TradingCharts

Horizontal Line

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

What it draws

Draws an infinite horizontal line at a single price level across the entire chart. It is the standard tool for marking horizontal support, resistance, breakout levels, and other key prices such as prior highs, lows, or round numbers.

How to draw it

  1. Pick Horizontal Line from the left toolbar (Lines group, or press Alt+H).
  2. One point: click at the desired price and the line spans the full chart width. Drag it up or down to fine-tune the level.

How traders use it

  • Mark levels that have acted as both support and resistance (flip zones) — these attract the strongest reactions.
  • Place lines at prior day/week/month highs and lows, session opens, and round numbers where orders cluster.
  • Trade breakout-and-retest setups: enter when price breaks the line, then retests it from the other side and holds.
  • Use the line as an objective reference for stop placement — stops go beyond the level, not at it.

Settings reference

Double-click the drawing (or use its floating toolbar → gear) to open settings:

Setting Control Possible values Default Effect
Extend multi-select Extend left line | Extend right line (dropdown summarizes as Don't extend / Extend left line / Extend right line / Extend both) Don't extend Extends the line past its anchor points to the left and/or right edge of the chart.
Show Price Label checkbox on/off off Shows a price label for the line on the price axis.
Show Date Label checkbox on/off off Shows a date label for the line on the time axis.
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.
[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

  • Support and resistance are zones, not exact prices — expecting reversals to the tick at a single line leads to premature entries and stopped-out trades.