Projection
Forecasting3 points to clickCopies a measured move to another place as-is.
What it looks like
The numbered dots are where you click. Once drawn, you can grab those dots and move them.
How to draw it
Click the start and end of the move, then a third click for where to place the copy.
When to use it
Unlike a Fibonacci extension it does not split the move into ratios — it moves the whole thing once.
In SQMATE
What you draw stays
Lines you draw are saved to that symbol's notebook. Open the symbol again and they are still there.
Editable afterwards
Grab the points to move them, and change colour, width and line style. Undo works too.
Shares as drawn
Send the chart as a single link. Whoever opens it sees the same lines.
Related tools
- 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.
- Anchored VWAPDraws the average price actually traded from a chosen bar to now.
Drawing tools are a way to organise your thinking. A line you draw does not decide what price will do.