Aron, Dennis, Thanks for your replays. They are very interesting. Aron's script is good for AB session duration and although it does not allow point modification (once selected) it is a good starting point. Thank you Aron. Dennis you are right regarding point location modification when in study drawing mode. I was using another software before, which was collecting points via PARAM before the script execution (you had to specify how many). During script execution you could use keys (e.g. Ctrl) to interrupt execution and switch to the drawing mode. In this mode points were highlighted, so you could grab a handle and adjust them. Once the Ctrl key was released the script returned to the execution mode. Points coordinations were stored within the indicator and were applicable to the security symbol for which the points were collected, not just Chart_Id. In my opinion studies apply to security symbols not to some artificial Charts_Ids. Depending on the displayed timeframe studies are visible and accurate on some or hardly visible and rather useless on others. Ability to create custom studies through simple mouse clicks and software interpretation with the ability to store them permanently (as long as required) gives the user an incredible power to do almost anything. That's what the interaction between the user and the chart is all about. Thanks for your input.
AF