One useful tool in TradeLocker is the horizontal line tool, which allows users to create lines on the chart for a variety of purposes. By helping to locate important resistance and support levels as well as other reference points on the chart, it contributes to a more thorough analysis.
This tool, which provides a straightforward but efficient way to record important price levels, proves to be indispensable in a trader’s technical analysis toolkit. This tool helps identify regions of interest for trading, including possible entry and exit locations, by drawing clear graphic representations of supply and demand zones.
Watch the video below to learn how to use the Horizontal Line tool on TradeLocker: