Drawing tools, fully explained
Drawing tools put "the analysis in your head" onto the chart. There are many, but only a handful are truly high-frequency — master those and your charts stay fast and tidy.
The most-used tools
- Trend line / ray: sketch trends and channel edges;
- Horizontal / price line: mark support & resistance and key prices;
- Parallel channel: draw both rails at once;
- Rectangle / zone: box a high-volume area or a range;
- Fibonacci: retracement and extension (see this guide).
Settings that save effort
- Magnet: snaps to a candle's OHLC for precise drawing;
- Lock drawing: stops you nudging a finished line;
- Copy style / apply as default: consistent colors and widths;
- Clone: duplicate a parallel structure quickly.
Managing your drawings
Use the object tree to view and hide shapes; color-code by analysis. Since drawings sync with your account, lines drawn on your computer show up on your phone.
Key takeaways
- High-frequency tools: trend line, horizontal, channel, rectangle, Fibonacci.
- Magnet for precision, lock to prevent nudges, copy style for tidiness.
- Drawings sync across devices.
Drawing feels smoother on desktop, with fuller shortcuts.
Download the desktop app, free