Can someone show me some code snippet to display text below the OHLC Index line?
This is the best I could do from the online documentation.

if (chart != null){
IChartObject Line1 = chart.getChartObjectFactory().createText();
Line1.setColor(Color.BLUE);
Line1.setText("Trade Running",Font.SANS_SERIF, ????? );
chart.addToMainChart(Line1);
}

IHorizontalLineChartObject interface has no method to write text below the line - it is only possible to write some text on the top of it. Consider the following method which writes the text on top of the line.

private void drawHLine(IChart chart, String name, double price, long time) throws JFException {
        if (chart == null  ) {
            return;
        }
        IChartObjectFactory factory = chart.getChartObjectFactory();
        IHorizontalLineChartObject hline = factory.createHorizontalLine("NewhlineKey", price);
        hline.setColor(Color.RED);
        hline.setPrice(0, price);
        hline.setTime(0, time);
        hline.setText(" hline text ", SwingConstants.CENTER);
        chart.addToMainChart(hline);
   }