Ray
Lines2 points to clickTwo points set the direction and the line runs on to the right forever.
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
The first click is the start, the second sets the direction. The line continues past the second point to the edge of the chart.
When to use it
It never extends left — use the extended line if you want it to reach back into the past.
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
- Trend lineThe most basic line: connect two places to mark the direction of a run.
- 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.
Drawing tools are a way to organise your thinking. A line you draw does not decide what price will do.