
Standard Line (Alt + T)
Creates a straight line with three control points:- Start point: Controls line origin
- End point: Sets line termination
- Middle point: Adjusts positioning precisely
Arrow
Functions like a Standard Line but adds directional emphasis:- Includes arrow pointer at endpoint
- Highlights directional movement
- Ideal for marking breakouts or trend direction
Ray
Line that extends infinitely in one direction:- Has starting point and direction
- No endpoint (continues to chart edge)
- Perfect for ongoing trendlines
- Eliminates need to redraw as chart develops
Trend Angle
Trend Angle is a drawing tool that allows you to measure and visualize the angle of a price movement directly on the chart. It is useful for evaluating trend strength, momentum, and the steepness of price changes.-
Angle Measurement
Displays the exact angle (in degrees) between the starting point and the projected trend line.
This helps quantify how aggressive or weak a trend is. -
Dynamic Visualization
The angle value is shown directly on the chart near the drawing, updating in real time as you adjust the line.
Horizontal Ray (Alt + Shift + H)
Specialized ray that maintains horizontal orientation:- Extends infinitely to the right
- Maintains consistent price level
- Excellent for support/resistance levels, targets, and stop levels
Specialized Lines
- Horizontal Line (Alt + H): Fixed price level with defined endpoints
- Vertical Line (Alt + V): Fixed time point with defined endpoints
- Cross Line (Alt + X): Creates intersection of horizontal and vertical lines
Parallel Channel (Alt + Shift + C)
Creates trading channel with parallel boundaries:- Two parallel outer lines
- Optional middle line
- Adjustable angle and width
- Configurable to extend infinitely
Pitchfork
The Pitchfork (Andrews’ Pitchfork) projects dynamic support and resistance from a single price swing. You place three points and TakeProfit draws a median line plus two parallel lines that fan out from it — the shape traders use to frame trends, pullbacks, and reversion targets. How to place it:- Select Pitchfork from the drawing tools toolbar.
- Click the first point at the start of the move (the handle origin — usually a pivot high or low).
- Click the second point at the next swing.
- Click the third point at the following swing. The median line extends from the first point through the midpoint of the second and third, with a parallel line running through each of them.
Pitchfork variations
From the tool’s context menu (right-click the fork) you can switch how the median line is calculated, without redrawing:- Schiff Pitchfork — the median line starts from the midpoint between the first two points, shifting the whole fork for a different reaction to the initial swing.
- Modified Schiff Pitchfork — like Schiff, but the starting point accounts for both price and time between the points.
- Inside Pitchfork — a tighter fork drawn inside the swing, useful for narrower channels.
Common Customization Options
All line tools share these settings:- Line properties (color, style, thickness)
- Background color options
- Line extension controls — extend the line left or right beyond the defined points
- Middle Point — toggle visibility of the midpoint marker on the line
- Text editing — add custom text directly to your lines directly on the chart or by using the dedicated text editor block found in the specific line settings menu
- Synchronization levels:
- Global (all charts)
- Workspace (current workspace)
- Channel (linked charts)
- Local (current chart only)
- Lock feature to prevent accidental changes