Drawing-tools
Measurement Tools
Quick Measure (Shift + M)
Take instant measurements without leaving marks on your chart:
- Click starting point
- Click endpoint
- View measurement data:
- Price change (absolute, percentage, ticks)
- Bar count (days and hours)
- Trading volume (if available)
Date & Price
Similar to Quick Measure, but remains on your chart:
- Measures both price changes and time periods
- Shows distance in bars/time and price movement
- Displays results in absolute values and percentages
Date Only (Alt + D)
Focuses on temporal measurements:
- Counts bars between points
- Converts to weeks/days/hours (any chosen timeframe on the chart)
- Perfect for timing analysis
Price Only (Alt + Shift + M)
Concentrates on price movements:
- Shows vertical price changes
- Displays movement in absolute values
- Includes percentage calculations
Long-Short Tool (Alt + L)
Visualize potential trades and analyze risk/reward:
Basic Usage:
- Select starting point
- Move up for long position, down for short
- View real-time PnL calculations
Tool Features:
- Take Profit and Stop Loss visualization
- Price movement tracking
- Floating PnL display
- Risk Ratio management
Risk Ratio Settings:
- Fixed Mode:
- Lock specific ratios (e.g., 3:1)
- Prevent accidental changes
- Perfect for strict risk management
- Flexible Mode:
- Adjust ratio on chart
- Modify through settings panel
- Real-time ratio updates
Visual Customization:
- Customize entry point colors
- Adjust take profit markers
- Modify stop loss indicators
- Save as templates for future use
Customization Options
All measurement tools share these settings:
- Line properties:
- Color selection
- Line style (solid, dashed, dotted)
- Line thickness
- Background color
- Template saving
- Drawing sync
- Lock option to prevent accidental changes
Pro Tip: Use Date & Price for complete analysis, or choose specialized tools (Date/Price) when you need to focus on specific measurements.
Was this page helpful?