Chart Resolution: Difference between revisions
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=== Setting Resolution of Tick-Based Charts === | === Setting Resolution of Tick-Based Charts === | ||
Resolution of tick-based charts can be set from the '''Format | Resolution of tick-based charts can be set from the '''Format Instruments''' window: | ||
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# Open the '''Format | # Open the '''Format Instruments''' window.<br><span>{{FormatSymbol}}</span> | ||
# Select the '''Settings''' tab. | # Select the '''Settings''' tab. | ||
# In the '''Chart''' section, in the '''Resolution Interval''' text box, enter the number of ticks to be used for each bar. | # In the '''Chart''' section, in the '''Resolution Interval''' text box, enter the number of ticks to be used for each bar. | ||
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Resolution of tick-based charts can also be set by one of the following methods: | Resolution of tick-based charts can also be set by one of the following methods: | ||
* Click the '''Tick Bar''' | * Click the '''Tick Bar''' [[File:Resolution Tick.png]] icon on the '''Resolution''' toolbar; from the drop-down list select the number of ticks to be used for each bar; or: | ||
* Click the down-arrow to the right of the '''Resolution''' | * Click the down-arrow to the right of the '''Resolution''' [[File:Resolution_10.png|16px]] icon on the '''Command Line''' toolbar, then point to '''Tick Bar''' and select the number of ticks to be used for each bar from the drop-down list; <br>or: | ||
* Enter the appropriate command into the Command Line toolbar combo box. | * Enter the appropriate command into the Command Line toolbar combo box. | ||
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=== Setting Resolution of Time-Based Charts === | === Setting Resolution of Time-Based Charts === | ||
Resolution of time-based charts can be set from the '''Format | Resolution of time-based charts can be set from the '''Format Instruments''' window: | ||
# Open the '''Format | # Open the '''Format Instruments''' window.<br><span>{{FormatSymbol}}</span> | ||
# Select the '''Settings''' tab. | # Select the '''Settings''' tab. | ||
# In the '''Chart''' section, in the '''Resolution''' Interval text box, enter the number of time periods to be used for each bar. | # In the '''Chart''' section, in the '''Resolution''' Interval text box, enter the number of time periods to be used for each bar. | ||
# In the '''Resolution''' Unit drop-down list box select the time period. | # In the '''Resolution''' Unit drop-down list box select the time period. | ||
<br><div style="background-color: #E3FBE5;">Note: The maximum interval values that can be used for each of the time period units are: 86400 seconds, 1440 minutes, 24 hours, 30 days, 52 weeks, 12 months, 4 quarters, or 10 years.</div> | <br><div style="background-color: #E3FBE5;">'''Note 1''': If a daily-based interval (day, week, month, quarter, year) is selected, the '''Build from minutes''' checkbox becomes available. By default the box is cleared and it means daily bars will be requested from data provider to built the chart (session settings will not affect the bars themselves, only the closing time of bars will be depend on sessions). If the box is checked, minute data will be requested from data provider to build the chart; in this case the bars will be formed according to applied session, but the historical data range may be decreased in comparison to daily data.</div> | ||
<br><div style="background-color: #E3FBE5;">'''Note 2''': The maximum interval values that can be used for each of the time period units are: 86400 seconds, 1440 minutes, 24 hours, 30 days, 52 weeks, 12 months, 4 quarters, or 10 years.</div> | |||
Resolution of time-based charts can also be set by one of the following methods: | Resolution of time-based charts can also be set by one of the following methods: | ||
* Click the '''Second Bar''' | * Click the '''Second Bar''' [[File:Resolution_Seconds.png]] or the '''Minute Bar''' [[File:Resolution_Minutes.png]] icon on the '''Resolution''' toolbar; from the drop-down list select the number seconds or minutes, respectively, to be used for each bar; or: | ||
* Click the '''Hourly Bar''' | * Click the '''Hourly Bar''' [[File:Resolution_Hours.png]], the '''Daily Bar''' [[File:Resolution_Daily.png]], the '''Weekly Bar''' [[File:Resolution_Weekly.png]], the '''Monthly Bar''' [[File:Resolution_Monthly.png]], the '''Quarterly Bar''' [[File:Resolution_Quarterly.png]], or the '''Yearly Bar''' [[File:Resolution_Year.png]] icon on the '''Resolution''' toolbar to select a 1-hour, 1-day, 1-week, 1-month, 1-quarter, or 1-year bar, respectively; | ||
* Click the down-arrow to the right of the '''Resolution''' | * Click the down-arrow to the right of the '''Resolution''' [[File:Resolution_10.png|16px]] icon on the '''Command Line''' toolbar and select the time period. For Second and Minute bars the number of time period units can also be selected from a drop-down list; | ||
* Enter the appropriate command into the Command Line toolbar combo box. | * Enter the appropriate command into the Command Line toolbar combo box. | ||
[[MultiCharts_Work_Area#Understanding_Command_Line|Click here]] to find out how to use the Command Line. | [[MultiCharts_Work_Area#Understanding_Command_Line|Click here]] to find out how to use the Command Line. | ||
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=== Setting Resolution of Range-Based Charts === | === Setting Resolution of Range-Based Charts === | ||
Resolution of range-based charts can be set from the '''Format | Resolution of range-based charts can be set from the '''Format Instruments''' window: | ||
