MetaTrader 5 Android OS Help

Objects

Objects in the platform are objects that are imposed manually to a chart. These objects are used for analytical purposes. This group of functions includes:

  • Lines – various lines (trend lines, horizontal, cyclic lines, etc.) added to price charts and indicators;
  • Channels – various channels (equidistant, regression channel, etc.) added to price charts and indicators;
  • Gann Tools – a set of technical analysis tools developed by W. D. Gann;
  • Fibonacci Tools – a set of technical analysis tools created on the bases of the numerical sequence by L. Fibonacci;
  • Elliott Tools – a set of tools technical analysis based on the wave theory of R. N. Elliott;
  • Shapes – geometric shapes (square, triangle, and ellipse) that allow to mark various areas in the price chart;

How to Add an Object

In order to add an object to a chart, open the radial menu and tap Objects. Select an object or tap Add Object at the top of the window, if there are objects on the chart.

Adding an object Selecting an object

Upon object selection, a chart will open with an icon of the selected object.

How to Drawing an Object

Depending on the type, objects may have different numbers of changing and moving points. As a rule the point of an object moving is its central point. To create most objects need, you need to specify one or more initial points and then, holding your finger down, set the direction and size.

When you move the object point, a special subwindow with the zoomed chart will appear in the upper left corner of the chart to allow you to accurately position the object. For more information on object drawing and modifying using points, please read descriptions of objects.

When you move the point close to one of the bar prices (Open, High, Low or Close), the object point will be automatically snapped to this price level. This option is included for the convenient positioning of objects on a chart.

Drawing an object

When dragging an object using its moving point (central point) snapping does not work.

How to Modify an Object

After the object has been created, it can be moved or modified. To do so, select the object first by tapping on it. The object can be considered as selected if markers (object points) appear. The markers are used for moving objects and changing their drawing parameters.

Thus, for example, to change the Fibonacci Fan location, hold its central marker and move it to the desired position. Moving of any of its extreme markers changes the object drawing parameters.

To delete an object or call its properties long-tap (about 1 sec) on it on the chart.

How to Delete an Object

All objects applied to a chart become unnecessary sooner or later, and they can be removed using the object managing menu. Tap Objects in the radial menu. Tap Delete at the top of the window, select the objects to delete, and then tap Delete.

Deleting a single object

Object Properties

Every object has its specific properties. Properties can differ depending on the object. In order to control the properties of an object, tap on the object to select it, and then long-tap on it. A menu will be opened in the upper part of the window, where you should tap Edit Object.

Object Properties

The following is available here:

  • Name – the unique name of an object within one chart, it is set automatically. It can be changed if another name is entered in this field. Such names make it easy to find an object among many other objects of the same type;
  • Ray right/left – displaying trend lines as rays in the specified directions;
  • Point – one or several snap points along the time and price axes.
  • Symbol – selecting a symbol, the object will be displayed on the charts of this symbol.
  • Timeframe – selecting timeframes, on which the object will be displayed.
  • Style – object lines style. Color, style and width of lines can be set here.
  • Levels specific display settings for the levels of Fibonacci tools and Andrews' Pitchfork.

Some object have specific properties like "Gann Angle", "Pips per bar". etc. Description of these properties in available in corresponding object sections.