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How to Get Your Favorite Drawing Tools on the MT4 Tool Bar
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This setting allows you to automatically change to a specified default tool after using any other drawing Tool a single time. Choose the tool you want to automatically change to from the list. The option of None will not change the tool after use, and will leave the selected drawing tool active after it is used. When this option is set to other than None , when a drawing tool has been selected but not yet used, when right clicking on the chart, this will change the active tool to the specified tool and the right-click shortcut menu will not display.
This functionality may change in a future version. When this option is enabled, then the Tool Values window position is saved for each individual chart.
Therefore, when the Tool Values window is open, and you change the focus to another chart, the Tool Values window will be moved to the position and size it last had when using that chart. Or, if the Tool Values window is not visible you will see it moved to the same position and size when you display the Tool Values window when using a specific chart. This data is saved in Chartbook files. Therefore, you need to save your charts as part of a Chartbook for this information to be saved and restored when you reopen your charts.
When this option is enabled, then the Compact Tool Values Window position is saved for each individual chart. When changing to another chart, the Compact Tool Values window will display at the last position it was at when using a Drawing Tool. Disable this option to use one common location for the Compact Tool Values window. When this option is enabled and the Compact Tool Values Window is displayed within the rectangle of a chart window, and the chart window is moved, the Compact Tool Values Window will be repositioned so that it maintains the same relative position to the top left of the chart that it had before.
This only works when the chart window is active and it is moved. The Compact Tool Values Window top left corner must be contained within the coordinates of the chart window itself, for the Compact Tool Values Window to move with the chart window it is associated with. Otherwise, it will not. It is designed this way because there are problems with moving it under certain conditions when it is not within the bounds of the chart window it is associated with. When this option is selected, the Compact Tool Values Window will be displayed horizontally rather than the default of vertically.
When this option is enabled and the After Single Tool Use Change To option is set to any value other than None then when exiting a drawing using the right-click the selected tool is not changed until a second right-click in the graphics area is performed, at which time it will switch the Tool usage to the value set with the After Single Tool Use Change To. Otherwise, when exiting a drawing using the right-click the selected tool is not changed and a second right-click will bring up the Right-Click Menu.
When this option is enabled, then the Adjust Regions Tool is always active no matter what other drawing Tool is currently selected. For instructions to use the Adjust Regions tool, refer to Adjust Regions. When this option is enabled then Drawing Tools that involve line positions across all the bars such as Line, Ray, Pitchfork, and Parallel Lines will be drawn in the Logarithmic scale meaning that these items will be curved or may not appear parallel. Otherwise, all the drawing tools are drawn in a Linear Scale and ignore the logarithmic setting.
This means that lines will be straight and appear parallel. When this option is enabled, then when actively using the Hand Tool, vertical movement of the chart is possible when you left click and drag your pointer vertically on the chart. If you press and hold the Control key on your keyboard when dragging vertically on the chart, then the scale for the Chart Region you are dragging will compress and expand instead of being moved up and down. When this option is enabled, then when one of the following tools is selected from the Tools menu: Pointer , Chart Values , Adjust Regions , or Hand ; you are then able to left click on a Chart Drawing on the chart, to select it.
When you left click again on that drawing, you are then able to Move or Adjust the drawing. For more information, refer to the Move Drawing and Adjust Drawing sections. When this option is enabled and a new Chart Drawing is being created on the chart with one of the Tools, then the method of interaction is by using the left Pointer button to set the first point of the Chart Drawing at the current location of the Pointer on the chart, continuing to hold that left button, move the Pointer to the location of the second point and then release the left Pointer button to finish the drawing.
To modify a Chart Drawing when this option is enabled, use the left Pointer button on the Chart Drawing at the location where you want to modify it, continue to hold the left Pointer button, move the Chart Drawing as required and then release the left Pointer button. When this option is disabled, to initiate a Chart Drawing, left click the Pointer and release, move the Pointer to the second point and left click the pointer again. When this option is enabled, then after you modify a drawing such as a Move, Adjust or changing the Properties, it will continue to be selected by having handles drawn along the drawing.
This allows the Volume Profiles to be erased, adjusted, or moved. For complete documentation, refer to Draw Volume Profile. When this option is enabled, then a drawn Volume Profile in a chart can only be selected by the boundary near its outline rectangle. When this option is enabled and when a Chart Drawing is currently selected, a right-click operation with the pointer will cause the Chart Drawing to be deleted. Only enable this option if this is the kind of functionality that you require.
You can choose one of the following: High , Medium , or Low. When this option is enabled, the anchor or end points of the Chart Drawing are highlighted with squares rather than circles, when drawing a new drawing or moving or adjusting a drawing. When this option is enabled, the anchor boxes or circles at the endpoints of the drawing, when displayed, will be the same color as the Chart Drawing itself.
This sets the display color of the anchor boxes or circles that define the endpoints of a drawing. This color will only be used if the option Anchor Uses Drawing Color is not checked. This specifies the font properties for the text that is drawn with Drawing Tools that use text.