Selecting Frequency

You can choose the frequency of the chart data displayed using the "Chart Data Frequency" drop down box on the chart toolbar.

Click on the down arrow and then select the frequency of data that you wish to view.

Intraday Charts

When you change your chart to an intraday frequency you tool bar will change to give you some extra options.

The first extra option is a white box where you can specify the  amount of minutes each candlestick represents.

So a value of 5 means that each candle/bar represents 5 minutes of trading.

The next option is historical data drop down menu which allows you to specify how much history is on a chart.


The more data that appears on a chart means more data that it needs to calculate the trajectory of all your indicators over. This means it's going to be harder on your computer's CPU and ultimately could slow down your computer. So it is important to keep a balance of always keeping not to much data in your charts, but not so little that your indicators and technical analysis become unworkable.

This is complicated further because different data frequencies show different amounts of bars for the same amount of history. For example if you have a 5 minute chart on an Australia stock, 10 days worth of data will put around 720 bars/candlesticks on your chart. However if you were looking at a 60 minute chart, 10 days worth of data would only give you around 60 candlesticks.

This delema is solved by the default setting, which is 'def'. This option automatically changes the amount of history on your chart depending on the intraday frequency, always keeping a workable amount of data on the chart. 

Your other options are:

All = Show all data available (not recommended unless your doing some type of back testing).
M-F Weekdays = This setting will give you another white box where you can enter a number of your choice.
1 = Set a specific date with the date drop-down menu.
1+ = Set a start date and a stop date with 2 date drop-down menus.

Tick Charts

Tick charts have the same extra options/controls as intraday charts. The difference is on a 'Tick' chart, the time specified on the chart toolbar is defined in trades not minutes like on intraday. 

So a value of 5 next to the 'T' means that each candle/bar represents 5 trades.


Related Topics:
Customising the Software