Charting Tools
Let's Get Technical
Arc Tool
To illustrate a Rounded top or bottom formation on your futures chart, select the Arc tool in your Advanced Charting toolbar. Move the mouse pointer to the point on the chart that will be the corner of your arc. Hold the mouse button and drag to your end point. Release the mouse button to place.
Rounded Top & Bottom Formations
The Rounded Top & Bottom formation is a very gradual change in trend.
Rounded
Top
The Rounded Top formation consists of a gradual change in trend from up
to down.
Rounded Bottom
The Rounded Bottom formation consists of a gradual change in trend from
down to up. This formation is the exact opposite of a Rounded Top
Formation.
Double Top
This formation includes two distinct "tops" and anticipates a change in
trend from up to down.
Double Bottom
This formation includes two distinct "bottoms" and anticipates a change
in trend from down to up. This formation is the exact opposite of a
Double Top.
Triple Top
This formation includes three distinct "tops" and anticipates a change
in trend from up to down.
Triple Bottom
This formation includes three distinct "bottoms" and anticipates a
change in trend from down to up. This formation is the exact opposite of
a Triple Top.
Resizing the Arc
Select the drawing by clicking on it. You will know the drawing is selected when boxes appear at the corners. Click on a box and drag it to your desired location. Release the mouse button to place.
Moving the Arc
Select the drawing by clicking on it. Drag to the new location and release the mouse button to place.
Deleting the Arc
Select the drawing by clicking on it. Press the Del (Delete) key on your keyboard. You can also right-click the drawing and select “Delete” from the dropdown menu.
Example of the Arc Tool
Preferences
Select the drawing by clicking on it. The properties will appear in the preferences section of your control panel.
1. Restore Settings: TNT Default will change your settings back to the original software settings. My Default will change current settings to your personalized default settings. Apply To All Charts will apply your selected settings on all open charts. Save As My Default will save your current personal settings.
2. Line: From here you can choose the color, line
style, and line thickness.
3. Snap: Check to have arcs drawn to snap to price bars when moved.