Chart
Last updated
Last updated
The Chart is the most important tool for active trading and market analyzing. The Chart screen can be accessed from the main menu of the application through the Watchlist screen, and also from Orders and Positions screens.
In the ‘Indices’ section of the Watchlist swipe left or right the chart to change the symbol and choose the time frame.
Tap the name of the symbol at the list of added symbols to open the chart by this symbol.
Also note that it’s possible to select preferred aggregation times. To select favorite, simply tap the star icon next to any aggregation type to mark it as a favorite. Please note that it’s possible to select no more than two favorites.
The Chart toolbar consists of 3 items:
Chart style – allows to choose the style of the chart. Available chart styles: Line, Candle, Area;
Chart templates – allows to create a chart template;
Settings – allows to open the Chart settings screen and configure the following items:
The following chart settings are available for configuration:
Show orders – enables/disables the display of orders on the chart;
Show positions – enables/disables the display of positions on the chart;
Show alerts – enables/disables the display of alerts on the chart;
Fit orders/positions – if checked, all orders/positions will be fit into chart scaling;
Fit alerts – if checked, then alerts will be fit into chart scaling;
Volume – enables/disables the display of volume on the chart;
Visual trading validity – if checked, then the validity selection control will be present when placing an order in the visual trading mode;
Watermark mode – drop-down list that allows to select one of the options that will be displayed as a watermark on the chart. The following items are available: Symbol, Description, Symbol+Description, Instrument logo, None;
Watermark color – allows selecting the watermark coloring;
Show extended session – allows seeing bars from extended sessions on chart. The peculiarities of this setting also depend on the state of the "Use session periods for Intraday chart" setting that can be found in the BackOffice. If “Use session periods for Intraday chart = true”, then the aggregation will start from the first session of the day. At the same time, sessions that belong to the Before market/After market periods will be excluded from the Extended session list;
Spread type – allows setting up the way of spread displaying. Available options: Line with price (Bid and Ask) and None. If spread type is None, then single price indicator will be shown, depending on chart data type (Bid, Last, Ask etc.)
Chart mode - The setting allows you to select the chart scaling mode. There are two modes to choose from: Auto and Manual.
In Manual mode the chart scaling is performed by Pinch gesture on the price scale, in other words - bringing your fingers together on the price will increase its scale, reducing its accuracy and vice versa spreading your fingers will increase its accuracy for more convenient setting of the order to the required value.
In turn, using the Auto mode will bring the chart to the optimal size, so that it would accommodate all the objects on it (indicators, positions, orders, etc.).
Note that in addition to switching the mode in the settings, activation of Manual mode for the chart is also done by swiping up on the price scale. In turn, a double tap on the price scale will switch the chart mode to Auto.
Open the chart to see the added indicators.
Orders are displayed on the chart with the quantity value inside of the order marker, the color of order marker for Buy orders is blue, for Sell orders – red.
Read more information about Order entry screen here:
https://guide.traderevolution.com/project/mobile-applications/phone/tablets/order-entry
A set of graphical tools is available to assist in price movements analysis:
The following list of graphical tools is currently available:
Added drawings – this group includes all drawings that were added to the chart for the selected instrument. Opposite each drawing in this group there are controls:
Settings - tap to open the drawing settings;
Remove - tap to remove the drawing from the chart.
Recently used – group that contains the 5 last used drawings.
Fibonacci drawings:
Fibonacci retracement – retracement and price goals;
Fibonacci expansion – estimating support and resistance levels;
Fibonacci fans – places Fibonacci angles;
Fibonacci phi-channel – places Fibonacci levels on a trend line;
Fibonacci time goal analysis – places time goals.
Gann drawings:
Gann line – places a line drawn at the angle of 45 degrees;
Gann fans – places a series of diagonal lines;
Gann grid – places trends at the angle of 45 degrees.
Elliott Wave:
Elliott Impulse Wave(12345) — allows placing five waves on the chart in the direction of the main trend.
Elliott Correction Wave (ABC) — allows placing three waves on the chart in the opposite direction from the main trend.
Elliott Triangle Wave (ABCDE) — allows placing five secondary waves on the chart in the direction of the main trend.
Elliott Double Combo Wave(WXY) — allows placing three secondary waves on the chart in the opposite direction from the main trend.
Elliott Triple Combo Wave(WXYXZ) — allows placing five corrective waves on the chart.
Lines drawings:
Horizontal line – places a horizontal line on the chart;
Vertical line – places a vertical line on the chart;
Line – places a line on the chart;
Price channel – places levels on a trend line;
Andrew's pitchfork – places Andrew's channel Polygon.
Polygon drawings:
Rectangle – places a simple rectangle on the chart;
Triangle – places a simple triangle on the chart.
Short and Long Position: The Short and Long Position drawing allows the following:
to display absolute increment SL/TP per position;
to calculate the ratio of absolute increment SL/TP to position opening price;
to calculate position volume considering the number of funds;
to calculate PL when closing the position;
to calculate the account balance after the position is closed if the account size is known in advance;
to calculate Risk/Reward ratio.
In order to place a tool:
Open the Drawings panel and select the desired drawing tool;
If a tool requires points to be specified on the chart (e.g. a line requires two points while Andrew's pitchfork requires three), the user can place these points on the chart by tapping the required places.
Each drawing has its horizontal Settings bar:
This bar allows the user to configure the following settings:
Line thickness;
Line type;
Line color;
Add a color fill to the drawing;
Lock/unlock the drawing on the chart;
Open the menu that allows to adjust the levels of drawing, extend it to the left or right side, and select the time and price plotting points;
Delete the drawing.
By pressing the left side of the menu, the user can move it within the chart to any convenient place.
Tap the button to open Chart toolbar.
In order to add a new indicator, choose the category of indicators (Channels, Moving averages, Oscillators etc.) and tap the buttonnear the indicator name at the list of available Indicators.
It will appear in ‘Added indicators’ section and you can set indicator’s parameters by tapping the button. Tap the buttonlocated near indicator’s name to remove indicator from this section.
The Order entry screen enables user to send orders. The Order entry icon is located at the top right corner of the Chart screen.
All of these tools are accessible via the Drawings panel. In order to open this panel tap theicon. The following panel will be opened:
In the Chart panel a user can see the the extended information about the source of Last, Bid and Ask prices. In order to open the table with the detailed information, tap thearrow and the widget will be shown:
