User ManualVersion 3.0.6

Prepared byFiNEX Solutions

Visit website: http://www.chartnexus.com

January 14, 2010

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Copyright c© 2004-2010 FiNEX Solutions

All rights reserved. No part of this document may be reproduced in any form or by anyelectronic or mechanical mean, including information storage and retrieval systems,without permission in writing from FiNEX Solutions Pte. Ltd (“FiNEX Solutions”).

Limitations of Liability/Disclaimer of Warranty

FiNEX Solutions makes no representation or warranty including, but not limited to theaccuracy or completeness of the contents of this document and specifically disclaimall warranties, including without limitation warranty of fitness for a particular purpose.No warranty may be created or extended by sales or promotional materials.

This document is provided with the understanding that it is for personal educationalreference, to assist you in better understanding of the ChartNexus software system. Ifyou require professional assistance or investment advice, you are strongly advised toengage the services of a competent financial adviser.

FiNEX Solutions shall not be held liable for damages arising here from. The fact thatan organization or a website is referred to in this document as a citation and/or a poten-tial source for further information does not mean that FiNEX Solutions endorses theinformation or recommendations made by the organization or the website. Further, youshould be aware that the Internet websites listed in this document may have changed ordisappeared between when this document was written and when you read it.

For general information and updates on our products and services, please visit our website at http://www.chartnexus.com.

Trademarks

ChartNexus is a registered trademark; XPertTrader, XPertTrader TestDrive, XPert-Trader Indicators, XPertTrader Candlesticks, ChartMaker, IndexCreator are trademarksof FiNEX Solutions and may not be used without written permission. All other trade-marks are the property of their respective owners.

About FiNEX Solutions

FiNEX Solutions is the developer of ChartNexus financial charting software. Estab-lished since 2004 and based in Singapore, FiNEX Solutions has been pushing the fron-tier of financial charting including the introduction of on-demand add-on modules. Theadd-ons extend the capability of ChartNexus to include historical data, backtesting,screening, pattern recognition and more. Besides specializing in application develop-ment, FiNEX Solutions provides a complete range of products and services includingdata services, web-based charting solutions, consultancy on integration of financialcharting systems, education and training and other solutions.

For more information, please contact support@chartnexus.com.

Preface

Born in July 2004, ChartNexus was conceived much earlier before we formed ourcompany FiNEX Solutions. It was then in February 2005 that we started distributingversion 1.0 free-of-charge for personal use to everyone.

Since then, ChartNexus has grown to include many functionalities and improved us-ability. This is in part credited to the continuous contributions by many of the earlyadopters who emailed us with their suggestions and feedback. We thank you !

As we continue our sculpting of ChartNexus, we felt it was critical to explain to youabout the features and functionalities so that you can get the best out of ChartNexus.

In addition to this manual, we have setup some learning resources at our website http://www.chartnexus.com/learning/.

If you discover any error in this document or any of the resources, kindly drop us amail about it support@chartnexus.com, it will certainly benefit others.

We hope that you find all these services and resources useful in helping you to becomea better chartist, trader or investor.

If you have any ideas, comments or feedback on how we can improve our products andservices, we love to hear from you ! Talk to us at support@chartnexus.com.

Happy Charting !

Always Our Best,ChartNexus Team

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Table of Contents

1 About ChartNexus 2

1.1 What Is ChartNexus ? . . . . . . . . . . . . . . . . . . . . . . . . . . 3

1.2 Why Use ChartNexus ? . . . . . . . . . . . . . . . . . . . . . . . . . 3

1.3 Develop Your Winning Strategy . . . . . . . . . . . . . . . . . . . . 5

2 Getting Started 8

2.1 System Requirements . . . . . . . . . . . . . . . . . . . . . . . . . . 8

2.2 Sign Up Free Account . . . . . . . . . . . . . . . . . . . . . . . . . 9

2.3 Installing ChartNexus . . . . . . . . . . . . . . . . . . . . . . . . . . 9

2.4 Starting ChartNexus . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

2.5 Upgrading ChartNexus . . . . . . . . . . . . . . . . . . . . . . . . . 11

2.6 Getting Help . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

3 Introduction 13

3.1 Splash Window . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

3.2 Working Windows . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

3.3 Menu Bar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

3.4 Tool Bar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

3.5 Drawing Tools . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

3.6 Listings & Watchlists . . . . . . . . . . . . . . . . . . . . . . . . . . 17

3.7 Chart Area . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

3.8 News Bar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

4 Managing Windows 18

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TABLE OF CONTENTS iv

4.1 Open Or Close Window . . . . . . . . . . . . . . . . . . . . . . . . . 18

4.2 Adjust Window Size . . . . . . . . . . . . . . . . . . . . . . . . . . 18

4.3 Full-size Window . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

4.4 Move Window . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

4.5 Minimize Window . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

4.6 Show/Hide Window . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

4.7 Always-on-top Window . . . . . . . . . . . . . . . . . . . . . . . . . 21

4.8 Arrange Windows . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

5 Working With Data 23

5.1 Information On Data . . . . . . . . . . . . . . . . . . . . . . . . . . 23

5.1.1 Market data available . . . . . . . . . . . . . . . . . . . . . . 23

5.1.2 Data adjustments . . . . . . . . . . . . . . . . . . . . . . . . 24

5.1.3 Data adjustment events . . . . . . . . . . . . . . . . . . . . . 25

5.1.4 Data Adjustment Settings(On/Off) . . . . . . . . . . . . . . . 26

5.2 Login To Data Server . . . . . . . . . . . . . . . . . . . . . . . . . . 26

5.3 Downloading or Updating Data . . . . . . . . . . . . . . . . . . . . . 27

5.4 Forcing Data Download . . . . . . . . . . . . . . . . . . . . . . . . . 28

5.5 Using From Office Or Behind Firewall . . . . . . . . . . . . . . . . . 29

5.6 (Re-)Installing Data . . . . . . . . . . . . . . . . . . . . . . . . . . . 30

5.7 Fixing Data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31

5.8 Changing Data Downloading Settings . . . . . . . . . . . . . . . . . 32

6 Working With Charts 34

6.1 Opening and Closing Stock Chart . . . . . . . . . . . . . . . . . . . 35

6.1.1 Open chart . . . . . . . . . . . . . . . . . . . . . . . . . . . 35

6.1.2 Close chart . . . . . . . . . . . . . . . . . . . . . . . . . . . 36

6.2 Tiling Chart Windows . . . . . . . . . . . . . . . . . . . . . . . . . . 36

6.3 Price and Volume . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36

6.4 Viewing in Different Time Frame . . . . . . . . . . . . . . . . . . . . 37

6.5 Viewing in Different Chart Types . . . . . . . . . . . . . . . . . . . . 38

6.6 Adding Comments and Drawing onto Charts . . . . . . . . . . . . . . 39

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6.7 Fibonacci Tools . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40

