Financial Charting Systems
Our professional charting system allows traders to identify, analyse and compare historic prices for multiple instruments. The Chart module is used to track the price movements of a selected instrument. It contains a variety of charting types to suit individual trader preferences, and analysis tools to track and predict price movements.
Clients can benefit from the functionality and features of a professional charting package, delivered as standard, and enjoy unprecedented facilities for analysing historic price data. A number of chart styles are available to suit needs and preferences when analysing historic price data.
Our chart styles include: Bar, HLC Bar, OHLC, Bid/Ask, Candlestick, Dot, Forest, Line, Line-Dot, Staircase and Comparative.
Drag and Zoom Charting
The Chart module offers zoom and scale functionality allowing traders to highlight specific areas of financial information. Auto-resizing is also available for increased usability. The charting system allows quick movement around the price data for any market.
Users can:
- Drag the chart to see past data
- Drag the axes to scale or compress the chart
- Zoom in and out using the zoom tool
- Auto Scale fits data automatically to size of chart
Analyse patterns and trends
Our charting system contains a number of tools to help traders analyse patterns and trends. These include:
- Multiple lines and annotations, such as trend lines, horizontal lines, Fibonacci and pitchfork
- Access to charting research
A number of annotations are available through the Chart module, allowing traders to draw supporting lines and shapes, and to add text to charts. These tools will enable traders to analyse patterns.
Account integration
Saxo Capital Markets clients can see related orders, including Limit (profit target), Stop and Trailing stop, from their trading accounts on the relevant charts. The open orders can be Related Stop/Loss and Limit Profit Targets and can be changed and modified directly from the chart.
Technical Analysis
Various technical analysis tools are available from the Charts module. These include Bollinger Bands, Moving Average, Pivot Lines, Slow Stochastic and MACD. Certain analyses are equipped with dialogue boxes where parameters and appearance can be specified. A dialogue box will appear when technical analysis data is added.
Instrument Comparison
Traders can visualise multiple instruments on a single axis, in addition to dragging and setting the reference point for easy comparison.
This study allows the examination of the correlation between different financial instruments. When in comparative mode, the price axis displays the percentage correlation between the instruments' price values. It is possible to also set a particular point of time as the reference. Once the reference point is set, the charted instruments are drawn as relative percentage offsets from that value.