Dyad

Overview

According to Greek philosophers, the Dyad is made up of two points - unlike the Monad which is made up of a single indivisible unit. As it relates to trading, the Dyad is used to identify the two extreme points of a range in price and time. The two points of the range are then used as the diameter of a circle. Reversals often take place when the market reaches the extreme right side of the circle. The circle displayed shows how the market found support as it approached the 4 o’clock position on the circle.

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

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 Dyad 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 Dyad 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 Dyad 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.

Show Line: When selected the base or anchor line will be displayed on your chart.

Show Angles: When selected the angle value of the base line will be displayed.

Label Alignment: Can elect to display the angle value in different positions in relation to the base line, there are 8 options available: Top Left, Top Right, Centre Top, Bottom Left, Bottom Right, Centre Bottom, Centre Left and Centre Right.

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

Seed of Life: When selected the seed of life will be displayed.

Flower of Life: When selected the flower of life will be displayed.

Fruit of Life: When selected the fruit of life will be displayed.

Base Line Style: This option expands to show the following:

• Line Style - The Line Style property allows you to adjust the type of base 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 base line. Moving the slider bar to the right increases the thickness of the line.
• Line Colour - Allows you to select the colour of the base 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 base line. Moving the slider to the left will increase the transparency of the base line.

Circle Line Style: This option expands to show the following:

• Line Style - The Line Style property allows you to adjust the type of circle 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 circle line. Moving the slider bar to the right increases the thickness of the line.
• Line Colour - Allows you to select the colour of the circle 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 circle line. Moving the slider to the left will increase the transparency of the circle line.
• Visible - Un-tick this checkbox to hide the circle line from the chart.

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.