Sorry if I am beating a dead horse again, but the magic of the 45 degree angle is nothing more than snake oil. UNLESS, as Lee says in his 6:49 2/26/2011 post, there is "more definition to it." He gives the example of adding or subtracting lower studies to a chart, and finding that what was once a 45 degree angle is now not a 45 degree angle.

Wayne in his 18:14 2/26/2011 post alludes to the beauty (naturalness?, divinity?) of geometry and the 45 degree line. I have lived my professional life of over 50 years studying and teaching mathematics and engineering. Graphs are an important part of any engineer's toolkit. I assure you that by proper vertical or horizontal scaling anyone can convert any given angle trandline on a price chart (except 0 or 90 degrees) to 45 degrees, and vice-versa.

I agree with Lee. There has to be more of a definition of a 45-degree trandline. 1-unit of price (and even 1-unit of time) depends on the person who draws the graph.