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How to Add Drawing Tools in TradingView

· 16 min read

TradingView's drawing tools are like having a highlighter and a set of smart stencils for your charts. They let you mark up support levels, trace trends, and spot potential reversals right on the price action. Getting comfortable with how to add these drawing tools is a game-changer, whether you're just starting out with simple lines or layering on advanced patterns for deeper analysis.

Let's walk through how to get these tools onto your chart, step-by-step.

How to Add Drawing Tools in TradingView

What Are Drawing Tools in TradingView?

Think of TradingView's drawing tools as a collection of instruments you can overlay on your charts to help with your analysis and planning. They don't clutter the underlying data; they just help you see it more clearly. The range is vast, from a basic straight line to more complex tools like Fibonacci retracements.

By using them, you can visually note important moments, like:

  • A historical price level the market has reacted to before.
  • A clear upward or downward trend channel.
  • A potential target for your next trade.
  • Even fundamental events that might impact the price.

The tools are neatly grouped into categories, so you can easily find what you're looking for:

CategoryWhat It's ForCommon Examples
Trend LinesSpotting the direction and strength of a trend.Simple line, Ray, Horizontal Line
Geometric ShapesHighlighting patterns or specific areas on the chart.Rectangle, Ellipse, Triangle
Measurement ToolsGauging the distance between points or projecting moves.Fibonacci tools, Pitchfork, Parallel Channel

The best part is that these tools are fully interactive. You're not just adding a static image; you can adjust, move, and extend your drawings in real-time as the market moves. This is especially useful if you're tracking fast-moving markets.

Using these tools isn't just about making your chart look "professional." It's a practical way to make your analysis more objective. By visually marking your plan, you're less likely to make impulsive decisions based on emotion. If you're new to TradingView, taking a few minutes to explore the toolset will save you a lot of time later.

Finding Your Way Around the Drawing Tools

So you're ready to start marking up your charts on TradingView? It's super straightforward. First, open TradingView in your web browser or fire up the mobile app and log in. From there, head to any chart—it doesn't matter if you're looking at stocks, forex, or crypto.

You'll find all the drawing tools waiting for you in a vertical toolbar on the left side of the chart. In the standard layout, it's always there. If you only see a thin sidebar, just click the little arrow icon to expand it and reveal all the tools.

To keep things tidy, the tools are grouped into handy, collapsible sections. Hover your mouse over any icon to see its name, which makes it easy to find exactly what you need, whether it's a simple horizontal line for marking support or something more advanced like the Gann Fan.

Tool CategoryWhat You'll Find Inside
Trend Line ToolsYour go-tos for tracking trends.
Fibonacci ToolsFor retracement and extension levels.
Geometric ShapesRectangles, circles, and triangles.
Annotation ToolsText boxes and emojis for notes.

On your phone or tablet, the process is just as easy but designed for touch. Simply tap the chart settings menu (it usually looks like three lines or a pencil icon) to pull up the tools drawer.

A little pro tip: you can right-click on the toolbar itself to customize which tools are visible or to sync your favorite tools across all the charts in your layout. If you have a premium plan, you'll also get access to extra tools, like auto-Fibonacci or different pitchfork variations.

Before you start drawing, just make sure your chart is zoomed to a comfortable level. Trying to place a precise line on a super-crammed, dense timeframe can be a bit tricky!

Step-by-Step Guide to Adding Basic Drawing Tools

Getting your chart set up with drawing tools in TradingView is really simple. Once you get the hang of it, you'll find the process is the same for almost every tool. Let's walk through the most common ones so you can start using them on your live charts right away.

Adding Trend Lines and Channels

Think of trend lines as the bread and butter of technical analysis. You use them to connect important price points and see the overall direction. Here's how it works:

First, find the "Trend Line" icon on the left-hand toolbar and click it. Then, move your cursor to the chart and click on the first significant swing low or high you want to connect. Now, just drag your mouse to the second point and let go. The line will snap into place and, by default, extend in both directions.

If you're looking at a market that's moving in a channel, the "Parallel Channel" tool is your friend. Click it, then click two points to draw your main trend line. After that, click a third time to set the width of the channel. This creates a neat price envelope that can help you spot bounces and potential trades. You can always adjust it later by dragging the little circles that appear on the line.

  • Click the Trend Line icon on the left panel.
  • Place your cursor on the starting price point and left-click.
  • Move your mouse to the endpoint and click again to anchor the line.
  • Extend or shorten the line by dragging its control points.

A little tip: In the tool's settings, you can enable "Ray" mode. This makes the line project forward indefinitely, which is perfect for seeing where a trend might be headed.

