This video tutorial will highlight some additional features and options that are available to you for working within the charting area within your TradeShark Software.
Upon first opening up a new chart you'll find it helpful to start by utilizing one of TradeShark’s predefined templates which can be accessed via the drop down menu at the top right hand corner of your charting area.
In this example, I’ll start by utilizing TradeShark’s ‘standard’ template, which displays TradeShark’s medium term trend forecast, as well as TradeShark predicted neural index. To access additional market information or add new indicators to the charting area, you'll need access the indicator tray located on the right hand side of your screen.
It is in this area that we will be able to access important market information such as volume and open interest, as well as access all of TradeShark’s predictive indicators.
To add a new indicator to the charting area you simply need to identify the selection, click, drag and drop it into the charting area.
In this example, I've gone ahead and also included TradeShark short term trend forecast. However, because TradeShark’s medium term trend forecast is already against the price data, things have become a little confusing.
We can quickly separate these indicators by locating the indicator name from the charting area – and dragging and dropping to the bottom of your screen.
As you can see a shaded area has appeared indicating where a new field will be created to house that indicator.
Now that you have been able to separate both of these indicators you can clearly view both trend forecasts at the same time.
You may also wish to add some important and helpful market information such as volume to the chart. This can be done by accessing the price drop down within the indicator tray.
Much like your indicators simply click on the information that you'd like to add to the chart - drag and drop it into the charting area.
As you can see an entirely new field was created to display this volume information. To get a better view of this information you may wish to collapse other fields within the area.
You may also wish to combine multiple indicators until one charting field. For example, to combine volume and the short term trend forecasts, I simply need to identify the indicator name or label from the charting area click, drag and drop it into the new field.
Notice how the short term trend forecasting volume indicator is now combined into this one charting area.
As you can see the combination of these indicators clashes quite a bit with the yellow from the volume bars covering up the short term trend forecast.
This can be addressed by accessing an indicator’s properties which will allow you to make indicators see-through, change their color or adjust their exact position within a charting area.
To access an indicator’s chart properties, simply locate the indicator label from the charting area and either double click or right click and choose properties.
It is here that you'll find a wide assortment of options to make changes to the display of each indicator within TradeShark.
In this example for volume, we had the option to change the indicators label, change its current visibility on the charts, its color, as well as its opacity or how see through indicator appears.
For this example I will go ahead and change the volume bars to a color of light blue and will also move the opacity to about 35 to make sure that we can see the short term trend forecast behind it.
We can then click apply to get a quick view of how these changes will be displayed on our charts. Once you have adjusted an indicators position as well as its chart properties, you may also wish to place a scale, or the values associated with a particular indicator.
To do this you'll need to click on the indicators label from the charting area and drag it to either the right hand or left hand side of that particular charting region.
By dropping the indicator, you can choose to place the scale or values toward the right hand side or left inside of the charting area.
You can also hover over the middle of the charting area so that no arrows appear.
This will remove the scale entirely.
After customizing the indicator’s properties in getting the exact layout that you would like to see appear on your charts you can also choose to adjust some generalized charting settings.
To access these settings, you’ll need to select the settings drop down ribbon and choose options.
By clicking the charts tab, you will see a few options available to you. We can add vertical or horizontal crosshairs to the chart, add or remove the grid lines, as well as add tool tips which will display helpful information if we hover over a particular bar or candlestick.
Once I click ‘OK’ you can see that the vertical and horizontal crossers have been added to our chart. We can now see exactly where our cursor is located on the scale towards to the right.
We also have the option of hovering over a particular candlestick to display our tool tips which not only include the actual open high and low and close price as well as volume, but also the predicted high and low values from TradeShark.
Once you've had the chance to add the proper selection of indicators and adjust the indicator properties you may find it helpful to remove or hide the indicator tray, thus clearing up more room for you to work with your charts.
This can be done by accessing the two options at the top right hand corner of this area, such as auto hide or close.
By selecting auto hide we will minimize the indicator tray but have quick access to it by simply hovering over this area.
If we move back to the charting area the indicator tray will be hidden from view.
Once you've had a chance to work with your charts, you'll find it helpful to utilize the charting tools located in the upper right hand corner of each charting area.
Here you will see the options to draw a custom line as well as a vertical one with a button directly below that which will remove any recently drawn lines.
To draw a custom line on your charts within TradeShark simply click the custom line button - drag and drop the line on your chart as you would like it to appear.
Once a custom line is drawn you'll have the ability to right click and be presented with a few additional options.
Here you can access TradeShark’s profit calculator which will measure the distance of the move but you will also have the option to link the beginning and end of the line to specific values within each trading day. For instance the open high low and close price, in addition to TradeShark’s predicted high and low values.
You can also choose to draw vertical lines by simply clicking the vertical line button and then clicking on your chart where you'd like that line to appear.
If you'd like to remove custom drawn lines you can simply choose the delete all custom lines button.
You also have the option to zoom or pan through different chart views.
This zooming feature can be accessed by the toggle button at the upper right hand corner each charting area, however, you also have the ability to simply scroll up and down on your mouse’s scroll button to zoom in and out of the charting area.
Below the zoom feature you'll have a feature to switch between candlesticks and open high low and close bars as well as an option that will quickly toggle on and off your vertical and horizontal crosshairs.
This concludes the advanced tutorial for working with your charts within the TradeShark Software.
For additional information about working with TradeShark templates or Intelliscan features you will want to view those tutorials as well. Thank You!