There are a number of tools in Optuma which plot potential support and resistance levels, such as Fibonacci Retracements , or Price Extensions. The levels editor is used to add/remove levels and also to adjust how these lines are displayed (value, line type, etc).
The levels editor can be accessed via the tool’s properties panel:
Or right-click menu:
The Levels Editor is broken into 5 sections:
This column gives you the ability to add a new level, or remove an existing level.
Click the + to add a new level entry. Click the x to remove an existing level.
Show / Hide Level
This column gives you the ability to hide or show an existing level.
Untick the checkbox to hide a level from view.
This column gives you the ability to assign custom names to each level displayed on the selected tool.
By default, each level will be listed as Level 1, Level 2, Level 3, etc.
This column gives you the ability to set / adjust the value the specific level calculates from.
This value will vary between different tools. For example, on a Fibonacci Replacements tool, the value will represent a percentage amount (38.2%, 50%), whereas a tool like Trading Day Intervals will use a value of the number of days (20, 30 trading days).
This column expands to give you the ability to change the display style of individual levels.
The following options are available:
Line Colour: Allows you to adjust the colour of the selected level line.
Line Style: When Line is selected as the Plot 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, Stippled.
Line Width: Allows you to adjust the width of the selected level line. Moving the slider bar to the right increases the thickness of the line.
Transparency: Use this slider bar to adjust the transparency of the selected level. Moving the slider to the left will increase the transparency of the line.