New Chart Module in SaxoTrader and SaxoWebTrader PLATFORM RELEASE NOTES
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1 New Chart Module in SaxoTrader and SaxoWebTrader PLATFORM RELEASE NOTES 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. Release: End-June 2012 Author: Anders Stengaard Jensen Document 24/05/2012 Page 1 of 12
2 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 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. Page 2 of 12
3 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. Page 3 of 12
4 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. Page 4 of 12
5 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. Page 5 of 12
6 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. Page 6 of 12
7 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 Page 7 of 12
8 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. Page 8 of 12
9 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 Page 9 of 12
10 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. Page 10 of 12
11 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. Page 11 of 12
12 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 Page 12 of 12
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