever move the Green line? It seems like there is a “Double Transform” in the constraining process somewhere.
This is how i would expect a “ Parallel Channel” to behave.
Can you please address this? The tool is awkward to use and take 5X the amount of time to adjust into place and also just as awkward to make adjustments once in place.
If unable to fix the “Tradovate Trend” drawing tool can you please make one that works like the “Tradingview” version posted above?
Ahh yes… This is actually a linear regression line (according to SierraChart). I think it probably should be renamed as such.
Would be nice to see a fibonacci that can be angled (a three-point fib, aka fib channel in TradingView).
I’d also like to see a pitchfork/median line tool (andrews/schiff/mod schiff) with all the bells and whistles that are in SierraChart and TradingView.
Having a fib channel gives the ability to draw action/reaction lines.
A pitchfork, while it can be drawn by hand in tradovate using a line, a fib, and a ray, it would be much better to offer a single one-click access to such a tool.
We’re updating our charts currently and one of the side effects of our update will be that drawing tools will be MUCH easier for us to add. If you wouldn’t mind adding these requests (fib channel, pitchfork) to the forum separately, it will ensure we dont lose track of them and allow us to prioritize based on user popularity
We need a better tool for drawing trend channels… the one currently for use is wonky at best. Is there any plan to address this issue in the near future?
It’s unclear how Tradovate expects us to use the Trend tool. I find it unusable as is. I would prefer it behave like a channel tool.
The problem I have with the Tend drawing tool is that it is anchored by the middle line. The first line drawn is the middle line.
Fix: the first line drawn/ anchor must be the lower line OR the upper line.
When drawing a bullish channel, for example, I join 2 highs (upper line), then adjust the lower line to the previous low and the middle line falls in the middle automatically.
Hopefully Tradovate/ NinjaTrader can fix this. It could help slow the exodus.
Okay, we’re four years later now. What’s the word on this? The trend channel tool hasn’t been improved and isn’t usable in its current state. I don’t think I’ve seen a single new official drawing tool added. The entire drawing toolset is utterly lacking compared to competitors and even to Ninjatrader’s desktop software (now that Tradovate is part of the Ninjatrader umbrella.) Community support should be a supplement to the built-in toolset; it shouldn’t be the only way to get functional tools.
