Rectangle

Overview

The Rectangle tool is used to draw free-hand rectangles on your charts. Rectangles can be used to shade areas of the chart, or used to show support / resistance zones, adjusting the colour and transparency as required.

To add the tool to your chart, select the tool from the Drawing 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

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

Apply Settings to All: When multiple Rectangle 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 Rectangle 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: When selected, an additional Rectangle will be added to the chart based on Price.

Time Flip: When selected, an additional Rectangle will be added to the chart based on Time.

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 Rectangle 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.

Line Style: Change the line type used to draw the lines. 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 tool’s line. Moving the slider bar to the right increases the thickness of the line.

Line Colour: Allows you to select the colour of the tools line. Clicking on the drop down arrow will display a colour swatch. Locate the desired colour and left-click it once to select it.

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

Fill Colour: Sets the shading colour of the Rectangle.

Fill Transparency: Use this field to make the rectangle shading transparent. Moving the slider to the left will increase the transparency of the tool.

Tool Transparency: Use this slider bar to adjust the transparency of the tool (both shading and line components). 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.

Lock Tool: When selected, any changes to the tool will be prevented from being made.