Price Intervals allow you to set a series of horizontal lines at a specified range in price, either by selecting a key range in a chart's price movement, or at a set range in value (e.g. $1.00 increments). This allows you to easily measure and plot price movement and see it visually on the charts.
To add the tool to your chart, select the tool from the Levels tool group, and left-click on the first bar you want to calculate the tool from. Next, left-click on the bar where you want to calculate the tool to. With both points selected, move your cursor to the left or right to extend the level lines, then left-click to place them on the chart. Optuma will then draw the tool using the default settings.
Actions & Properties
Add Price Alert: Selecting this action will set a Price Alert at the value the Horizontal Line is positioned.
Add to Toolbar: Adds the selected tool to your custom toolbar.
Apply Settings to All: When multiple Price Intervals 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 line colour - as this allows all the other Price Intervals 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 tool is displaying in front of other tools or indicators clicking this action will move the tool view to the background.
Move to Front: If the tool is displaying behind other tools or indicators on the chart, clicking this action will bring the tool 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 a new Price Intervals to a chart, the tool will display using the new settings.
Delete: Deletes the tool from the chart.
Tool Name: Allows you to adjust the name of the tool, as it's displayed in the Structure Panel.
Intervals: Allows you to manually adjust the Interval value, left click on the displayed figure and then enter the desired interval value.
Repeats: Increase or decrease the number of interval lines that are applied to the chart.
Extend Right: Check this box to extend the Interval lines to the right.
Extend Left: Check this box to extend the Interval lines to the left.
Show Prices: This provides an option to show or hide the price value for each interval line.
Label Alignment: Can elect to display the Price Interval label in different positions in relation to the Price Interval line, there are 8 options available: Top Left, Top Right, Centre Top, Bottom Left, Bottom Right, Centre Bottom, Centre Left, Centre Right.
Font Size: Allows you to adjust the size of the text displayed for each label used on the Intervals. Moving the slider bar to the right increases the font size.
Line Style: The Line Style property allows you to adjust the type of the interval lines displayed. There are 8 options available: Solid, Dots, Dash, Dash Dots, Long Dash, Long Dash Dot, Long Dash Dot Dot, Stippled.
Line Width: Allows you to adjust the width of the interval lines. Moving the slider bar to the right increases the thickness of the line.
Line Colour: Allows you to select the colour of the interval lines. Clicking on the drop down arrow will display a colour swatch. Locate the desired colour and left-click it once to select it.
Tool Transparency: Use this slider bar to adjust the transparency of the tool. Moving the slider to the left will increase the transparency of the tool.
Visible: Un-tick this checkbox to hide the tool from the chart.