The Charts widget on the DayTraders Trading Platform allows you to execute and manage trades directly from the chart interface. This feature simplifies the trading process by combining market visualization with seamless trade execution, helping you make quicker, more informed decisions.
Adding the Charts Widget
Open the Market Menu from the platform's toolbar.
Select Chart to add the widget to your workspace.
Resize and position the widget as needed within your layout.
How to Trade from the Chart
Select Your Trading Symbol:
Place an Order:
3. Monitor Active Trades:
Your positions and orders will appear on the orders widget and show details like:
Entry price.
Current price.
Unrealized profit or loss.
Customizing the Chart for Better Trading
Change Chart Types:
Select from candlestick, bar, or line charts depending on your trading strategy.
Add Indicators:
Apply popular indicators like RSI, Moving Averages, or Bollinger Bands for enhanced analysis.
Overlay Symbols:
Compare the current symbol with another instrument by overlaying it on the same chart.
Save Your Chart Layout:
Save your customizations to ensure your workspace is ready for future trading sessions.
Pro Tips for Trading from Charts
Use technical drawing tools (e.g., trendlines, Fibonacci retracements) to identify key levels before placing trades.
Combine the Charts widget with other widgets like DOM Ladder or Order Book for a comprehensive view.
Regularly review your Stop Loss and Take Profit levels to align with market conditions.
With the Charts widget, trading directly from the chart becomes an efficient and intuitive process. Use this feature to combine technical analysis with precise execution, helping you stay ahead in the markets.
Content and resources provided by DayTraders.com, including simulated trading environments, are for educational purposes only. We do not offer real-money trading accounts, and no actual funds are deposited with or traded through our platform. Past performance is not necessarily indicative of future results.
Services are exclusively for non-professional traders.