Forex Tester Drawer Indicator

Trading Sessions indicator

With Forex Tester Drawer Indicator, it is possible to draw objects and patterns on the chart: from primitive (triangle, circle, etc.) to more complicated (Fibonacci figures, channels, etc.). The objects can be customized and are accessed to with the help of hotkeys.

Works on Forex Tester 4.

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The idea behind the indicator

The tool allows to draw primitive objects and more complicated patterns on the chart. Access to drawing is granted with hotkeys, set in the indicator settings.

Also, the indicator has prompts in the form of comments on the chart. These prompts can be customized or turned off in the indicator parameters. The commentary settings are located in the parameters group “Comment Setting”.

The indicator parameters allow to create and use customization templates for each objects.

Everything that is needed to use the indicator is to set suitable parameters for work.

Why is our indicator better than the standard FT objects

In FT, you can draw objects manually, but with the help of FT Drawer this process becomes much easier. Firstly, all objects can be selected via hotkeys instead of the top menu of the Forex Tester. Secondly, the indicator allows to have multiple style templates, which minimizes the necessity to set the style for each object manually. Furthermore, one more feature of FT Drawer is that it has patterns which are unavailable in Forex Tester.

Available objects for drawing:

Elipse

Triangle

Rectangle

Trend line

Fibonacci Expansion

Fibonacci Retracement

Fibonacci Arc

Fibonacci Channel

Fibonacci Fan

Elliot Wave

Andrews Pitchfork

Standard Deviation

Advanced pattern

Vertical line

Horizontal line

Horizontal ray

Text mark

Label

Risk Reward

Channel

Object creation algorithm

1.

Press the button, set in showDashboardKey.

2.

Press the button for the needed object (name of the parameter consists of the object name and the word Key).

3.

Choose of three templates pressing the corresponding button (parameters variantKey1, variantKey2, variantKey3).

4.

Click in the needed places on the chart. Quantity of the needed points for complete object deployment on the chart may differ depending on the object type.

5.

Repeat 1-4 till addition of a second object.

Object deletion algorithm

1.

Press the button, set in the parameter deleteAllObjectKey.

Objects for drawing

1.

Elipse

2 points are needed for drawing.

Parameters for ellipse:

Color — color of the ellipse.

Style — style of the line.

Line Size — thickness of the line.

Scale — scale

Back — filling of the ellipse

Example of drawn ellipse

Example of drawn ellipse

2.

Triangle

3 points are needed for drawing.

Parameters:

Color — color of the triangle.

Style — style of the line.

Line Size — thickness of the line.

Back — filling of the triangle

Example of drawn triangle

Example of drawn triangle

3.

Rectangle

2 points are needed for drawing.

Parameters:

Color — color of the rectangle.

Style — style of the line.

Line Size — thickness of the line.

Back — filling of the rectangle.

Example of drawn rectangle

Example of drawn rectangle

4.

Trend Line

2 points are needed for deployment.

Parameters:

Color — color of the line.

Style — style of the line.

Line Size — thickness of the line.

Example of drawn trend line

Example of drawn trend line

5.

Fibonacci Expansion

3 points are needed for deployment.

Parameters:

Color — color of the main lines.

Style — style of the main lines.

Line Size — thickness of the main lines.

ColorLv — color of the level lines.

StyleLv — style of the level lines.

Line SizeLv — thickness of the level lines.

VariantLv — level values (e.g.: 0.618/FE 61.8,1/FE 100.0,1.618/FE).

Example of drawn Fibonacci Expansion

Example of drawn Fibonacci Expansion

6.

Fibonacci Retracement

2 points are needed for deployment.

Parameters:

Color — color of the main lines.

Style — style of the main lines.

Line Size — thickness of the main lines.

ColorLv — color of the level lines.

StyleLv — style of the level lines.

Line SizeLv — thickness of the level lines.

VariantLv — level values (e.g.: 0.618/FE 61.8,1/FE 100.0,1.618/FE).

Example of drawn Fibonacci Retracement

Example of drawn Fibonacci Retracement

7.

Fibonacci Arc

2 points are needed for deployment.

Parameters:

Color — color of the main lines.

Style — style of the main lines.

Line Size — thickness of the main lines.

ColorLv — color of the level lines.

StyleLv — style of the level lines.

Line SizeLv — thickness of the level lines.

VariantLv — level values (e.g.: 0.618/FE 61.8,1/FE 100.0,1.618/FE).

Example of drawn Fibonacci Arc

Example of drawn Fibonacci Arc

8.

