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Introducing the Basic TradeShark Chart

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Understanding the construction of price charts in general is essential to learning how to tap into the power of TradeShark. You’ll need to identify the date and price axis, the value range for each price bar or candle, changing page views and the amount of data onscreen, applying templates and everything else you need to know about a chart setup to lead into using the analytical tools available on TradeShark.

Video Transcript

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This Video Tutorial will highlight some features and options available to you for working with your charts within your TradeShark Software.

After selecting a template and opening up a new market selection, you will need to be able to identify some important information located on each chart.

The date range is located at the bottom of each charting area, here you can see this current market selection has been set to display a date range lasting for 2 months, form June to August.

On the right hand side of your charts, you will see the price data, and on the top of the chart, you will find some important values that correspond to where your mouse is located on the screen.  This information includes the date of each candlestick, the OHLC price, as well as the values of Tradeshark’s predictive indicators.

After opening up a new chart, you may wish to scroll through some previous price data.  This can be done be accessing the scroll bar below each charting area. To scroll through each chart one day at a time, you can utilize the grey forward and back arrows located on each side of the scroll bar. 

However, you will also have the options of skipping back an entire page view, by selecting the previous page option.   Because our page view are set to a two months view, selecting this option will allow us to view the previous two month of trading.

If you would ever like to return to the most recent price data, you can simply select last page.

To adjust the date range shown on each page view, you will need to access the drop down menu located at the top left hand corner of the charting area.

Here you will have the options of changing the duration of each bar or candlestick, as well as changing how much data is displayed on each page view.

In this example, I will go ahead and change the date range to one year, allowing us to view an entire years of data on one page view.

Because selecting a large date range may make charts somewhat cluttered, you may wish to change the duration of each bar or candlestick.  Tradeshark allows users to switch from daily, to weekly or monthly candlesticks, which can help clear up some room on your charts.

Notice when I switch to weekly bars, the Tradeshark indicators have been removed, this is because TS indicators work off of daily bars.  Once you return to the daily format, the Tradeshark indicators will be reapplied to the charts.

Now that you understand how to scroll through and adjust the date ranges on your charts, you may wish to select or change the template, or the predefined set of indicators that are applied to the charting area.

All of the templates within TradeShark, whether, preloaded or customized, can be applied to the charts via the dropdown window at the top right hand corner of the charting area.

It is important to note that all of TradeShark preloaded indicator templates can be adjusted to fit the user’s preferences or entirely new templates can be created form scratch.  This area makes switching between these templates quick and easy.

To the left of this area, you will notice a tab that says indicators.  This tab view will list all of the indicators that are available within the selected template.  It is here where you may decide to hide or remove indicators as well as adjust their properties.

Now that you have selected the date range and indicator template that you would like to apply to your charts, you may wish to perform some market analysis. 

You will find the tools in the upper right hand corner or your charting area.

Here you will find an option to draw custom lines as well as vertical ones, as well as an option to quickly remove those lines.   

There is also a zoom feature, as well as an option to toggle between candlesticks and OHLC bars.  There is also an option to change the visibility of the crosshairs.  Notice my vertical crosshair has recently been removed.

Additional charting options can be accessed by selecting settings, then clicking options.

By selecting the chart tab, you will have access to a few more options. Like for adding vertical and horizontal crosshairs, adding or removing gridlines from the chart, or adding tool tips.  Tooltips provide some helpful information once you hover open an individual bar or candle stick.

This concludes the introduction for working with charts within Tradeshark,

If you would like some additional information on chart settings or how to further customized the charting area you will want to view the advanced charting tutorial.  Thankyou.

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