# Open the '''Format | # Open the '''Format Instruments''' window.<br><span>{{FormatSymbol}}</span> | ||
# Select the '''Settings''' tab. | # Select the '''Settings''' tab. | ||
# In the '''Chart''' section, in the '''Resolution''' Interval text box, enter the price movement, in points, that is to trigger creation of the next bar. | # In the '''Chart''' section, in the '''Resolution''' Interval text box, enter the price movement, in points, that is to trigger creation of the next bar. | ||
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Resolution of range-based charts can also be set by one of the following methods: | Resolution of range-based charts can also be set by one of the following methods: | ||
* Click the '''Range Bar''' | * Click the '''Range Bar''' [[File:Resolution_Range.png]] icon on the '''Resolution''' toolbar; from the drop-down list select the number of points to be used for each bar; | ||
* Click the down-arrow to the right of the '''Resolution''' | * Click the down-arrow to the right of the '''Resolution''' [[File:Resolution_10.png|16px]] icon on the '''Command Line''' toolbar, then point to '''Range Bar''' and select the number of points to be used for each bar from the drop-down list; | ||
* Enter the appropriate command into the Command Line toolbar combo box. | * Enter the appropriate command into the Command Line toolbar combo box. | ||
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=== Setting Resolution of Volume-Based Charts === | === Setting Resolution of Volume-Based Charts === | ||
Resolution of volume-based charts can be set from the '''Format | Resolution of volume-based charts can be set from the '''Format Instruments''' window: | ||
# Open the '''Format | # Open the '''Format Instruments''' window.<br><span>{{FormatSymbol}}</span> | ||
# Select the '''Settings''' tab. | # Select the '''Settings''' tab. | ||
# In the '''Chart''' section, in the '''Resolution''' Interval text box, enter the number of contracts to be used for each bar. | # In the '''Chart''' section, in the '''Resolution''' Interval text box, enter the number of contracts to be used for each bar. | ||
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<br>Resolution of volume-based charts can also be set by one of the following methods: | <br>Resolution of volume-based charts can also be set by one of the following methods: | ||
* Click the '''Volume Bar''' | * Click the '''Volume Bar''' [[File:Resolution_Volume.png]] icon on the '''Resolution''' toolbar; from the drop-down list select the number of contracts to be used for each bar | ||
* Click the down-arrow to the right of the '''Resolution''' | * Click the down-arrow to the right of the '''Resolution''' [[File:Resolution_10.png|16px]] icon on the '''Command Line''' toolbar, then point to '''Volume Bar''' and select the number of contracts to be used for each bar from the drop-down list | ||
* Enter the appropriate command into the Command Line toolbar combo box. [[MultiCharts_Work_Area#Understanding_Command_Line|Click here]] to find out how to use the Command Line. | * Enter the appropriate command into the Command Line toolbar combo box. [[MultiCharts_Work_Area#Understanding_Command_Line|Click here]] to find out how to use the Command Line. | ||
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You can elect to base a chart on the actual volume of all transactions, or on the total number of transactions (ticks) only, by using the '''Build Volume On''' selector. | You can elect to base a chart on the actual volume of all transactions, or on the total number of transactions (ticks) only, by using the '''Build Volume On''' selector. | ||
<br>'''Build Volume On''' selector is set from the '''Format | <br>'''Build Volume On''' selector is set from the '''Format Instruments''' window: | ||
# Open the '''Format | # Open the '''Format Instruments''' window. | ||
# Select the '''Settings''' tab. | # Select the '''Settings''' tab. | ||
# In the '''Chart''' section, in the '''Build Volume On''' drop-down list box, select '''Trade Volume''' or '''Tick Count''' to base the chart on the actual volume, or on the number of ticks, respectively. | # In the '''Chart''' section, in the '''Build Volume On''' drop-down list box, select '''Trade Volume''' or '''Tick Count''' to base the chart on the actual volume, or on the number of ticks, respectively. | ||
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The bar is closed once the tick with a price, bringing the current bar's total number of price changes to the defined number, has been received. The first tick of the following group forms the next bar’s Open component. | The bar is closed once the tick with a price, bringing the current bar's total number of price changes to the defined number, has been received. The first tick of the following group forms the next bar’s Open component. | ||
You can | You can select to base this chart on the Trades, on the Asks, or on the Bids by Setting Quote Field. | ||
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=== Setting Resolution of Change-Based Chart === | === Setting Resolution of Change-Based Chart === | ||
Resolution of change-based charts can be set from the '''Format | Resolution of change-based charts can be set from the '''Format Instruments''' window: | ||
# Open the '''Format | # Open the '''Format Instruments''' window.<br><span>{{FormatSymbol}}</span> | ||
# Select the '''Settings''' tab. | # Select the '''Settings''' tab. | ||
# In the '''Chart''' section, in the '''Resolution''' Interval text box, enter the number of price changes to be used for each bar. | # In the '''Chart''' section, in the '''Resolution''' Interval text box, enter the number of price changes to be used for each bar. |