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Line studies

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Descriptions and usage

cTrader has a complete set of line studies and chart objects for technical analysis. The line studies toolbar can be found by default at the right of the platform.

Line studies and objects can also be accessed from the Tools main menu.

Multi-Chart Mode

Displays all open charts on screen.

Single Chart Mode

Displays only one chart in the main charts window. Charts are expanded to fill the entire space. In single-chart mode, you can switch between charts by using the different chart tabs at the top.

Free-Chart Mode

Multi-chart mode lets you organize multiple charts into the sizes and position you want.

To change the size / proportions of any chart, click and drag from the side or bottom.

To reorganize position, click and drag from the the top of any chart.

Mouse Cursor

The default mouse pointer, which you can use to move across the chart and modify chart objects.

Crosshair

Shows you the exact time and market price for any point on the chart.

Click and drag on the chart to see the difference in pips and time periods between any two points.

The Crosshair tool also works on indicators, where you can see the difference in value and time periods between any two points.

Market Snapshot

Mouse over any point on the chart to display the following details:

Time Low Date Close Price Volume Open High

The Market Snapshot tool will also show indicator values when indicators are placed on the chart, and can be used in indicator windows to show indicator values for any point on the chart.

Vertical Line

The vertival line is normally used to mark certain chart areas and to easily see where indicator signal points are on the chart.

To place a vertical line, select the Vertical Line tool and click anywhere on the chart.

To reposition the line, click anywhere on the line and drag.

Horizontal Line

The horizontal line is normally used to mark certain areas on the chart, such as support and resistance levels.

To place a horizontal line, select the Horizontal Line tool and click anywhere on the chart.

To reposition the line, click anywhere on the line and drag.

point must be chosen to impose the ‘Vertical line’ on the chart. After the line is set, you can edit the positioning of the line by clicking on it and dragging it elsewhere.

Trend Line

Trend lines are used to mark and analyse market trends and immediate support or resistance levels.

To draw a trend line, select the Trend Line tool and click and drag on the chart between any 2 points.

To move the line, click and drag the middle of the line.

To reposition the two end points of the line, click and drag either end.

Equidistant Price Channel

The Equidistant Price Channel is used to draw 2 parallel trend lines on the chart.

To draw a price channel, select the Trend Line tool and click and drag on the chart between any 2 points.

To adjust the distance between the lines, click and drag the top line.

To move both lines together, click and drag the bottom line.

To reposition the end points of the lines, click and drag either end of the bottom line.

Fibonacci

Fibonacci retracement is used to measure retracements and potential retracements.

To use the tool, click and drag in the direction of a trend between a high and a low. For example, in a downtrend, start at a swing high and draw down to a swing low. In an uptrend, start at the swing low and draw up to a swing high.

To move the tool, click and drag the diagonal line.

To adjust the points, click and drag from either end of the diagonal line.

Rectangle

To draw a rectangle, select the tool and click and drag inside the chart.

To adjust the rectangle, move your mouse over the shape and click and drag any of the points that appear.

To move the rectangle, click and drag any of the lines of the rectangle outside the points.

Ellipse

To draw an ellipse, select the tool and click and drag inside the chart.

To adjust the ellipse, move your mouse over the shape and click and drag any of the points that appear.

To move the ellipse, click and drag on any part of the shape outside the points.

Colors

This option is used to select the color of line studies and objects.

To set the color of new indicators and objects, click the on the Colors tool and select the color you want. The next indicator or chart object you use will take that color.

To change the color of indicators and objects already on the chart, click on the object and then select a color from the Colors tool.

ChartShot

ChartShots is a quick and easy way to share snapshots of your charts in just a couple of clicks.

To take a ChartShot

  1. Click the ChartShot icon in the toolbar.
  2. Move your mouse over the chart you want to use and click once.

Your ChartShot will open from your local folder, in your browser, or both (depending on your settings). Learn more.