6.8 Drawing Shapes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41

6.9 Repositioning Chart Item . . . . . . . . . . . . . . . . . . . . . . . . 41

6.10 Removing Chart Item . . . . . . . . . . . . . . . . . . . . . . . . . . 41

6.11 Redoing and Undoing . . . . . . . . . . . . . . . . . . . . . . . . . . 42

6.12 Zooming Chart . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42

6.13 Scrolling Chart . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43

6.14 Navigating Chart . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44

6.14.1 Navigate forward or backward . . . . . . . . . . . . . . . . . 44

6.14.2 Use scroll to navigate . . . . . . . . . . . . . . . . . . . . . . 44

6.14.3 Enlarge or shrink viewing period . . . . . . . . . . . . . . . . 45

6.15 Resizing Chart . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45

6.16 Changing Color Settings . . . . . . . . . . . . . . . . . . . . . . . . 46

6.16.1 Changing indicators colors . . . . . . . . . . . . . . . . . . . 46

6.16.2 Change item color . . . . . . . . . . . . . . . . . . . . . . . 48

6.16.3 Change chart color . . . . . . . . . . . . . . . . . . . . . . . 50

6.17 Capturing and Printing Chart . . . . . . . . . . . . . . . . . . . . . . 52

6.18 Performance Chart . . . . . . . . . . . . . . . . . . . . . . . . . . . 54

7 Technical Indicators 55

7.1 Applying Indicators with Indicator Templates . . . . . . . . . . . . . 56

7.2 Changing Indicator Parameter Setting . . . . . . . . . . . . . . . . . 57

7.3 Removing A Customized Indicator . . . . . . . . . . . . . . . . . . . 58

7.4 Changing Colors Indicators . . . . . . . . . . . . . . . . . . . . . . . 58

8 Supplemental Tools 59

8.1 Search Tool . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59

8.2 Watch List . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60

8.2.1 Creating new watch list . . . . . . . . . . . . . . . . . . . . . 61

8.2.2 Removing watch list . . . . . . . . . . . . . . . . . . . . . . 61

8.2.3 Adding stocks to watch list . . . . . . . . . . . . . . . . . . . 61

8.2.4 Removing stocks from watch list . . . . . . . . . . . . . . . . 62

TABLE OF CONTENTS vi

8.3 Brokerage Fee Profile . . . . . . . . . . . . . . . . . . . . . . . . . . 62

8.4 Spread Calculator . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63

8.4.1 Editing brokerage fee . . . . . . . . . . . . . . . . . . . . . . 64

8.4.2 Selling a stock . . . . . . . . . . . . . . . . . . . . . . . . . 64

8.4.3 Buying a stock . . . . . . . . . . . . . . . . . . . . . . . . . 64

8.5 Notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66

8.5.1 Adding, editing & removing notes . . . . . . . . . . . . . . . 66

8.5.2 Retrieving notes all-at-once . . . . . . . . . . . . . . . . . . 66

8.6 Managing Portfolio . . . . . . . . . . . . . . . . . . . . . . . . . . . 67

8.6.1 Managing portfolios . . . . . . . . . . . . . . . . . . . . . . 67

8.6.2 Managing holdings . . . . . . . . . . . . . . . . . . . . . . . 67

8.6.3 Managing transactions . . . . . . . . . . . . . . . . . . . . . 68

8.7 Workspace . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68

8.7.1 Opening workspace file . . . . . . . . . . . . . . . . . . . . . 69

8.7.2 Saving as workspace file . . . . . . . . . . . . . . . . . . . . 69

8.7.3 Renaming a workspace file . . . . . . . . . . . . . . . . . . . 69

8.7.4 Removing selected workspace file . . . . . . . . . . . . . . . 69

8.7.5 Searching or filtering workspace file . . . . . . . . . . . . . . 70

8.8 Custom Indices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70

8.9 Reporting Error . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71

8.10 ChartNexus News & Announcements . . . . . . . . . . . . . . . . . 72

9 Add-ons 73

9.1 What Are Add-ons ? . . . . . . . . . . . . . . . . . . . . . . . . . . 73

9.2 Benefits of Using Add-ons . . . . . . . . . . . . . . . . . . . . . . . 73

9.3 Add-ons Available . . . . . . . . . . . . . . . . . . . . . . . . . . . 74

9.4 How To Subscribe ? . . . . . . . . . . . . . . . . . . . . . . . . . . . 74

10 Frequently Asked Questions (FAQs) 75

10.1 For Newcomer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75

10.2 Login And Password . . . . . . . . . . . . . . . . . . . . . . . . . . 76

10.3 Setup Or Installation . . . . . . . . . . . . . . . . . . . . . . . . . . 76

TABLE OF CONTENTS vii

10.4 Connecting To Server . . . . . . . . . . . . . . . . . . . . . . . . . 77

10.5 Data Issue (download/update/adjustment) . . . . . . . . . . . . . . . 77

10.6 Reporting Error . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78

A Keyboard Shortcuts 81

B Glossary 83

C Graphical User Interface (GUI) Glossary 99

Release Notes

ChartNexus Version 3.0.6 contains the following changes:

• New: More market data added from other countries, e.g. China, Philippines,Thailand, Vietnam and Taiwan.

• New: Price adjustments can now be turned on/off.

• New: Added Risk-Reward Ratio calculator.

• New: Support 3 selections of languages, i.e. English, Simplified Chinese andTraditional Chinese.

• New: ChartNexus V3 is launched with JNLP, supporting directly execution ofChartNexus program from other OS, e.g. Mac OS X, Linux, etc.

• Update: Change of bid size for KLSE (Bursa) market.

• Enhancement: Change default working folder as ”ChartNexus” rather than ”.Chart-Nexus” for higher compatibility in some operating systems.

• Fix: Corrected chart display for users in other timezone, e.g. GMT-8 (US) orany other regions.

• Fix: User login process was wrongly reporting about firewall being turned on.

Happy Charting !

Always Our Best,ChartNexus Team

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Chapter 1

About ChartNexus

“A picture speaks a thousand words”, a well-known adage that speaks the virtue ofpicture and the wealth of information that it contains and conveys.

In the interesting world of equity market where the law of supply and demand dictatesthe direction of an equity instrument (e.g. stock) and the market where the buyer andseller often wrestle with each other on the price of the equity. And then there are caseswhen both parties decide to stay on the sideline due to lack of interest or fresh leads.

In any case, when we plot the chart based on the opening and closing price and thevolume transacted, it became clear that we can visualize and observe the action goingon, of course as to what is really going on, that is still open for interpretation.

This has lead to the adoption of Technical Analysis (TA) which includes charting, var-ious forms of simple and highly sophisticated technical indicators, Japanese candle-sticks among investors and traders, fund managers around the world in their short-term,mid-term or long-term investment decision-making. They use TA to better understandmarket behavior (or rather the collective human behavior) to uncover opportunity orshun potential losses.

Another reason why TA has been gaining popularity, is because we human are emo-tional creatures and can be easily affected emotionally. Emotions such as fear or greedoften make us susceptible to irrational exuberance or even excessive gloom. By em-ploying TA and having them implemented in computer programs, we can automate andeliminate the emotion out of the decision making.

Quoting from the famous John Murphy (Philosophy of Technical Analysis), TA isbased on the following three premises:

• Market actions discount everything.

• Prices move in trends.

• History repeats itself.

Hence, we believe that equipping you with the prowess of technical analysis at yourfingertips, you can chart your way to success!

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1.1. What Is ChartNexus ? 3

1.1 What Is ChartNexus ?

ChartNexus is a stand-alone, financial charting software used for analysing the be-haviour of the stock market. It allows you to chart the trend of stocks based on stockprice action. Using Technical Analysis as the underlying basis for the charting tool,you can then make better prediction of the targeted price for buying or selling stocks.

Designed for investors, traders who want to use functionalities with ease, ChartNexusprovides you with a set of indicators and annotation features. With its user-friendlygraphical user interface and easy navigation, you can chart stocks that you’re interestedin different chart types, set up your own parameters for the indicators instead of usingthe default settings and many other features.

Figure 1.1: ChartNexus charting window.

1.2 Why Use ChartNexus ?

These are just some we could think of, you probably can come up with more once youstarted using it:

• User-friendlyWe are crazy about usability and aesthetics. If a feature is too hard to use, wewill change it, re-code it, re-layout, whatever it takes to make it work. Having apractical, intuitive and easy-to-use tool is all that matter.

1.2. Why Use ChartNexus ? 4

• Power to customizeChartNexus comes with a set of customizable and commonly used technical in-dicators (i.e. MACD, Stochastic), trend-lines drawing capabilities (i.e. arrowlines, Fibonacci lines). You can customize the parameters for all the indicatorsincluded.

• Drawing toolboxDrawing toolbox provides you with a set of tools for annotating, drawing lines,shapes and adding text on to the displayed chart.

Figure 1.2: Drawing toolbox for you to annotate and draw lines or shapes on yourchart.

• Data automatically downloadedDaily EOD is automatically downloaded to your computer when you connect toour server. You don’t even need to bother about getting the data, formating andthen organizing it.

• Online or offline modeWith ChartNexus, you can use it in online or offline mode. In fact, except for thecase when you need to get the latest data or updates, there is almost no need foryou to stay online. You don’t have to worry about server not available anymore.With ChartNexus installed on your computer, you can chart anytime, anywhereas you please.

• Latest updates and fixes automatically detectedTo ensure that you are always using the latest version and with all the bugs fixed,ChartNexus will automatically check for updates when you connect to server andprompt you to install when there is updates or fixes available. Upgrading havenever been so easy.

• Customise and share your workUsing the (Capture Chart) option, you can export your charts in any sizes thatyou want and share your analysis work with your friends, family members orfellow investors on the web. You can change the color scheme of the chart too(background, title, borders etc.) !

• Save your workWith ChartNexus, you can save your analysis on charts (Workspace) and createyour own investment notes (Notes) in ChartNexus for future references.

1.3. Develop Your Winning Strategy 5

Figure 1.3: Workspace panel to allow saving of chart state.

• Watchlist and portfolio managementYou can create your own watchlists to keep track of the stocks that you are mon-itoring. You can also create the brokerage fee profiles. With our portfolio man-ager, you can manage your portfolio.

• Developers are usersWhy is this important ? Well, this makes us think and develop ChartNexus toensure it’s usable. If you face problems or inconvenience, we will encounter thesame too so you can assured that we will resolve or improve it.

• Save time and moneyTime is priceless. No money can ever reverse back your time lost. Choosingthe right software that works for you is important ! We are dedicated to makeChartNexus the right software just for you.

• We are always listeningWe love sharing and we want you to share with us too. In fact, we are alwayskeen to get your feedback and criticism. We will incorporate your feedback afterour rounds of deliberation. This is how we ensure ChartNexus gets better !

1.3 Develop Your Winning Strategy

Whether you are fairly new or already seasoned to Technical Analysis, the best way toimprove your skill is to put all the theories you learned into practice.

So, how do you go about in developing your winning formula in the stock market? InChartNexus, besides the base system that we provide with the essential tools, we alsooffer a collection of advanced, value-added tools on monthly subscription basis whichwe called Add-ons. These Add-ons include ChartNexus XPertTrader, historical dataand with more coming.

1.3. Develop Your Winning Strategy 6

Figure 1.4: Portfolio management.

In ChartNexus XPertTrader, there are Rules Composer, Stock Screener and Backtesterwhich allow you to screen and test by candlesticks patterns, technical indicators orgeneral rules.

