RightEdge - The Ultimate Backtesting and Trading System Development Platform
This object is not a free form channel. It uses the price data on the chart to determine the direction of the lines. The first point is the left point. The second point specifies the right point of the channels.
To draw a downtrend channel, select the object from the Chart Objects Pane and drop it on to an open chart.
There are appearance aspects of this object that can be changed in the Properties Pane.
Color Changes the color of the object.
Smoothing Mode Sets the drawing type of this object. Default draws a normal line. Anti-alias draws a smoother line at the expense of drawing performance.
Width This sets the size of the pen used to draw the outline of this object. A larger number indicates a thicker line.
Transparency The level of transparency given to this object. Valid numbers are 0-255, where 0 is invisible or completely transparent and 255 indicates no transparency.
Open End Indicates whether or not the end lines are open, or will continue until the end of the chart.
Open Start Indicates whether or not the start lines are open, or will continue until the beginning of the chart.
Percentage The percentage that the up or down lines are drawn away from the center line.
Show Aux Line The auxiliary line are vertical lines that are drawn at either end of the start and end points. Select True to display these lines.
Show Center Line Indicates whether or not the center line will be drawn.
Show Down Line Indicates whether or not the lower line will be drawn.
Show Up Line Indicates whether or not the upper line will be drawn.