|
|
Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object
The Reward/Risk drawing tool would allow you to click somewhere on a chart to define a trade entry price, stop price and a target price. It then displays the stop and distance from the entry price as well as the Reward/Risk ratio.
A value of 1 means that the based...
No notes
|
Drawing Tool
Medium
|
|
|
The drawdown line is a drawing tool that plots a horizontal line and displays the drawdown at that price. The drawdown is calculated based on the line level and the highest high visible on the chart.
As an example, say you are displaying the chart of the IWM exchange traded...
No notes
|
Drawing Tool
Basic
|
|
|
Unlike the original horizontal line drawing tool which displays the line price location, this drawing tool creates an horizontal line that displays the price change and rate of change from the line price location to the last visible close price on the chart.
First, download and install this item.
In the "Bookmark...
No notes
|
Drawing Tool
Basic
|
|
|
The price pattern drawing tool allows you to select a price range to create a drawing item from prices in that range.
Once created, you can move this drawing item like any other item.
This price pattern drawing tool can useful in several ways:
- You can for example compare recent price movements...
No notes
|
Drawing Tool
Advanced
|
|
|
Tirone levels can be calculated using the midpoint or the mean method. This drawing tool uses the midpoint method. This technique consists of calculating three lines: The top line, the center line and the bottom line. The top line for example is calculated by subtracting the lowest low from the...
No notes
|
Drawing Tool
Advanced
|
|
|
This object allows you to highlight an area in your trading chart. After you download it and add it to the bookmark panel, double click on "HighlightArea" button and click twice on a chart. Before the first click, select the beginning of the area of the chart you would like...
No notes
|
Drawing Tool
Medium
|
|
|
Sometimes one wants to review/evaluate a certain stop loss by assessing its distances from the last bar in ATR multiples (Average true range). That is what this drawing tool was created for.
When using it, it draws lines for each ATR multiple. So one can see, how much is the distance...
No notes
|
Drawing Tool
Medium
|
|
|
The channel drawing tool draws two parallel lines used to mark a trend channel (Another name for channel tool might be trend channel tool).
It works as follows: Draw a line from one low to the next low. A trend line will be drawn, then move the mouse to the upper...
No notes
|
Drawing Tool
Medium
|
|
|
Each time you click on a chart, this drawing tool creates new lines that connect the current point to the former ones.
This item was created using the custom drawing tool. You can add it to the bookmark panel, by right clicking on that panel, selecting "Add Shortcut", "Drawing Tool" then...
No notes
|
Drawing Tool
Medium
|
|
|
This drawing tool creates a simple trend line with two additional properties:
- The line is colored Green when it is trending up and red when it is trending down
- The trend line displays its length (number of trading bars) and the sum of volume (accumulation) of the bars that occurred...
No notes
|
Drawing Tool
Medium
|
|
|
|
0 1 - Next
|
Sort objects
Subscribe to trading items feed
