new chart module in saxotrader and...
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Release: End-June 2012
Author: Anders Stengaard Jensen
Document 24/05/2012
Summary
This document describes the features of the new chart module in the SaxoTrader and SaxoWebTrader platforms
that will replace the existing chart modules within the next few months.
New Chart Module in SaxoTrader and
SaxoWebTrader
PLATFORM RELEASE NOTES
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Change instrument or add multiple instruments
Viewing multiple instruments (for example in candlestick mode) will
result in each instrument being displayed in a different color to
distinguish them visually. All price history of all instruments will be
rendered.
CONTENTS
Change instrument or add multiple instruments to chart
SaxoWebTrader: link to the Watchlist
SaxoTrader: drag and drop instruments into the chart
Period and range selector
Chart type
Autoscale the Y-axis
Restore chart range
Select from 55 built-in technical indicators
Annotation tools
Cursor mode
Order management in charts
RELEASE NOTES, MAY 2012
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Link to the Watchlist in SaxoWebTrader
SaxoWebTrader enables you to link the chart module to the Watchlist module, allowing quick switches of
instruments shown in the chart. Period, range and technical indicator settings will remain unchanged in the chart,
allowing you to quickly scan through your favorite instruments looking for trade set-ups.
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SaxoTrader: drag and drop instruments into the chart In SaxoTrader, to quickly view your favorite instruments from the Watchlist module in the Chart simply drag and
drop them into the chart one by one. You can also highlight up to 6 instruments (Shift + left click), drag them into the
chart to view all of them together.
Period and range selector It is easy to select a “period” (for example “5 minute candles” where each candle represents 5 minutes of price data)
and a “range” (for example a chart of the last 6 months of price history) for the charts to display:
Select directly from the drop down menu – this will open the chart with a fairly high “period density”. This
will result in many candles or bars in the chart, giving you a good overview of the market action. You can
then quickly use the zoom-tool to more precisely focus on the section of the chart that is of interest.
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Alternatively, expand the period and range selector grid and select a combination of period and range from
there – if you on the grid field that combines “1Y” and “Daily” you will get the last calendar years’ worth of
price data (“range”) divided into daily intervals (“period”).
Use the Custom Range selector to select a historical range. This might be useful to easily check the price
action at a very specific moment in the past by selecting a “1 minute” period and e.g. 10 minutes historical
period.
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Chart type
Select from a wide range of ways of displaying
the market data.
Zoom in/out Click on the magnifying glass to activate the zoom-in tool, just highlight the area you wish to zoom in on, and release.
Single-clicks on the zoom out icon will zoom out gradually while auto scaling the candlesticks to best fit the data in
the chart. NB: you can also zoom in and out using the mouse-wheel.
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Auto-scale the Y-axis
When enabling
‘Auto-scale the
Y-axis’, the
chart will
ensure that
when panning
the chart all
data in the
visible range
will be shown.
Restore chart range
Click ‘Restore chart range’ to bring back the latest selection you made in the period and range selector
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Select from 55 built-in technical indicators
Choose from 55 built-in studies
to identify trade set-ups.
Annotation tools
Use the many annotation tools to identify trends in the market. When you hover the mouse over an annotation you
also have the option of
deleting it quickly or
accessing its settings via a
single click on the
hovering icons.
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Maximize the lower panel to get a good view on the indicator, and use the annotation tools just like on a stock or FX
cross.
Select cursor mode
Choose between 3 cursor modes:
“Normal Pointer” for a simple curser
“Crosshair” tracks values on the X and Y
axis of the chart
“Trackball” snaps to each period and
shows the High, Low, Open and Close
values
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Order management in charts
Click “Sell” or “Buy” to call up the
drag able order placement module.
Grab the module with the mouse and
drag it to your desired level.
Dragging e.g. a Limit Buy order from
below to above the market the order
type will adjust from limit to stop –
or vice versa.
Click “Place Order” and you will get a
Trade Confirmation.
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You will now be able to see the order in the chart – and grab it and move it to a new position.
You can also right-click on the order to Place related
order(s):
Related orders to an entry order will appear as grey and
with an hourglass icon in the chart indicating that they are
“parked” until the entry order has been executed. You can
move related orders in the charts just like entry orders.
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None of the information contained herein constitutes an offer to purchase or sell a financial instrument or to make
any investments. Saxo Bank A/S and/or its group companies (“Saxo Bank”) do not take into account your personal
investment objectives or financial situation and make no representation, and assume no liability to the accuracy or
completeness of the information provided, nor for any loss arising from any investment based on a recommendation,
forecast or other information supplied from any employee of Saxo Bank, third party, or otherwise. Trades in
accordance with the recommendations in an analysis, especially, but not limited to, leveraged investments such as
foreign exchange trading and investment in derivatives, can be very speculative and may result in losses as well as
profits. You should carefully consider your financial situation and consult your financial advisor(s) in order to
understand the risks involved and ensure the suitability of your situation prior to making any investment or entering
into any transactions. All expressions of opinion are subject to change without notice. Any opinions made may be
personal to the author and may not reflect the opinions of Saxo Bank.
Please furthermore refer to Saxo Bank's full General Disclaimer http://www.saxobank.com/?id=193