TradingCharts

All Drawing Tools

Complete reference for all 89 drawing tools: placement, usage and every setting explained.

Drawing Tools Basics

Place, edit and organise all 87 drawing tools — magnet snapping, Ctrl multi-select, per-interval visibility, style templates and the object tree.

ABCD Pattern

Look for the classic proportions: BC retraces 0.618-0.786 of AB, and CD equals AB (or extends to 1.27-1.618 of it).

Anchored Note

Store your full written trading plan for the day behind one compact marker that never scrolls away.

Anchored Text

Pin your daily bias or market thesis in a corner so it stays visible across all scrolling and zooming.

Anchored VWAP

Anchor to a major swing low: while price holds above that AVWAP, buyers since the low remain in profit and pullbacks to it often find support.

Arc

Trace a rounded bottom or saucer base to show the gradual shift from selling to buying pressure.

Arrow

Point at the specific candle or level that triggered a trade idea when journaling or sharing charts.

Arrow Mark Down

Tag short entries or exits from long positions when journaling trades on the chart.

Arrow Mark Left

Point back at the origin of a supply or demand zone from the current retest so the reference is explicit.

Arrow Mark Right

Place at a key level to indicate you expect price to travel onward from that point in the marked direction of time.

Arrow Mark Up

Tag every long entry on a backtest chart so win and loss clusters are easy to scan visually.

Arrow Marker

Point from a breakout candle to the measured-move target so the expected path is obvious at a glance.

Bars Pattern

Copy the bars from a previous base/breakout episode and lay them over the current base to compare structure bar by bar.

Brush

Circle or underline a messy consolidation area quickly during live analysis when a precise shape tool would slow you down.

Callout

Point at your entry candle with a balloon explaining the setup, keeping the text clear of the price action.

Circle

Ring a single decisive candle, such as an engulfing bar at a key level, so it stands out in a review.

Comment

Drop quick remarks like 'failed retest' or 'strong close' at the bars where they happened during live markup.

Cross Line

Pin a major high or low so its exact price level and its timing both remain marked while you analyze what followed.

Curve

Draw a curved support line under a parabolic advance where straight trendlines keep breaking.

Cyclic Lines

Anchor the two points on consecutive significant lows (or highs) and see whether later lines land near subsequent turns.

Cypher Pattern

Check the defining ratio: D should complete at approximately 0.786 of the XC swing, with C extending 1.13-1.414 of XA.

Date & Price Range

Measure a correction in one action — depth in percent and duration in bars — to compare it against the trend's earlier pullbacks.

Date Range

Time a consolidation against the prior one to gauge whether the current base is mature enough to break.

Disjoint Channel

Frame broadening formations (higher highs and lower lows) where a parallel channel cannot fit the expanding swings.

Double Curve

Sketch a projected pullback-then-continuation path, curving down into support and back up toward the target.

Elliott Correction Wave (ABC)

Project wave C at equality with wave A (or 1.618 of A in extended corrections) to estimate where the correction may complete.

Elliott Double Combo Wave (WXY)

Reach for this label when an apparent ABC finishes but the correction visibly continues sideways instead of resuming the trend.

Elliott Impulse Wave (12345)

Sanity-check the count with the three hard rules: wave 2 never retraces beyond the start of wave 1, wave 3 is never the shortest of 1/3/5, and wave 4 does not overlap wave 1's price territory.

Elliott Triangle Wave (ABCDE)

Use the position rule: a valid triangle usually precedes the last move of the sequence, so expect a terminal thrust after wave E completes.

Elliott Triple Combo Wave (WXYXZ)

Use only after a double-combo count has clearly extended into a further corrective structure — triples are the label of last resort.

Ellipse

Draw a wide, flat ellipse over a stretch of sideways chop you want to avoid trading in the future.

Emoji

Use a consistent emoji code in your journal, for example one symbol for disciplined trades and another for impulsive ones.

Extended Line

Check whether a current trend line, extended backwards, also touched historical pivots — alignment with old highs/lows strengthens the level.

Fib Channel

Use the inner ratio lines (0.382/0.5/0.618) as pullback support within an up-sloping channel, mirroring horizontal retracement logic on a diagonal.

Fib Circles

Watch price behavior as it approaches each arc from inside — arcs act like curved support/resistance that rises or falls with time.

Fib Retracement

The 38.2%–61.8% band is the classic buy-the-dip zone in an uptrend; shallow trends hold 38.2%, normal ones 50%–61.8%.

Fib Speed Resistance Arcs

Trade pullbacks that stall at the 38.2% or 50% arc in a strong trend, with the 61.8% arc as the deeper, last-defense zone.

Fib Speed Resistance Fan

In an uptrend, watch pullbacks to the 0.618 fan line first, then 0.5, then 0.382 — each successive line lost transfers support to the next.

Fib Spiral

Anchor the center at a major high or low and set the first turn through the next significant pivot, then watch later spiral crossings as potential turn zones.

Fib Time Zone

Anchor at a major high or low and watch the 8th, 13th, 21st and 34th bars ahead as candidate turn windows.

Fib Wedge

Set the apex at a significant pivot and the edges along the swing's extremes, then watch the 0.382/0.5/0.618 arcs as retracement zones inside the wedge.

Flag Mark

Flag bars you want to revisit in your end-of-day review, then walk through the flags one by one.

Flat Top/Bottom

Map ascending triangles (rising lows into flat resistance) — repeated tests of the flat top with higher lows favor an upside breakout.

