Drawing elements are activated in the PRO version of the MoonBot terminal if the Moon Scalper module is present and the “Pencil” button is enabled. Inside the menu “Pencil”, there is an element of drawing “Arbitrary slanting line” (trend lines), which is set on the chart with the CTRL button pressed on the keyboard, and the first click of the mouse sets the first point of the line, and the second click – the second and between these points a segment will be drawn. This line can be drawn in any variant: vertically, horizontally, but most often it is used to indicate inclined trend lines (descending or ascending). Such slanted lines help to understand if the trend is broken already or not yet, as all traders see the trend break, then after it there is a more active growth or decline in price and these patterns are used in trading. In the same menu you can choose the type of line, its thickness, color and transparency and set sound alerts which will signal when the price will cross these lines.
In the MoonBot terminal in the “Pencil” button there is a drawing element “Slanted lines”, what is it for?
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Interface configuration