Jump to content
  • 0

IG Platform. Extra drawing tools



I am new to IG to please forgive me if there is a thread on this already. I did a quick search and could not find the answer.

Is it possible to purchase additional drawing tools for the IG platform? 

I know there are many more options with MT4 and ProRealTime but I do not like the interface. IG is a lot cleaner and easier to use.

I am looking for a modified Schiff, action,reaction set and a Ray that extends forward in time, not back (unlike the trend line). Being able to connect two pivots with a line and then have the option to extend the line forward in time would be useful. I know a trendline does something similar but going backwards has no predictive value and clutters the chart.

I have used NinjaTrader in the past. Similar drawing tool capabilities would be useful. If there is a way of purchasing them that I have missed would someone please let me know.

Thank you.



Link to post

1 answer to this question

Recommended Posts

  • 0

I was thinking the same thing. What is the point of having a line that extends in the past?! Not only does it clutter the chart, as you say, but worse, it stops you from seeing clearly when you put it on! Conversely, the simple channel tool does not even extend forward, it's just between the two points at the time of drawing. Pretty hare-brained, I have to say. Really surprised that these two very simple-to-fix  things have been tolerated so far. I cannot believe others will not have brought this up ages ago. Maybe the moderator could pass this on as feedback?

Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      14/01/21 09:51

    Newest Member
    Joined 11/04/21 13:32
  • Posts

    • oh, Fauci 'not sure' why Texas doesn't have COVID uptick after nixing masks (nypost.com) I can help out there, it's because there never was any science that backed mask wearing and the mandates are solely for psy-ops and conditioning purposes. Meanwhile study covering 10 million shows no Covid asymptomatic spread. Asymptomatic transmission of COVID-19 didn’t occur at all, study of 10 million finds | News | LifeSite (lifesitenews.com) And next, actually only a minimal chance of surface contamination after all. CDC just announced on Monday that there is less than 1 in 10,000 chance of surface contamination. That is 0.0001  Guy Wadas @GuyAWadas   As the whole house of cards comes tumbling down here's a very well researched and referenced blog piece on the mRNA vaccines. Spoiler alert, you should be very worried; 18 Reasons I Won't Be Getting a Covid Vaccine (deconstructingconventional.com)   Meanwhile Matt has a chat with the boss; Matt Hancock  @MattHancock Great to speak to @wef today regarding the UK vaccine rollout. I set out why government, academia & enterprise have been crucial to our deployment success.   As I’ve said many times before all roads in this lead back to Davos & the @wef. Western govts are following the WEF’s #GreatReset agenda. ‘Vaccine passports/‘Covid certificates’ - the gateway to a Chinese style social credit system, are a key part of this agenda.   Neil Clark  @NeilClark66   .
    • A Better Way To Go About Technical Analysis   I have never been a chartist. I knew nothing about moving average crossovers, chart patterns, candlesticks and oscillators. Matter of fact in all honesty I still don't. One of my role models is Anton Kriel; the man manages almost 100 million in assets, runs an online academy, manages 1000 traders and is active on tweeter he is simply a beast!  In his educational talks to students, technical analysis is the last 10 percent of his investing process and he only knows basic patterns ! I did that at first ( support and resistance patterns)  and I was relatively successful before using other  indicators and TA , didn't do too bad but returns were not out of this world either. I did however I noticed that recently, my losses began to accelerate whilst using them. Not that there is anything wrong with indicators per say, its just that there is no standardised indicator that can capture the behaviour of price at granular/deep level ( for me at least) .     I have always been obsessed with tinkering with things and exploring ideas about their inner workings. Problem with doing this with a live account is education in the form of losses can be psychologically draining, Taking losses with large positions whilst experimenting, comes with sleepless nights and short tempered flareups with family members.  This is why I thought there has to be a better way to do this. A way that bears the least emotional and personal toll. So after 1/3rd of my account got wipped-out I turned to math. More on this later.      In 1854 there was an outbreak of cholera in London. Nasty disease . It was thought to have been spread through "miasma" ; which is some sort of vapour or smell like entity or something. But a man called Jon Snow was skeptical. His skeptisism was so pronounced that he measured and mapped out all sightings / points where the disease was reported and came the realisation that the water supply  in soho was the source of infection. The story goes that he marched into soho and broke the handle of the pump that supplied water to the area. Soon after the pump was destroyed the infection stopped . Upon investigation, it was realised that the water supply was within close proximity to a cesspit hence the source of the cholera outbreak. Jon was able to come to that conclusion by deliberately measuring , mapping and taking copious notes on the cases of cholera the he came upon. This is part of my process. I measure and map EVERYTHING that is relevant to my portfolio/ positions /ideas views outlook forecast etc. WRITE S&^$ DOWN . If it has a number, write it down somewhere. A note book is preferable but write it somewhere on something. Get into the habit. After writing things down calculate the % change on a historical basis. i.e. how has this number changed vs where it has been in the past ? it doesn't have to be organised at first, that will come later but get into the habbit. Be cognisant of the numbers and how the numbers change. It could be price, economic data points name it . Just write it somewhere you will be surprised the insights you come up with yourself before they become the narrative.  Top things I like to have in my note book ( I have at least 30-40)  is the prices or change in prices  of common macro drivers: 1) The Dollar 2) The Move Index ( bond volatility) 3) The Vix ( spy vol) 4) Commodities / Oil 5)  VXN ( nasdaq vol) 6)  OVX ( oil vol) 7)  Major market Indexes.          These are the things that you should at least be watching. If you notice there are a few volatility drivers up there. That is deliberate. Before  I explain why let me dive into a personal anecdote from my time as a child. I skipped school a lot as a teenager and as a result my grades deteriorated , as function of that my annual school report was abysmal as a function of that my mother seeking answers came to the school and found out that I was skipping classes which ended in her beating the dogS%$% out of me in from of my teachers and friends. That embarrassment I felt was the 6th derivative of a bad decision I made 6 months prior. 1st derivative was me skipping classes 2nd was deteriorating grades 3rd was my mum getting pissed off because private school is expensive 4th was her coming down to school 5th was the beating and 6th was the embarrassment . As an investor you have to start thinking in derivatives ie what will be the knock on effect if x happens ? I always did this when I thought about running my business but I never thought to do this when looking at prices. Which brings me to volatility . VOLATILITY IS THE FIRST DERIVATIVE OF PRICE. This is why it is very important to keep it on your dash board. The standard deviation of volatility or the VOL of VOL is the 3rd derivative of price. Understanding how that derivative behaves has gotten me out of a lot of trouble and put me on the path to slowly making my money back. Did you know that since 1999 the S&P500 price moves have a 96% correlation with the calculation of volatility for the Implied volatility of options that are at or near the money in the option market? Well I didn't know this either ..... MATH! . Understanding volatility is crucial as a risk management tool. It is the keys to the city.  I have attached a paper below that you can all read to get more understanding so that you can build you own models. My model is built around the principles in this paper.  https://www.cambridge.org/core/journals/journal-of-financial-and-quantitative-analysis/article/unknown-unknowns-uncertainty-about-risk-and-stock-returns/6E0E98349D20C1DCF67F3A0452361B80 Good Luck CA
    • Hi, you need an econ calendar, take your pick; Top 11 Forex Calendars in 2020 (earnforex.com)
  • Create New...