First, you can compose your own rules from a set of technical indicators or candlestickspatterns using Rules Composer. Then put your composed rules to test by using theBacktester to run your buy/sell strategies over the historical market. You will then beable to determine the results of your trading rules and refine them until you obtainsatisfactory results. With the tested rule, you can then apply it to Stock Screener toscreen for potential stocks.

1.3. Develop Your Winning Strategy 7

Figure 1.5: ChartNexus XPertTrader - create rules, backtest and screen .

We organize regular walk-in-workshop or seminars to explain and demo ChartNexusand its features especially on ChartNexus XPertTrader. If you are unsure of how toapply the technical indicators or any rules effectively, you are welcome to attend anyof the workshops and seminars to horn your skills. We believe that with a little helpfrom us, you will be able to develop your own winning strategies, take charge of yourfinancial future and not depending solely on others’ predictions or hearsay.

For more information on Add-ons, please visithttp://www.chartnexus.com/products/addons.php.

For more information on Events & Workshops, please visithttp://www.chartnexus.com/events.

Chapter 2

Getting Started

In this chapter, we will guide you on how to quickly set up ChartNexus. We tried ourbest to simplify and the installation as easy as possible. However, should you have anyfurther questions or any problems during the installation process, check out the variousresources listed under Section 2.6.

2.1 System Requirements

To get ChartNexus up and running as quickly and easy as possible, ensure that yourcomputer system meets the following requirements:

Java RuntimeEnvironment (JRE) /

Java Development Kit(JDK)

JRE or JDK 1.5 or higher version. If you are not surewhether your computer has this, simply download ourbundled installation kit from our web site.

Speed of Processor Pentium 1GHz or equivalent upwards

Memory (RAM) At least 512 megabytes (MB) RAM

Display Resolution Super VGA (1024 x 800) or higher

Hard Disk Space At least 500MB

Peripherals Mouse and keyboard

Internet ConnectivityUsed for downloading stock data. The connection can bebroadband/dial-up

Table 2.1: System requirements.

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2.2. Sign Up Free Account 9

2.2 Sign Up Free Account

Once you have checked that your computer system fulfilled the system requirementslisted in Table 2.1, download and install ChartNexus following these steps:

1. Sign up for an accountSign up for a free account at http://www.chartnexus.comwhich will be usedfor downloading the daily end-of-day (EOD) stock data to your computer. Withthis free account, you will able to enjoy many features from ChartNexus, e.g.managing your own portfolio, indicator templates and saving charts.

2. Activate your accountAfter signing up, an email containing the activation link will be sent to youremail account that you have registered with us. Click on the link to activate youraccount. You may want to check inside your junk mail folder in case you didn’treceive the mail.

3. Installing ChartNexusGo to the our web site http://www.chartnexus.com/products/download.php, and launch ChartNexus setup to install the software program at your ma-chine. See more in following section.

2.3 Installing ChartNexus

Go to the ChartNexus web site at http://www.chartnexus.com/products/download.php, and you should see our download page as shown in Figure 2.1. Click on the down-load setup button to launch the installer.

Figure 2.1: The Download Page of ChartNexus.

2.3. Installing ChartNexus 10

At the beginning, you will be presented with an installer dialog window starting with alanguage selection (Figure 2.2). Select your preferred language and press ’Continue’.

Figure 2.2: Language Selection Dialog at the Beginning of Installation.

Next, you will be prompted a software update window. For the first launch, you mustselect ’Upgrade Now’ to allow installer to download the ChartNexus software program.

Figure 2.3: Autoupdater will automatically check for the latest updates or fixes andprompt you to install.

2.4. Starting ChartNexus 11

2.4 Starting ChartNexus

After you have successfully installed ChartNexus, login with the free account that youhave registered on our website.

Once you start ChartNexus, you will be presented with the User Login Window (seeFigure 2.4). Refer to the Chapter : Working With Data under the section Login to DataServer 5.2 for the steps to update your data to the latest date.

Figure 2.4: User login window.

2.5 Upgrading ChartNexus

Upgrading ChartNexus is a breeze. Upon each launch of ChartNexus, it will check forany latest updates including latest version, bug fixes and prompt you to install (Fig-ure 2.3). Your previous settings (including watchlists, portfolios etc.) will be retained.

NOTE: You do not need to register another new account. Please use back your sameaccount to login once you have upgraded.

2.6 Getting Help

We are always standing by to help you with any problems that you encounter whileusing ChartNexus.

1. Online Documentation & Video Clips:http://www.chartnexus.com/learning contains many learning resourcesincluding articles, video clips, newsletters etc. We highly recommend !

2. Frequently Asked Questions (FAQ):http://www.chartnexus.com/support contains questions and answers that

2.6. Getting Help 12

are commonly asked by our users.

3. Forum:You are invited to post your questions and comments on our forum at http://www.chartnexus.com/forumwhere we share with our community of Chart-Nexus users.

4. Email:If you are unable to find the answer to your problem, please use the form athttp://www.chartnexus.com/support/contactus.php#cform. to contactus. Guaranteed within 24-hour reply !

5. Walk-in-workshop:We organize regular walk-in-workshop to explain and demo ChartNexus and itsextra features. Be sure to check out our announcements.

6. Telephone, Fax and Address:

Singapore

Phone : (65)6491 1453 OR 6491 1454

Fax : (65)6534 9928

Business Hour : 9:00am to 6:00pm, GMT+8:00, Monday to Friday

Office Address :

15 Enggor Street,

#10-01,

Realty Centre,

Singapore 079716.

Malaysia

Phone : (60)3 2287 5968

Fax : (60)3 2287 5964

Business Hour : 9:00am to 6:00pm, GMT+8:00, Monday to Friday

Office Address :

Suite A-20-13A,

Level 20, Menara UOA Bangsar,

No.5, Jalan Bangsar Utama 1,

59000 Kuala Lumpur, Malaysia.

Chapter 3

Introduction

In this chapter, we will introduce you to the various graphical user interface (GUI)components and windows in ChartNexus so that you will know how to access andnavigate properly to maximise your usage of the features provided.

3.1 Splash Window

When you first run ChartNexus after the setup, you will be presented with a splashwindow as shown in Figure 3.1.

The following information is displayed on the Splash Window:

1. The version of ChartNexus that you are using.

2. Name of the company who develops ChartNexus i.e. FiNEX Solutions.

3. ChartNexus tagline.

This splash window can be accessed later by clicking on Help and then About in themenu.

3.2 Working Windows

Figure 3.2 shows the main windows you will see after the splash window (dis)appears.

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3.2. Working Windows 14

Figure 3.1: Splash Window. Will auto-hide itself once ChartNexus finished loading thenecessary components.

These are the panels or windows that you will see when you first launch ChartNexus.They may or may not appear subsequently based on how you have configured as Chart-Nexus will remember your preference.

1. Menu Bar - Access to functions in ChartNexus.

2. Tool Bar - Quick access to functions in ChartNexus. Partial listing only as com-pared to what are found in Menu Bar.

3. Drawing tools - One click access to the drawing tools to annotate, draw shapesor lines.

4. Listings & Watchlists - This will most likely be your starting point. You canview the different markets, different categories and the corresponding equitybased on alphabetical order.

5. Chart area - When you double click on a name of an equity in Listings, thechart of the equity will appear here.

6. Indicators - List of indicators (eg. RSI, MACD) available for your usage.

7. News Bar - This panel display announcements or news from us including latestor earlier ones.

3.3. Menu Bar 15

Figure 3.2: Screenshot of the main working windows in ChartNexus (NOTE: it willlook slightly different in Windows Vista, Windows XP, Windows 9x, Windows ME orWindows 2000).

3.3 Menu Bar

You can access the features in ChartNexus through mouse-clicking or by using yourkeyboard.

The Menu Bar or simply menu shows categorized list of menu items available in Chart-Nexus. Each of the menu items contains a particular function.

To use a particular feature/function, use your mouse and left-click once on the desiredmenu item as shown in Figure 3.3:

3.4. Tool Bar 16

Figure 3.3: Accessing the menu bar and menu items.

For example to close a chart, you can click on the Close menu item to close the currentselected chart. Alternatively, you can use keyboard combination key or what is termedas accelerator key or shortcut key to conveniently and quickly invoke certain function.

Example: pressing the control key (CTRL) and the key ’W’ on your keyboard willclose the current/selected chart.

3.4 Tool Bar

Tool bar gives you one-click direct access to some of the more commonly used func-tions.

You can click and hold on it to drag it out from its current position and make it ’float’.To make it anchor back into it default/original location, just click on the X button foundat its top right corner.

3.5 Drawing Tools

The drawing tools toolbox lets you draw shapes, draw lines, add annotation and moreon to your chart.

Figure 3.4: Accessing the drawing tools toolbox.

3.6. Listings & Watchlists 17

3.6 Listings & Watchlists

This will usually be your first point of access.

From here, you can switch around to the different market data available to you. You canalso browse through the list of equity (stocks, warrants etc.) arranged by alphabeticalorder; categories e.g. top movers, top % gainers, top % losers etc.

Double click on any of the equity name and the corresponding chart will be shown inthe 3.7 Chart Area.

Besides these, the watchlist management tools are also located here. You can track yourfavourite equity or you can have easy access to the equity that you have just viewed.

3.7 Chart Area

This is where the equity (stocks, warrants etc.) will be shown once you double clickon any of the equity name found in the 3.6 Listings.

3.8 News Bar

News bar displays announcements and news from us. This may include events news,data news (in the event of any interruption), major announcements or PR news and soon. New news item will appear in orange and indicated with the word NEW.

Move your mouse over it and click on the link will bring you to our web page for thefull coverage (NOTE: you need an Internet connection for this).

Chapter 4

Managing Windows

In this chapter, we will introduce you to the functions available for managing the win-dows in ChartNexus. We have introduced the ’sticky’ or magnetic window into Chart-Nexus to let you easily manage your window. The windows will also auto-adjust theirheights when you try to stack them at the left corner. For managing your opened charts,please see the subsequent chapter on Working With Charts.

4.1 Open Or Close Window

The control buttons to show or hide windows are located in the Menu Bar or Tool Bar.Click on the menu item or tool bar button to show or hide the window.

To close the window, you can also click on the ’X’ button located at the top rightcorner of the window. Pressing the key ’Esc’ on your keyboard will also close theopened window.

4.2 Adjust Window Size

To adjust the size of the window, move your mouse cursor to the edge of the windowas highlighted in Figure 4.1.

18

4.3. Full-size Window 19

Figure 4.1: Drag and hold the edge of the window to resize the window.

4.3 Full-size Window

To show ChartNexus in full screen, click on Window menu and then Full Screen Mode.To restore the normal window size, click on the Window menu again and then clickWindowed Mode as shown in Figure 4.2.

Figure 4.2: Click to enlarge the window to be full sized or normal size.

4.4. Move Window 20

4.4 Move Window

Figure 4.3: Drag and hold the title bar to move the window around.

4.5 Minimize Window

Figure 4.4: To minimize the window, click on the arrow button. Click once more toundo.

4.6 Show/Hide Window

To show a closed window or hide an opened windows, please go to the Menu Bar andclick on the name of the window that you want. In Figure 4.5, the Listings, Indicatorsand Workspaces windows are shown.

4.7. Always-on-top Window 21

Figure 4.5: To show or hide a window, click on it to show/hide or click once more tohide/show it.

4.7 Always-on-top Window

By clicking on the pushpin located at the top right corner of a few windows e.g.

Listings, Indicators, Workspaces etc., you can enable or disable the windowto stay always-on-top or otherwise by clicking on it once or twice. See Figure 4.6.

Figure 4.6: Clicking on the pushpin to enable the window to stay always on top orotherwise.

4.8. Arrange Windows 22

4.8 Arrange Windows

We have introduced a few buttons for you to easily arrange the opened chart window(s):

• 1 chart at a time

• 2 charts with one on top of another

• 2 charts side by side

• 4 charts

Also, to enable fast and easy management of windows, we introduced ’magnetic’ or’sticky’ window, which will automatically glue the windows together when you movethem close to each other. Windows will also auto arrange their size.

Chapter 5

Working With Data

Data is what makes it possible to plot chart. In this chapter, we will look at what arethe market data that comes with ChartNexus, how you can obtain them, how you can(re)install the data if required and fixing them if necessary.

5.1 Information On Data

We try to provide as much data as easily available to you.

Data is automatically downloaded and updated every trading day, saving you the hassleto worry about updating and formatting your own data. On top of that, we provideadjusted (see 5.1.2) end-of-day (EOD) and historical data. ChartNexus uses proprietarydata format.

5.1.1 Market data available

We currently provide EOD data and historical data only and do not support real-timedata.

ChartNexus comes free-of-charge (personal use) with EOD data :

1. 3 years BSE, NSE

2. 3 years HKSE

3. 3 years JSX

4. 3 years Bursa/KLSE (include both Mainboard and Mesdaq stocks and warrants)

5. 3 years SGX (include both Mainboard and Sesdaq stocks and warrants data)

6. 3 years AMEX, NASDAQ, NYSE and USINDEX

7. 3 years World Indices

23

5.1. Information On Data 24

NOTE: Data is usually updated at around 6:30pm (Singapore local time) daily. Werecommend that you update the data after 7pm or later. There maybe times whendelivery maybe late or delayed. We will make announcement on those occassion.

If you require historical data, you may want to consider subscribing to our addons -10-year Historical Data which is adjusted for splits for more in-depth analysis.

5.1.2 Data adjustments

Many data sources, especially free ones usually do not come with data adjustment andmay not give you the true idea of the price of the equity. Data in ChartNexus is adjustedfor splits.

WITHOUT data adjustment, when stock splits, the chart will appear as shown in Fig-ure 5.1:

Figure 5.1: Non-adjusted data with a huge gap distorting the chart.

WITH data adjustment, either/both previous price and volume data values are adjustedto match the new valuation. This will allow the price and volume information to main-tain a consistent scale with new data.

When there’s an adjustment event, a bell icon will appear in the chart as shown inFigure 5.2:

5.1. Information On Data 25

Figure 5.2: Adjusted data closes the gap and indicated with a bell icon. Move yourmouse over the bell to see the description of the event.

5.1.3 Data adjustment events

These are the events that we will adjust the data:

1. Name change of companies

2. Bonus Split - both volume and price are adjusted

3. Rights Issue - both volume and price are adjusted

4. New Par - both volume and price are adjusted

(a) consolidation(b) capital reduction(c) cash distribution(d) share consolidation(e) sub-division

NOTE: As the data is adjusted, hence don’t be alarmed if you find that our data issignificantly different from other data sources as they might not adjusted.

5.2. Login To Data Server 26

5.1.4 Data Adjustment Settings(On/Off)

ChartNexus charts are by default adjusted for Bonus Issue, Right Issue, etc. You canuse Price Adjustment Setting Window to turn off (and turn on) individual type of ad-justments.

To bring up the Price Adjustment Setting Window, click on the Price Adjustment Set-

ting button on our Menu Bar.

Yout will be presented with the Price Adjustment Setting Window (see Figure 5.3):

Figure 5.3: Price Adjustment Setting window.

1. Enable All - To enable all types of adjustments.

2. Disable All - To disable all types of adjustments.

3. Apply - To apply your change. The change in setting will not be applied toexisting charts which are opened, but to the new charts to be opened.

5.2 Login To Data Server

ChartNexus can operate in ONLINE or OFFLINE mode. You will only need to connectto our server to our server when you need to update the EOD data to get the latestclosing price using your login account which is provided free.

5.3. Downloading or Updating Data 27

When you start ChartNexus for the first time, you will be presented with this loginwindow (see Figure 5.4). If you set the option to let ChartNexus to remember yourlogin information, this window will not appear subsequently and you will be auto-connected to our server.

To bring up the login window, click on the User Login button on our Menu Bar.

You will be presented with the User Login Window (see Figure 5.4):

Figure 5.4: User login window.

1. Register - Click on this link to bring you to the account sign up page to registera free account which will be used to connect to our server.

2. Login and Password - This is your login information. Type in your accountinformation as what you have registered with us.

3. Remember Login - Click this if you want ChartNexus to remember your logininformation. You will not be prompted subsequently. If you do not want to letChartNexus remember it, click on it again to deselect.

4. Network - You may need to configure proxy settings if you are using behind aproxy server or firewall for instance if you are using in corporate network.

5. Forgot Password - Click this to bring you to the web form to retrieve yourpassword (which will be sent to you email account).

5.3 Downloading or Updating Data

Once you have keyed in your login information and connected to our data server, thedata downloading process begins. A dialog box will be displayed to inform you on theprogress (see Figure 5.5).

5.4. Forcing Data Download 28

Figure 5.5: Dialog box showing the data download progress.

Once the download is completed, you can see the latest data updated shown as shownin Figure 5.5 OR you can also locate the status information in the Listings window justbeside the name of the market data.

If you have opened any chart before the data update is completed, ChartNexus will autoadjust it to the latest.

5.4 Forcing Data Download

You can also force data download (though not required) by clicking on the Download

Latest Data From Server button on the menubar. Conversely, you can stop down-

loading the data by clicking on the same button Stop/Pause Download as shownin Figure 5.6.

5.5. Using From Office Or Behind Firewall 29

Figure 5.6: Connect to server button. Click it to start or to stop data from downloading.

5.5 Using From Office Or Behind Firewall

If you are using from office or behind a private network with firewall in place, youMAY need to perform some simple configurations.

Click on the Network button (see Figure 5.7) if you want to set your connection setting.This will allow you to key in your own proxy server address and port number.

5.6. (Re-)Installing Data 30

Figure 5.7: Network connection configurations when you encounter connection prob-lem especially behind proxy server or firewall.

5.6 (Re-)Installing Data

When you first install ChartNexus, we have only included in the setup package someof the market data that we mentioned earlier in this chapter’s introduction. You willneed to install them. Later on, sometimes you may want to re-install the market dataand this process describes for both installing and re-installing market data.

When you first started ChartNexus, you will be presented with the market data installeras shown in Figure 5.8.

5.7. Fixing Data 31

Figure 5.8: Installer or re-installer for the various market data.

NOTE: Depending on whether you have any subscription with us, the year/duration ofthe market data may vary. For free user, we only provide you with 1 year data. Forsubscribers, we provide 10 years of market data.

If you do not see the above Market Data Installer, you can activate it by going throughthe process as describe in Section 5.7.

Once you see the Market Data Installer (refer to Figure 5.8),

1. Select the market that you want (re)install by clicking on the button.

2. Click on Install Market Data button.

5.7 Fixing Data

Sometimes due to problem with the connection or some issue with downloading orpossibly problem at our server end, the data may be corrupted or missing, and causingproblem when displaying your selected chart. To fix this,

1. In the Menubar, click on Help.

5.8. Changing Data Downloading Settings 32

2. Next, click on Fix Corrupted/Missing Data.

3. A window will appear as shown in Figure 5.9.

4. Select All stocks and Reinstall market data (assuming if you want to (re)downloadthe entire market data. Otherwise you can just select a particular stock beforeproceeding further.

5. Click on the Go button.

Figure 5.9: Fixing corrupted or incomplete data for an equity.

NOTE: If using this step does not resolve your problem, please drop us a mail.

5.8 Changing Data Downloading Settings

Data is automatically downloaded a few seconds after you start ChartNexus. You canchange the download setting, refer to Figure 5.10.

5.8. Changing Data Downloading Settings 33

Figure 5.10: Data downloading settings. Use this to set the order of data download andwhether to download the particular market data.

Chapter 6

Working With Charts

Now that you are familiar with the features and functions of ChartNexus, we will lookat the tools and functions that are available to you for your charting work in this chapter.

Figure 6.1: Charting area.

1. Market & Equity Name - Name of the equity (stock, warrant etc.) and to whichmarket it belongs.

2. Overview - Displays the OHLC (Open, High, Low, Close prices), volume and

34

6.1. Opening and Closing Stock Chart 35

the change in % from previous session close.

3. Indicators Selected - Shows the indicators used in the chart and the shorthanddescription of the indicators’ settings.

4. Indicator Panel - Indicator panel showing the indicator selected.

5. Market & Equity Name - Name of the equity (stock, warrant etc.) and to whichmarket it belongs.

6. Chart Settings - Contains the settings for the chart : daily, weekly data; bar, lineor candlestick display; color settings; save chart as workspace.

6.1 Opening and Closing Stock Chart

6.1.1 Open chart

To open or show a chart (see Figure 6.2), double click on any name of the equity

(stocks, warrants etc.) found in the Listings .

Figure 6.2: Double click to open a chart.

Alternatively, right click on the name of the equity and a pop up menu will be shown,see Figure 6.3 (a), click on Open chart.

6.2. Tiling Chart Windows 36

Figure 6.3: Right click on an equity and a pop up will be shown. If an equity openedfor the first time, then you will be presented with menu (a) otherwise if the equity chartis already opened, you will see (b) menu instead.

To open another instance of the same equity, for example you may want to comparefor the same equity using different indicators, trendlines etc. in two separate windows,right click on the equity and then click on Open New Instance, see Figure 6.3 (b).

6.1.2 Close chart

To close a chart, click on the X button located at the top right corner of the chartwindow.

6.2 Tiling Chart Windows

In a multi-window environment, you can view 1 chart or multiple charts simultane-ously, often to perform comparison. You can set to arrange your charts:

• 1 chart at a time

• 2 charts with one on top of another

• 2 charts side by side

• 4 charts

6.3 Price and Volume

• OHLC (open, high low, close), volume and changes from previous closing priceof the equity in view

• Price axis

• Volume axis

6.4. Viewing in Different Time Frame 37

• Red volume bar is displayed if current price closes lower or equal to previousday’s closing price otherwise green bar is displayed

Figure 6.4: Viewing and interpreting price and volume of equity.

You can view the price in linear or logarithmic scale. Click to select whichever youprefer to use. Default is set to linear price scale. Refer to Figure 6.5.

Figure 6.5: Viewing price in linear or logarithmic scale.

6.4 Viewing in Different Time Frame

You can change the period or time frame of the chart to either of these

• daily

• weekly

• monthly

by clicking on the button located at the bottom left corner of the chart window.

6.5. Viewing in Different Chart Types 38

Figure 6.6: Display charts in different views : daily, weekly and monthly.

6.5 Viewing in Different Chart Types

You can view all the stock charts in three different forms, namely Candlestick chart,Bar chart and Line chart. The buttons are located at the bottom left corner of the chartwindow.

a) Candlestick Chart (selected by default)

Figure 6.7: Candlestick chart.

b) Bar or OHLC Chart

6.6. Adding Comments and Drawing onto Charts 39

Figure 6.8: Bar or OHLC (Open, High, Low, Close) chart.

c) Line Chart

Figure 6.9: Line chart.

NOTE: ChartNexus will automatically remember the chart type that you have selectedand loads it the next time when you start.

6.6 Adding Comments and Drawing onto Charts

Sometimes, we just want to add our own comments to the charts. At other time, wewant to draw lines, trendlines or even add arrows to the chart. You can find a myriadof drawing and commenting tools available in the Drawing Tools box usually locatedjust above the chart window (see Figure 6.10).

6.7. Fibonacci Tools 40

Figure 6.10: Adding comments and drawing shapes.

6.7 Fibonacci Tools

No charting tool would be complete without the Fibonacci arcs , fan , time

and retracements .

Figure 6.11: Chart with fibonacci tools.

6.8. Drawing Shapes 41

6.8 Drawing Shapes

You can add rectangles, squares, oval, circle to your charts by using the buttons and

respectively. You can tweak the background color of the oval shape by adjustingthe brightness level, refer to Figure 6.25

Figure 6.12: Adding shapes to your charts.

6.9 Repositioning Chart Item

In the previous sections, we have shown how you could add lines, rectangle boxes,comments, Fibonacci fan, time etc. What if you have added at a wrong position andyou want to move it or position it differently?

As shown in Figure 6.13, move the mouse pointer over to the edge of chart item thatyou wish to reposition. The mouse pointer will change into a cross pointer, left-clickyour mouse and drag the chart item to desired position. The same can be done to movepercentages shown in Fibonacci Tools chart items.

6.10 Removing Chart Item

To clear or remove an added chart item, move the mouse pointer over to the chart item,left-click on the item and press the Delete on keyboard.

6.11. Redoing and Undoing 42

Figure 6.13: Repositioning chart item.

Alternatively, you can use the Eraser functions. Click on the Eraser tool and thenclick on the chart item to be erased. You can also use the Erase All tool to remove allmanually added chart items.

Figure 6.14: Eraser buttons.

6.11 Redoing and Undoing

Clicking on the Redo button and Undo button to repeat or undo the action thatyou have carried out.

6.12 Zooming Chart

To zoom in (enlarge details) or zoom out (lessen details), use the zoom button tocontrol the level of details.

i) Zoom In Drag and hold a region of the chart to zoom in to increase the details(see Figure 6.15 OR to use shortcut key, press the ’+’ key.

6.13. Scrolling Chart 43

Figure 6.15: Selecting a period to zoom in.

ii) Zoom out Right click on the chart to decrease the details OR to use shortcut key,press the ’-’ key.

For more shortcuts, please see Appendix A.

Alternatively,

you can use the zoom in/out button found at the scroller.

Figure 6.16: Zoom in and out buttons added to make it easy to zoom.

6.13 Scrolling Chart

To control the scrolling of the indicators panel and chart size in the chart panel, youcan use the vertical scrollbar to do that. Toggling it will turned off/on the option, seeFigure 6.17

6.14. Navigating Chart 44

Figure 6.17: Toggling the scrollbar to turn on scrollbar or otherwise (chart size andindicator size will be automatically adjusted).

6.14 Navigating Chart

Charts are plotted over a period of time. In ChartNexus, you can conveniently navigateforward, backward, change viewing period etc. by using the navigation bar located atthe bottom right corner in each chart window.

6.14.1 Navigate forward or backward

To move forward or backward in time, click on (1) or (2) respectively , see Figure 6.18.

Figure 6.18: Navigation bar to let you scroll the chart forward or backward AND zoomin/out AND view in a particular period.

6.14.2 Use scroll to navigate

You can achieve the moving forward and backward much more convenient by movingyour mouse cursor over region A (see Figure 6.18) until the cursor changes to a palm

6.15. Resizing Chart 45

cursor then click and hold it to drag forward or backward.

Alternatively, you can also use keyboard shortcut keys to activate the same functions.However, you will need to click once on the chart area so that the shortcutkeys can beregistered. For more shortcuts, please see Appendix A.

Figure 6.19: Shortcut keys available for chart navigation.

6.14.3 Enlarge or shrink viewing period

To enlarge or shrink the period in view, move your mouse cursor over to (3) or (4) (seeFigure 6.18) and then click and drag to change the period in view.

6.15 Resizing Chart

To adjust the size of the chart, move your cursor/pointer over to the edge of the chartwindow until the cursor change to the diagonal arrow as shown in the Figure 6.20(colored in red).

Figure 6.20: Resizing chart manually.

6.16. Changing Color Settings 46

6.16 Changing Color Settings

You can change the display color for all the manually added chart items or you canchange the color settings for the chart.

6.16.1 Changing indicators colors

First, click on ”Edit” button in the Indicators Window

Figure 6.21: ”Edit” button for change of indicator parameters & color

Next, click on the indicator name. For eg: MACD.

6.16. Changing Color Settings 47

Figure 6.22: Selecting indicator in Indicators Parameters Settings Window

Then, click on the color settings box and change to the preferred color.

6.16. Changing Color Settings 48

Figure 6.23: Changing color in Indicators Parameters Settings Window

6.16.2 Change item color

You can change the item color before or after you have inserted it. To change the color

of the item, click on the Color Setting button (see Figure 6.24 located at the bottomleft corner of each chart:

Figure 6.24: Color settings button.

A window will appear as shown in Figure 6.25. Click on the color that you desire:

6.16. Changing Color Settings 49

Figure 6.25: Choose color settings.

To set to the desired color for the charting item:

1. Choose the desired color as shown in Figure 6.25, click OK to start using thecolor.

2. Insert any chart item and the item inserted will assume the new color (see Fig-ure 6.26).

Figure 6.26: Chart items with chosen color.

6.16. Changing Color Settings 50

6.16.3 Change chart color

Often, we want to be able to personalize the chart that we generate. You can change allthe color settings for the chart in ChartNexus.

Again, click on the Color Setting button (see Figure 6.24) located at the Minitool-bar.

Next, click on the Chart Colors tab. You will see the following (see Figure 6.27 andFigure 6.28):

Figure 6.27: Chart color settings panel.

6.16. Changing Color Settings 51

Figure 6.28: More options for changing color settings.

1. Save your favorite color settings under a theme name.

2. Remove selected theme.

3. Import/Export your theme.

4. Drop-down list containing all your saved themes.

5. Click to access help documentation.

6. Click on the color palette to edit them.

7. Click on this option to enable auto configurations of all option listed below it.

8. Select individually your desired color configuration or click on Auto Adjust tolet the system determines it automatically.

You can customize the various options available including chart title, labels, back-ground colors, border color, candlesticks color, grid color and so on. See Figure 6.29for the illustration on the various settings.

6.17. Capturing and Printing Chart 52

Figure 6.29: Chart colors settings.

We have also added the function for you to save the color scheme in various colorthemes where you can manage them (create, remove and export) so that you can adoptvarious color schemes.

6.17 Capturing and Printing Chart

You can save all your comments/annotation, lines etc. that you have drawn on the chartand save them as image file (in PNG format) and share it with your friends or familymembers over the Internet or other means.

NOTE: if you want to save the state of the chart within ChartNexus, then you will needto use what we called Workspace, see the Workspace section ??.

Referring to Figure 6.30,

1. Click on the Capture Chart button located on the Menu Bar.

2. The Capture Chart window will pop-up.

3. Choose from the drop-down list the image size you wish to save. You can alsocustomize to the size that you wish to.

4. Click on Save To Computer button to specify where the chart should be saved.

6.17. Capturing and Printing Chart 53

Figure 6.30: Capture chart and save to computer.

To print a chart, click on the Send Chart To Printer button at the Menu Bar as shownin Figure 6.31. Of course beside printing directly, you can always use the capture chartmethod (see section 6.17).

Figure 6.31: Send chart to printer for printing.

6.18. Performance Chart 54

6.18 Performance Chart

Often, we may want to compare the index against particular stock(s) or simply to com-pare a basket of stocks to gauge their relative performance. You can achieve them withPerformance Chart.

Figure 6.32: Performance chart for comparison between index against stocks orstocks(s) among each other.

1. Click on the Performance Chart button located at the Menu Bar.

2. The Performance Chart window will appear.

3. Under Listings window, click on the equity to set the particular equity as refer-ence for comparison. To remove an equity from the Performance Chart, movethe mouse pointer onto the Equity Name and then click on the close(x) button.

4. To set the Reference Line to indicate a particular point in time to begin com-parison, move the Reference Line by clicking on the line then drag to a desiredreference date.

5. When you click on the Performance Chart, these two buttons and willappear at the bottom left corner of the chart. Click on the buttons to reset theReference Line to the left and to clear all the counters in Performance Chartrespectively.

Chapter 7

Technical Indicators

ChartNexus comes with some of the most commonly in use indicators. You can easily

access them in the Indicators list :

1. Accumulation/Distribution

2. Average Directional Index (ADX)

3. Average True Range (ATR)

4. Bollinger Band

5. Commodity Channel Index

6. Chaikin Money Flow (CMF)

7. Commodity Channel Index (CCI)

8. Guppy Multiple Moving Average (GMMA)For details, please visit Daryl’s http://www.guppytraders.com/

9. Ichimoku Kinko Hyo

10. MA Envelope

11. Moving Average Convergence Divergence (MACD)

12. Money Flow Index (MFI)

13. Momentum

14. Moving Average (MA)

15. On Balance Volume (OBV)

16. Parabolic Stop And Reversal (Parabolic SAR)

17. Price And Volume Trend (PVT)

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7.1. Applying Indicators with Indicator Templates 56

18. Rate Of Change (ROC)

19. Relative Strength Index (RSI)

20. Smoothed RSI

21. Stochastics

22. Volume MA

23. Williams %R

We have prepared tutorials on the various indicators with the theory and also sampleson how to apply the indicators. Please visithttp://www.chartnexus.com/learning

7.1 Applying Indicators with Indicator Templates

To access the Indicators:

1. Click on the button if the Indicators window is not shown.

2. Click on the desired indicator’s checkbox to show/add the indicator in the chartwindow. To hide/remove the indicator(s), click again on the checkbox.

Figure 7.1: Add or remove indicator to chart.

7.2. Changing Indicator Parameter Setting 57

3. Upon first installation, ChartNexus will create 4 indicator templates by default,namely ’- Last Workspace -’, ’- Last XPertTrader -’, ’- No Indicators -’, and ’-System Default -’(as seen in Figure 7.1). In System Default, you may add/removeany indicator with the checkboxes, and the selections will be automatically saved.To switch to a chart view without indicators, simply switch the template to ’- NoIndicators’ template.

4. You may also create more indicator templates by using the Manage IndicatorTemplate button as shown in Figure 7.2. Click on this button and select NewTemplate to create more template as you need.

Figure 7.2: Managing Indicators Template.

7.2 Changing Indicator Parameter Setting

To change the parameter setting of an indicator (refer to Figure 7.3):

1. Click on the indicator that you want to change.

2. Press the Edit button (see Figure 7.3).

3. The Indicators Parameters Settings window will appear.

4. Change the value for the parameter(s) available.

5. Click the OK button or the Apply button to apply the change OR click on SaveAs button to save as another name for the indicator.

7.3. Removing A Customized Indicator 58

Figure 7.3: Changing indicator parameters setting.

7.3 Removing A Customized Indicator

For the default indicators that we have provided (see section r̃efchp:TechnicalIndicators),you will not be able to remove them. If you move your mouse over any of them, theRemove button will be disabled.

However, if you have created your own customized indicator, you will be able to editor remove it.

To remove a customized indicator, click on the indicator that you have created and clickon the Remove button.

7.4 Changing Colors Indicators

You can change almost all the aspects of the color scheme in ChartNexus. To changethe colors of the indicators, please refer to Chapter 6.16

Chapter 8

Supplemental Tools

In the preceding Chapter 6 on Working With Charts we have looked at what we cando with charting. Nonetheless, we may require various other tools to supplement orenable our analysis work. In this chapter, we will look at the myriad of tools providedincluding stock spread calculator, watchlist, portfolio manager, notes and so on.

8.1 Search Tool

You can access all the equities by accessing through the Listings window. However,to allow faster access with less click, we have provided a search tool to allow you tosearch for an equity by code or by name.

To access this, in the Menu Bar, click on Tools and then Search Tool. A dialog box willbe shown, see Figure 8.1. Use your keyboard and type in e.g. the letter H and the listof equities matching H will be shown (either by name or stock code). Stock code thatmatch will be indicated with the phrase (stock code). Continue to type in more lettersto narrow your search and then press on the Enter key to bring up the chart.

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8.2. Watch List 60

Figure 8.1: Search tool to allow quick search. You can search by name or code. Press-ing Ctrl and F keys will bring up the search tool too.

8.2 Watch List

For ease of navigation and monitoring, you can categorize the stocks into differentWatch list. Figure 8.2 shows how you can manage your watchlist (create, remove,adding stocks and removing stocks to the watch list).

Figure 8.2: Managing your watch lists.

8.2. Watch List 61

8.2.1 Creating new watch list

a) Click on the Manage Watchlist button.

b) Click on the New Watchlist.

b) Enter the name for the new watch list to be created at the pop-up window.

8.2.2 Removing watch list

To remove a watch list,

a) Select from the drop-down list the watch list you want to remove.

b) Click on the Manage Watchlist button.

c) Click on the Remove Watchlist to remove the selected watch list.

d) A confirmation window will appear. Click OK to confirm to remove or clickCancel otherwise.

8.2.3 Adding stocks to watch list

To add stock into a particular watch list,

a) Right-click on a stock found in the Listings .

b) Click on Add to Current Watchlist to add to current watch list or click on Add toWatchlist and select the watch list that you want to add to.

Figure 8.3: Adding stock into watch list.

8.3. Brokerage Fee Profile 62

8.2.4 Removing stocks from watch list

You can remove selected stocks or remove all the stocks at once from a watch list. Toremove,

a) Select the watch list containing the stock(s) that you wish to remove.

b) Right-click on the stock found in the watch list.

c) Click on Remove Stock to that stock or click on Remove All to remove all thestocks in that watch list.

Figure 8.4: Removing stock from watch list.

8.3 Brokerage Fee Profile

Brokerage Fee Profile is simple tool to let you key in the various brokerage fees andsave them into different profiles. These profiles can then be used in the Spread Calcu-lator (see 8.4) or XPertTrader (see ??).

Figure 8.5: Brokerage fee tool to manage your various brokerage fees.

8.4. Spread Calculator 63

There are few ways to access the Brokerage Fee Profile, either through:

1. The Toolbar (see Figure 8.6)

2. Edit button found in the Spread Calculator (see Figure 8.6)

Figure 8.6: Access through the Edit button found in the Spread Calculator.

3. XPertTrader’s Backtester

Figure 8.7: Access through XPertTrader’s Backtester

8.4 Spread Calculator

Spread Calculator lets you easily and quickly calculate trading profits or breakevenpoint.

It calculates the net profit of a particular buy and sell transaction based on purchaseprice, sell price, step size, number of shares, and brokerage fee.

8.4. Spread Calculator 64

In the Toolbar, click on the Spread Calculator button and you will be presentedwith the calculator (see Figure 8.8).

Figure 8.8: Spread Calculator.

8.4.1 Editing brokerage fee

Before using, you can you use the default brokerage fee or you can create your ownby clicking on the Edit button. The Brokerage Fee Profile window will pop up. Enterthe desired values and save as a new profile or click on the Delete button to delete aselected profile.

8.4.2 Selling a stock

If you have bought a stock and you want to calculate the possible selling prices for it,click on the Sell radio button under Cost of Shares. Enter the price that you bought thestock, the stock’s bid size and number of shares purchased. Then click on Calculatebutton and you will see the calculation on your right side (see Figure 8.9).

8.4.3 Buying a stock

This otherwise known as shorting. If you have sold a stock and you want to calculatethe possible buying prices, then click on the Buy radiobutton under Cost of Shares.Enter the price that you sold the stock, the stock’s bid size and number of shares sold.Then click on Calculate button and you will see the calculation on your right side (seeFigure 8.10).

8.4. Spread Calculator 65

Figure 8.9: Spread Calculator - Selling a stock

Figure 8.10: Spread Calculator - Buying a stock

8.5. Notes 66

8.5 Notes

8.5.1 Adding, editing & removing notes

Each stock has its own Notes panel (see Figure 8.11) which you can write your thoughtsor ideas about that stock.

Figure 8.11: A note pad to record your thoughts and ideas.

Notes added or edited are automatically saved and viewable every time the stock isaccessed. To remove the notes, simply clear the content, and that’s it.

8.5.2 Retrieving notes all-at-once

Since each stock has its own notes, retrieving them will be unwieldy. Fortunately, thereis a Retrieve All Notes function accessible through the Menu Bar (see Figure 8.12) tolet you retrieve all notes simultaneously.

Figure 8.12: Retrieve all your notes all-at-once.

8.6. Managing Portfolio 67

8.6 Managing Portfolio

Figure 8.13: Portfolio management tool.

ChartNexus allows you to manage your own portfolio(s) of equities with the Portfolio

management tool located in the Tool Bar and the portfolio tool will appear asshown in Figure 8.13.

8.6.1 Managing portfolios

To create a new portfolio, click on the New button.

To remove the newly created portfolio, click on the Remove button.

8.6.2 Managing holdings

Each portfolio can contain many holdings.

Click on the stock that you want to add from the Stocks List and then click Add Stockto add to the current portfolio.

8.7. Workspace 68

Another way to add a stock to the portfolio is to right-click the stock in Stocks List andchoose Add to Portfolio.

To remove a stock from the portfolio, click on the Remove button found under Holdings(see Figure 8.13).

8.6.3 Managing transactions

Each holding can have multiple transactions of buy or sell.

To start adding transaction to a particular holding (stock), click on the stock in the Hold-ings table and then click on Add button under Transactions and you will be promptedto fill in the transaction detail.

Edit and Remove buttons allow you to edit the transaction details and remove thetransaction of the stock respectively.

8.7 Workspace

Figure 8.14: Workspace to manage your saved charts.

The workspace panel shown in Figure 8.14 allows you to save all your charts andanalysis work on your computer. You can review or re-edit the charts later.

8.7. Workspace 69

These are the things that are saved in a workspace:

1. indicators added to the chart

2. indicator parameters setting

3. drawn items

8.7.1 Opening workspace file

Select the saved chart in Workspace and click on the Open Workspace button (1). Youcan also double-click on the chart itself to open the saved chart.

8.7.2 Saving as workspace file

Clicking on the Save button (2) will prompt you to save the chart you are currentlyviewing (refer to Figure 8.15). Besides the lines, annotations, shapes drawn or addedon to the chart, indicator settings and indicators used will also be saved.

Figure 8.15: Saving your chart analysis as workspace. Annotation, drawn items willbe saved.

8.7.3 Renaming a workspace file

Select a saved chart in Workspace and click the button (3) to rename the workspacefile.

8.7.4 Removing selected workspace file

To remove a saved chart, select the chart in Workspace and click on the button (4). Amessage will pop up to confirm with you before removing.

8.8. Custom Indices 70

8.7.5 Searching or filtering workspace file

To search for a saved chart, enter a name or letter of the file and click on the button (5).Only files containing the name or letter will be displayed in Workspace panel.

To clear the filter and list back all the workspace files, click on the button (6).

8.8 Custom Indices

An equity index aggregates and tracks the underlying basket of equities. In Chart-Nexus, you can easily create your own custom indices. The basket of equities found inwatchlist can be easily converted into an index and shown on the chart. Follow thesesteps:

1. Create a new watchlist. Give it a proper name as it will be used to name the index

2. Add the stocks, warrants etc. that you’re interested in into the newly createdwatchlist

3. Click on the IndexCreator button and a pop up menu will be shown

4. Click on “Edit” and the IndexCreator dialog window will appear (see Figure 8.17

5. By default, equal weightage scheme is used for calculating the index. You canadjust the parameters to your own preference and then click on “Apply” buttonto adopt the new parameters

6. Once ready, click “Plot” button to display the index as a chart

Figure 8.16: Use IndexCreator tool to create your own index. The equity used to createthe index is collated from the selected watchlist.

8.9. Reporting Error 71

Figure 8.17: IndexCreator dialog window lets you adjust the different weightage to thebasket of equities. You can customize the parameters to your own preference.

8.9 Reporting Error

Developing a software is not easy. We have tried our best to ensure minimal bugsor problems free experience for you when using ChartNexus. However, should youdiscover any bugs or problems, we hope you can report to us.

a) Referring to Figure 8.18, click on the Help menu and then click on View Logmenu to view .

b) If there’s any error message found in the Help Window, click on Send Log buttonto send us directly the log.

Alternatively, from the Menubar (see Figure 8.18), click on Report Program Bug(s) togo to our website to detail to us the detailed steps to replicate the problem.

8.10. ChartNexus News & Announcements 72

Figure 8.18: Accessing the error reporting functions.

8.10 ChartNexus News & Announcements

Figure 8.19: News and announcements from ChartNexus.

In this news bar, you can check the latest news and announcements surrounding Chart-Nexus. Announcements on events (workshops, seminars), on ChartNexus and add-onmodules etc. Click on the link to see details.

Chapter 9

Add-ons

9.1 What Are Add-ons ?

Add-ons are extra features or functions which are made available to extend the powerof ChartNexus.

These Add-ons can be subscribed through our website http://www.chartnexus.com/products/subscribe.php and they are available for subscription on 2 types ofplan :

• 6 months plan

• 12 months plan

NOTE: Historical data will be one-time fee instead of subscription-based.

9.2 Benefits of Using Add-ons

We adopted this modular, subscription-based approach as we think it will benefit bothyou (the user) and us (the user and developer).

1. Changing times require evolving capabilities. As the Market evolves, tradersand investors are increasingly employing sophisticated software to assist them intheir investments. Compared to one-off-one-time-fee charting software, havinga subscription-based software guarantees that you are always at the forefront toexplore new capabilities and enhancements.

2. New versions and features upgrades are free. Since you are on a subscriptionplan, we will keep on adding new features, introducing enhancements or releas-ing fixes related to the module for free to you for the entire duration of yoursubscrption period.

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9.3. Add-ons Available 74

3. Pay for what you need. Why pay for software with 80% of the functions thatyou will hardly ever used ? With our add-on modules, you can mix and matchthe modules and subscribe to those that you truly need.

4. Money back guarantee. We believe in giving you only the best. If within theperiod of refund (see our subscription policy http://www.chartnexus.com/legal/software.php) you’re not satisfied or happy with the Add-ons, we willrefund you.

9.3 Add-ons Available

These are the Add-ons that are available for subscription:

• XPertTrader Indicators : This module contains the commonly used technicalindicators which you can mix and match to create more sophisticated rules.

• XPertTrader Candlesticks : This module includes the commonly used Japanesecandlestick patterns. It also comes with an editor to let you create your own pat-terns easily.

• INDIA (BSE, NSE) 10 years adjusted historical data (one-time fee).

