Drawing Tools   (click the pictures to enlarge it) Close



Andrews Pitchfork
Andrews' Pitchfork is a drawing tool that helps to predict the support and resistance areas in the trending market. It consists of three parallel lines usually drawn from the three consecutive major peaks or troughs.
Fibonacci Speed/Resistance Arc
Fibonacci Speed/Resistance Arcs are an analytical drawing tool used to determine the direction and speed of the trend reversal and indicate the support/resistance levels. You can draw up to 11 arcs based on any selected distance percentages as well as on the Fibonacci percentages.
Fibonacci Speed/Resistance Fan
Fibonacci Speed/Resistance Fan is an analytical drawing tool used to indicate the support and resistance levels of an existing trend and the price level at which possible changes (rise or fall) in the trend may occur. You can draw up to 11 lines based on any selected distance percentages as well as on the Fibonacci percentages.



Text
Text is a non-analytical drawing tool used to display text, the user's remarks and so on directly on a chart.
Retracement Calculator
The Retracement Calculator computes the price retracement in percents in order to anticipate future trading opportunities.
Fibonacci Time Zones
Fibonacci Time Zones are an analytical drawing tool represented by a series of vertical lines which are used to indicate significant price movement near them. These vertical lines are spaced according to the Fibonacci number sequence (1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89).



Ellipse
An Ellipse is a non-analytical drawing tool drawn for the purpose of highlighting the necessary segment of a chart.
Rectangle
A Rectangle is a non-analytical drawing tool drawn for the purpose of highlighting the necessary segment of a chart.
Gann Fan
A Gann Fan is an analytical drawing tool used to indicate time and price movements from important highs and lows and identify price breakouts. The angled lines fan from the selected point. They indicate a time to price relationship that may be relatively fast or relatively slow, depending on the size of the Gann angle.



Extended Line
An Extended line is a trend line extended to the left and to the right. It is an analytical drawing tool used to indicate the past and future direction of the price movement.
Extended Parallel Lines
Extended Parallel Lines are the parallel trend lines extended to the left and to the right. They delineate the Equidistant Channel in which the market trades.
Ray Parallel Line
Ray Parallel Lines are the parallel trend lines extended to the right only. They delineate the Equidistant Channel in which the market trades.



Parallel Line
Parallel lines are trend lines used to delineate the Equidistant Channel in which the market trades. The upper horizontal line is the resistance line. The lower horizontal line is the support line. If either of these lines is penetrated there may occur a price breakout.
Horizontal Parallel Lines
Horizontal Parallel Lines are parallel lines used to delineate the Equidistant Channel in which the market trades. The upper horizontal line is the resistance line. The lower horizontal line is the support line.
Fibonacci Retracement
Fibonacci Retracement is an analytical drawing tool used to examine the support and resistance levels as well as price breakouts. It is represented by a series of horizontal lines which intersect the trend line (drawn between two extreme points) at the Fibonacci levels or at the selected distance percentages between the beginning and the end of this trend line.



Ray Line
A Ray Line is a trend line that can be extended to the right only. It is an analytical drawing tool used to indicate the possible future direction of the price movement.
Trend line
A Trend line is an analytical drawing tool used to indicate the direction of price movement.
Horizontal Line
A Horizontal Line is an analytical drawing tool used to indicate price levels as well as the support and resistance levels. However, you should apply other analysis techniques to confirm price breakouts and make more precise decisions.



Regression Channel - Segment High-Low
This is a channel base don the regression line, which can be calculated from Open, High, Low, Close values. The upper line is based on the maximal value for the period, the lower - on the minimal.
Regression Channel - Standard Deviation
A Standard Deviation Channel is calculated by drawing two parallel equidistant lines based on a specified number of standard deviations above/below the Regression line.
Regression Channel - Raff Regression
Raff Regression is an analytical drawing tool developed by G.Raff and used to precisely define a price trend and its boundaries with regard to the support and resistance levels. The Raff Regression Channel is represented by two parallel equidistant lines drawn above and below the Linear Regression line and based on the maximal upward or downward oscillation.



Fibonacci Trend-Based Time Lines
Fibonacci Trend-Based Time Lines is an analytical drawing tool used to predict the future price corrections and examine the support and resistance levels as well as price breakouts. It is represented by a series of vertical lines at date/time levels that shows probable price corrections in an existing trend.
Regression Channel - Standard Error
A Standard Error Channel is calculated by drawing two parallel equidistant lines based on a specified number of standard errors above/below the Regression line.
Arc
An Arc is a non-analytical drawing tool represented as an arched line and drawn for the purpose of highlighting the necessary segment of a chart. Arcs can be of any formations that is has any inclination angle.



Gann Square
The Gann Square is created by drawing a Gann Fan from each corner of a square.