Analyzing Charts with Charting Tools
Applying Technical Formations
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Introduction
Track 'n Trade Pro has a complete set of Charting Tools that enable the futures trader to apply concepts from Technical Analysis to their charting. Take a look at some of the Technical Analysis formations and trends in this chapter and see how to apply these concepts in trading with Track 'n Trade Pro charting tools.

For more information on these formations and tools see Gecko Software Educational CD's available at www.trackntrade.com

The first tool in the Charting Toolbar is the Crosshair Tool. Although this tool is not used in helping you define and technically analyze data, it is used when lining up your technical indicators and recurring price patterns.

Crosshair Tool

The Crosshair tool is used to draw a line vertically and horizontally on the chart. The vertical line is drawn through the Indicator Window as well. To help place the Crosshair line on a specific value you will notice the cursor price is displayed on the vertical line of the Crosshair.

Charting a Crosshair:
1. Select the Crosshair tool from the Charting Toolbar.
2. Click on the Chart Window to place the Crosshair.

Moving a Crosshair Drawing:
1. To select the Crosshair, click on the center point or lines of the crosshair and drag to the new location, release mouse button to place. Note: The tool is selected when a box appears at the center point.

Deleting a Crosshair Drawing:
There are two ways to delete the Crosshair tool.
1. Select the Crosshair drawing by clicking on it, and then press the Del(Delete) key on your keyboard.
2. Place the mouse cursor over the Crosshair and then right-click. In the menu, select "Delete".

Deleting Only the Horizontal/Vertical Line of the Crosshair:
1. Right-click on the center point of the Crosshair to view the Properties menu.
2. Select/Deselect "Show Horizontal (Vertical) Line". A check will appear in front of the item when it is selected.

Changing Properties of a Crosshair:
Right-click on the drawing to view the Properties menu. Properties that can be changed are:

Foreground - Changes the line color of the Crosshair.

Line Thickness
- Changes the thickness of the Crosshair lines. Choose values from 1-6.

Line Style
- Changes the line style of the Crosshair lines. Choose from Solid, Dashed, Dotted, and more.

Font
- Changes the font of the cursor price displayed.

Show Text
- If this option is selected, the text will stay on the chart after the Crosshair has been drawn. If this option is not selected, the value will only appear when drawing the Crosshair.

Vertical Line
- Select/Deselect to view or hide the vertical Crosshair line. Note: If both the vertical and horizontal lines are deselected, the crosshair tool will be deleted.

Show Horizontal Line
- Select/Deselect to view or hide the horizontal Crosshair line. Note: If both the vertical and horizontal lines are deselected, the crosshair tool will be deleted.

Setting
- To define the date and value of the Crosshair, select settings and type in the values. You can also choose to view or not view the horizontal and vertical lines.

Send to Back
- Changes the layer of the tool. This option is used when more than one tool is in the same area of the chart. Click on "Send to Back" when you need to access a tool under the Crosshair.

Example of the Crosshair in Track 'n Trade Pro:

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