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 Chart Tools |
Chart tools are the basic tools for your chart analysis. Tradesignal offers you a wide variety of chart tools that are flexible and can be individually configured. Many of the tools offer additional features like duplicating, extending, mirroring and free positioning. You can also change the graphic display settings of tools.
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| Text | Free text object in the chart. | - |
| Fibonacci Retracement | Grid consisting of retracement and projection lines on the basis of two anchor points spaced by Fib. numbers. | Ctrl + W |
| Fibonacci Time Projection | Grid projection of the distance between two anchor points into the future (time axis) | - |
| Fibonacci Time Zones | Vertical grid of line spaced by Fib. numbers. | - |
| Fibonacci Arcs | Arc above a base line with two anchor points whose spacing corresponds to Fib. ratios. | - |
| Fibonacci Fans | Fan above a base line with two anchor points whose angle spacing corresponds to Fib. ratios. | - |
| Trend Line | Line between two freely settable anchor points | Ctrl + T |
| Trend Channel | Trend channel between two freely settable anchor points | Ctrl + R |
| Stop Line | Horizontal line for marking price levels | Ctrl + Q |
| Andrew's Pitchfork | Three lines (one median, one support, one resistance) according to the analysis method by Andrew. | - |
| Linear Regression Channel | Trend channel on the basis of a regression line between two anchor points | - |
| Gann Line | 45 degree line according to the analysis method of Grad W.Gann | - |
| Arrow | Arrow between two anchor points (automatic labeling possible) | - |
| Guide Line | Simple vertical line with date and time | - |
| Ellipse | Ellipse with arbitrary dimensions. | Ctrl + E |
| Rectangle | Rectangle with arbitrary dimensions. | - |
| Circle | Circle with arbitrary diameter. | - |
| Arc | Semi-circle with arbitrary dimensions. | - |
Inserting a drawing object
To use a chart tool for entering a drawing or text object, click the respective icon. Then click into the chart and enter the object. The detailed proceeding depends on the tool: for a line, you have to enter two anchor points, for a circle you only have to click into the chart once and then drag the cursor to draw the circle.To open the context menu of a drawing object, right-click the object.
Moving and shaping drawing objects
Drawing objects can be moved freely and shaped in the chart, as long as the snap mode isn't active.
- To move whole objects, click on the object. A small hand or, depending on the object, a double arrow appears. Keep the left mouse button pressed and drag and drop the object.
- To change the shape of a drawing object, e.g. for moving a single anchor point or for changing the dimensions of a circle, click the anchor or boundary point, keep the mouse button pressed, and move the point.
In the case of trend lines, trend channels and Fibonacci retracements, you can also extend the line into the moving direction by double-clicking one of the anchors points. Alternatively, you can also choose
Extend left or
Extend right from the context menu. The extended line ends at the edge of the chart. No additional anchor points are inserted.
Duplicating objects
You can duplicate every drawing or text object by double-clicking the object or by choosing
Duplicate from the context menu. Upon duplication, all graphic properties like color, opacity, style, entered text or other specific settings are copied 1:1.
In the case of trend lines and channels, three additional duplication methods are available:
- When you press the CTRL key while double-clicking the object, the object is duplicated and the resulting copy is mirrored on the y-axis. This way, the moving direction is inverted.
- When you press both the CTRL and Shift keys while double-clicking the object, the object is duplicated and the resulting copy is mirrored on the x-axis.
- When you press the SHIFT key while double-clicking the object, the object is duplicated and the resulting copy is moved to the end point of the original object in moving direction. This way, lines and channels of the same direction and angle can be lined up with the first object.
Deleting drawing objects
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| Remove all tools prompt |
To delete a single drawing or text object, select the object (in select mode) and press the Del key. Alternatively you can choose
Delete from the context menu. If there are several objects under the mouse cursor, a selection list will be displayed. There will be no further confirmation dialog.
Note that if there is only one security in the chart and you accidentally selected it, the chart might be deleted. This cannot be undone.
To delete all drawing and text objects in the chart, click the icon
(Clear all) in the chart tools group you will be prompted which tools you want to remove.
Leaving the drawing mode
You can leave the chart tool mode by
- right-clicking within the chart
- by clicking the select tool in the chart tools group.
Note that with the icon
(Auto reset) in the chart tools group, you set a configuration so that after each chart tool use, the application automatically reverts into the select mode.
Settings and Properties
Snap mode
Click the magnet icon
to activate the snap mode. In the snap mode, the anchor points are drawn to the closest high or low point for exact positioning.
Example: If you set the first anchor point of a trend line close to a low point and then move the second anchor point across the chart, it will move along the other low points.
Auto Reset
The standard setting is that once you selected a chart tool, you can enter as many objects into the chart as you want. This is the optimal setting for e.g. entering a multiple line chart analysis.
However, if you don't want to do that, you can use the auto reset mode. To set this option, click the
icon. Upon auto reset, the application automatically reverts into select mode after each use of a chart tool. To add another drawing object, you then have to select a chart tool again.
Click the
icon again to leave the auto reset mode.
Display preferences
In the property inspector you can edit various display settings for the objects. To change these settings, select the object and then click the respective property.
Alerts and drawing objects
You can assign alerts to drawing objects. You can find more about this option in the chapter
Alerts.
Save your settings as standard
To save your personal settings as the new default for a tool, click the disc icon at the top of the property inspector and confirm the prompt with OK.
The next time you use a chart tool, your saved settings will be used.