Cycle Tool

The Cycle tool allows the user to specify a period of bars and then strips the chart so that patterns can be discerned

The control Bars are used to set the width (period) of the cycle. There is a display above the control line that indicates how many bars are in a period.

Cycle Tool Properties

Cycle Tool properties can be accessed by clicking on the control bars or lines, right-clicking and selecting Object Properties.

Property

Description

Coordinates

Prices and Dates for the 2 endpoints. Prices will be the same for both as the control line is flat.

Central Line Color

The Central Line is the line created at the chart location first clicked on by the drawing tool

Cycle Line Color

The Cycle Lines are all of the other periodic lines showing the cycle

Background Colors

Can select 1 or 2 (alternating) background colors, or none (lines only)

Cycle Number

number of bars or ticks in a cycle period

Control Line Display

Checkmark to display the Control Line on the chart.

Control Line Color

Select the Color for the Control Line

Control Line Width

Choose a width for the line, between 1 - 10.