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WebTrader Quick Start 5: Using Charts

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Saxo Bank's WebTrader platform features advanced charting functions such as technical analysis, multiple chart types and numerous other tools for trading Forex, stocks and more.

Transcript:

Using Charts
Welcome to the introduction video for our trading platform. These episodes will introduce you to the trading platform providing an explanation of all its features.
The trading platform features advanced charting functionality such as advanced technical analysis, multiple chart types as well as numerous other tools.

In this episode we will be looking into charts and how to:

  • Open a chart
  • Overview of the Chart Module
  • Add/remove technical indicators

1 Opening a Chart
There are two ways to invoke the chart module.
First of all let us take a look at the Charts module.

To create a new chart, click ‘New Chart’

In the new window, select the instrument which you wish to chart, and click OK.

Alternatively you can click an instrument in your pricelist and click chart to bring up a chart for the respective instrument.

2 Overview of the Chart Module
The chart module is highly interactive.
The navigation basics include panning and scaling.
To pan the chart click anywhere in the chart area, hold and drag it horizontally.
To scale the chart click and drag either the horizontal axis [pause] or the vertical axis.
To customize the scale of the chart by clicking the timescale drop down.

The type dropdown allows you to change the different chart types.

The curser tool is a selection tool.
The crosshair button and drop down menu contain the measuring tools.
The grid icon allows you to switch between the different grids.
The technical indicators drop down menu contains a multitude of technical indicators to be applied to the chart.
The info box button allows you to show and hide the information box.
The next button allows you to view detailed information at the mouse curser
Use the magnifying glass to zoom to a specific area.
The reset button will restore the chart view after zooming or dragging.
The drawing tools drop down menu contains the tools that allow you to add custom elements to the chart area.
Use the remove selected annotation button to delete individual custom added elements.
Use the remove all annotations to delete all custom added elements.
The view/hide trades will display any trades conducted on the respective instrument graphically on the chart.
The view/hide related orders will display any open related orders relating to the respective instrument.

3 Add/remove technical indicators
To add a technical indicator to the chart, simply select the technical indicator drop down menu and select one from the list.

You can edit the details for the selected indicator. Select OK to add it.

You should now be able to see the indicator in the chart area.

Notice the name for the recently added indicator showing up in the upper left corner.

You can click the indicator name to edit the properties or select the Delete option to remove it from the chart.


This concludes this session. (Exit text)