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Drawing Tools Guide

Overview

Drawing Tools automatically draw lines on your chart at specified times and price levels. Use them to mark session opens, important times, or recurring price points without manually drawing each line.

Accessing Drawing Tools

Navigate to Tab 7 (Drawing Tools) in the right panel to manage your automatic drawing tools.

Tool Types

Vertical Lines

Automatically draws vertical lines at specific times.

  • Use for: Session opens, session closes, key trading times
  • Example: Mark market open at 9:30 AM every weekday
  • Requires: Time and timezone selection

Horizontal Lines

Automatically draws horizontal lines at OHLC (Open, High, Low, Close) prices.

  • Use for: Prior day high/low, opening price levels, closing price reference
  • Example: Draw line at previous day's close every morning
  • Requires: Time, timezone, and OHLC value selection

Creating a Drawing Tool

  1. Navigate to Tab 7 (Drawing Tools)
  2. Click Add Drawing Tool
  3. Select Tool Type (Vertical or Horizontal)
  4. Enter a Tool Name (e.g., "Market Open", "Prev Day High")
  5. Select Weekdays when the tool should draw (Mon-Sun)
  6. Choose a Line Color
  7. Set the Time when the line should appear
  8. Select the correct Timezone
  9. For horizontal lines: Choose OHLC Value (Open, High, Low, or Close)
  10. Click Create Tool

Using Drawing Tools

Enabling Tools

  • Click a tool button to enable it
  • The button highlights when active
  • Lines automatically appear on the chart
  • Up to 12 tools can be active at once

Disabling Tools

  • Click an active tool button to disable it
  • All lines from that tool are removed

Deleting Tools

  • Click the X icon on a tool button
  • Confirm deletion
  • Tool and its settings are permanently removed

How Drawing Tools Work

Vertical Lines

Lines appear at the exact time you specified on each selected weekday:

  • Drawn as vertical lines spanning the chart height
  • Appear at the target time in the chosen timezone
  • Only drawn on selected weekdays

Horizontal Lines

Lines appear at the OHLC price of the bar at the specified time:

  • Drawn as horizontal lines across the chart width
  • Price level taken from the candle at the target time
  • Example: "Close" at 4:00 PM draws a line at that day's closing price

Example Setups

Stock Market Sessions

  • "Market Open" - Vertical line at 9:30 AM, Mon-Fri, America/New_York
  • "Market Close" - Vertical line at 4:00 PM, Mon-Fri, America/New_York
  • "Prev Day Close" - Horizontal line (Close) at 4:00 PM, Mon-Fri, America/New_York

Day Trading Levels

  • "Opening Price" - Horizontal line (Open) at 9:30 AM, Mon-Fri
  • "Prev Day High" - Horizontal line (High) at 4:00 PM, Mon-Fri
  • "Prev Day Low" - Horizontal line (Low) at 4:00 PM, Mon-Fri

Tips

  • Use colors wisely - Different colors for different session markers
  • Don't overload - Too many active tools can make charts cluttered
  • Name clearly - Descriptive names make tools easy to identify
  • Match timezone to market - Critical for accurate line placement

Common Issues

Lines at Wrong Time

Check that you selected the correct timezone and verify the time is set correctly (AM/PM).

No Lines Appearing

Make sure the tool is enabled (button highlighted), the current date matches selected weekdays, and the chart is zoomed to show the target time.

Tool Auto-Disabled

When the maximum of 12 active tools is reached, enabling a new tool automatically disables the oldest active tool.

Pro Feature

Drawing Tools are available to Pro subscribers only. Free users cannot access this feature.

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