Line Studies

Line studies are lines located on the chart or on indicators. Mobile terminal provides the following line studies: vertical lines, horizontal lines, trendlines, and Fibonacci levels.

Line studies are available in the mobile terminal from the toolbar comand “Charts — Objects”. To create an object, one has to execute the corresponding command of the popup menu.

After the object has been created, it can be modified or moved. For this, one has to select the object first using the “Charts — Objects — Cursor” control panel command. All objects in the chart will be selected. If square marks appear, it means that the object is selected. The marks are intended for moving and modifying the objects. Thus, for instance, to change location of the “Fibonacci Lines”, it is necessary to capture its central mark with the left mouse button and drag it to another location. Moving of any of its outside marks will result in modification of the object building parameters.

Any objects drawn in the chart will sooner or later become unnecessary. The objects can be deleted from the chart using the objects list available through the “Charts — Objects — Objects List” control panel command.

To delete all objects from the chart, just put the cursor on the chart symbol and press “Delete”.

Object Properties

Every object has certain properties. To manage properties of objects, one has to open the objects list using the “Charts — Objects — Objects List” control panel command.

Select the necessary object in the window that appears and press “Edit>”. The window of object properties will open where there are several tabs available.

Common

The most common settings of objects can be found here.

• Name — the unique object name within one chart, it is given automatically. Such names allow easy distinguishing of the necessary objects among many other objects of the same type. Using the popup list of this field, one can quickly go to editing properties of any other object drawn in the chart;

• Style — object line style. Line color, type and thickness can be selected here;

• Draw objects as background — the object can be drawn behind the chart, as a background.

The “Common” tab looks identically for all objects.

Parameters

In the “Parameters” tab, one can change coordinates of the object anchoring points in the chart. In the fields of “Time”, the time coordinates are set up for the object. In the fields of “Value” — coordinates of object anchoring to the chart vertical axis or to the indicator. Vertical and horizontal lines have only one anchoring point expressed as the time or as the value. Fibonacci levels and trendline have two anchoring coordinates each.

        

For Fibonacci levels and trendline, there is one more option in the “Parameters ” tab:

• Ray — trendlines of the object can be displayed as rays.

Displaying

In the “Display” tab, one can switch between object displaying modes on different timeframes. The object will be shown only on the selected periods (timeframes).

This opportunity turns to be useful when a symbol has different settings on different timeframes.

Levels

The “Levels” tab is specific and used only for “Fibonacci Levels”.

The list of symbol levels is given here as a table. The values of these levels can be changed or deleted (the “Delete” button). Using the “Add” button, one can create an additional level. If one writes “(%$)” in the “Description” field, the price value that corresponds with this level will be displayed in the chart, as well. The “By default” button sets initial values. The “Style” field is in the lower part of the tab. This field allows to set up object level color, form and thickness.