Charts

The “Charts” command includes commands of chart management and management of technical indicators attached to the chart. The following commands are available in it:

Metatrader Mobile chart menu Charts
  • Indicators — indicators management window will appear. The window contains the full list of embedded indicators in the mobile terminal. From this window, one can attach an indicator to a chart, change settings of indicators already attached, or delete the indicator from the chart. More details are given in the “Technical Indicators” section;

  • Objects — call the objects managing submenu. The following commands are available in the submenu:

    • List — call the window that manages attached objects. In this window, one can modify (“Modify”) or delete (“Delete”) the selected object;

    • Fibonacci Levels, Trendline, Horizontal Line, Vertical Line are all embedded objects in the mobile terminal;

    • Cursor — allows to select all objects attached to the chart. After the object has been selected, it is possible to change its location in the chart.

  • Update — update historical data. This will cause loading of all insufficient data within the available history range;

  • Zoom Out — zoom out the chart scaling. The same can be done by turning the mobile device joystick up;

  • Zoom In — zoom in the chart scaling. The same can be done by turning the mobile device joystick down;

  • Line Chart — display the chart as a broken line that connects the bar close prices;

  • Candlesticks — display the chart as a sequence of “candlesticks”;

  • Bar Chart — display the chart as a sequence of bars;

  • Properties — chart parameters setup. At execution of this command, a submenu with the following commands will open:

    • Grid — show/hide the grid in the chart window.

    • Auto Scroll — enable/disable automated left shifting of the chart after the new bar has started to be formed. If this option is enabled, the latest bar is always shown in the chart.

    • Chart Shift — move the chart from the right border of the window by 20% of the screen size.

    • Chart on foreground — place the chart on the top of the screen. If this function is enabled, all analytical objects will always be “under” the chart.

    • OHLC — show/hide the OHLC line. If this is done, an additional information line will appear in the upper-left part of the window. In it, besides symbol name ans the chart timeframe, the prices of the latest bar are listed. They are recorded in the following format: OPEN, HIGH, LOW, CLOSE (OHLC) – the bar open price, the bar highest price, the bar lowest price, and the bar close price, respectively. Thus, one can always view the precise value of the latest bar. This option also influences information lines of indicators subwindows.

    • Ask Line — show/hide the Ask price level of the latest quote. Bars are built and displayed in the terminal only on Bid prices. However, Ask price is used for opening of long positions and for closing of short positions. It is not shown in the chart, so it cannot be seen. For better control of trading, one can enable the “Ask line” parameter. After this command has been executed, an additional red line will appear in the chart to the Ask price of the latest bar.

    • Period separators — show/hide period separators. Data and time of each bar are shown on the horizontal axis of the chart. The tick spacing of this horizontal scale will be the selected period (timeframe). The “Show period separators” option draws in the chart additional vertical lines that correspond with the borders of a larger timeframe. Thus, for charts with timeframes from M1 to H1 daily separators are built, for H4 – weekly, for D1 – monthly, for W1 and MN1 – yearly.

    • Trade levels — show/hide trade levels. Lines of open and pending orders located directly in the chart allow one to see where the position was opened and when the pending order, Stop Loss or Take Profit will trigger. This option makes trading more comfortable and allows one to avoid some errors caused by human factor. To enable it, it is necessary to flag the “Show trade levels” option and press “OK”. Lines that correspond with prices of opened positions and placed orders will appear in the chart. Of course, no levels will be displayed in the chart if no orders are placed and no positions are opened. It also should be noted that this option works for only open positions and orders. No closed position comes within this option.

    • Volumes — show/hide volume chart in the lower part of the window.

  • Colors — predefined colors for the chart. There are three color structures available in the terminal: “Yellow on Black”, “Green on Black”, or “Black on White”.

Charts