Chart Live as Trading is Occurring in Real Time

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Chart Live as Trading is Occurring in Real Time

In addition to end of day charting Insight Trader gives you the facility of using a live data feed to chart intraday data. You can plot, for example, tick charts (ie trade by trade charts), one minute bar charts, five minute candlesticks, true course of sales point and figure etc.

The Insight Trader tick database can store up to 100 000 ticks (or trades) for each security. This represents over eight months trading even for some heavily traded instruments such as ANZ and all this information can be displayed on the one chart if required.

Insight Trader supports live charting while giving access to most of the usual facilities that you will be familiar with from your normal end of day charts.

There are two types of live chart:

	End of day charts where you can see today’s bar (candle etc) forming before eyes.
	Intraday charts where you can see individual trades (ie tick charts) or tick data compressed into OHLCV data structures from 1 minute up to 218 minutes. These can be displayed using the normal chart types of line, scatter, bar, candle, equivolume, equicandle, point and figure, and Gann swing charts.

These two types of chart - long term and short term - can be updating simultaneously on the screen.

In fact just as with end of day charts it is theoretically possible to have up to 506 charts updating on the screen at the same time. A practical limit is less than 50

You can plot all the usual chart types, indicators, draw trendlines and other structures, save charts, run slideshows of saved charts and drive autoruns from reference lists just as you can with end of day charts. Below is a 5 minute bar chart with moving average and trendline

A tick chart for NAB for 11 and 12 April 2001 is shown below.

You can also value your portfolio in real time.

The system module operates in real time on daily data updated with current intraday data.

As news breaks you can read, in their entirety, the various News Bulletins from within Insight Trader and where there is any specific news for a particular company, that excerpt is automatically extracted and inserted into the notepad for the relevant security file so you can immediately pull up any information on that company for today without having to read through the whole news file.

In the caption bar of each window displaying a chart is printed the change from the previous close, the last price and most recent bid and ask. On the chart itself you will see the levels of the current bid and ask as coloured lines changing dynamically on the right hand side against the vertical axis.