Ellipse

An Ellipse is a non-analytical drawing tool drawn for the purpose of highlighting the desired segment of a chart. For instance, Ellipses can highlight a top, bottom, or a group of bars.

Inserting Ellipse

1. Select one of three ways to insert an Ellipse:
   • In the menu select Insert, point to Drawing and click Ellipse.
   • Click the Ellipse icon on the Drawing toolbar.
   • Click the arrow next to the Drawing Tools icon on the Main toolbar and select Ellipse from the menu.
2. The cursor will change to the Ellipse .
3. In the Chart Area click where the Ellipse is to begin.
4. Then keeping the left mouse button pressed move the pointer up, down, left, or right to position the Ellipse.
5. Release the button.

Moving Ellipse

To move an Ellipse without changing its size:

1. Drag the cursor the Ellipse that is to be moved.
2. The cursor Pointer will change into Hand .
3. Then keeping the left mouse button pressed drag the drawing tool to the desired position.
4. Release the button.

Reshaping Ellipse

To reshape Ellipse (change its size or proportions):

1. Drag the cursor the Ellipse that is to be reshaped.
2. The cursor Pointer will change into Hand .
3. Left-click the Ellipse and 4 small squares will appear on the Ellipse.
4. Drag one of these till the drawing tool becomes of the desired shape.
5. Release the button.

Formatting Ellipse

In MultiCharts one can change the settings of the Ellipse. All the changes are performed in the Format Ellipse window.

Each instance of an Ellipse has its own Format window. The number (if there are 2 or more Ellipses in the same Chart Window) are shown in the titlebar of each Format Ellipse window.

One can change the settings of an ellipse: the color, style and weight of the border line as well as the color and pattern of the fill. One can also change the time and price coordinates of the ellipse.

Setting Style

1. Access the Format Ellipse window.

   To access the Format Ellipse window:

   1. Drag the cursor to the Ellipse that is to be formatted.
   2. The cursor Pointer will change into Hand , then double-click.

   Or

   1. Drag the cursor to the Ellipse that is to be formatted.
   2. The cursor Pointer will change into Hand , then right-click.
   3. Select Format 'Ellipse'… from the shortcut menu.

   Or

   1. In the Format Objects window select the Drawings tab.
   2. Select the Ellipse that is to be formatted and press the Format… button.

2. Select the Style tab.
3. In the Line section, using the Color drop-down list, select any of the preset 40 colors for the line or click the Others… button to select the custom color.
4. In the Line section, using the Style drop-down list, select the desired style for the line.
5. In the Line section, using the Weight drop-down list, select the desired weight for the line (available only for the solid line).
6. In the Fill section, using the Color drop-down list, select any of the preset 40 colors for the fill or click the Others… button to select the custom color.
7. In the Fill section, using the Pattern drop-down list, select the desired pattern for the fill.
8. Check the Use as Default check box to use these settings as the default settings when creating other Ellipses.
9. Click OK.

Setting Coordinates Precisely

1. Access the Format Ellipse window.

   To access the Format Ellipse window:

   1. Drag the cursor to the Ellipse that is to be formatted.
   2. The cursor Pointer will change into Hand , then double-click.

   Or

   1. Drag the cursor to the Ellipse that is to be formatted.
   2. The cursor Pointer will change into Hand , then right-click.
   3. Select Format 'Ellipse'… from the shortcut menu.

   Or

   1. In the Format Objects window select the Drawings tab.
   2. Select the Ellipse that is to be formatted and press the Format… button.

2. Select the Properties tab.
3. In the Coordinates section enter the desired time coordinates in the Start Date and End Date fields or use the drop-down calendars.
4. In the Coordinates section enter the desired price coordinates in the Start Value and End Value fields.
5. Click OK.

Cloning Ellipse

To clone an Ellipse:

1. Drag the cursor to the Ellipse that is to be cloned.
2. The cursor Pointer will change into Hand , then right-click.
3. Select Clone Drawing from the shortcut menu.