Dynamic Trader drawing tools
Price Projection drawing tool :
The Price Projection tool draws wave relationship to project support / resistance zones.
To draw your wave count you click on each wave pivot , double clicking on the last one.
For example the chart above shows the relationship between waves 1-2-3 to get the wave 4 price retracement, price extension and alternate price projection as taught by Robert Miner.
Right clicking on the tool will show Drawing Objects window where you can add / remove EOW Ratio.
To remove the tool just click on the tool to select it and right click choosing the remove option.
Text - abcde drawing tool :
The Text - abcde tool displays the a-b-c-d-e text at your desired wave count location. A double click will immediately end the drawing. So if you double click after c only a-b-c will show.
Time - TR drawing tool :
Time - TR tool draws time retracement between 2 pivots. You just click on the first 2 pivots and the tool will draw the retracement levels automatically.
Double clicking on the tool will bring the retracement level set up window where you can add / remove levels.
Time - TCR drawing tool :
Time - TCR tool draws extension of the next cycle. TCR means Time Cycle Ratio.
Time - ATP drawing tool :
Time - ATP draws Alternate Time projection levels. Alternate means the next swing on the same direction. For example in terms of Elliott Wave finding the wave 3 time projection from wave 1.
Price - High/Low Line drawing tool :
The Price - High/Low Line drawing tool draws an horizontal line from important pivots. If clicked inside bar it will draw the line at the closing price or if clicked above/below bar it will draw the line at high or low price.
Price Projection W5 Price Projection W4 Price Projection W3 Price Projection W2 Price Projection W1 drawing tools :
The Price Projection W? drawing tool is the same tool as the Price Projection drawing tool except that you don't have to double click to end the drawing. It will automatically end the drawing at the end of the chosen W?.