Drawing Tools can be applied, moved, and formatted, directly on a chart, providing tremendous flexibility. Many drawing tools allow you to analyze new data on a chart by extending the drawing object to the left or to the right of the chart. You can use them to call attention to any area of a chart you wish.
Text tool enables writing down any text right on the chart.
You can use this non-analytical drawing tool to post your notes, trading ideas, label indicators, swings or note any other specific chart activity, and so on. Text Tool provides user with possibility to customize font settings, change notes, move the text to any place on the chart.