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Trend Lines
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Trend Lines

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Trend Line

Trend Line is the basic drawing in the technical analysis kit. It connects two points on the chart and is used to identify sloped areas corresponding to support and resistance. If the prices stay above the trend line with a positive slope, the trend is considered bullish. If the trend line has a negative slope, the trend is considered bearish.

To add a Trend Line to the chart:

  1. Tap the Drawingsicon to display the drawings from quick access.
  2. Tap the Trend Lineicon on the Drawing quick access panel.
  3. Configure the parameters of the drawing, for details see Drawings. 
  4. Specify start and end points on the chart to place the line.
  5. In the upper right corner of the screen, tap.
Note: To remove the selected drawing, in the left upper corner of the screen, tap Clear

Trend_LineTrend Line

Note: Swipe left or right or tap Back button on your phone to go back to the previous menu

Actions with the Trend Line

  • To edit the Trend Line, drag it by start or end point. 
  • To move the Trend Line, drag it by the line and drop it where you want it on the chart.
  • You can use Undoand Redobuttons at the top of the screen.
Note: To remove all drawings at once, in the left upper corner of the screen, tap Clear all

Extended Line

Extended Line is a line that extends indefinitely in both directions on the chart. It can be then used to create your own trend line or trend channel.
The line will still be visible, extending at the same angle as its origin, even if you move far into the historical past or future on the chart.

To add an Extended Line to the chart:

  1. Tap the Drawingsicon to display the drawings from quick access.
  2. Tap the Extended Lineextended_line_iconicon on the Drawing quick access panel.
  3. Configure the parameters of the drawing, for details see Drawings.
  4. Specify start and end points on the chart to place the line.
  5. In the upper right corner of the screen, tap.
Note: To remove the selected drawing, in the left upper corner of the screen, tap Clear

Trend_LineExtended Line

Note: Swipe left or right or tap Back button on your phone to go back to the previous menu

Actions with the Extended Line

  • To edit the Trend Line, drag it by start or end point. 
  • To move the Trend Line, drag it by the line and drop it where you want it on the chart.
  • You can use Undoand Redobuttons at the top of the screen.
Note: To remove all drawings at once, in the left upper corner of the screen, tap Clear all

Price Line

Price Line is a horizontal line that marks a certain value on the price scale. This drawing tool is generally used to show specific price targets and identify support and resistance levels.

To add a Price Line to the chart:

  1. Tap the Drawingsicon to display the drawings from quick access.
  2. Tap the Price Lineprice_line_iconicon on the Drawing quick access panel.
  3. Configure the parameters of the drawing, for details see Drawings.
  4. Tap on the screen to place the line.
  5. Drag the line up and down to adjust the exact price value using the price scale.
  6. In the upper right corner of the screen, tap.
Note: To remove the selected drawing, in the left upper corner of the screen, tap Clear

Trend_LinePrice Line
Note: Swipe left or right or tap Back button on your phone to go back to the previous menu

Actions with the Trend Line

  • To edit the Trend Line, drag it by start or end point. 
  • To move the Trend Line, drag it by the line and drop it where you want it on the chart.
  • You can use Undoand Redobuttons at the top of the screen.
Note: To remove all drawings at once, in the left upper corner of the screen, tap Clear all

Info Line

Info Line is a line that connects two points and displays additional information on it, such as the number of bars through which the line spans, time covered, distance in pixels, and more.

To add an Info Line to the chart:

  1. Tap the Drawingsicon to display the drawings from quick access.
  2. Tap the Info Lineicon on the Drawing quick access panel.
  3. Configure the parameters of the drawing, for details see Drawings.
  4. Specify start and end points on the chart to place the line.
  5. In the upper right corner of the screen, tap.
Note: To remove the selected drawing, in the left upper corner of the screen, tap Clear

Trend_LineInfo Line
Note: Swipe left or right or tap Back button on your phone to go back to the previous menu

Actions with the Info Line

  • To edit the Info Line, drag it by start or end point. 
  • To move the Info Line, drag it by the line and drop it where you want it on the chart.
  • You can use Undoand Redobuttons at the top of the screen.
Note: To remove all drawings at once, in the left upper corner of the screen, tap Clear all

Arrow

Arrow drawing is a line that connects two points with an arrow at its end. It is similar to the Trend Line but it also shows the direction.

To add an Arrow to the chart:

  1. Tap the Drawingsicon to display the drawings from quick access.
  2. Tap the Arrowinfo_line_iconicon on the Drawing quick access panel.
  3. Configure the parameters of the drawing, for details see Drawings.
  4. Specify start and end points on the chart to place the line.
  5. In the upper right corner of the screen, tap.
Note: To remove the selected drawing, in the left upper corner of the screen, tap Clear

Trend_LineArrow
Note: Swipe left or right or tap Back button on your phone to go back to the previous menu

Actions with the Arrow

  • To edit the Arrow, drag it by start or end point. 
  • To move the Arrow, drag it by the line and drop it where you want it on the chart.
  • You can use Undoand Redobuttons at the top of the screen.
Note: To remove all drawings at once, in the left upper corner of the screen, tap Clear all

Horizontal Ray

Horizontal Ray is a tool that draws a horizontal line that extends indefinitely to the right from from the point of its origin .

