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Arc Tool

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To illustrate a Rounded top or bottom formation on your futures chart, select the Arc tool in your Advanced Charting toolbar. Move the mouse pointer to the point on the chart that will be the corner of your arc. Hold the mouse button and drag to your end point. Release the mouse button to place.

Rounded Top & Bottom Formations

The Rounded Top & Bottom formation is a very gradual change in trend.

Rounded TopRounded Top
The Rounded Top formation consists of a gradual change in trend from up to down.

 

 

Rounded BottomRounded Bottom
The Rounded Bottom formation consists of a gradual change in trend from down to up. This formation is the exact opposite of a Rounded Top Formation.

 

Double TopDouble Top
This formation includes two distinct "tops" and anticipates a change in trend from up to down.

 

 

Double DownDouble Bottom
This formation includes two distinct "bottoms" and anticipates a change in trend from down to up. This formation is the exact opposite of a Double Top.

 

Triple TopTriple Top
This formation includes three distinct "tops" and anticipates a change in trend from up to down.

 

Triple BottomTriple Bottom
This formation includes three distinct "bottoms" and anticipates a change in trend from down to up. This formation is the exact opposite of a Triple Top.

 

Resizing the Arc

Select the drawing by clicking on it. You will know the drawing is selected when boxes appear at the corners. Click on a box and drag it to your desired location. Release the mouse button to place.

Moving the Arc

Select the drawing by clicking on it. Drag to the new location and release the mouse button to place.

Deleting the Arc

Select the drawing by clicking on it. Press the Del (Delete) key on your keyboard. You can also right-click the drawing and select “Delete” from the dropdown menu.

Example of the Arc Tool

Acr Tool Example

Preferences

Select the drawing by clicking on it. The properties will appear in the preferences section of your control panel. Or you can right click on a drawn arc tool and select Properties.

Arc Pref

1. Restore Settings: TNT Default will change your settings back to the original software settings. My Default will change current settings to your personalized default settings. Apply To All Charts will apply your selected settings on all open charts. Save As My Default will save your current personal settings.

2. Line: From here you can choose the color, line style, and line thickness.

3. Snap: Check to have arcs drawn to snap to price bars when moved.