Chart
View security price charts and place trades
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View security price charts and place trades
Last updated
Was this helpful?
In order to view the market from nearly every conceivable angle, the TTG-SIM Trader offers different chart types that stream up-to-date data. From candlesticks to bar, every chart type updates data automatically as it unfolds.
You can also choose to show a chart in four different modes:
Line;
Bar;
Candle Sticks;
OHLC (Open-High-Low-Close).
The drawing tools menu allows the user to select from a number of different drawing tools. Drawing tools overlap the price data and can be used to mark-up the charting area. Drawing tools include Fibonacci, trend lines, support or resistance (price range) and text notes.
Users have the option to hide and unhide both the chart and the shape panels that provide tools for comprehensive technical analysis.
The first geometric tool is called Rectangle and, as the name implies, its purpose is to draw rectangular shapes on the chart. You can click-and-drag the mouse over the chart and simultaneously a rectangle shape will be drawn. An unlimited number of rectangle shapes can be drawn on the same chart.
The second geometric tool available in the Chart widget is called Ellipse and its purpose is to draw elliptical shapes on the chart. The shape of the ellipse is stretched vertically or horizontally depending on the movement of the mouse during drawing.
The Horizontal Line is one of the most commonly used tools in technical analysis and it essentially enables you to draw key resistance levels on the chart. Simply click anywhere on the Y axis of the chart and a horizontal line will immediately be drawn.
Similar to the horizontal line, a vertical line enables you to draw vertical lines to delineate the most critical parts of the chart.
Trend line is another commonly used tool in technical analysis and its purpose is to identify channels in which the price of the security is moving. To draw a trend line, find a starting point, and then click-and-drag the mouse to the end point.
Ray is similar to trend line in that it enables you to draw any line on the chart; however, it only requires you to specify the starting point. Once you click anywhere on the chart — that becomes the starting point and as you hover the mouse in any direction — a "ray" will be drawn all the way to the chart's border.
Text enables you to add a small text box anywhere on the chart. Simply click anywhere on the chart to create a new text box. To change the text, right-click on the text box and click Settings. In the pop-up window you can specify the text, change the font, the font size, and the font color.
Price Range enables you to draw a nice-looking gap between to price points with a dollar and a percentage increase/decrease in the middle. Simply click on the starting point and then drag the mouse to the end point, and the price range will be created.
Finally, there's a clear all button that allows you to remove all shapes, lines, texts, and price ranges from the chart.
The charting menu bar shows different options that can be expanded and used to select the time frame, chart type, technical indicators, apply comparisons to other securities, and draw different trend lines and shapes. The chart also provides access to many other features and settings, including being able to trade from the charts, change the style/ appearance of chart and the time frame as well as add technical analysis tools.
In the TTG-SIM Trader, the Chart widgets provides a quick shortcut to place a new order. When viewing a chart for the desired security, simply double-click on a particular candle and the order placement window will pop up.
On this widget you can specify the required type of the order, the limit price, and then click Buy/Sell/Sell Short/Buy To Cover.
