Understanding Time and Sales
Understanding Time & Sales
Time & Sales data is used by professional traders to track detailed price movements. It displays each trade as it happens, including the exact price and whether the trade occurred at the bid or ask price. This data helps identify whether buyers or sellers dominate the market and at what prices.
Additionally, Time & Sales shows the trade volume, indicating how many contracts were traded and where the largest volumes occurred.
Creating New Time & Sales Window
Open a new Time & Sales window by one of following methods:
- Click the New Time & Sales Window icon
on the Main toolbar. - In the main menu select File, then point to New and click Time & Sales Window.
Selecting Instrument
To select the instrument you want to trade with:
- Type the symbol name into the Instrument Selector field and press Enter.
- Click on the Lookup button
to select the necessary symbol from the database.
Linking Time & Sales Window
When the symbol for any one chart of the linked group is changed, the changes will automatically be applied to the rest of the linked windows (Chart, DOM window, Scanner window, Time&Sales Window).
- To link a Time & Sales Window by symbol, click the Instrument Link button on the Instrument Selector of the Time & Sales Window and select desired linking color;
- To un-link a Time & Sales Window, select Not Linked.
Adjusting Time & Sales Window
Pause Mode
Real-time price updates of Time & Sales window may be suspended. Click on Time & Sales window to Pause real-time updates. To resume the updating of the prices, click on Time & Sales window once again. Pause mode is indicated by Paused status on top of Time & Sales window.
Full and Compact Modes
Compact Mode hides Instrument Selector, Status Line and Column Header of the Time & Sales Window. To switch between Full and Compact Modes of Time & Sales Window:
- Right click on the Time & Sales Scrolling List.
- Select Switch to Compact Mode or Switch To Full Mode
Or:
- Right click on the Time & Sales Scrolling List.
- Select Filter data.
- Check/Uncheck Full Mode check box.
Formatting Columns
To adjust columns that are to be indicated on Time & Sales Window:
- Right click on the Column Header.
- Check/Uncheck the columns names that should be indicated.
Or:
- Right click on the Time & Sales Scrolling List.
- Navigate the mouse pointer to Format Columns.
- Check/Uncheck the columns names that should be indicated.
To align text in columns:
- Right click on the Time & Sales Scrolling List.
- Navigate the mouse pointer to Format Columns.
- Navigate the mouse pointer to Alignment.
- Select one of three types of alignment:
- Left
- Center
- Right
Formatting Time & Sales Window Appearance
Appearance of Time & Sales Window can be adjusted in Appearance settings window. To open Appearance settings window:
- Right click on the Time & Sales Scrolling List.
- Select Appearance.
Changing Colors
Colors used in Time & Sales Window can be adjusted under Colors section of the Appearance settings window.
- Filled At column contains the levels where the trades were executed.
- Foreground column. Select the color of the text to be used for an each level in Time & Sales Window.
- Backgound column. Select the color of the background to be used for an each level in Time & Sales Window.
Changing Background Color
Background Color of Time & Sales Window can be adjusted under Background color section of the Appearance settings window.
Select one of 40 pre-defined colors or define a custom color by clicking the Other button.
Changing Font
Font, Font Size and Font Style used in Time & Sales Window can be adjusted under Font section of the Appearance settings window.
Appearance Defaults
To save the current settings as default check Use as Default check box.
To reset configuration to default settings click the Reset to Defaults button.
