Charting and Studies User Guide - CQG.com

Page 194
Trend (Trend)
What it does:
Trend lines indicate a persistent change in price, either upward or downward. More precisely, in
an uptrend, the lower limits of the fluctuation tend to form a straight line, and in a downward
trend, the upper limits conform to a straight line.
When trend lines are on a chart or being placed on a chart, the mouse text box contains the
following additional items:
P Indicates the position, on the price scale, of the pointer.
T Price shown on the trend line at the time of the bar.
S Change in price per day. Therefore, for bars shorter than daily, the slope is multiplied by
the number of bars of the selected time frame in one trading day.
How it works:
Pointer Tools
1. Select the Trend tool. The cursor becomes a pencil.
2. Click the chart to establish a starting point.
3. Move the cursor to the desired angle, and click to park it.
To draw a perpendicular line, press CTRL before you begin.
To draw a parallel line, press SHIFT.
Notice the cursors: