Skip to main content
BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%
Pricing

Drawing tools and when to use them

Every drawing tool in the terminal — lines, channels, Fibonacci, Gann, patterns, Elliott, cycles, shapes, text and measures — and the right moment to reach for each.

Drawing tools turn a raw price chart into a map. The goal is not to cover the screen — it is to mark the few levels that actually matter.

Every tool lives in the vertical toolbar down the left edge of the chart, grouped into ten categories. Click a group to open its menu and pick a tool, then click on the chart to place it. The most-used tools have keyboard shortcuts, shown in brackets below.

drawing toolbar

drawing toolbar down the left edge of the chart, with one group menu open

Lines

Straight and axis-locked lines — the backbone of any chart.

  • Trend Line (T) — a line between two points; connect swing points to track direction.
  • Ray — starts at a point and extends infinitely in one direction.
  • Segment — a plain line between two fixed points, with no extension.
  • Horizontal Line (H) — a price level drawn right across the chart.
  • Horizontal Ray — a level that starts at a point and extends into the future.
  • Horizontal Segment — a level between two points only.
  • Vertical Line (V) — a full-height marker at a single moment in time.
  • Vertical Ray — a vertical mark extending up or down from a point.
  • Vertical Segment — a vertical mark between two prices at one time.

Channels

Frame a move between two boundaries.

  • Parallel Channel — two parallel trend lines that contain a trending move.
  • Price Channel — a base line with a parallel copy at a set distance.
  • Andrews' Pitchfork — a three-point median line with support and resistance forks.

Fibonacci

Ratio-based levels for pullbacks, targets and timing.

  • Fib Retracement (F) — pullback levels (0.236–0.786) between a swing low and high.
  • Fib Extension — projection levels beyond the move, used for targets.
  • Fib Segment — retracement levels drawn on a single leg.
  • Fib Circle — arcs at Fibonacci ratios expanding from a pivot.
  • Fib Sector — a fan of Fibonacci arcs and sectors.
  • Fib Channel — Fibonacci-spaced parallel lines along a trend.
  • Fib Time Zones — vertical lines at Fibonacci-spaced time intervals.


Fibonacci retracement

Fibonacci retracement drawn from a swing low to a swing high

Gann

Price-and-time geometry for Gann-style analysis.

  • Gann Fan — angled lines (1×1, 2×1, …) from a pivot to balance price and time.
  • Gann Box — a grid of Gann price and time divisions over a range.

Patterns

Harmonic and classic chart patterns with ready-made point skeletons.

  • XABCD Pattern — the five-point harmonic frame for Gartley, Bat, Butterfly and friends.
  • ABCD Pattern — the four-point measured-move pattern.
  • Cypher Pattern — a harmonic pattern with its own ratio set.
  • Head & Shoulders — the classic reversal template with a neckline.
  • Triangle Pattern — mark converging or expanding triangles.
  • Three Drives — three symmetrical pushes into exhaustion.


harmonic pattern placed

harmonic pattern placed on the chart, e.g. XABCD or Head & Shoulders

Elliott Wave

Labelled wave skeletons for counting a structure.

  • Five Waves (12345) — label a motive / impulse sequence.
  • Three Waves (ABC) — label a corrective sequence.
  • Triangle (ABCDE) — label a triangle correction.
  • Double Combo (WXY) — a combined correction.
  • Triple Combo (WXYXZ) — an extended combined correction.
  • Eight Waves — a full five-three cycle in one tool.
  • Any Waves — free-form labels for a custom count.


Elliott wave count labelled

Elliott wave count labelled on the chart, e.g. Five Waves (12345) or ABC

Cycles

Time-based tools for recurring rhythm.

  • Circle Lines — concentric circles to gauge cyclical distance.
  • Time Cycles — repeating vertical lines to time recurring turns.
  • Sine Line — an adjustable sine wave to fit rhythmic swings.

Shapes

Zones, highlights and free geometry.

  • Price Line — a single price marked with a horizontal line and tag.
  • Rectangle (R) — shade a zone: supply, demand or a trading range.
  • Circle — an ellipse to highlight an area of interest.
  • Arc — a curved line for rounded formations.
  • Triangle — a free three-point triangle.
  • Parallelogram — a four-point slanted box for channels or zones.


Rectangle shading a supply

Rectangle shading a supply or demand zone on the chart

Text & labels

Annotate the chart in words.

  • Text Note — free text placed anywhere; you are prompted for the words.
  • Price Tag — a label pinned to a specific price level.

Measure & position

Read distances and plan trades directly on the chart.

  • Measure (M) — a quick readout of price, percent and bars between two points.
  • Price Range — measure vertical price distance.
  • Date Range — measure time and bar count.
  • Price + Date Range — a box that measures both at once.
  • Long / Short Position (P) — a risk-and-reward planner with entry, stop and target that shows the reward-to-risk ratio.
  • Fixed Range VP — a volume profile over a selected range (volume by price).
  • Compare Symbols — overlay another symbol's percentage change to compare relative strength.


Long / Short Position tool

Long / Short Position tool on the chart showing entry, stop, target and the reward-to-risk ratio

Working with drawings

Tools at the bottom of the toolbar manage everything you have drawn.

  • Magnet (S) — snap new points to nearby candle highs and lows; cycle off → weak → strong.
  • Lock all — freeze every drawing so you can't move one by accident.
  • Hide / Show all — toggle all drawings off and on without deleting them.
  • Timeframe visibility — choose which timeframes each drawing appears on.
  • Delete all — clear every drawing on the current symbol.

Click any drawing to select it: a floating toolbar appears for colour, line style, cloning and delete, and handles let you reshape it. Undo and redo step through your changes, and drawings are saved per symbol — they come back when you return to that market. Save a look you like as a tool's default with a style template.


selected drawing showing its floating edit toolbar

selected drawing showing its floating edit toolbar, and the toolbar utilities (magnet, lock, hide/show) at the bottom of the rail

When to use which

Trend lines

Use them to stay on the right side of a move, not to predict exact reversals. A line touched many times is information; a line touched once is a guess.

Fibonacci

Anchor it from a clear swing low to a swing high. The 0.5 to 0.618 area is where healthy pullbacks often stall — treat it as a zone, not a line.

Zones and positions

Rectangles mark the areas where price reacted before; the Long / Short Position tool turns a level into a plan by pinning entry, stop and target and showing the reward-to-risk before you commit.

Three good levels beat thirty. If you cannot explain why a drawing is on the chart, delete it.

Related