Forecast

Sketch your primary scenario before the session so later price action can be judged against a pre-commitment rather than hindsight.

Gann Box

Anchor the box from a major low (or high) to the extreme of the move, then use the internal levels (1/4, 1/2, 3/4) as retracement and target grid.

Gann Fan

The 1x1 line is the master reference: price above a rising 1x1 is a healthy bull trend, below it the trend is suspect by Gann's rules.

Gann Square

Use the internal price divisions (especially 1/2 and the 3/8–5/8 band) as the retracement grid for the squared swing.

Gann Square Fixed

Use it when you need the 1x1 and related angles to be identical across charts and sessions, unaffected by zoom or the particular swing chosen.

Ghost Feed

Storyboard a full scenario — pullback, base, breakout — so you recognize the sequence if it starts printing in real time.

Head and Shoulders

Wait for a decisive close through the neckline before treating the pattern as triggered, ideally on rising volume.

Highlighter

Sweep across a cluster of high-volume bars to flag where institutional activity likely occurred.

Horizontal Line

Mark levels that have acted as both support and resistance (flip zones) — these attract the strongest reactions.

Horizontal Ray

Anchor the ray at the exact swing high/low or breakout candle that created the level, so you remember why the level matters.

Icon

Build a consistent legend, for example one icon for entries, another for exits, and a third for news events.

Info Line

Measure the size of an impulse leg in price and percent to compare it against prior legs or to size a target.

Inside Pitchfork

Use it when price runs along one tine of a normal pitchfork without ever reaching the median — the inside fork recenters the channel on the actual trend.

Long Position

Read the risk/reward ratio directly off the tool and skip setups below your minimum (many traders require at least 2:1).

Modified Schiff

Apply it to grinding or overlapping trends where both the Andrews and standard Schiff forks slope too steeply to touch price.

Note

Write detailed trade post-mortems at the entry bar, including what you saw, what you did, and what you would change.

Parallel Channel

Buy near the lower boundary and take profit near the upper boundary in an up-sloping channel (trade with the slope, fade the extremes).

Path

Trace the sequence of swings in a completed move to study its structure leg by leg.

Pitchfan

Treat the central ray like a pitchfork median: price gravitating to it confirms the structure, riding an outer ray shows directional pressure.

Pitchfork

Andrews' rule of thumb: price returns to the median line most of the time — trade pullbacks from the tines back toward the median.

Polyline

Outline an irregular accumulation area whose boundary follows swing points rather than a clean rectangle.

Price Label

Stamp the precise value of a swing high or low you plan to trade against, so the exact level is documented.

Price Note

Mark a key level with its price and the reason it matters, for example 'weekly close, held three times'.

Price Range

Measure a completed impulse to size the expected depth of its correction (compare against 38.2-61.8% retracement norms).

Projection

Measure an impulse leg, anchor the third point at the pullback low, and read the projected endpoint as an equality (AB=CD-style) target.

Ray

Project trend-line support or resistance into the future to see where price may meet the line days or weeks later.

Rectangle

Draw supply and demand zones by boxing the consolidation before a strong breakout, extending the box right to watch for retests.

Regression Trend

Treat the regression midline as fair value for the period — price at the upper band is statistically stretched, at the lower band statistically cheap.

Rotated Rectangle

Box a sloped flag or pennant so the drawing follows the pattern's angle instead of forcing a horizontal frame.

Schiff Pitchfork

Reach for it when a standard pitchfork's median line slopes away from price and never gets touched — the Schiff version usually re-engages the swings.

Short Position

Verify the risk/reward ratio before entry — the readout updates live as you drag the stop and target handles.

Signpost

Mark scheduled events such as earnings, dividends, or economic releases at the bars where they occurred.

Sine Line

Fit the wave so its troughs align with two clear swing lows, then read future troughs and crests as timing windows.

Sticker

Celebrate milestone moments, like a target hit on a long-running position, when sharing a chart recap.

Table

Keep a trade plan on the chart with rows for entry, stop, target, and position size.

Text

Write the reasoning for a trade right next to the entry bar so your journal lives on the chart itself.

Three Drives Pattern

Check that each pullback retraces about 0.618 of the prior drive and each new drive extends roughly 1.27-1.618 of the correction — symmetry is the pattern's core requirement.

Time Cycles

Set the period between two prominent lows so each arc boundary projects the next expected trough window.

Trend Angle

Compare the steepness of successive rallies — each steeper rally in a mature trend warns of climactic, unsustainable buying.

Trend Line

Connect at least two (ideally three or more) swing lows to define uptrend support, or swing highs to define downtrend resistance; more touches make the line more significant.

Trend-Based Fib Extension

The 100% extension (measured move — next leg equals the first) is the most common first target for trend continuation trades.

Trend-Based Fib Time

Use the 100% time line as the 'symmetry date' — corrections often consume about as much time as the move that preceded them.

Triangle

Frame a symmetrical or descending triangle pattern by placing corners at the pattern's boundary swings.

Triangle Pattern

Trade the breakout of either boundary, ideally on expanding volume after volume has contracted through the pattern.

Vertical Line

Mark scheduled events (economic releases, earnings, expiry days) so you can see how price behaved before and after.

Volume Profile (Fixed Range)

Draw the profile over a consolidation and use the POC as the range's gravity line — the most accepted price, and a common retest magnet after breakouts.

XABCD Pattern

Validate the structure with ratio checks: for a Gartley, B should retrace about 0.618 of XA and D complete near 0.786 of XA; a Bat completes deeper near 0.886.