CIX Markets. Where the client comes first.

System Overview Part 9

SECTION 9: REAL TIME CHART

CixTrader_Figure114_Chart Product

Figure 113 - Real-time Chart

The real-time chart shows the movement of the current price of a particular product. The menu at the top allows users to choose the product, chart type, timescale and also add multiple technical indicators to the chart.

When the mouse cursor moves over the chart, a vertical and horizontal line will appear on the chart. The corresponding values for the vertical line, such as Trade Date, Trade Time, High Bid, Low Bid, Open Price and Close Price are all automatically displayed in the top right of the chart. The corresponding price value for the horizontal line is displayed at the end of the horizontal line, on the y-axis, on the right of the chart.

CHART PRODUCT

CixTrader_Figure114_Chart Product

Figure 114 - Chart Product

Clicking  “Product” from the menu bar, users  can select:

  1. Print Chart: If a printer is attached, users can print the current chart.
  2. Save Chart: Users can save the current chart as an image file (Bitmap, PNG, JPEG, GIF) in the following image sizes: 800 x 600 or 1024 x 768
CixTrader_Figure115_Save Chart as Image File
  1. Copy To Clipboard: Copy the current chart to clipboard with a choice of size.
  2. Export Chart Data: Export the chart data to a CSV file that holds the open price, high bid, low bid and close price of the product at different times.
  3. Currency/Product: Choose the desired currency/product to be displayed on the chart.
  4. More: Displays additional currencies/products for users to choose from.

CHART TYPES

There are a total of 3 chart types to choose from:

CixTrader_Figure116_ChartChartType

Figure 116- Chart: Chart Type

  1. Line Chart
  2. OHLC Bar Chart
  3. Candle Stick Chart

TIME SCALE

CixTrader_Figure117_ChartTimeScalepng

Figure 117- Chart: Time Scale

The scales of the chart are determined by the time scale and the number of points.

The available time scales are:

  1. Tick
  2. 1 Minute
  3. 5 Minutes
  4. 15 Minutes
  5. 30 Minutes
  6. Hourly
  7. 4 Hourly
  8. Daily
  9. Weekly
  10. Monthly

The available points range from 100 to 2000. By default, Hourly and 100 points are selected for the chart.  However, users can obtain a more precise view on the chart data if they choose a smaller time scale, like Tick or 1  Minute. Similarly, more data can be displayed on the chart if users choose a larger points scale, such as 1500 or 2000.

For example:

  1. An Hourly/100 points chart shows 100 points, where the data is collected hourly.
CixTrader_Figure118_ChartforGBPUSD(Hourly100Points)

Figure 119 - Chart for GBPUSD (Hourly - 1000 Points)

2. An Hourly/1000 points chart shows 1000 points, where the data is collected hourly.

CixTrader_Figure118_ChartforGBPUSD(Hourly100Points)

Figure 119 - Chart for GBPUSD (Hourly - 1000 Points)

STUDIES

Under the studies menu, users can select a variety of technical analysis (TA) indicators by simply clicking on the desired indicator in the menu.

From the studies menu, users can also:

  • Delete All Studies: remove all indicators added to the chart.
  • Delete Study: select which indicator to remove from the chart.
  • Edit Study: edit an existing indicator on the chart.
CixTrader_Figure120_Chart Studies

Figure 120 - Chart: Studies

Example: Adding an Average True Range (ATR) and a MACD technical analysis to the chart.

 

  1. From the Studies menu, click on “Average True Range – ATR”.
CixTrader_Figure121_ATRTechnicalAnalyisSettings

Figure 121 - ATR Technical Analysis Settings

Next

2. A box will pop up for users to select the ATR interval and the colour of the ATR indicator on the chart. Once these have been selected, users need to click “OK” to add the TA to the chart.

CixTrader_Figure122_ChartWithATRTA

Figure 122 - Chart with ATR TA

NextBack

  1. From the Studies menu, click on “MACD”.
CixTrader_Figure123_MACDTechnicalAnalysisSettings

Figure 123 - MACD Technical Analysis Settings

NextBack

  1. Again, users should choose the interval values and the colours of the indicators that will appear on the chart. Once selected, users need to click “OK” to add the TA to the chart.
CixTrader_Figure124_ChartWithATRAndMACDTA
NextBack

If users need to edit  any  TA that  has  been  added to the  chart,  they  can click on “Edit Study” from  the  Studies menu. A pop  up  box will  appear for users  to choose,  from  a drop down list, which TA they would like to edit. Once, the TA has been chosen, click “OK” to edit the selected TA.

CixTrader_Figure125_EditStudy

Figure 125 - Edit Study

NextBack

Users will now be presented with the TA Settings they originally created the TA with. Users  can  adjust  the  settings of the  TA as  necessary, and  then  click  on  the  “Apply” button to apply the changes. Finally,  click on the  “OK”  button to dismiss the  settings panel.