Incorporating Geometric Shapes and Annotations

Shapes like rectangles and triangles are fantastic for highlighting areas on your chart, like a consolidation zone before a big breakout.

To draw one, open the "Geometric Shapes" category and choose something like the "Rectangle" tool. Then, just click and drag on your chart to draw a box around the area you're interested in. When you let go, it's set. You can make the fill color transparent if you don't want it to block the price action underneath.

Annotations, like text boxes or callouts, are perfect for leaving yourself notes. For example, you can mark where an earnings report is due. Just pick the "Callout" tool, click on the chart, type your note, and position the arrow. You can resize the box and color-code it to keep things organized.

  • Open the Geometric Shapes category.
  • Pick a shape (like the Ellipse for circling rounding tops).
  • Click and drag on the chart to draw the shape.
  • Customize the fill color and opacity in the style menu to make it less distracting.

If you're on your phone: Use a pinching motion to zoom in while you draw. It makes placing things on a small screen much easier.

Using Fibonacci and Measurement Tools

Fibonacci tools are a powerful way to gauge how far a price might pull back or extend. To use the Fibonacci Retracement, select it from the toolbar. Then, click on a significant swing high and drag all the way down to the corresponding swing low (or from low to high for an uptrend). When you release, all the key levels like 38.2% and 61.8% will automatically appear, acting as potential support or resistance.

For getting hard numbers, the measurement tools are incredibly useful. Tools like "Price Range" let you click at one point and drag to another, instantly showing you the price difference and the number of bars in between. This is a lifesaver for planning your trade size and risk.

  • Find the Fibonacci Tools in the panel.
  • Click and drag from one extreme price point to the other.
  • You can add or adjust the retracement levels in the settings.
  • Use the measurement tools to get exact volatility readings.

Quick trick: If you need to reverse the direction of your Fibonacci tool (for instance, if you drew it upside-down), just hold the Shift key while you're drawing.

Making Your Drawings Work for You

Once you've added a drawing to your chart, the real fun begins. Tweaking these tools is what makes them so useful. Just right-click on any drawing to bring up a quick menu. If you select "Settings," a whole panel opens up where you can get into the details—adjust the line thickness, change colors, or switch to a cool dashed pattern. Want your highlight to be less distracting? Make the background semi-transparent. You can even set up alerts to ping you when the price touches one of your lines.

Keeping everything organized is key, especially when your chart starts getting busy. You can group related drawings together by holding Ctrl while you click on them, then right-click and choose "Group." It’s a lifesaver for keeping your chart layers tidy. For the ultimate control, use the Object Tree (you'll find it in the right-click menu). It lets you hide, lock, or delete any drawing without messing up your chart.

Love a particular set of tools you've drawn? Save it as a template. Just select all the drawings and save them as a preset. Next time you're looking at a different stock or currency pair, you can load that template instantly.

If you use a multi-chart layout, make sure to turn on the "Sync Drawings" option in your chart properties. This keeps your drawings consistent across all your charts. And if you want to share your ideas, you can publish your chart with all the drawings intact to get feedback from the community.

Finally, don't forget a little spring cleaning now and then. Use the "Remove Drawings" tool to clear out old lines and avoid a cluttered, confusing chart.

  • Right-click drawing > Settings > Style tab for visuals.
  • Use Object Tree to toggle visibility.
  • Save as template: Select > Save Drawing Template.
  • Enable alerts: Tools > Add Alert on Object.

While premium accounts get a few extra tools and automatic syncing, the free version is seriously powerful and handles almost everything you'll need.

Advanced Tips for Pro-Level Usage

Once you're comfortable with the basics, you can really start to make these drawing tools work for you. It's like having a conversation with your charts. The real magic happens when you combine them with other pieces of information.

For instance, don't just draw a trend line in isolation. See if it lines up with a key moving average or a support level. Or, if you spot a divergence on the RSI indicator, try drawing a trend channel directly over it to confirm a potential reversal signal. This layering of tools across different timeframes gives you a much stronger, more complete picture.

To speed up your workflow, lean on keyboard shortcuts. They become second nature and let you focus on the price action, not the toolbar. Just press Alt+T to instantly start drawing a trend line, or Alt+R for a Fibonacci retracement.

You can also explore some of the smarter tools TradingView offers. The Auto Trend Line is great for getting a starting point—it detects and draws lines for you, which you can then tweak and adjust manually. In really jumpy markets, the Date Range tool is perfect for zooming in on a specific event-driven move, boxing it off from all the other noise.

For those who like to tinker, Pine Script lets you automate drawings based on your own conditions. It's a powerful way to backtest ideas, but for most day-to-day analysis, manually placing your tools is still the way to go. If you want to create these automated scripts without learning to code, tools like Pineify make it incredibly accessible. You can build complex, error-free indicators and strategies visually, or use their AI to generate the Pine Script for you in minutes.