To add a Horizontal Ray to the chart:

  1. Tap the Drawingsicon to display the drawings from quick access.
  2. Tap the Horizontal Rayinfo_line_iconicon on the Drawing quick access panel.
  3. Configure the parameters of the drawing, for details see Drawings.
  4. Specify start and end poist on the chart to place the ray.
  5. In the upper right corner of the screen, tap.
Note: To remove the selected drawing, in the left upper corner of the screen, tap Clear

Trend_LineHorizontal Ray
Note: Swipe left or right or tap Back button on your phone to go back to the previous menu

Actions with the Horizontal Ray

  • To move the Horizontal Ray, drag it by the line and drop it where you want it on the chart.
  • You can use Undoand Redobuttons at the top of the screen.

Ray

Ray is similar to Horizontal Ray but it allows you to draw an extended line in any direction.

To add a Ray to the chart:

  1. Tap the Drawingsicon to display the drawings from quick access.
  2. Tap the Rayinfo_line_iconicon on the Drawing quick access panel.
  3. Configure the parameters of the drawing, for details see Drawings.
  4. Tap on the chart to place the ray.
  5. In the upper right corner of the screen, tap.
Note: To remove the selected drawing, in the left upper corner of the screen, tap Clear

Trend_LineRay
Note: Swipe left or right or tap Back button on your phone to go back to the previous menu

Actions with the Ray

  • To edit the Ray, drag it by start or end point.
  • To move the Ray, drag it by the line and drop it where you want it on the chart.
  • You can use Undoand Redobuttons at the top of the screen.

Time Line

Time Line is a vertical line that marks a specific point on the time scale.

To add a Time Line to the chart:

  1. Tap the Drawingsicon to display the drawings from quick access.
  2. Tap the Time Lineinfo_line_iconicon on the Drawing quick access panel.
  3. Configure the parameters of the drawing, for details see Drawings.
  4. Tap on the chart to place the line.
  5. In the upper right corner of the screen, tap.
Note: To remove the selected drawing, in the left upper corner of the screen, tap Clear

Trend_LineTime Line
Note: Swipe left or right or tap Back button on your phone to go back to the previous menu

Actions with the Time Line

  • To move the Time Line, drag it by the line and drop it where you want it on the chart.
  • You can use Undoand Redobuttons at the top of the screen.

Trend Channel

Trend Channel is a tool that allows you to draw an ascending or descending area (channel) on the chart by placing two lines. The upper line marks resistance and the lower line marks support. Thus, both the top and the bottom of the channels represent potential areas of support or resistance. Trend channels with a negative slope (down) are considered bearish and thos with a positive slope (up) are considered bullish. 

Trend Channel is drawn by 3 points. To add a Trend Channel to the chart:

  1. Tap the Drawingsicon to display the drawings from quick access.
  2. Tap the Trend Channelextended_line_iconicon on the Drawing quick access panel.
  3. Configure the parameters of the drawing, for details see Drawings.
  4. Tap on the chart to specify start and end points on the chart to draw an upper line (ascending or descending).
  5. Specify the third point by tapping on the chart to set the width of the channel.
  6. In the upper right corner of the screen, tap.
Note: To remove the selected drawing, in the left upper corner of the screen, tap Clear

Trend_LineTrend Channel

Note: Swipe left or right or tap Back button on your phone to go back to the previous menu

Actions with the Trend Channel

  • To edit the Trend Channel:
    • Drag it by one of two points of the upper line to change the slope of the channel.
    • Drag it by the point of the lower line to change the width of the channel.
  • To move the Trend Channel, drag it by upper or lower line to where you want it on the chart.
  • You can use Undoand Redobuttons at the top of the screen.
Note: To remove all drawings at once, in the left upper corner of the screen, tap Clear all

Regression Trend

Regression Trend is similar to a Trend Channel. The difference is that it shows deviation levels (upper and lower) from a baseline. The main idea of this tool is to determine where the price crosses the deviation levels.

To add a Regression Trend to the chart:

  1. Tap the Drawingsicon to display the drawings from quick access.
  2. Tap the Regression Trendextended_line_iconicon on the Drawing quick access panel.
  3. Configure the parameters of the drawing, for details see Drawings.
  4. Tap on the chart to specify first point of a baseline, then specify the second point.
  5. In the upper right corner of the screen, tap.
Note: To remove the selected drawing, in the left upper corner of the screen, tap Clear

Trend_LineRegression Trend

Note: Swipe left or right or tap Back button on your phone to go back to the previous menu

Actions with the Regression Trend

  • To edit the Regression Trend, drag it by start or end points of a baseline.
  • You can use Undoand Redobuttons at the top of the screen.
Note: To remove all drawings at once, in the left upper corner of the screen, tap Clear all
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