ChartAlert^® [Charting Module] has some very powerful charting capabilities wherein chart data can be easily edited, deleted, zoomed and scrolled. The software can also build a chart for any symbol and in any time frame, further allowing each chart to be customized with Technical Aanalysis studies, colors and chart types.

Charts

A "chart" is the focal point of much of what you do in ChartAlert^® [Charting Module]. It is a visual or graphical representation of each security's prices in a single window. ChartAlert^® [Charting Module] allows a security's chart to be contained within a single window, which is further divided into one or more sub-windows where the prices and indicators are plotted. Thus, each security's window can contain price plots, indicators, price-plot overlays, etc. in one or multiple sub-windows.

This graphical representation of a chart allows you to perform a visual interpretation of a security's price behaviour. Technical indicators or studies can be plotted on a chart to help you see what prices have done in the past, what they are currently doing, and what they may do in the future.

Since a chart displays the price movement of a specific symbol, this price data can be displayed as Bars, Candlesticks or Lines. Chart Studies and Trading Systems can also be applied to such chart windows to provide technical analysis for your trading decisions.

ChartAlert^® [Charting Module] also allows you to zoom-in, zoom-out, scroll chart, scale the chart to a linear or log scale, activate technical analysis studies, switch chart time frames, select chart types, modify and color studies, and view a list of objects on the chart.

ChartAlert^® [Charting Module] allows end-of-day chart data to be collected and displayed for any symbol, restricted to over 1000 NSE stocks, all NSE futures, and all the leading NSE indices. This chart data is stored in different folders on the hard disk depending on the market group, and is loaded and displayed in the chart window upon request.

Price Plots

The primary focus of a chart is its price plot. Every chart consists of a base security, which is simply a security's pricing data. There are six different styles for displaying pricing data. Each of these styles uses one or more of the four basic pieces of pricing data viz. open, high, low and close. Each of the 6 styles has unique differences that can be interpreted in various ways.

Every chart has a base security. This base security is the security or the ticker symbol that was selected when the chart was originally created. All indicators plotted in new sub-windows or as price plot overlays are calculated on the basis of the chart's base security. The base security's name is displayed in the chart's title bar.

ChartAlert^® [Charting Module] provides 6 ways to view the pricing information: Open-High-Low-Close Bars, Candlesticks, Line, Median Price, Typical Price and Weighted Close. The most common style of price plot is the Open-High-Low-Close or OHLC Bar.

Median Price, Typical Price, Weighted Close and Line charts require only closing prices to plot, whereas Bars and Candlesticks require all four pieces of pricing information viz. Open, High, Low and Close.

ChartAlert^® [Charting Module] provides for several forms of price-plot overlays such as: Bollinger Bands, DEMA, Donchian Channels, Envelopes, Ichimoku Kinko Hyo, Parabolic SAR, T3, TEMA, Time Series Forecast, VIDYA, Wilder's Smoothing, Zero Lag EMA, etc.

The software also provides for overlaying the Volume study and the Volume+Deliveries study on the price plot. The delivery volume referred here is the NSE cash or spot market volume marked for delivery-based buying / selling on a given trading day.

Moving Averages, a staple indicator of technical analysis used in countless chart studies are also available as price plot overlays. ChartAlert^® [Charting Module] allows for a maximum of five moving averages to be overlayed on a single price plot.

Technical Indicators or Chart Studies

ChartAlert^® [Charting Module] has 80+ Technical Indicators or Studies (see list below) to help analyze charts and to facilitate trading decisions. Studies can be drawn directly on a chart (overlaid on the price plot like a moving average), or drawn in one or more sub-windows (like Relative Strength Index in a separate sub-window on the chart).

Right-clicking directly on each study allows you to delete or customize the study settings, the changes of which are dynamically reflected in the chart, thus allowing you to experiment with different study settings and seeing the immediate result on the chart.

There are 2 forms of indicators in ChartAlert^® [Charting Module]. The Price-based Indicators are always calculated using a base security's pricing data. Lastly, the Plot-based Indicators can be plotted directly on an existing plot (i.e., a price plot or another indicator plot). For example, a moving average is a plot-based indicator since it is always calculated on an existing price or indicator. If a plot-based indicator is not applied directly on a plot then it is plotted in a new sub-window and calculated using the base security.

Quick-Browse through Technical Indicators: ChartAlert^® [Charting Module] also allows you to quickly browse through all Technical Indicators in a single sub-window instead of plotting multiple Technical Indicators in multiple sub-windows. To quickly browse through all Technical Indicators available for a chart, simply select or highlight an indicator in the QuickBrowse through Technical Indicators dropdown list on the ChartAlert^® [Charting Module] Toolbar and browse through it!

List of Technical Indicators: The following is an exhaustive list of indicators available in ChartAlert^® [Charting Module]:

Accumulation/Distribution Line, Accumulation Swing Index, Aroon Oscillator, Aroon Up/Down Indicator, Average True Range, Bollinger Bands, Bollinger Band Width, Chaikin Money Flow, Chaikin A/D Oscillator, Chaikin Volatility, Chande Momentum Oscillator, Close Location Value, Commodity Channel Index, Coppock Indicator, Commodity Selection Index, DEMA, Demand Index, Detrended Price, Detrended Price Oscillator, Directional Movement Index or Average Directional Index, Donchian Channels, Donchian Channel Width, Down Average, Dynamic Momentum Index, Ease of Movement, Envelopes, Auto Fibonacci Retracement Zones, Force Index, Forecast Oscillator, Ichimoku Kinko Hyo, Inertia, Intraday Momentum Index, Klinger Oscillator, MACD, Market Facilitation Index, Mass Index, Median Price, MESA Sinewave, Momentum, Money Flow Index, Monthly Trading Ranges, Moving Averages, Negative Volume Index, Net Momentum Oscillator, On Balance Volume, Parabolic SAR, Performance, Polarised Fractal Efficiency, Positive Volume Index, Price Oscillator, Price Volume Rank, Price Volume Trend, QStick, r-Squared, Random Walk Index, Range Indicator, Rate of Change, Relative Momentum Index, Relative Strength Index, Relative Volatility Index, RVI - ChartAlert^®, Stochastic Momentum Index, Stochastic Oscillator - Fast and Slow, Stochastic RSI, Swing Index, T3, TEMA, Time Series Forecast or Least Squares Moving Average, Trend Score, TRIX, True Strength Index, Typical Price, Ultimate Oscillator, Vertical Horizontal Filter, VIDYA, Volatility Ratio, Volume Oscillator, Weighted Close, Wilder's Smoothing, William's Accumulation/Distribution, William's %R, and Zero Lag Exponential Moving Average

C@W, ElliottWave & Candlestick Masks in ChartAlert^® [Charting Module]