See below out index and stock charts legend. It will help you to use main charts features and you will be able faster become handy with our stock charts.
Below you may see our index and stock charts' legend. Just move the mouse to an area on the legend and click for an explanation of a particular chart's function.
In the chart's "Navigation Panel /Menu" you have everything you need to navigate, customize and save a chart.
On the left side you have the set of drop-down menus and buttons which allows you to navigate through saved chart styles, change stock (index), change bar type and bar period, add / edit or remove technical indicators, save a chart's setting and change a chart's view.
On the right side of the chart's "Navigation Panel /Menu" you may see the shortcut buttons to the most used chart's features. The last shortcut button calls "Tools" menu were collected all chart's settings. The "Tools" menu could also be called by making right mouse click on a chart.
The stock charts information panel displays the main information about about the chart:
An index or stock's symbol, last traded price and change from the previous trading day close are displayed in the first line on the left side. If a second index or stock is selected than this stock's (index) symbol, last price and change are displayed in this line also.
Second line on the left side displays the most recent (last traded) quotes if there is no cursor lines on a chart. It displays historical quotes when you see a cursor lines on a chart.
On the right side of the "information panel" you may see the selected bar period, whether chart is in real time, delayed or in history and the current NYSE Exchange time.
With our Alerts you can set signal levels for price, volume and or any available technical indicator. When the when price, volume or an indicator reaches that level, you are notified immediately of that event with an audio alert and or email alert.
The MV Charts Alerts can be an invaluable tool for investors who are too busy to keep track of our charts all the time. With MV Charts Alerts you just need to set them and let the computer do the rest! See detailed instruction on setting Alerts on MV index and Stock Charts HERE.
You can always see the current bar period you are in by looking at this section. It works for all charts, in real time, or in historical mode.
You may change bar period setting by changing a time-frame. Such, 1-day time-frame has 1-minute bars, 5-day time-frame has 5-minute bars and etc.
To display the cursor (navigation lines), just click anywhere in the charting area. Information for the selected point (the bar under the cursor) is displayed in the chart's "Information Panel" (at the top of a chart). When the cursor is off, all information displayed is in real time.
You may change cursor mode via cursor button at the top right corner of a chart. The cursor settings button allows you to change between having a regular crosshair cursor (two lines representing both the time and price scale axis), a single vertical line, or no cursor at all.
The "Time Display Message" is an informational message that shows the current time on the Nasdaq and NYSE Exchanges. This is not the cart update time. The last chart update time is located in the top left corner of a chart. This time is displayed to give a user the ability to see whether chart is delayed or it is running in real time. When the market is closed, the "market closed" message is displayed.
The "Chart's Mode Message" is an informational message that displays whether chart is in real-time or chart is delayed. Also when a chart's user scrolls chart back in history, the "History" message is displayed.
In the second line ("quotes line") of the "Information Panel" you may a price bar's quotes (data) in the following order:
When you do not see cursor lines (navigation lines) on a chart then the last bar on the right side values are displayed here. If a chart is not in the history then the most recent (last traded) index or stock quotes are displayed.
This also shows the date and time of the point which has been selected with the cursor. Therefore, by moving a cursor across a chart you may check quotes for any selected price bar.
The "Chart Styles Selector" allows quickly navigate between saved chart styles. In the image below you may see an example of saved chart styles. Each user will have different list chart styles as you may save a style under any name you want.
Very useful feature, especially if you want to analyze different timeframes and different set of technical indicators.
With the zoom buttons you can zoom in and out on the current period. This enables you to use different line types if you zoom in, like candlestick. Zooming in on a period basically allows the user to increase the scale of the bars and data points seen in the chart. To do this you can also use the +/- keys on your keyboard.
Chart's "Tools" menu could be called by pressing the "Tools" button at the top right corner of a chart. It is also could be brought up by right-clicking anywhere in the chart area. From the "Tools" menu you can change the appearance of the chart by turning selected features on and off. Some of the more commonly used features can also be accessed via hot-keys as well. You may
Chart's "View" menu could be called by pressing the "View" button at the top of a chart and it could be also found in the "Tools" menu. From the "View" menu you can change many aspects of how you see a charts. You may
- add/remove drawing toolbar, legend, labels and etc.
- switch between black and white background;
- have second index (stock) aliened to the main index (stock);
- show/hide indicators (studies) and or drawings;
- and more...
The "Save" button allows saving a chart's settings, drawing, alerts as a chart style for future references. A chart style could be saved also from the right mouse click menu ("Tools" menu).
All saved chart styles are listed in the styles' menu at the top of a chart (first from left). Also, all chart styles are listed in the left hand menu on the members' home page where they could be called from. More about saving chart styles ...
The "Studies" button at the top of a chart calls indicators' "Studies" window from which you may add indicators (price and volume overlays and in separate pane) to a chart, edit indicators' settings or remove them from a chart. The "Studies" window also could be called from the right mouse click menu ("Tools" menu). More about adding, editing and removing indicators...
