What it draws
Combines the two measurement axes in one gesture: a rectangle whose readout reports price change, percentage move, bar count and elapsed time between two chart points. It is the standard tool for characterizing a full swing in both dimensions.
How to draw it
- Pick Date & Price Range from the left toolbar (Measure group).
- Two clicks: click at the first corner (start bar and price) and again at the opposite corner (end bar and price). The chart draws the measurement rectangle with combined price and time statistics.
How traders use it
- Measure a correction in one action — depth in percent and duration in bars — to compare it against the trend's earlier pullbacks.
- Characterize a trading range (height and length) before planning breakout targets from it.
- Compute the slope of a move informally: large price change over few bars flags climactic action, small change over many bars flags absorption.
- Archive measured swings on higher timeframes as a reference library of how this instrument typically moves.
Settings reference
Double-click the drawing (or use its floating toolbar → gear) to open settings:
| Setting | Control | Possible values | Default | Effect |
|---|---|---|---|---|
| Color | color | any color (theme color picker) | #05B878 | Main stroke color of the drawing — lines, outlines and (unless overridden) labels derive from it. |
| Line Width | select | 1px | 2px | 3px | 4px | 2px | Stroke thickness of the drawing’s lines and outlines. |
| Line Style | select | Solid | Dashed | Dotted | Solid | Dash pattern used for the drawing’s lines. |
| Fill Color | color | any color | #05B878 | Interior fill color of the shape/zone. |
| Fill Opacity | slider | 0–100 | 10 | Opacity of the interior fill (0 = invisible, 100 = solid). |
| Line Color | color | any color | same as the drawing color | Color of the range’s border/measure lines and arrows. |
| Background | color | any color | drawing color at 10% alpha | Background tint of the measured range area. |
| Fill Background | checkbox | on/off | on | Toggles the background tint of the measured area. |
| Label Color | color | any color | same as the drawing color | Color of the measurement text (price change, bar count, date span). |
| [Tab] Text — Text | checkbox + textarea | on/off, with a multiline text box for the label content | off (on when the drawing already carries text) | Enables an attached text label on the drawing; typing in the box auto-enables it and updates the label live. |
| [Tab] Text — Text Color | color | any color | same as the drawing’s line color | Color of the attached text label. |
| [Tab] Text — Font Size | select | 8, 10, 11, 12, 14, 16, 18, 20, 24, 28, 32, 36, 48, 64, 72 | 14 | Point size of the attached label text. |
| [Tab] Text — Bold | checkbox | on/off (B toggle button) | off | Renders the label in bold. |
| [Tab] Text — Italic | checkbox | on/off (I toggle button) | off | Renders the label in italics. |
| [Tab] Text — Word Wrap | checkbox | on/off | off | Wraps long label text onto multiple lines instead of one long line. |
| [Tab] Text — Text alignment (vertical) | select | Top | Middle | Bottom | Top | Vertical placement of the label relative to the drawing. |
| [Tab] Text — Text alignment (horizontal) | select | Left | Center | Right | Center | Horizontal placement of the label relative to the drawing. |
| [Tab] Coordinates | number + datetime | one row per anchor point: price (number, step 0.05) and local date/time | the drawing’s current anchor values | Edits anchor geometry numerically — changing a point’s price or time moves the drawing live on the chart. |
| [Tab] Visibility | checkbox + number range | interval buckets: Ticks; Seconds 1–59; Minutes 1–59; Hours 1–24; Days 1–366; Weeks 1–52; Months 1–12; Ranges (each bucket has an on/off checkbox, most also a from–to range) | visible on all intervals | Per-timeframe visibility rules — untick a bucket to hide the drawing on those chart resolutions, or narrow the from–to range within a bucket. |
Editing & managing
- Move / adjust: drag the drawing or any anchor handle; magnet mode snaps points to OHLC values.
- Clone / lock / hide / delete from the floating toolbar or right-click menu.
- Templates: save the current style from the settings dialog and reapply it to new drawings.
- Every action is undoable (⌘Z / Ctrl+Z).
Watch out for
- The single rectangle invites anchoring on convenient corners — measure wick-to-wick or close-to-close consistently, or comparisons across swings become meaningless.