Interactive Triangles Suggestion...

[Alfred]

Interactive triangles per screen shot below would facilitate exploration of chart points with the triangle tool.

A duplicate of setup triangle would be placed automatically at end of first setup line A
as setup is completed.

As setup triangle may be adjusted, the duplicate triangle would automatically reflect all changes.
The duplicate triangle may be moved to any location desired....
similar in manner to the parallel line of trend channel tool.

Thanks....

[NinjaTrader_RJ]

Hello Alfred,

Thank you for your post and suggestion.

With our current Triangle drawing tool, you can draw one triange, then copy and past an exact duplicate of that triangle and place it wherever you would like. In your example, you would move it to one of the triangle end points.

As I'm trying to understand your request, please let me know if this manual copy and paste does what you are requesting.

Thank you.

[Alfred]

Hi RJ...

Am familiar with the copy and paste method with triangles. It can be a bit clunky in testing chart points ...always copy and paste and moving back and forth when changing chart points when exploring.....a bit clunky without question....

With the suggested interactive triangles you are going to automatically get your parallel triangle in the desired first location (similar to the initial trend channel parallel line position) without having to copy and paste and then move the triangle to the first measuring location....and it would then be very easy to change the shape or chart points of your initial setup triangle and have the new points immediately reflected in the parallel triangle that is calling turns etc. ....even quickly on the fly as price is developing....

Small differences in the setup can make a big difference in calling turns accurately.....you definitely want to easily be able to explore the potential ambiguities of chart points.

The interactive triangles would work basically in a similar manner to the trend channel tool...which is very flexible....where one can explore different setups very quickly....the thought is to make the triangles function in a similar manner to the trend channel tool for flexibility and ease of use.....the triangles can potentially be more valuable than the trend channel in that each triangle is calling 2 future chart points .... where the trend channel only calls one future chart point per setup.

My feeling is this suggestion would be a significant improvement for the use of the triangle tool....of course one could remain with the triangle setup as it is now as a formatting option.


Thanks for your time on this...

[Alfred]

Another Chart....

RJ....

Here is the same chart as in post 1 below, but here 2 trend channels have also been applied to the same initial setup line for the initial triangle setup...you can see the end points of the trend channel parallel lines (gold lines) are the same as the parallel triangle end points....both tools call identical chart points....and with the triangle you only have to apply 1 tool for the same results....triangles can be much easier....especially so if this could be an automatic interactive triangle that one could easily adjust as desired....and where one does not have to copy and paste and then move a triangle to the correct chart position as is done now by the Ninja method....

Thanks....

[NinjaTrader_Jason]

Hello Alfred,

Thank you for clarifying and your feedback. I will forward the suggestion to support such a triangle drawing object to development.

[NinjaTrader_Jason]

The suggestion has been assigned to ID# 1762.

[Alfred]

Additional idea on this....

Often the measuring points on a triangle will be some distance above or below the chart action...if you had vertical lines at the 2 triangle measuring points...(the lines would point up or down depending on the position of the current chart to the triangle)....then as the chart reaches the vertical lines, they would then terminate at the chart.

This would enhance ones ability to easily reference the chart action to the triangle measuring points......these lines could be a formatting option....

Screen shot on this below....

....

edit....added an additional screen shot example...