Trendline BANCA.ASIA 亞洲銀行
Trendline

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Trendlines are also calculated from pivot points. As each upper and lower pivot is being analyzed by the program, the slopes of lines drawn from each pivot to every other pivot are analyzed for total number of touch points, distribution of touch points, for breaks, and for proximity to current price. Touchpoints are areas where regular price bars and/or pivot points are within a minimum acceptable distance of the trendline and breaks are areas along the trend line where the price has pushed through by more than a maximum acceptable amount. Once all of the valid trendlines have been calculated, they are classified by slope of line, total number of touchpoints and proximity to current price. Trendlines are displayed as colored lines of various slopes on the chart.
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