Chart

Charts display how prices of the given symbol move with the time. Charts are necessary when technical analyses are conducted. In the mobile terminal, only one chart can be opened at a time.

The chart symbol can be changed using the command of the “Symbols” toolbar or from the context menu of the window/tab “Symbols”, or from the context menu of the window/tab “Orders”.

Charts are built on basis of historical data that are stored in the “history” folder of the mobile terminal. When the chart is being opened, the data are loaded from the memory, the latest insufficient data are pumped from the trade server. If historical data for a given symbol are not available in the memory, the latest 512 history bars will be loaded. To load the earlier data, it is necessary to move the chart to the desired area. After the chart has been opened, information about the current quotes will be delivered to the terminal. Thus, the further price movements will be shown in the real-time mode. This information is automatically stored in the history file and used when the chart is opened again in future.

Appearance and properties of the chart in the mobile terminal can be set up using the “Charts — Properties” toolbar command. to change colors in the chart, select the “Charts — Colors” toolbar command.

Chart Management

Charts allow to analyze market price dynamics and are used for graphical analyses, for building of various indicators and line studies. Charts are an exceptionally valuable tool for analyzing financial markets, this is why a great attention is paid to charts. Chart management means:

• Type Change
  A symbol chart can be of three types:

  1. Bar Chart — a sequence of bars. To get such a chart, one has to execute the “Charts — Bar Chart” toolbar command.

  2. Candlesticks — a sequence of candlesticks. To get such a chart, one has to execute the “Charts — Candlesticks” toolbar command.

  3. Line Chart — a broken line that connects close prices of bars. To get such a chart, one has to execute the “Charts — Line Chart” toolbar command.

• Working with Indicators
  Indicator is a mathematical transformation of price and/or volumes of a symbol in order to forecast future price changes. On the basis of signals from technical indicators, the decisions are made about how and when to open or close a position. Indicators can be attached to the chart from the window that is opened using the “Charts — Indicators” toolbar command. In the same window, one can view the list of indicators attached to the chart.
  More details about how to work with technical indicators can be found in the section of the same name.

• Working with Objects
  To analyze the prices, one can also place graphical objects onto the chart. For this, one has to use the “Charts — Objects” toolbar command. Horizontal, vertical lines, trendlines, and Fibonacci levels are available in the popup menu.
  More details can be found in the “Graphical Objects” section.

• Timeframe Change
  Mobile terminal supports nine different timeframes, from one minute to one month. This large amount of timeframes is necessary for analyzing markets using technical indicators and line studies.
  The desired timeframe can be selected using the “Periods” toolbar command.

• Scaling
  Charts can be scaled horizontally, which helps to increase or decrease the amount of bars shown in the display simultaneously. To scale the chart, one can use the toolbar menu commands of “Charts — Zoom In;, “Charts — Zoom Out”, or the joystick button of the mobile device.

• Scrolling, Auto Scrolling, and Shifting of the Chart
  Scrolling is shifting of price data in the chart to the right or left. This is made using the horizontal scroll bar located just under the chart. If the chart is shifted into an area where there are no data available, the data will be pumped automatically.

  Auto scrolling is intended for keeping the latest data in front of the user’s eyes. If this option is enabled, the chart will be automatically moved to the end as soon as a new quote incomes. This function can be enabled by selecting the “Charts — Properties — Auto Scroll” toolbar command.

  The “Chart Shift” option moves the latest bar by 20% to the left from the right border of the screen. The chart shift is enabled by selecting of the “Charts — Properties — Chart Shift” toolbar command.

• Data Updating
  The data updating is had recourse to if errors or “holes” occur in the price chart. To update the data, it is necessary to execute the “Charts — Update” toolbar command. After this the insufficient bars will be automatically downloaded from the server and drawn in the chart.

Pressing and keeping of the pen in the chart will open the prompt message containing information about OHLC price values and about indicators on the selected bar.