Objects

Objects in the terminal are objects that are imposed manually to a chart. These objects are used for analytical purposes. They include:

• Lines — various lines (trend lines, horizontal, cycle lines, etc.) attached to a chart of prices or indicators;
• Channels — various channels (equidistance, regression channel, etc.) attached to a chart of prices or indicators;
• Gann Tools — a set of technical analysis tools developed by W. D. Gann;
• Fibonacci Tools — a set of technical analysis tools developed on the basis of L. Fibonacci number sequence;
• Elliott Tools — a set of technical analysis tools based on Elliott Wave Theory;
• Shapes — geometrical shapes (rectangle, triangle and ellipse) that allow to mark various areas in the price chart;
• Arrows — symbols (arrows, check and stop signs) that allow to mark the most significant points in the chart;
• Graphical objects — various graphical objects (text, text labels, buttons, etc.) used for adding marks or comments to a chart.

All objects are grouped in the "Insert" menu in the "Line Studies". Having selected an object in the list and set a point in the chart (or in an indicator window), one can impose the tool.

After the object has been created, it can be moved or modified. To do so, one has to select the object first. If the "Select object by single mouse click" parameter is set in terminal settings, one has to click once with the left mouse button on any element of the object. If not, the double-click should be used. The object can be considered as selected if square markers or frames appear. The markers are intended for moving of objects and changing their drawing parameters. Thus, for example, to change the Fibonacci Fan location, one needs to hold its central marker with the left mouse button and move the cursor. And moving of any of its extreme markers will result in changing of the object drawing parameters. Terminal allows to create copies of various object very fast. To do so, one has to select the object and, holding Ctrl pressed, move it using the central marker.

All objects applied to a chart become unnecessary sooner or later, and they can be removed by commands of the context menu. Besides, the Backspace key allows to remove objects in series. In future, all removed objects can be restored. To do so, it is necessary to execute the "Undo Delete" command of the object context menu, the "Objects - Undo Delete" command of the "Charts" menu, or use accelerating keys Ctrl+Z.

Object Properties

Every object has its specific properties. Properties can differ depending on the object. To manage the properties of an object, one should select the object and execute its context menu command of " Properties". One can also execute the "Objects - Objects List" command in the "Charts" menu or press Ctrl+B. After that a window of the same name will appear. In this window one should select an object and press "Properties". In both cases a window of object properties containing several tabs will appear.

Common

The "Common" tab contains common settings of objects.

The following is available here:

• Name — the object unique name within one chart that is set for the object automatically. It can be changed if another name is entered in this field. Such names make it easy to mark the object out among many others of the same type;
• Description — description/text contents of the object that also serve for marking it out among many others of the same type. Besides, these descriptions can be shown in the chart if the "Show object descriptions" option is enabled in the chart settings;
• Style — object lines style. Color, forms and thickness of lines can be chosen here;
• Draw object as background — draw object in the background, behind the chart. Being enabled, this option provides filling of the objects like shapes or channels (excluding Fibonacci Channel) with color.
• Disable selection — disable the possibility of object selection. This possibility is intended for working with control objects ("Button", "Entry field", "Graphical label"). Enabling this option for them grants the possibility to change the state of buttons, graphical labels, as well as to enter values in entry fields.

Parameters

In the "Parameters" tab one can change coordinates of the object control points. In the "Date" fields time coordinates of an object control points are set, and coordinates of anchoring to vertical axis of a chart of indicator should be given in the "Value" fields. An object can have from one to three coordinates.

For some objects, additional options are used in the "Parameters" tab:

• Angle in degrees — angle of the object slope anticlockwise in degrees;
• Scale — ratio between units of vertical (pips) and horizontal (bars) axes of the object. Normally, the number of pixels in a unit of the horizontal axis (time) differs from that of the vertical axis (prices) when chart are drawn. One-to-one scale brings them to the same value. For certain objects, changing of this parameter changes the ratio;
• Arrow code — code of an object;
• Ray right/left — options of showing trendlines as rays in specified directions;
• Anchor — one of the chart corners at which the text label is anchored;
• X-distance: — horizontal distance between the anchor corner of the window and the text label in pixels;
• Y-distance: — vertical distance between the anchor corner of the window and the text label in pixels.

Visualization

The object visualization mode for different timeframes (periods) can be changed in the "Visualization" tab.

The object will then be shown only for the selected timeframes. This can be useful when the tool has different settings for different timeframes. If the field "All timeframes" is selected, the object will be shown for all timeframes.

Levels

The "Levels" tab is specifically used only for Fibonacci tools and Andrews' Pitchfork. The list of the tool levels is given here in form of a table.

The values of the levels can be changed or deleted (the "Delete" button). A new level can be added by pressing of the "Add" button. The "Defaults" button resets the initial values. The "Style" field that allows to set up the color, appearance, and thickness of levels of the object is located in the lower part of the tab.