Its brief description:
Labeling — it`s a script that sets labels to Trend lines and Horizontal lines according to their descriptions.
This script comes in two editions — standard (runs only once after it is started) and real-time (works constantly, monitors all lines of the chart to add a label to the line that user just added description to).
Labels take color and text angle from the host line and it is placed in the middle of it.
Text`s angles are set to certain values to provide better readability.
More information you can find here.
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