Sometimes it is necessary to draw a horizontal ray from a given price on the base of the candle. This tool will solve this problem with just one key! In order to draw a horizontal ray, you just need to drag the indicator to the desired chart, and then:
1) Click ON any candle
2) Press any of the following keys:
- O – it will Draw an horizontal ray right at the OPEN price of the selected candles
- H-Draws a horizontal ray directly on the HIGH price of the selected candle
- L-Draws a horizontal ray directly on the LOW price of the selected candle
- C-Draws a horizontal ray directly on the CLOSE price of the selected candle
The tool also has a built-in “Make it Horizontal” function, so you have everything you need to horizontally straighten any line, both a ray and a trend line. Exactly, everything you need in one tool!
The tool will distinguish the case when it is necessary to make the trend line horizontal, and when you want to draw an horizontal ray at the HIGH price, depending on, the highlighted trend line or not. If a trend line is selected, it is converted to a horizontal line. If nothing is selected, you just need to click on any candle and press ” H ” to draw a horizontal ray on the HIGH price of this candle.