From Fibonnaci Retracements to Gann Fans, TradingLite offers a wide range of highly customisable drawing tools.
This guide was written to ensure that you are able to utilise these tools to their fullest extent.
To the left of your TradingLite browser window, you will find the Drawing Toolbar:
Currently there are 3 different crosshair modes available to use.
- Dashed horizontal/vertical
- Solid horizontal/vertical
- Hidden horizontal/vertical
The magnet toggle allows you to quickly ‘snap’ to OHLC (Open, High, Low, Close) values on the chart, enabling the ability to accurately draw or measure between various points.
Quickly hide or show all of your drawings via the toggle.
Pressing the 'padlock' icon allows you to lock all of your current drawings in place to prevent accidental selection preventing movement or deletion.
Note that once the Lock Drawings is selected/locked, you will not be able to add additional drawings until you unselect/unlock.
You can also lock drawings individually by pressing the padlock icon within the mini menu that is displayed on completion/selection of a drawing.
- Parallel Channel
- Horizontal Ray
- Vertical Ray
- Fibonacci Retracement
- Fibonacci Extension
- Gann Fan
The drawing tools have the following options available via the mini menu, that is displayed upon completion/selection:
- Line thickness (in px) - Click to change
- Line style (solid, dash, dots) - Click to change
- Padlock - Lock/Unlock this particular drawing
- Cog - Manually selection of Line Colour, Thickness and Style, in addition to editable coordinates
- Trash Can - Delete
A double click will allow manual selection of the drawings’ parameters.
Missing a particular drawing tool? Or style option? Have a browse over at our Suggestions/Feedback area. Make sure you search to determine if your suggestions has not already been mentioned. If so, give it a vote! If not, feel free to create a new suggestion.
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