Scaled Boxes
Overview
The Scaled Boxes tool is made of two sections: the user-selected Evidence Box, and the Results Box.
As the Evidence Box is placed on the chart, the Results Box duplicates the price action. The Results Box can then be resized over the chart, with the duplicate price action scaling as the box size is changed. This allows for identification of reoccurring cycles over varying time frames.
To add the tool to your chart, select the tool from the Cycles tool group, and left-click on the first bar you want to calculate the tool from. Next, left-click on the bar where you want to calculate the tool to. Optuma will then draw the tool using the default settings.
Actions & Properties
Actions
Copy Data to Clipboard: Will copy the tool’s values to the clipboard which can then be inserted into a spreadsheet, for example, allowing for further analysis.
Add to Toolbar: Adds the selected tool to your custom toolbar.
Apply Settings to All: When multiple Scaled Boxes tools have been applied to a chart, page or workbook, this action can be used to apply the settings of the one selected to other instances of the tool. This is a great time saver if an adjustment is made to the tool - such as line colour - as this allows all the other Scaled Boxes tools in the chart, page or entire workbook to be updated instantly.
Copy Tool: Allows you to copy the selected tool, which can then be pasted onto a different chart window.
Move to Back: If the tool is displaying in front of other tools or indicators clicking this action will move the tool view to the background.
Move to Front: If the tool is displaying behind other tools or indicators on the chart, clicking this action will bring the tool to the forefront.
Restore Default Settings: Click this action if you have adjusted the default settings of the tool, and wish to return to the standard properties originally installed with Optuma.
Save Settings as Default: If you have adjusted any of the tool’s properties (colour, for example) you can save the adjustments as your new default setting. Each time you apply a new Scaled Boxes to a chart, the tool will display using the new settings.
Delete: Deletes the tool from the chart.
Properties
Tool Name: Allows you to adjust the name of the tool, as it’s displayed in the Structure Panel.
Invert X: Ticking this checkbox inverts the line displayed with in the Results Box.
Invert Y: Ticking this checkbox mirrors the line displayed within the Results Box.
Price Using: Allows you to set the data used by the Scaled Boxes tool, using either the Open, Close, High, or Low.
Evidence Box Style: Allows you to adjust the Line Style, Line Width and Line colour of the Evidence Box.
Result Box Style: Allows you to adjust the Line Style, Line Width and Line colour of the Result Box.
Tool Transparency: Use this slider bar to adjust the transparency of the Scaled Boxes.
Visible: Untick this checkbox to hide the Scaled Boxes tool from the chart.
Examples of Scaling