Fibonacci Channel

3 points are needed for deployment.

Parameters:

Color — color of the main lines.

Style — style of the main lines.

Line Size — thickness of the main lines.

ColorLv — color of the level lines.

StyleLv — style of the level lines.

Line SizeLv — thickness of the level lines.

VariantLv — level values (e.g.: 0.618/FE 61.8,1/FE 100.0,1.618/FE).

Example of drawn Fibonacci Channel

Example of drawn Fibonacci Channel

9.

Fibonacci Fan

2 points are needed for deployment.

Parameters:

Color — color of the main lines.

Style — style of the main lines.

Line Size — thickness of the main lines.

ColorLv — color of the level lines.

StyleLv — style of the level lines.

Line SizeLv — thickness of the level lines.

VariantLv — level values (e.g.: 0.618/FE 61.8,1/FE 100.0,1.618/FE).

Example of drawn Fibonacci Fan

Example of drawn Fibonacci Fan

10.

Elliot Wave

Quantity of points is unlimited.

Parameters:

Color — color of lines.

Draw letters — turns display of letters/numbers on/off.

Letters Color — color of symbols.

Letters — line of symbols, with which the lines will be signed. Defines how many lines there will be.

Line Style — style of lines.

Line Width — thickness of lines.

Example of drawn Elliot Wave

Example of drawn Elliot Wave

11.

Andrews Pitchfork

2 points are needed for deployment.

Parameters:

Color — color of the main lines.

Style — style of the main lines.

Line Size — Thickness of the main lines.

Example of drawn Andrews Pitchfork

Example of drawn Andrews Pitchfork

12.

Standard Deviation

2 points are needed for deployment.

Parameters:

Color — color of the main lines.

Style — style of the main lines.

Line Size — thickness of the main lines.

RayLight — allows to turn lines into rays.

Example of drawn StdDev

Example of drawn StdDev

13.

Advanced pattern

5 points are needed for deployment.

Parameters:

Trend Color — color of lines.

Fill Color — color of the fill.

Text Color — color of the text.

Text Font Size — size of the text.

Example of drawn Andrews Pitchfork

Example of drawn Andrews Pitchfork

14.

Vertical Line

One point is needed for deployment

Parameters:

Color — color of line

Style — style of line

Line Size — thickness of line

Example of drawn vertical line

Example of drawn vertical line

15.

Horizontal line

One point is needed for deployment.

Parameters:

Color — color of line

Style — style of line.

Line Size — thickness of line.

Example of drawn vertical line

Example of drawn vertical line

16.

Horizontal ray

Two points are needed for deployment.

Parameters:

Color — color of line.

Style — style of line.

Line Size — thickness of line.

Example of drawn vertical line

Example of drawn vertical line

17.

Text mark

One point is needed for deployment.

Parameters:

Text — a line that will be deployed.

Font — font.

Font size — size of the font.

Color — color of text.

Example of a text mark

Example of a text mark

18.

Label

One point is needed for deployment. This text will be locked on the chart regardless of its changes.

Parameters:

Text — a line that will be deployed.

Font — font.

Font size — size of the font.

Color — color of text.

Example of Label

Example of Label

19.

Risk Reward

Three points are needed for deployment.

Parameters:

Color1 — color of the upper square.

Color2 — color of the lower square.

Risk Line Style — style of the lines.

Risk Line Wisth — size of the lines.

Risk Font Size — size of the text.

Example of drawn Risk Reward

Example of drawn Risk Reward

20.

Channel

Three points are needed for deployment.

Parameters:

Color – color of the line.

Style – style of the line.

Line Size – thickness of the line.

Example of drawn Channel

Example of drawn Channel

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Technical Requirements

There are some technical requirements that you need for loading and correct work of the indicator:

  • A computer that has all the necessary conditions for the Forex Tester 4 installing;

  • The desktop version of Forex Tester 4 installed on your computer;

  • The installed tool must be configured on the Forex Tester 4 chart.

If you are interested in a custom indicator, you can order it here. A ready-made form will help you not to forget important aspects of your technical specification.

You are free in your final choice and let it be the right one. Everyone profits!

Important information

All Products are provided “as is” without any warranties regarding effectiveness, performance, or suitability for particular purposes. The actual performance of the Products could be different from testing results and your expectations.

Please study carefully all information about the Products before purchasing.

The amounts paid for the Products are non-refundable.

4xDev assumes no liability for any direct or indirect losses resulting from the use of the Products.