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About charts

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About charts

Use our chart tools to analyse a particular asset's performance. You can customise the charts and use different tools to help you improve your trading.


Top toolbar

In the top toolbar there are 5 tools:

  1. Time interval

  2. Candle style

  3. Indicators

  4. Undo and redo

  5. Ask and bid

Time interval

The candle time frame is the time frame that each candle on the chart represents.

For example, if set to 5 minutes, each candle will show the movement and highs and lows over 5 minutes.

Candle style

Select a style of the chart to show the asset history.

Indicators

You can select any of the indicators typically used on a trading chart.

Paired with the right risk management tools, it could help you gain more insight into price trends.

Examples of some indicators:

  • Volume: refers to the amount of crypto exchanged over a specific period.

  • Bollinger Bands

  • Correlation Co-efficient

  • Historical Volatility

  • Relative Strength Index (RSI)

  • Money Flow Index (MFI)

Undo and redo

Undo lets you reverse the change you have just made.

Redo allows you to do the change again.

Ask and bid

Each asset listed on the platform will always have an ask and a bid price.

Select Show Ask or Show Bid to switch between the different price histories for the asset.


Top right toolbar

In the top right toolbar there are 3 tools:

  1. Settings

  2. Full-screen mode

  3. Screenshot

Settings

In Settings, you can change:

  • the colours of the candles on your chart

  • change the last value line

  • choose where the price scale is displayed.

In the Background tab, you can further customise the chart area.

Full-screen mode

Select the full-screen icon to make the chart fit the whole screen. Press the same icon or press Escape to return.

Screenshot

Select the screenshot icon to take a screenshot of what you're currently viewing on the chart.


Left Toolbar

Trend lines and arrow tools

Use the trend line to connect two points on the chart. Once added, it can be clicked and modified to your requirements.

To change the trend line's colour, style, or thickness, select the options from the trend line toolbar.

Horizontal and vertical lines

Use this tool to place a continuous line across the span of the chart. You can click and move these lines as you like. Like the Trend Line tool, you'll notice a toolbar opens, allowing you to change the line's colour and style.

Ray tool and horizontal ray

A horizontal ray adds a continuous line. It is different to the horizontal line tool as it only extends to the right of the chart.

The Ray tool (orange line) is like the trend line and is used to draw a continuous line across the chart.

Arrow

You can add arrows to all chart areas, including indicator windows.

Notes

Go to Style to add notes on your line tools.

Visible timeframes

Choose where you want to see the lines of your drawing from the Visibility tab.

Text, Brush and Drawing Tools

Use these tools to customise your charts further. They allow you to visualise your adopted trading strategies and their progression.

Pitchfork tool

Helpful for drawing channels and fixed support resistance zones of interest to you.

You can change the style and colours of the pitchfork using the toolbar.

Fibonacci retracement levels

Connect any two points that you view as relevant. Typically a high point and a low point. The horizontal levels are considered Support and Resistance levels.

The most commonly used ratios include:

  • 23.6%

  • 38.2%

  • 50%

  • 61.8%

  • 78.6%.

These levels should not be relied on exclusively but can be helpful in your trading strategy.

Go to Settings in the Fibonacci toolbar to:

  • set your retracement levels

  • set the colour for each retracement level and background

  • select a single colour for all levels.

You can also select other helpful visual tools such as extended lines, levels, and prices to appear on the chart.

Go to Visibility to show and hide the Fibonacci Retracement for specific timeframes.

Pattern Tools

Use the pattern tools to visualise pattern and price action strategies—for example, Elliot Waves and Head and Shoulder.

Elliot impulse wave

Impulse wave theory consists of five sub-waves that make net movement in the same direction as the trend.

To start drawing this line:

  1. Select the drawing tool

  2. Select the first impulse of significance.

  3. Select the remainder impulses to create the visual representation of an Elliot Wave.

Head and shoulders tool

Use the head and shoulders tool to apply the price action pattern to your charts. Start from the left shoulder. Move to the head, then on to the right shoulder. Another reference point is the Neckline.

Position and range tools

Useful when building an entry and exit strategy for your market positions.

Long position tool

Used to help calculate and visualise the potential up-side and down-side of your trades.

There are three inputs used for this tool:

  • entry price

  • target trice

  • stop price.

The target and stop bars show price movement and overall asset movement as a percentage gain or loss.

Go to Settings in the toolbar to change the style and visibility of the position tool.

Risk/reward ratio

The risk to reward ratio is a powerful way to evaluate your trade and is fundamental when assessing your overall performance.

Go to Settings to edit:

  • position size

  • quantity

  • account balance

  • risk.

Date and price range

They measure points of interest on the chart in their respective ranges.

Symbol

Go to Settings to change the size, colour, and visibility.

Ruler

Use the ruler to measure the distance between two points of price and time on the chart.

Zoom

Use zoom to analyse a particular area of interest, then return to your original view.

Magnet

The magnet makes your cursor automatically snap to the candle's open, high, low, and close when you move your mouse close enough. Use this tool for an easy way to draw exact high and low points on candles.

Stay in drawing mode

Turn this on to keep drawing without choosing the object tool again.

Lock drawings

Stop any drawings from being edited or moved from their current positions.

Hide/show drawings

Temporarily hide all drawings from the current chart.

Object Tree

This tool provides details of all the current objects on the chart.

Objects can be locked, hidden, deleted and settings edited via the cog icon.

Remove

Use to delete drawings, indicators or all items on the chart.


Further questions?

If you have any further questions, get in touch with us via live chat.

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