Note: By default you see volume in the main chart's pane. However, you may add it via the "Studies" window it as an indicator in a separate pane
From this drop-down menu you may change a chart's timeframe (bar period). A bar's period here is displayed in the brackets. Such, 1-day timeframe has 1-minute bars, 5-day time-frame has 5-minute bars and etc. The most detailed setting available is a 2-hour period; the maximum setting is a 10-year period.
The "W" and "M" entries in this list represent periods where each bar, or tick, comprises one week, or one month's worth of charted data.
The up and down arrow buttons ("Period Up" and "Period Down" buttons)on the right and left side of this menu allow fast scrolling of the time-frames. These buttons allow you to drill down into our extensive chart history. You can drill down into a period off 2 hours or all the way to 10 years on any of our indicators. As the name suggests, the up arrow takes drills you out (i.e. from 2 hours to 1 day) and the down arrow drills you into the history. To make better use of this function, use the cursor to select a point on the chart that you would like to drill in to or out from. Also, if you want to go far back into our history, the best way to accomplish this would be to select a larger period and then drill in from there. (See more HERE).
You may also check a chart's current bar period in the top right corner of a chart (on the right side of the "Information" panel).
The stock or index price on a chart could be displayed in different forms.
From the "Bar Type Selector" drop-down menu you may select a type of price bars. A price on our charts could be displayed as thin or bold line, as OHLC (open, high, low, close) bars, as HLC bars, candles, Heikin-Ashi candles, dots and etc. You may also hide price (do not display) on our charts.
The "Stock Selector" drop down menu allows to select a stock or index for a chart. To add a stock, select "Add Stock" at the top of this menu, type your stock's symbol and press the "OK" button. See detailed instruction HERE.
When you work with a chart and when you change a stocks (index), the old stock will remain in the menu until you close a chart. If you want a stock or index to be in this menu when you open a chart, you have to make at least one drawing on this stock and then save a chart style. See instruction HERE...
You may add second stock or index to a chart when you want to compare two trends. As an example, on a chart above, you may see QQQ stock (black bars) and Gold stock (orange line) and you may compare the trends of these two stocks.
You should remember that all technical indicators on a chart are applied to the first stock (index) only. Second stock is display for comparison purpose only.
You also should remember that drop down menu for the second stock consist of all stocks and indexes you have in the drop down menu for the first stock. If you wand a stock (index) to appear in the second stock's drop down menu, you have to add this stock to the first stock's drop down menu first. You may find a detailed instruction HERE.
In the current line you may see a stock's (index) symbol, last traded price and change from the previous trading day close. No matter whether your chart is in real time or you are browsing the history, this line always show the most recent close price and the change from the previous day close.
Time, price, volume and indicator scale bars display a stock's price and volume values, indicator's values and time.
On scaling bars you may see the cursor labels that display the current cursor location.
Note: If you move a cursor over time bar, you will see the cursor changing into up-down arrows. Now, you may press the left mouse button and drag the time bar by resizing the indicators' pane.
This small check-box allows a user to change the scale of the price between absolute values and a percentage based scale.
The percentage price scale is based on the previous trading session close. No matter what time-frame you are in, 0% is always equal to the previous trading day close price.
This small "X" button allows a user to remove an indicator from a chart in fast way without calling the "Studies" window.
Last Trade labels could be shown or hidden via the "View" menu - see blue selection on the picture.
These labels do not depend on a cursor location and they display the last close price, the last trade time and last indicator's value.
Scroll buttons and scroll slide bar allows the user to scroll chart back and forward in history. Wen the scroll bar is moved to the end of left or right sides, it uploads new set of history.
By navigating our history, you will be able to see how our volume indicators worked in the past and apply that knowledge to the future.
Indicator's legend show short indicator name, indicator setting and indicator's readings.
This legend is always displayed.
Overlay indicator's legend show short indicator name, indicator setting and indicator's readings. Volume readings are also displayed here.
This legend could be shown or hidden via the "View" menu.
An alert's label is displayed when an alert is set and a chart is in real-time (not in the history). As soon as you scroll the chart back in the history and the most recent last bar disappear on the right side, all alerts will be disabled and all alerts labels will disapear.
An alert label contain of two parts: an alert's level and an alert's condition. Where an alert's condition could be "at or above" (arrow up), "at or below" (arrow down) or "intersects" (up and down arrow).
When an alert is triggered this alert's label is flashing for a couple of seconds (as long as sound alert is heard). In this way the user may quickly see the alert that was triggered.
You may display or hide the drawing tools bar via "View" menu by selecting the "Drawing Tools" - see on the image. It is also could be done via right mouse click menu and "Tools" menu which is located at the top right corner of a chart.
When the drawing tools bar is displayed it is located on the left side of a chart just over the volume scale bar.
We have wide variety of analytical drawing - from simple trend lines and notes up to the complex Fibonacci tools. You may see the complete list of available analytical drawings HERE.