Price Level

For illustrative purposes only, not a recommendation.

Description

Price level is a simple horizontal line marking a certain price value. It might be useful for marking specific price targets and support or resistance levels.

In order to add the price level to chart, choose it from the Active Tool menu. Specify two points belonging to it and the price level will appear on chart.

Properties

Appearance:

  • Left extension. Set this property to "On" to extend the price level all the way to the left. Price level will keep the extension if the viewed time period is extended. This option is also available from the right-click context menu.

  • Right extension. Set this property to "On" to extend the price level all the way to the right. Price level will keep the extension if the viewed time period is extended. This option is also available from the right-click context menu.

  • Show name. Edit this property to display the price level name at the right or the left edge or not to show it at all.

  • Show price. Edit this property to display price level value at the right or the left edge or not to show it at all.

Begin point:

  • Value. Defines the price level value.

  • Date/Time. Defines the time scale value corresponding to the begin point.

End point:

  • Date/Time. Defines the time scale value corresponding to the end point.

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