Back to Blog
Novamind serial number5/26/2023 Spread Charts allow you to choose from a number of common commodity spread chart calculations. Logarithmic Scale - when on, uses logarithmic scaling instead of the linear scaling. Linear Scale - when on, scaling will calculate the most intelligent scale using the high, the low and a series of acceptable divisors for possible scales.% Change Scale - when on, scale on the right of the chart shows the percent change from the open.Price Scale - when on, scale on the right of the chart shows prices. Price Box - when checked, displays a "Data View" window as you mouse-over the chart, showing OHLC for the bar, and all indicator values for the given bar.Display Settings - further define what the chart will look like.For example, you can get a Daily chart with 6 months of data from one year ago by entering an End Date from one year back. You may override or further define the Time Period, or generate a historical chart, by entering a Start and End Date for the data.The shorter the time frame, the more distance between the bars. The longer the time frame, the closer together the individual bars. You may change the Time Period to increase or decrease the density of the bars displayed on the chart. For example, an Intraday chart will use a Time Period of 3 Days, while a Daily chart uses a Time Period of 6 Months. A default Time Period is set based on your Frequency setting.A trade at 13:00 would be included within the next bar dated 13:00. The information is back-dated to the start of the period, so on a 5-minute chart information in the period dated 12:45 includes all trades between 12:45 and 12:49 inclusive.The Price Box at the top shows the contract that was used (in this case, December, or Z) Daily/Weekly/Monthly Continuation Chart will always use the same MONTH specified in the chart form to build the given bar.The Price Box at the top shows the contract that was used to build the corresponding bar Daily/Weekly/Monthly Nearest Futures will use whatever contract was the Nearest Futures contract on the date of the given bar.Daily/Weekly/Monthly Contract will plot prices for that specific contract.for Commodity Contracts, you may also select a chart for the Contract, Nearest Futures Contract, or a Continuation chartĬommodity charts have three additional frequencies for Daily, Weekly and Monthly data: Contract, Nearest, and Continuation.For Frequency, choose from Intraday, Daily, Weekly, or Monthly.Time Frame - determines the period (Frequency) and amount of data that will be displayed on the chart (Time Period and Start/End Dates).Volume On - displays or hides the volume for the symbol.Bar Type - choose from OHLC Bars, Candlesticks, Hollow Candlesticks, Line or Area.Simply select one from the list and the settings on the template will be applied to the current chart. If you are logged in to your My Barchart account, you will also see a drop-down list for any Chart Templates you've previously saved. This is where you can change the symbol, style, time frame, and other chart settings. Technical Charts have the option to create Spread Charts , with the ability to choose from a number of common spreads (such as Corn 1-2, Soybeans Crush, and Wheat Butterfly), or allowing you to enter your own custom spread calculation (supporting all futures, equities, index and forex symbols).Ī chart form resides below the chart. On futures charts, the horizontal purple line above the Volume bars represents Open Interest. When the price is unchanged compared to the previous price, Volume will show as a blue bar.A down day (where the price is less than the previous price) will show a red bar.
0 Comments
Read More
Leave a Reply. |