Drawing tool reference
All 73 tools you can draw with on a chart. What each one draws, where you click to draw it, and when it is useful — written for people new to charts. The numbers in each picture are the places you click.
Not sure where to start with charts? →Lines you do not have to draw
Channels, support, resistance and trend lines are already drawn when you open a symbol. These tools are for adding your own thinking on top.
Line tools18
- Trend lineThe most basic line: connect two places to mark the direction of a run.
- RayTwo points set the direction and the line runs on to the right forever.
- Info lineA trend line that also prints the values and length of what it spans.
- Extended lineA line that runs to both edges of the chart along the slope of two points.
- Trend angleA trend line that reports its own angle as a number.
- Price lineA single horizontal line across the chart, for marking one price level.
- Horizontal rayA horizontal line that starts where you click and runs only to the right.
- Vertical lineA vertical line marking one particular bar.
- Cross lineDraws a horizontal and a vertical line at once to pin one exact point.
- ArrowA line with an arrowhead, so it is clear what it points at.
- Parallel channelTwo parallel lines marking the corridor price has been travelling in.
- Regression trendFits the best straight line through the chosen stretch and wraps a band around it.
- Flat top/bottom channelA corridor with one flat side, top or bottom.
- Disjoint channelA corridor whose two edges are not parallel — widening or narrowing.
- PitchforkThree lines fanning out from three pivots — known as the Andrews pitchfork.
- Schiff pitchforkA pitchfork with the pivot shifted so the fork is less steep.
- Modified Schiff pitchforkA Schiff pitchfork with the pivot also moved along the time axis.
- Inside pitchforkA pitchfork with the tines drawn inside rather than outside the pivots.
Gann & Fibonacci tools15
- Fib retracementDivides one move into ratios to see how far price has retraced it.
- Fib extensionProjects the size of one move onto another place to measure levels ahead.
- Fib channelA sloping corridor divided by Fibonacci ratios.
- Fib time zonesDivides time rather than price by Fibonacci numbers, as vertical lines.
- Fib fanLines fanning from one point at a different slope for each ratio.
- Trend-based Fib timeProjects the length in bars of a past move forward in time.
- Fib circlesCircles drawn at each ratio around a centre point.
- Fib spiralA spiral that grows outward by Fibonacci ratios.
- Fib arcsArcs at each ratio, reading price and time together.
- Fib wedgeDivides the wedge formed by three points into Fibonacci ratios.
- PitchfanA pitchfork with the space between its tines split further by ratio.
- Gann boxA box with the chosen stretch divided by ratio in both price and time.
- Gann square fixedA Gann square drawn with a fixed cell size.
- Gann squareTreats the chosen stretch as a square and draws diagonals and a grid inside it.
- Gann fanRays from one point at fixed slopes — 1:1, 1:2, 1:3 and so on.
Pattern tools14
- XABCD patternDraws a harmonic pattern through five vertices — X, A, B, C and D.
- Cypher patternA five-point tool preloaded with the ratios of the Cypher pattern.
- Head & shouldersDraws the head, both shoulders and the neckline in one go.
- ABCD patternA four-point shape expressing 'CD travels as far as AB'.
- Triangle patternMarks a triangular squeeze with three points.
- Three drivesDraws the three-drives shape: the same wave repeated three times.
- Elliott impulse (12345)Labels an Elliott impulse — waves 1 through 5 — as you draw it.
- Elliott correction (ABC)Labels the three-wave correction — A, B and C — that follows an impulse.
- Elliott triangle (ABCDE)Labels a contracting corrective triangle across five points, A through E.
- Elliott double combo (WXY)Labels a double correction — W, X and Y.
- Elliott triple combo (WXYXZ)Labels a triple correction — W, X, Y, X and Z.
- Cyclic linesRepeats a vertical line at a fixed interval.
- Time cyclesDraws cycles as arcs rather than vertical lines.
- Sine lineOverlays a wave to compare the rhythm of the rises and falls.
Forecast & measure tools12
- R:RMeasures the distance to a target and to an invalidation level as a ratio.
- Position forecastTakes the shape of a past stretch and continues it forward.
- Bars patternCopies a run of past bars and overlays them somewhere else.
- Ghost feedFloats a past stretch of bars beside the current ones as a ghost.
- SectorMarks a stretch as a wedge fanning out from one point.
- ProjectionCopies a measured move to another place as-is.
- Anchored VWAPDraws the average price actually traded from a chosen bar to now.
- Volume profileShows which price levels saw the most trading inside a chosen stretch, as horizontal bars.
- Anchored volume profileThe trading distribution from one anchor bar to now.
- Price rangeMeasures the difference and percentage between two prices.
- Date rangeMeasures how many bars lie between two places.
- Date & price rangeMeasures price difference and bar count at the same time.
Shape tools12
- PenA freehand pen.
- HighlighterA highlighter that paints a thick translucent stroke.
- PathBuilds a polyline by clicking a series of points.
- PolylineJoins points into a closed shape.
- Zone boxEncloses a stretch in a rectangle.
- Rotated rectangleA rectangle you can tilt, for enclosing a sloping stretch.
- EllipseEncircles a stretch with an ellipse.
- TriangleDraws a filled triangle from three vertices.
- ArcDraws a single curved arc.
- CurveA smooth curve between two points.
- Double curveA curve that bends twice, which lets you make an S shape.
- CircleDraws a true circle.
Drawing tools are a way to organise your thinking. A line you draw does not decide what price will do.