Time Division of 3rds
An important geometric range division used by Gann in his analysis. By selecting a time range the tool will automatically divide the period into thirds.
To apply the Time Division of 3rds to your chart, select the tool from the Gann tool menu. With the tool selected, left-click once on the chart to choose a starting point and left-click on the chart again to select the end point. With the start and end points selected, move your mouse cursor up or down to extend the lines, then left-click again to anchor them to the chart.
Actions & Properties
Add to Toolbar: Click this action to add the selected tool to your custom toolbar.
Apply Settings to All: When multiple Time Division 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 hiding or adding levels- as this allows all the other Time Division 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 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 (colour, for example) you can save the adjustments as your new default setting. Each time you apply the tool to a chart, the tool will display using the new settings.
Delete: Delete the tool from the chart.
Tool Name: Allows for the name of the tool to be changed, as displayed in the Structure Panel.
Divisions: Click on this option to display the different divisions.
To add a new division to the chart, left-click on the blue + button and enter the values as needed.
- Name - Sets the name of the division.
- Value - Sets the percentage value of the Price Division line (e.g. 38.2). To change the value amount, click in the field and enter the new value.
- Line Style - Sets the line type, thickness, colour and transparency of the angle lines.
Cycles: Allows you to repeat the division lines as many times as necessary.
Extend Top: Check this box to extend the division lines to the top of the chart.
Extend Down: Check this box to extend the division lines to the bottom of the chart.
Show Dates: This provides an option to show or hide the date for each division line.
Font Size: Allows you to adjust the size of the text displayed for each price label. Moving the slider bar to the right increases the font size.
Label Alignment: The price label can be placed in different positions in relation to the division lines. There are 8 options available: Top Left, Top Right, Centre Top, Bottom Left, Bottom Right, Centre Bottom, Centre Left and Centre Right.
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.