IT_Quadrilateral

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The IT_Quadrilateral tool is a polygon shape tool used to help determine breakouts/breakdowns and is sometimes used in conjunction with the IT_Emblem. Build 7v10.
Rating: 5/5
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Manufacturer: Integrity Traders
Description

Quadrilateral

The IT_Quadrilateral tool can be used for geometric analysis. A version is also offered in Market Analyst. Here is a link to a video showing a way to use the tool to enhance the Emblem.

https://www.youtube.com/watch?v=98CVJQrcH2I

The IT_Emblem is a popular tool to use with the IT_Quadrilateral. Click the beginning location, click second location, move far dot to a final location and click a third time. Reselect the second or third to relocate those positions. Adjust Emblem to line up.

 QuadChartThumb

 Above you can see the IT_Quadrilateral tool high point predicting the down turn of price before reaching the closest Emblem line.

 

QuadAngleThumb

In the above charts you can see the Diagonals and Quarters turned on as well as the Angle.

Adding the IT_ChartSquare and squaring the chart allows you to see the corner angle is 90 deg. and the Quad is actually square cornered.

 

 QuadSettings7v7QuadSplitButton

Quick settings

TickAdjusterV2

Ticks per bar and Points per bar manual overrides.

 

Many settings and adjustments. Now with Diagonals, Quarters and TickAdjuster functions, compare to this Quadrilateral tool.

Key Features

  • Easily draw a Quadrilateral polygon.
  • Ability to apply two or more tools at once, just change the ID color of additional tools.
  • Price snapping on/off.
  • Lines have settings for thickness, color, style.
  • Fill can be turned on/off.
  • Fill opacity setting.
  • Small toolbar button option.
  • Definable hot key.
  • Survives chart refreshes and restarts.
  • Anchors will never wander to other bars on refreshes/restarts.
  • Angle display option shows the included angle of the corner of the first anchor point during draw.
  • TickAdjuster to adjust the Angle display according to the chart size: Auto mode with manual overrides including Ticks per bar and Points per bar.
  • Quick settings button pulldown.

Change Log

3/11/16 - Modified the TickAdjuster to be more accurate in Auto mode.

12/24/15 - Removed the Restore Data section in Parameters to save space.

7/6/15 - Updated the quick setting button. Pull down menu arrow integrated and on the right side.

5/7/15 - Added quick settings from button pulldown and added Ticks per bar and Points per bar overrides to the Tick Adjuster.

3/28/15 - Removed the optional corner dots and replaced with visuals of the hotspots. Now able to move the whole polygon by dragging the 1st anchor hotspot. Dragging the 2nd anchor hotspot now does not remove the polygon but instead allows reshaping the quad.

2/17/15 - Modified the indicator to work on non-equidistant bars. User is cautioned when using it as the irregularly spaced bars will not interact normally with the tool and cause an irregular polygon shape.

1/8/15 - Added the TickAdjuster function and Angle display option.

12/25/14 - Added Diagonal lines and Quarters (polygon 1/2 lines). Made dots invisible by default.

12/22/14 - Fixed bug with the Snap Off function.

12/18/14 - added product

 

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Reviews

Sunday, 03 May 2015
The Quadrilateral allows you to project accurately what are high probability reversals and/or profit targets. It can measure both angles and fractions of a whole 1:1 projection. Because of the newly developed adjustment capabilities, you can move it around from one pattern to another frequently without making any adjustments. It is an excellent compliment to other math based drawing tools.
John