Chart Tools

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.

Tip: The right-click context menu for a chart will always show a mini toolbar containing the available chart tool. This way, even if the Toolbar is hidden, tools are easily accessible.

Chart tools overview

TextFree text object in the chart.
Fibonacci RetracementGrid consisting of retracement and projection lines on the basis of two anchor points spaced by Fib. numbers.
Fibonacci ExtensionsGrid consisting of extension lines on the basis of three anchor points.
Fibonacci Time ProjectionGrid projection of the distance between two anchor points into the future (time axis)
Fibonacci Time ZonesVertical grid of line spaced by Fib. numbers.
Fibonacci ArcsArc above a base line with two anchor points whose spacing corresponds to Fibonacci ratios.
Fibonacci FansFan above a base line with two anchor points whose angle spacing corresponds to Fibonacci ratios.
Trend LineLine between two freely settable anchor points
Trend ChannelTrend channel between two freely settable anchor points
Stop LineHorizontal line for marking price levels
Andrew's PitchforkThree lines (one median, one support, one resistance) according to the analysis method by Andrew.
Linear Regression ChannelTrend channel on the basis of a regression line between two anchor points
Gann Line45 degree line according to the analysis method of Grad W.Gann
ArrowArrow between two anchor points (automatic labeling possible)
Guide LineSimple vertical line with date and time
EllipseEllipse with arbitrary dimensions.
RectangleRectangle with arbitrary dimensions.
CircleCircle with arbitrary diameter.
ArcSemi-circle with arbitrary dimensions.

Working with chart tools

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.

Opening the context menu

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

Removing tools with the Manage Objects dialog
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.

Deleting tools from the Manage Objects dialog

To delete all drawing and text objects in the chart, click the icon
in the chart tools group, you will be shown then Manage Objects dialog where all tools in the chart can be selected or removed.

The Manage Objects dialog also provides functions to perform bulk remove operations based on the selected tool in the dialog:
  • Remove all tools
  • Remove only tools before the selected tool
  • Remove all tools of the same type as the selected tool
Multiple tools in the Manage Objects dialog can selected at once by holding the Ctrl key when clicking on them. Selecting the Delete option with multiple selected items will delete them all.

Items will only be deleted when the OK button is clicked, if a tool is not desired to be removed, either click the Undo button next to a tool marked to be deleted, or click Cancel to abort all changes.

Selecting specific tools in a chart

The tools tab of the Manage Objects dialog shows all tools in the selected chart. This list can be sorted, grouped and filtered as desired in order to locate the required tools.

Once an item of interest has been located, clicking on the Select the tool button next to the item will select this tool in the chart (the property inspector will display the items properties). Selecting the Scroll to tool button will scroll the chart to the location of the tool.

To sort the tools by a specific column, click on the column's header (click a second time for a reverse sort).

To group by a specific column, drag the column header to the area above the list (drag the column away form this area to remove the grouping)

To filter the list, hover the mouse over a column header, and click on the little filter icon that appears in the top right of the header. A list of possible filters will be displayed and can be freely selected.

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.