Callout
Application
This tool is similar to a balloon. The difference is that callout allows user to extend its point from a specific location to a more customized placement.
Style
All options available for a text inside a callout, may be set in Style properties dialog:
General Options
Allows you to change the text color, font size, set bold or italic font.
Text Box
Where the text is typed.
Background
Toggles the visibility, color and opacity of a background for the text box.
Border
Toggles the visibility of a border for the text box. Can also change the border color.
Text Wrap
Enables/Disables text wrap within the text box.
Coordinates
In Coordinates properties dialog you can set precisely the position of the point and container of a callout vertically (by setting the price) and horizontally (by setting the bar number):
Price 1
Allows for the precise placement of the callout's point (Price 1) using a bar number and price.
Price 2
Allows for the precise placement of the callout's container (Price 2) using a bar number and price.
Visibility
In Visibility properties dialog you can switch the Callout tool displaying on charts of different timeframes: