Stockcharts is a powerful financial charting platform that has many features and capabilities, however some of them may not be immediately obvious. In this article, we’ll look at the first five features from the top ten hidden features of Stockcharts.
The first feature of Stockcharts is its ability to customize the chart type for each series. The platform allows users to select from different chart types, such as line, area, candlestick, and more. This means that you can switch between different chart types to analyze different aspects of a stock’s performance.
The second feature of Stockcharts is its ability to draw trendlines. Trendlines can provide valuable insight into a stock’s price behavior by visually displaying the trend of a stock. Stockcharts is also able to draw multiple trendlines on one chart, allowing for more detailed and accurate analysis.
The third feature of Stockcharts is its chart-based alert system. This feature allows users to set alerts based on various criteria, such as price levels, volume, and indicator settings. These alerts can be triggered through either text or email, so you never miss an important move in a stock.
The fourth feature of Stockcharts is its ability to compare stock charts across different stocks or indexes. This tool allows users to quickly spot similar or dissimilar characteristics between different stocks or indexes. This can be very useful for scalping, as similar patterns could point to further price movement in one direction.
Lastly, the fifth feature of Stockcharts is its customization of grids and indicators. Users can add grids or indicators to charts, such as moving averages, relative strength index, Fibonacci levels, or any other indicators they choose. Grids and indicators can provide insight into a stock’s behavior and can be customized to fit the user’s trading style.
Overall, Stockcharts provides users with a powerful set of features that can help them analyze stocks and make informed trading decisions. The first five hidden features of Stockcharts outlined above have the potential to provide a great deal of insight into a stock’s price behavior. If you are looking for a trading platform that provides an unparalleled amount of customization and accuracy, then Stockcharts is the right choice.