Chart Drawing Tools

Using TradingView's drawing tools, you can annotate, comment, highlight trends and patterns, measure and forecast, and calculate price levels. These tools are found on the left panel of the chart.

Each tool offers style and visibility settings for various timeframes. These settings can be modified via the menu that appears on double-click or by using the "Settings" button on the floating panel. You can save the style to a template for future use with a single click.

To quickly access frequently used tools, you can add them to your favorites by clicking the star icon next to the desired tools in the dropdown menu. These tools will then appear on a separate floating panel.

The TradingView chart tools are categorized into 7 groups:

1. Trend lines let you mark movement direction and price levels. These are the most commonly used tools, many of which include a text addition feature.

   
2. Gann and Fibonacci tools: These tools help you automatically generate levels based on Fibonacci formulas and Gann theory. You can customize the number of levels and adjust the coefficients in the settings.

1. Patterns: Identify and mark common chart patterns such as Head and Shoulders, Triangles, and others. These tools help with recognizing potential market movements.

1. Prediction and measurement tools: Use these to forecast trends, measure distances between points, and time future events. Useful for planning and analysis.

1. Geometric shapes: A toolkit for drawing freehand lines (Brush, Marker, Polyline) and standard geometric figures.

1. Annotation tools: These allow you to add notes, labels, and other text-based elements to your charts. They are useful for commentary and highlighting important information.

1. Icons and objects: Enhance your charts with various icons and objects to signify specific points of interest or to follow a specific annotation style.