Geometric Line
Overview
Traders familiar with Gann and Fibonacci techniques will know that each chart will contain Geometric angles to which they are sensitive. The Geometric tool has been designed to help find and track these angles.
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 it to end. Optuma will then draw the tool using the default settings.
Actions & Properties
Actions
Make Square: When selected a square will be plotted below the Geometric Line.
Rotate 90 Degrees: Rotates the selected Geometric Line by 90 Degrees.
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 Line Alert: Selecting this action will set a Line Alert based on the selected line.
Add to Toolbar: Adds the selected tool to your custom toolbar.
Apply Settings to All: When multiple Geometric Line 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 Line 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 Line 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.
Geo Degree: Use this field to enter the exact degree that you want the line to display.
Show Angle: Tick this checkbox to display the Geo Degree position of the line as a label.
Font Size: Allows you to adjust the size of the text displayed for the angle label. Moving the slider bar to the right increases the font size.
Line Style: The Line Style property allows you to adjust the type of line displayed. There are 8 options available: Solid, Dots, Dash, Dash Dots, Long Dash, Long Dash Dot, Long Dash Dot Dot and Stippled.
Line Width: Allows you to adjust the width of the Geometric line. Moving the slider bar to the right increases the thickness of the line.
Line Colour: Allows you to adjust the colour of the Geometric line.
Extend Left: Check this box to extend the selected Geometric Line left.
Extend Right: Check this box to extend the selected Geometric Line right.
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.