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Trade Method Stock Analysis Software Introducing
Trade Method 4.1
Build Winning Stock Trading Strategies
Stock Analysis With Artificial Intelligence
Powerful Charting Capabilites
Pick Trade Candidate With Power Search
Download FREE Trial
"The application is easy to use and really helped my trades!"
-- Scott, J.
"Wow! I can test all my strategies and run AI to confirm my trades. Trade Method rocks!"
-- William, N.
    
 
Powerful Charting Capabilites
 

Trade Method software offer powerful charting capabilities. It features 9 different types of charts. The stock charts include OHLC, line, Candle Stick, Renko, Kagi,Three Line Break, EquiVolume, EquiVolume Shadow, and Candle Volume. In addition, Trade Method allows various line studies using the chart tool bar. Chart studies include Trend Line,Measure Tool,Chart Note, Ellipse, Rectangle, SpeedLine, Gann Fan, Fibonacci Arcs, Fibonacci Fan, Fibonacci Retracements, Fibonacci Time Zones, Tirone Levels, Raff Regression, ErrorChannels.

Trade Method offers user the capability to templatize the chart saving valuable time for stock analysis. For example, if a user applied several indicator and style to a chart for one symbol, user can apply the same to another stock symbol with the click of a button. User can also change the color scheme and style of the chart easily.

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Candle Stick Chart

Line Chart

Line chart is the most basic type of chart used in finance and it is generally created by connecting a series of past price points together with a line. A line chart can give the user an idea of where the price of an asset has traveled over a given time. The line chart is plotted with the closing prices of a security because it is the most important one to keep track of.

Stock Line Chart

Three Lines Break

Three Line Break charts display a series of vertical boxes ("lines") that are based on changes in prices. The chart display new lines if the close of the period moves outside of the period of the previous block of trading. If not, then no lines are drawn.

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Kagi Chart

Kagi Chart uses a series of vertical lines to illustrate general levels of supply and demand for certain assets. Thick lines are drawn when the price of the underlying asset breaks above the previous high price and is interpreted as an increase in demand for the asset. Thin lines are used to represent increased supply when the price falls below the previous low.

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Equi-Volume Shadow

Equivolume shadow displays prices in a manner that emphasizes the relationship between price, volume and the shadow. Price is measured on the vertical axis and volume is measured on the horizontal axis. The shadow (empty region in the box) is based on the difference between open and either high or low depending on whether the price closed lower than the open of higher than the open for that interval bar. The shape of each Equivolume shadow box provides a picture of the supply and demand for the security during a specific trading period.

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Renko Chart

The Renko Chart only concerned with price movement. Both time and volume are not included. A renko chart is constructed by placing a brick in the next column once the price surpasses the top or bottom of the previous brick by a predefined amount. White bricks are used when the direction of the trend is up, while black bricks are used when the trend is down. This type of chart is very effective for traders to identify key support/resistance levels. Transaction signals are generated when the direction of the trend changes and the bricks alternate colors.

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Candle Volume Chart

Candle volume charts are the same as regular candle charts with one major difference. The width of the bodies varies with the volume during the particular trading day. The greater the volume, the wider the body and vice versa. This is a very useful way to present the data because while it preserves the candlestick signals, it also offers a quick and simple overview of the volume pattern.

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EquiVolume Chart

Equivolume stock charts emphasizes the relationship between price and volume. The shape of each Equivolume box provides a picture of the supply and demand for the security during a specific trading period. Short and wide boxes (heavy volume accompanied with small changes in price) tend to occur at turning points, while tall and narrow boxes (light volume accompanied with large changes in price) are more likely to occur in established trends.

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OHLC Chart

OHLC is short for "Open, High, Low, Close chart." This chart clearly shows the opening, high, low and closing prices for a security. This type of chart is often used by technical analysts to spot trends and view stock movements, particularly on a shorter term basis.

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