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Knowledge Base

XABCD Pattern

Overview


The XABCD Pattern tool allows you to manually draw 5 point patterns on to your chart. The most common of these patterns are:

  • Bat
  • Butterfly
  • Crab
  • Gartley

Each has a Bullish / Bearish version.  The colour of the indicator will auto select Red (Bearish) or Green (Bullish) depending on the angle of the first line between points X and A.  An upward angle will colour green, and a downward angle will colour red.


 (Chart transparency reduced in this image to highlight the indicators lines).

Actions & Properties

Actions


Add Line Alert: Creates an alert based on the selected line. Click here for more information on Line Alerts.

Add to Toolbar: Click this action to add the selected tool to your custom toolbar.

Apply Settings to All: When multiple XABCD patterns 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 changing colours - as this allows all the other XABCD Patterns in the chart, page or entire workbook to be updated instantly.

Copy Tool: Allows the selected tool to be copied, which can then be pasted onto a different chart window.

Move to Back: If the lines of the tool are displaying in front of other tools or indicators clicking this action will move the lines view to the background.

Move to Front: If the lines of the tool are displaying behind other tools or indicators on the chart, clicking this action will bring the lines 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 (such as the colour) you can save the adjustments as your new default setting. Each time you subsequently apply the tool to a chart it will display using the new settings.

Delete: Deletes the tool from the chart.

Properties


Tool Name: Allows for the name of the tool to be changed, as displayed in the Structure Panel.

Show Background: Allows you to add a border / background around the text labels displayed on the tool.

Label Alignment: Allows you to change the position of the text labels displayed on the tool.

Font Size: Allows you to increase / decrease the size of the text labels displayed on the tool.

Font Colour:
Allows you to adjust the colour of the text labels displayed on the tool.

Base Line Style: Expands to show options allowing you to modify the display style of the primary lines of the indicator (Colour, Thickness, etc). By default they are Green / Solid.

Ratio Label Styles: Expands to show options allowing you to modify the display style of the secondary lines of the indicator (Colour, Thickness, etc). By default they are Green / Dashed.

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

Visible: Un-tick this checkbox to hide the tool from the chart.

 Last updated Thu, Jun 14 2018 12:02pm

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