MetaTrader 5 HelpPrice Charts, Technical and Fundamental AnalysisAnalytical ObjectsArrows

Arrows

Various shapes can be applied to a price or indicator chart using the "Objects — Arrows" items of the Insert menu or the button Arrows in the Line Studies toolbar. The following objects are described in this section:

 

Type

Description

Thumbs Up

Thumbs Up

The "Thumbs Up" sign anchored to a certain point in a chart.

Thumbs Down

Thumbs Down

The "Thumbs Down" sign anchored to a certain point in a chart.

Up Arrow

Up Arrow

The "Arrow Up" sign anchored to a certain point in a chart.

Down Arrow

Down Arrow

The "Arrow Down" sign anchored to a certain point in a chart.

Stop Sign

Stop Sign

The "Stop Sign" anchored to a certain point in a chart.

Check Sign

Check Sign

The "Check Sign" anchored to a certain point in a chart.

Left Price Label

Left Price Label

The "Left Price Label" shows the price value left to the point selected in the chart.

Right Price Label

Right Price Label

The "Right Price Label" shows the price value right to the point selected in the chart.

Buy Sign

Buy Sign

The "Buy sign" is intended for marking Buy deals, it is anchored to a certain point in a chart.

Sell Sign

Sell Sign

The "Sell sign" is intended for marking Sell deals, it is anchored to a certain point in a chart.

Arrow

Arrow

Placing of any available sign according to a user's choice.

To draw these objects, one should select one of them and click on the necessary place of a chart.

Parameters

All objects of this group have identical parameters, except for price labels that do not have the anchor angle.

Parameters

  • Date/Value — coordinates of the anchor point of the object (date/value of the price scale);
  • Arrow Type — one of object types specified in the table above. When selecting "Other", an additional "Symbol" field appears to the right of this field;
  • Anchor — one of object sides (top or bottom) on which the point of anchoring the object to a chart or window is located. This parameter is not used for price labels..
  • Symbol — this field appears only when "Other" is selected as the arrow type. A click on Browse opens a window with available symbols. To select one a double-click on an icon is used.

Common parameters of object are described in a separate section.