The mid-point of the tapered flange of an S section has some significance, as in roughly where any bolts go. Rails are not secured that way, ever, so there's no reason to show a gage line that's not defined.
In a simplified view, I show lines at the theoretical sharp upper outer corner of the flange, and the t.s.c. of the bottom of the rail head, but I'm aware of no standard.
In a detail view, I show lines wherever the curvature changes, as you have, just because it adds clarity and a bit of style. I also, sometimes, truncate all those extra lines, just showing them near rail ends, mostly so the pseudo-shaded rail doesn't dominate the view.
Mike Halloran
Pembroke Pines, FL, USA