Geometric Fan

Author: Optuma Team Last updated: Dec 24, 2021 21:18
Included in Trader Services Included in Professional Services Included in Enterprise Services

Overview

The Geometric Fan is used to draw a number of angle lines on a chart, starting from a user-specific point.

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To add the tool to your chart, select the tool from the Geometric tool group, and left-click on the bar on the chart you wish to calculate the tool from. Next, extend the lines and left-click again where you want them to end. Optuma will then draw the tool using the default settings and you will be prompted to lock the chart’s Time/Price ratio so that the geometric proportions of your chart remain constant. If the ratio is not locked then the tools will not be accurate if the chart is adjusted.

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Actions & Properties

Actions

Actions

Scale: When selected you can nominate the Scale value to use. For example, if you use a scale of 2 then the tool will double in size.

Add to Toolbar: Adds the selected tool to your custom toolbar.

Apply Settings to All: When multiple Geometric Fan 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 Geometric Fan 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.

Price Flip: Allows you to create a duplicate of the tool along the price axis.

Time Flip: Allows you to create a duplicate of the tool along the time axis.

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 Geometric Fan to a chart, the tool will display using the new settings.

Delete: Deletes the tool from the chart.

Properties

Properties

Tool Name: Allows you to adjust the name of the tool, as it’s displayed in the Structures Panel.

Levels: Click on this option to display the different Geometric Fan levels.
To add a new level to the chart, left-click on the blue + button and enter the values as needed.

  • Value - Sets the degree value for the fan line. To change the value amount, click in the field and enter the new value.
  • Line Style - Sets the line type, thickness, colour and transparency of the fan lines.
  • Visible - To hide a level, deselect the check box with the green tick.

Extend: Check this box to fully extend the Geometric Fan lines.

Show Degree Labels: Check this box to display the degrees for each line.

Font Size: Allows you to adjust the size of the text displayed for each degree label. Moving the slider bar to the right increases the font size.

Base Line Style: This option expands to allow adjustment of the base line type, width, and colour.

Tool Transparency: Use this slider bar to adjust the transparency of the tool. Moving the slider to the left will increase the transparency of the tool.

Visible: Un-tick this checkbox to hide the tool from the chart.

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