Drawing tools

Channels & pitchfork

Parallel channels, linear regression trend and Andrews' pitchfork.

ToolTypePointsNotes
Parallel channelparallelChannel3Two points for the base line, the third sets the width; optional fill
Regression trendregressionChannel2Linear regression of the closes ± deviation std devs
Pitchforkpitchfork3Andrews' pitchfork: pivot, then the two reaction points

The regression trend reads the bar value from <Drawings source> (default close). Hold Shift while drawing to snap to 45° steps. Plain trend lines, rays and horizontal lines are under Lines.