Pineify Website

On mobile, it's all about the gestures. A long-press selects a tool, and a swipe lets you adjust its position. Simple, but effective.

One of the best habits you can build is to keep a quick journal. Make a note of why you drew a certain line or pattern and what happened afterward. Did the price respect that level? This feedback loop is how you refine your strategy and learn what works for you.

A final word of advice: avoid the temptation to over-draw your chart. Clutter leads to confusion. Sticking to 5-7 key, high-conviction tools keeps your chart clean and your mind focused.

  • Look for Confluence: Combine your drawings with indicators for stronger signals.
  • Embrace Shortcuts: Use Alt + [Letter] to draw faster.
  • Consider Automation: Use Pine Script for dynamic, condition-based drawings.
  • Learn from Your Trades: Journal your drawing-based trades to see what's working.

Many traders find that getting disciplined with their chart markings like this helps them see opportunities more clearly and can significantly improve their trading decisions.

Got Questions About the Drawing Tools? We've Got Answers.

Here are some of the most common questions we get, broken down to make everything crystal clear.

Getting Started

What if I can't find the drawing tools panel? Don't worry, it happens! The panel lives on the left sidebar. If it's not there, it's usually because you're in the screener view and not the full chart. Just click the chart icon to get back. On your phone, you'll find the tools by tapping the icon at the very bottom of the screen.

How do I get rid of one drawing without messing up the others? It's super simple. Just click on the specific line or shape you want to remove and hit the Delete key on your keyboard. You can also right-click on it and choose "Remove." If you delete the wrong thing by accident, a quick Ctrl+Z (or Cmd+Z on Mac) will undo it. To delete a bunch at once, use the Object Tree to select multiple drawings.

Features & Access

Can I add my own custom colors? Absolutely! Head into the Settings menu and find the Color tab. From there, you can pick from beautiful palettes or type in a specific hex code if you need to match your brand's colors. You can even save your favorite style as a default so all your new drawings look consistent.

Are the drawing tools available on every TradingView plan? The basic set of tools is available for everyone on the free plan. For more advanced tools, like Elliott Waves, you'll need a Pro plan or higher. You can upgrade any time from your account settings. The good news is that whatever features you have on desktop, you'll also have on the mobile app.

Can I share my charts with the drawings on them? Yes, and it's really handy! When you publish a chart to your profile or share a link, all your drawings are included. You can also export the whole thing as an image or a PDF straight from the menu. If you share a trading idea in the community, your tools will be visible for everyone to see. You can even save your entire setup as a template to use on another chart or device.

Next Steps: Putting Your New TradingView Skills to Work

Alright, you've got the basics down for adding drawing tools. The real magic happens when you start using them on a live chart. Here's a simple way to get going and keep improving.

1. Start Simple on a Live Chart Head over to your TradingView chart and pull up a major pair like EUR/USD. Don't overcomplicate it at first. Just try drawing a single trendline along the most recent highs or lows. This simple act can instantly help you see the market's current bias for the day.

2. Connect and Share with Others One of the best ways to learn is by sharing. The TradingView community forums are a fantastic place to post your annotated charts. You can get feedback from experienced traders and see how others are analyzing the same markets. It's a surefire way to sharpen your technical analysis skills.

3. Your Evolving Trading Toolkit As you practice, you'll naturally find tools you prefer. Here's a quick guide to some common ones and what they're great for:

ToolBest For
Trend LinesIdentifying the direction and slope of a trend.
Support & ResistanceSpotting key price levels where the market might pause or reverse.
Fibonacci RetracementFinding potential pullback levels within a larger trend.

4. Consider Your Next Upgrade Once you're comfortable, you might find the free plan a bit limiting. That's when it's worth looking at a paid plan. They unlock more advanced tools, like additional indicators per chart, which can be a game-changer for your analysis. You can even find TradingView discount codes to make premium features more affordable.

5. Track Your Progress Make it a habit to look back at your saved chart layouts at the end of each week. Reviewing your old drawings and notes is incredibly powerful. You'll see what you got right, what you missed, and how your thought process is evolving. Think of it as your personal trading journal. As you dive deeper into technical analysis, you might want to explore more advanced concepts like the Range Filter Indicator, which can complement your drawing tools beautifully.

So, what's your go-to drawing tool? Let us know in the comments below, or better yet, publish a chart idea. We're always excited to see how you're putting these tools into action. If you're looking to take your skills further, consider checking out the best Pine Script course to learn how to automate your analysis and create custom indicators.