Add Equidistant Channel

To add an equidistant channel to a chart:

1. Select the Equidistant Channel tool in one of the following ways:

• On the toolbar, click the Add Channel arrow , and then click Add Equidistant Channel.
  To choose the drawing mode, point to Add Equidistant Channel and then click the necessary mode.
• On the Insert menu, point to Channels, and then click Add Equidistant Channel.
• Right-click in the chart, point to Charts Elements on the shortcut menu, and then click Add Equidistant Channel.
  
  * In the E*TRADE FX platform, you can also select the Equidistant Channel tool in the following way:
  On the Charts menu, point to Insert, point to Channels, and then click Add Equidistant Channel.
2. Click the point where the first trend line will start, draw the line to define the direction, and then click to fix the end point. Then click another point to define the distance to the second trend line.
   The points will be automatically adjusted according to the selected drawing mode if necessary.
   As you release the mouse button, the Add Equidistant Channel dialog box will appear.
   
   
3. Change the channel parameters on the Parameters tab if necessary:

• To change the name, in the Name box, type a new name.
  
  Note: To reset the channel name to default, click Reset.
• To extend the channel lines from the start point, select the Extend line start check box. Otherwise, clear the check box.
• To extend the channel lines from the end point, select the Extend line end check box. Otherwise, clear the check box.
• To show the channel label, select the Show label check box. Otherwise, clear the check box.
• To change the style of the channel lines, in the appropriate boxes, click the color, style and width of your choice.
• To show the channel in background, select the Show in background check box. Otherwise, clear the check box.
4. Change the line position on the Position tab if necessary:
   
   

• To change the price and date and time of the three points of the channel, in the appropriate Rate and Date boxes, select or type the price and date and time.
  
  Notes:

• To apply the changed properties (except the name) to all further equidistant channels by default, click Set as Default.
• To reset factory settings for the equidistant channel, click Reset.
5. Click OK.

Notes:

• You can use the Equidistant Channel tool until tools timeout expires. To change tools timeout, see General Options.
• To deselect the Equidistant Channel tool, do the same actions as for selecting the tool or one of the following:

• Right-click in the chart.
• Press ESC.