Measurehotkey MTwo clicks — the readout appears between them

Click two points and read the move between them: dollar change, percent change, and how many bars it took. The only drawing that answers instead of asserts.

A measuring tape: an arrowed line between two clicks with a readout of the dollar change, percent change, and bar count between them. It is deliberately transient — a measurement is a question you asked, not analysis you made, so it never saves with the chart. It clears on right-click, Escape, or the next measurement.

Arm it (M), click the start, click the end. The readout floats on the line. Right-click dismisses it when you have your answer.

Universal mechanics: every tool is single-shot (it disarms after each drawing — the pin beside ✏ Draw re-arms it in one click), Esc cancels mid-drawing, clicking a finished drawing selects it for the ✕ Remove chip, and drawings persist per symbol, anchored to their candles.

The readout is the answer; the skill is asking comparable questions. Measuring this pullback against the last three tells you whether the current one is ordinary; measuring a rally in bars tells you whether momentum is arriving faster or slower than it used to.

The measurement sellers make constantly: from spot down to a strike — the percent is the cushion, and comparing it against the Expected Move for the same window shows whether that cushion is large or small by the option market's own math.

Measuring the last few post-earnings moves on a name, in percent, is a quick homemade check on whether today's implied move is asking a fair price for the event.

Like everything in this guide, these are descriptions of conditions and reference levels — context for your own decisions, not instructions to trade.