Shapes

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Circle (Alt + O)

A versatile tool for highlighting significant chart areas.

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Usage

• Highlight important price areas
• Mark peaks and valleys
• Identify overbought/oversold regions
• Draw attention to price spikes

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Drawing Steps

1. Select the Circle tool from the drawing toolbar or use Alt + O
2. Click to set the center point
3. Move cursor to desired radius
4. Click again to complete the circle

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Customization

• Line color and thickness
• Line style (solid, dashed, dotted)
• Fill color and transparency
• Enable/disable fill

Note: As chart scaling changes, the circle maintains its shape while chart proportions may change. This can affect which price areas remain highlighted.

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Rectangle Tool (Alt + R)

The Rectangle tool is used to visually highlight price zones and time ranges on a chart. It is commonly applied to mark consolidation areas, support and resistance zones, and key price regions used in technical analysis.

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Drawing a Rectangle

1. Select the Rectangle tool from the drawing toolbar or press Alt + R
2. Click on the chart to set the first corner
3. Drag the cursor to define the opposite corner
4. Release the mouse to place the rectangle

After placement, the rectangle can be resized or repositioned by dragging its anchor points.

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Style Settings

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Line

• Enable or disable the rectangle border
• Change line color
• Adjust line thickness
• Select line style (solid, dashed, dotted)

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Background

• Enable or disable background fill
• Set background color
• Adjust transparency to keep price action visible

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Extension Options

The Rectangle tool supports directional extensions that allow zones to project beyond their original boundaries.

• Extended Top — extends the upper boundary infinitely upward
• Extended Bottom — extends the lower boundary infinitely downward
• Extended Right — extends the rectangle forward into future bars
• Extended Left — extends the rectangle backward into past bars

Extension options can be enabled independently and are useful for:

• Projecting support and resistance zones into the future
• Defining price ranges without fixed vertical limits
• Keeping historical zones relevant on live charts

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Middle Line

• Enable Middle Line to display a horizontal 50% level inside the rectangle
• Useful for:
  • Identifying equilibrium levels within a range
  • Tracking mean price reactions
  • Structuring accumulation and consolidation zones

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Additional Controls

• Visibility toggle — quickly show or hide the rectangle
• Templates — save and reuse predefined rectangle styles
• Reset settings — restore default rectangle parameters

The Rectangle tool is a flexible building block for both short-term trade planning and higher-timeframe structural analysis.

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Triangle Tool (Alt + G)

The Triangle tool is used to draw three-point geometric shapes on a chart. It is primarily applied to highlight classical triangle-based price structures, trend contractions, and directional breakouts in technical analysis.

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Drawing a Triangle

1. Select the Triangle tool from the drawing toolbar
2. Click on the chart to place Point A (base point)
3. Click again to place Point B
4. Click a third time to place Point C and complete the triangle

After placement, each point can be moved independently to refine the shape and align it precisely with price action.

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Style Settings

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Line

• Enable or disable triangle borders
• Change line color
• Adjust line thickness
• Select line style (solid, dashed, dotted)

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Background

• Enable or disable background fill
• Set fill color
• Adjust transparency to preserve chart readability

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Anchor Points and Context Actions

Each triangle point (A, B, C) can be selected individually. From the context menu, you can:

• Draw horizontal or vertical lines from a specific point
• Draw a horizontal ray from a selected vertex
• Use point-based references for precise level marking

This allows the triangle to act as a structural anchor for additional technical tools.

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Practical Applications

The Triangle tool is ideal for marking classic chart patterns:

• Symmetrical triangles (converging trendlines)
• Ascending triangles (flat resistance, rising support)
• Descending triangles (flat support, falling resistance)
• Pennants and flags, etc.

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Ellipse Tool (Alt + Shift + O)

The Ellipse tool creates oval-shaped highlights to emphasize important chart areas. More flexible than a circle, the ellipse can be stretched to cover elongated price regions or time periods.

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Drawing an Ellipse

1. Select the Ellipse tool (Alt + Shift + O)
2. Click to set the starting point
3. Drag to define the shape and size
4. Click again to complete the ellipse

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Customization Options

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Line Properties

• Adjust line color
• Change line thickness
• Select line style (solid, dashed, dotted)

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Background Options

• Set fill color
• Control transparency
• Enable/disable background fill

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Practical Applications

• Highlight price gaps in the market
• Mark overbought or oversold regions
• Circle significant price peaks and valleys
• Emphasize divergence between price and indicators
• Identify seasonal or cyclical price patterns, etc.

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Curve Tool (Alt + K)

The Curve tool creates a flexible curved line that can be adjusted to follow price movements that aren’t straight. Unlike straight trendlines, the curve can adapt to gradually changing market conditions.

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Drawing a Curve

1. Select the Curve tool (Alt + K)
2. Click to place the starting point
3. Click again to set the end point
4. Adjust the curvature by moving the middle control point
5. Click to finalize the curve

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Customization Options

• Change line color and thickness
• Adjust line style (solid, dashed, dotted)
• No fill option - curve is a line only

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Practical Applications

• Draw curved trendlines for non-linear price movements
• Map gradual transitions in market sentiment
• Highlight rounded tops or bottoms
• Create custom support and resistance curves
• Draw freeform annotations

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Arc Tool (Alt + Shift + K)

The Arc tool creates a curved segment with fill capability. Unlike the Curve tool, the Arc forms a sector shape with the area between start and end points filled.

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Drawing an Arc

1. Select the Arc tool (Alt + Shift + K)
2. Click to set the starting point
3. Click to place the ending point
4. Adjust the curvature using the control point
5. Click to complete the arc

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Customization Options

• Line color, thickness, and style
• Fill color and transparency
• Enable/disable background fill

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Practical Applications

• Highlight cup and handle chart patterns
• Mark cyclic price movements
• Visualize price projections based on historical swings
• Identify rounded reversals
• Create Fibonacci arcs manually