Charting Functionality
As you may know, charting is the basis for technical analysis. In fact, technical analysis has become synonymous with “charting.” That’s why you need charts that are easy to use, reliable and that carry a constantly up-to-date price. And that is precisely what you will get on the Finotec Web Trading Platform.
You may view charts for any product you choose (including currency pairs, commodities, stocks and indices) to see past and current price movement. Since traders have their preferences when it comes to graphs, we have made our charts customizable. This means that you can choose between several types of graphs including line charts, bar charts, mountain charts, and of course, candlestick charts. You may choose different colours to display up and down movements. You can also select the timescale resolution: intraday, daily, weekly or monthly. For example, if you choose the weekly mode resolution for a candlestick graph, one candlestick will represent a week of trading for the underlying instrument, with the open price being the Monday Open price, and the closing price being the Friday Close for that specific week. You can also select the quantity of data to be displayed each time a product is charted or in other words how far back you want that specific product charted.
There are also over 45+ technical indicators which may be placed on graphs with a simple click. Next to each indicator, you will find a description and an explanation as to how to use it.
