Free trading app and trading platform.


Free web platform user manual

 

Charts, trading from the charts, drawings and technical analysis

Chart is a widget that allows you to view and generate charts using a variety of indicators.

Figure 34 – Chart widget

Free trading platform and app: chart types.

Viewing charts. This is how you can view charts using the Chart widget:

Start typing a symbol in the text field in the top left corner. A table with matching symbols will appear as you type. The pop-up table consists of the All and Equities tabs. Both tabs comprise the following columns:

  • Symbol: Instrument symbol.
  • Description: Instrument description.
  • Exchange: Exchange where the instrument is traded (at the moment there is only one exchange

Figure 35 – Matching symbols in Chart

Free trading platform and app: symbols in the charts.

Click on the desired symbol to display its chart.

You can change the chart aggregation period using the Time Frame drop-down selector. Pre-set aggregation periods are: 1m, 5m, 15m, 30m, 1h, 2h, 4h, 1d, 1w, 1mn. You can also add a custom time frame. To do so, click Add Time Frame and specify the time frame in the popup window.

Figure 36 – Aggregation period selector

Free trading platform and app: time frame selector for charts.

To change the chart type, click on the Chart Type button. The supported types are Bar, Candle, and Line.

Figure 37 – Three chart types

Free trading platform and app: chart types (candlesticks, line, etc.).

You can choose to view the chart with crosshair, with crosshair and floating data box, or without the crosshair. To switch between these views, use the Crosshair button.

To zoom in or out, use the mouse wheel or buttons in the top panel of the widget.

Trading from the chart. You can issue various types of orders directly from the Chart widget. This is how you can do it:

To issue a Limit or Stop order, click the Limit/Stop button and select Limit or Stop orders. You can then place the order placeholder in the desired place on the chart and click Confirm to issue the order. Click Edit, if you wish to edit the order details in Order Entry.

Figure 38 – Placing a limit order

Free trading platform and app: placing a limit order.

To issue a Buy or Sell order, use the Buy or Sell buttons in the top panel of the widget or right-click in the desired place on the chart and select Buy or Sell.

Drawings and Studies. The Chart widget supports multiple technical analysis indicators (studies) and drawings that allow you to visualize price patterns for a more informed trading.

You can access drawings from the top panel of the widget using the Drawings button. The following drawings are available:

  • Trend Line
  • Price Line
  • Time Line
  • Oval
  • Rectangle
  • Trend Channel
  • Up Arrow
  • Down Arrow
  • Pitchfork
  • Fibonacci Retracements
  • Fibonacci Arcs
  • Fibonacci Rays
  • Text Note

Example: A Trend Line is a line drawn over pivot highs or under pivot lows to show the prevailing direction of price. To create a trend line, the chart must have at least two points. To draw a Trend Line:

  1. Choose Trend Line in the drop-down list of the Drawing tool.
  2. Right-click on the chart to mark the first point, then mark the second point.
  3. Click on one of the two points and drag it to change the size and direction of the line.
  4. Left-click on the trend line and drag it to move it around.

Figure 39 – Drawing a trend line

Free trading platform and app: drawing a trend line.

Chart Settings. To open the Chart Settings window, click the settings button. The following tabs are available: Appearance, Padding and Time Frame.

In the Appearance tab, you can modify General and Color settings. In General Settings, the following checkboxes can be activated or deactivated:

  • Show Crosshair (Fixed Data Box, Floating Data Box)
  • Show Volume (In Separate Axis)
  • Show Candle Border
  • Auto-scale Price Axis (Fit Studies, Fir Orders, Fit Positions)
  • Show High/Low
  • Show Grid
  • Show Watermark

In Color Settings, the following drop-down selectors are available:

  • Candles (Bull, Doji, Bear, Bull Wick, Bear Wick)
  • Bars (Up, Neutral, Down)
  • Lines (Up, Neutral, Down)
  • Common (Background, Foreground, Grid, Volume)

Activate the Padding checkpoint to use padding with the chart. You can also adjust preferences such as top, bottom, and right size.

In the Time Frame tab, you can add a custom aggregation period for your chart or choose from one of the pre-sets.

 

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