Note: Users can add, at most, 4 technical analyses to the chart (this does not include certain line technical analyses which are drawn directly onto the main chart). If users try to add more than 4, then the most recently added TA will be replaced by the new TA.

If any TA needs to be deleted, to make room for another TA, users can either select:

  • Delete All Studies

This option will remove all technical analyses from the chart. However, users should be careful when using this option, as there is no confirmation or warning. All technical analyses will be removed as soon as “Delete  All Studies” is clicked.

  • Delete Study

Users can choose to select which technical analysis to remove from the chart. When this option is selected a selection box pops up for users to choose from a drop down list of which technical analysis to remove from the chart.

NextBack
CixTrader_Figure126_DeleteStudypng

Figure 119 - Chart for GBPUSD (Hourly - 1000 Points)

Users need to click “OK” to delete  the selected technical analysis.

Back

DRAW/VIEW

CixTrader_Figure127_ChartDrawView

Figure 127 - Chart: Draw/View

The Draw/View menu has the following functions:

  • Delete Selected Tools: Users can remove a particular tool applied onto the chart.

Users must first use the “Select Drawn Line” function to select the line that needs to be deleted, then choose “Delete Selected Tool” to remove the line.

  • Delete All Tools: Users can remove all applied tools on the chart.
  • Horizontal Grid: Horizontal gridlines will be displayed on the chart.
  • Vertical Grid: Vertical gridlines will be displayed on the chart.
  • Cross Hair: Blue horizontal and vertical lines appear where the mouse cursor is on the chart.
  • Shift Left: The whole chart will shift left and leave empty space on the right.
  • Turn Off Line Tool: Select this radio button to turn off the draw line function. (Nothing will happen when users click on the chart area)
  • Select Drawn Line: Select this function then click on any “line”  tools on the chart
  • to edit it.
  • Zoom In: Users can zoom in on the chart.
  • Zoom Out: Users can zoom out of the chart.
  • Draw Trend Line: Users can draw trend lines on the chart.
  • Draw Projected Trend Line: Users can draw the projected trend line on the chart.
  •  Draw Horizontal Line: A horizontal line can be drawn on the chart at a given price value.
  1. After selecting this function, click anywhere on the chart area and a box will pop up.
CixTrader_Figure128_DrawHorizontalLine

Figure 128 - Draw Horizontal Line

2. Choose a price value for where the horizontal line should go. iii.
3. Choose a line colour.
4. Click “OK” and the line will be drawn on the chart.

  • Draw Parallel Line: After users have drawn a straight line, a parallel line is created to be placed on the chart.
  • Draw Projected Parallel Line: After users have drawn a projected line, a parallel line is created to be placed on the chart.
  •  Draw Arcs: Users can draw arcs on the chart.
  • Draw Retracements: Users can draw retracements on the chart.
  • Draw Fans Lines: Users can draw fan lines on the chart.
  • Draw Cycles: Users can draw cycles on the chart.
  • Text Marker: Users can add text to the chart.
  • After selecting this function, a box will pop up.
  1. After selecting this function, a box will pop up.
CixTrader_Figure129_TextMarker

Figure 129 - Text Marker

2.Fill in the text to appear on the chart  in the “Text” field. (i.e. “Testing 123”)

3. Choose a colour for the text.

4. Click “OK” to close the text marker box.

5.Click on the point of the chart where the text should be placed.

To add different text to the chart, users need to deselect the text marker function and then reselect it to enter different text.

Note: All these functions can also be found in the toolbar on the left hand side of the Chart panel. Briefly placing the mouse cursor over a button on the toolbar will reveal what that button does

ZOOMING

To zoom into the chart, users need to:

  1. Choose “Zoom In” from the Draw/View menu. (The cursor will change from an arrow to a magnify glass with a “+” sign in the middle.
  1. Click and hold the left mouse button and draw a box around the area of the chart to zoom into.
CixTrader_Figure130_SelectingAreaToZoomInto

Figure 130 - Selecting Area to Zoom Into

CixTrader_Figure131_ZoomedInChart

Figure 131 - Zoomed in Chart

Once the left mouse button is release, the chart zooms into the area that was selected. To zoom out, users need to:

  1. Choose “Zoom  Out”  from the Draw/View menu.

The chart will zoom back out to the previous chart area.

OPEN /SETTLE BY CHART

Apart from the steps mentioned in Section 5/Section 7 for placing market/limit open orders, and in Section 6/Section 8 for placing market/limit settle orders, users can also perform these functions from the chart panel. Users can do this by:

  1. Selecting the product to buy/sell.
  2. Right-clicking anywhere in the chart area.
CixTrader_Figure132_UsingTheChartToBuySell

Figure 132 - Using the Chart to Buy/Sell

  1. Click on the required function.

Note: Both Market Settle and Limit Settle will not be active on the menu unless there are open position(s) on that product in the account.