Drawing Tools

ChartLabs provides a full suite of drawing tools for technical analysis.

Available Tools

Lines

• Trendline -- Connect two price points to identify trend direction
• Horizontal line -- Mark a specific price level (support/resistance)
• Vertical line -- Mark a specific time point (earnings, events)
• Ray -- A line extending infinitely in one direction

Fibonacci

• Fibonacci Retracement -- Draw between a swing high and low to identify retracement levels (23.6%, 38.2%, 50%, 61.8%, 78.6%)
• Fibonacci Extension -- Project potential price targets beyond the current move

Shapes

• Rectangle -- Highlight a price/time zone
• Channel -- Parallel trendlines defining a price channel

Annotations

• Text -- Add text notes directly on the chart
• Measure tool -- Measure the distance between two points in price and time

Using Drawing Tools

1. Select a tool from the left toolbar on the chart
2. Click on the chart to place the first anchor point
3. Click again to place the second point (and third if applicable)
4. The drawing appears on the chart

Modifying Drawings

• Click a drawing to select it
• Drag anchor points to reposition
• Right-click for options (delete, duplicate, configure)
• Adjust colors, line width, and style in the drawing properties

Drawing Persistence

All drawings are saved automatically as part of the chart state. They persist across sessions and are included when you save a workspace.