ProphetX has added a new Line Study.

  • Has 3 anchors
    • 1st two clicks establish a trendline/angle
    • 3rd click duplicates trendline but slides along the Y-axis to create a parallel channel

To add this line study to your chart

  • Find the line indicator icon on the bottom tool bar
  • Click on Parallel

Parallel Line Study 1


Example of a Chart with a Parellel  line study

Parallel Line Study 2