• HKSE 10 years adjusted historical data (one-time fee).

• JSX 10 years adjusted historical data (one-time fee).

• KLSE or Bursa 10 years adjusted historical data (one-time fee).

• SGX 10 years adjusted historical data (one-time fee).

• US (AMEX, NASDAQ, NYSE) 10 years adjusted historical data (one-timefee).

• ChartMaker : Let you create professional-looking charts easily with superbcustomization.

9.4 How To Subscribe ?

To subscribe to any of the Add-ons (see Section 9.3), please visithttp://www.chartnexus.com/products/addons.php.

To renew your subscription,http://www.chartnexus.com/products/subscribe.php.

For more in-depth details on the various add-ons offered, you may want to downloadthe user manual for the add-ons instead.http://www.chartnexus.com/download/getmanual_addons.php.

Chapter 10

Frequently Asked Questions(FAQs)

10.1 For Newcomer

1. I’ve already signed up and activated my account. Where should I login ?The account is for login to our data server using our desktop program. You needto download and install from (http://www.chartnexus.com/products/download.php). Upon installing, you will be prompted with a login window, see Sec-tion 5.2.

2. I have signed up but yet to receive my activation code in my mailbox. Whatshould I do now ?Most likely the mail has gone into your spam/junk mailbox especially if you areusing Gmail/Yahoo!Mail/Hotmail OR another possibility is that you may havekeyed in a wrong email during sign up. Please check in the mailbox junk/spamfolders of yours OR otherwise contact us (see Section 2.6) to activate your ac-count.

3. When I tried to log in, this message appeared (usually because used behindproxy/firewall). What should I do ?

Fail to connect to server for user authentication. OR

java.net.UnknownHostException: www.chartnexus.com

at java.net.PlainSocketImpl.connect(Unknown Source)

at java.net.Socket.connect(Unknown Source)

at java.net.Socket.connect(Unknown Source)

You are most likely using ChartNexus behind a firewall or proxy server in aprivate network (e.g. in office). Please see Network settings (see Section 5.5) formore.

4. I have just downloaded and installed ChartNexus. The chart is still notupdated or there is nothing shown. Why ?

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10.2. Login And Password 76

You will need to key in your account information that you registered with us inChartNexus to connect to our server. See Login To Data Server (see 5.2) forscreenshots on how to do it.

10.2 Login And Password

1. Why do I need to sign up for an account ?The account is provided to you free of charge where it will be used for down-loading stock data from our server.

Sign up for the free account athttp://www.chartnexus.com/users/signupform.php

and activate your accounthttp://www.chartnexus.com/users/activate_accountform.php

2. I forgot my account activation key. How can I retrieve it ?You can retrieve your account activation key using this formhttp://www.chartnexus.com/users/get_keyform.php

3. How can I change my account password ?You can change your account password using this formhttp://www.chartnexus.com/users/change_passform.php

4. I forgot my password. How can I retrieve it ?You can retrieve your account password using this formhttp://www.chartnexus.com/users/get_passform.php

5. I am no longer using ChartNexus. I want to de-register my account. Howdo I go about it ?You can de-register your account using this form(http://www.chartnexus.com/users/deregform.php

NOTE: if you have an active subscription with us, de-registering your accountwill render it useless.

10.3 Setup Or Installation

1. How do I know or check if Java JDK/JRE is already installed on my com-puter ?In Windows, click on the START button and then click RUN and type in ”cmd”or ”command” to bring up the COMMAND/DOS PROMPT. Then in the win-dow/prompt, type in ”java -version”. You should be able to see the version fromthere.

There are many sites and small utilities which have been written to test this. Werecommend you to use this page: http://javatester.org/version.html.

2. Is ChartNexus supported on other systems other than Windows ?Theorectically, ChartNexus is supposed to be able to run on Mac and Linux.However, since we don’t have a big team to provide proper support for the two

10.4. Connecting To Server 77

platforms, so we decided against of totally supporting them until we are able toprovide proper support i.e. with enough manpower. Nothing against Mac, Linuxor others, we are users of these platforms too.

3. How do I upgrade to a newer version of ChartNexus ?ChartNexus will automatically prompt you install if there’s any newer versionavailable. Click and install ... it’s that simple ! See Section 2.5 for screenshots.

4. I got the error message An error occur while trying to copy a file. The sourcefile is corrupted. when I was trying to install the setup/installation file. Whatshould I do ?You may have downloaded an incomplete version of the setup/installation file.Re-download the setup/installation file and run it again.

10.4 Connecting To Server

1. What kind of Internet connection do I need to connect to ChartNexus dataserver ?Broadband, ADSL or dial-up connection; any of these is possible. Internet con-nection is needed to download ChartNexus program and stock data. ChartNexushas been designed to handle missing data if connection breaks.

2. Do I need to be connected in order to use ChartNexus ?Not required. You can use ChartNexus in offline or online mode but you’ll needto go online if you want to update your data.

3. I’m having problem downloading data or connecting to server. What hap-pened and what can I do ?Possible reasons include:

(a) You are behind a proxy server. Ask your network administrator or Internetservice provider for the proxy address. See Section 5.5 for instructions.Add www.chartnexus.com to you allowed-list of servers

(b) Our server is probably busy. Try again later

(c) Ensure that you install/upgrade to the Java installation

(d) You have no active internet connection. Check your modem.

4. I can connect from home but I can’t seem to connect from my office. Why isthis happening ? Is there a bug with your software ?See Section 5.5 for instructions.

10.5 Data Issue (download/update/adjustment)

1. It seems to me that your data differ from other data sources that I’m using.Is your data corrupted or having problem ?Our data is adjusted for various events. So naturally, they will look differentfrom many other data sources that you use since most of the data sources DONOT provide you data adjustment for FREE. Check out the adjustment events.

10.6. Reporting Error 78

2. How long does it take to download historical data ?Downloading of historical prices should normally takes about 1-2 minutes if youupdate daily. ChartNexus will check for any updates before the download. Autodata update is turned ON by default.

3. Why is the data downloading/updating taking some time ?If you’re first time user of ChartNexus, then the system may be downloadingthe past data. Otherwise, it may be because our servers are busy or internetconnection is slow at ours or your end.

4. Can I re-distribute the stock data provided ?Sorry, you are not allowed to. The stock data we used are licensed from our dataproviders. You can only use it for your own personal usage, and aren’t allowed tore-distribute or use it for commercial purpose. Please read our software licenseagreement again, here is the online version (http://www.chartnexus.com/legal/software.php). Contact us if you have any doubts.

5. Some of charts are not updated with the latest data. What should I do ?It could due to incomplete download or corrupted data. Please see Section 5.7on how to fix this.

10.6 Reporting Error

1. How do I report possible error or bug discovered ?If you do not know the error but you suspect there might be one, then pleasefollow the procedures :

• Click on the Help menu

• Click on View Log menu item. See Figure 10.1

• Click on Send Log. See Figure 10.2

If you just want to report an error/bug, please follow this instead:

• Click on the Help menu

• Click on the Report Program Bug(s) menu item (see Figure 10.1), whichwill bring you to our website with a web form

10.6. Reporting Error 79

Figure 10.1: Reporting error to us. Make sure you have an Internet connection.

10.6. Reporting Error 80

Figure 10.2: Clicking Send Log will send us any information or error listed in the panelto us.

Appendix A

Keyboard Shortcuts

Keyboard shortcut keys are keyboard key or combinations of the keyboard keys whenyou pressed on them to allow quick and easy access to the features without the need ofmouse click. Of course, if you prefer, you can still access those features through theMenu Bar.

NOTE: CTRL denotes the control key or usually written as Ctrl on your keyboard.CTRL + W means pressing and holding the Ctrl key and then pressing on the W key.

General

Action Keyboard Shortcut Keys

Close Window ESC

Bring Up The User Login Window Ctrl + L

Bring Up The Search Tool Ctrl + F

Bring Up The Spread Calculator F6

Bring Up The Brokerage Fee Profiles F7

Switch Between Full Screen and Windowed Mode F11

Exit Program Alt + F4

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Chart Related

Action Keyboard Shortcut Keys

Remove Selected Item Found on Chart Delete or Del

Close Chart CTRL + W

Print Chart CTRL + P

Capture Chart CTRL + C

For these keys, you may need to click on the Chart Area to activate the area to be infocus before these keys can work.

Action Keyboard Shortcut Keys

Zoom In + or =

Zoom Out − or

Move Forward In Chart > or .

Move Backward In Chart < or ,

Appendix B

Glossary

We have prepared a list of some of the jargons or words that you may come acrossin the investment world, particular in Technical Analysis. This list is by no meanscomprehensive, but it should be sufficient for most common purpose.

• Above the MarketA limit order to buy or sell a security for a specified price that is higher than thecurrent market price. If the market does not reach the specified price, the orderwill go unfilled.

• Absolute Breadth IndexDeveloped by Norman Fosback, the ABI is equal to the absolute value of thedifference between the advancing issues and the declining issues. It shows howmuch activity and volatility is taking place on the New York Stock Exchangewhile totally ignoring the price direction.

• Absolute Price Oscillator (APO)Also known as MACD indicator, APO is calculated by subtracting a longer-termExponential MA from a shorter-term Exponential MA.

• AccumulationOccurs when the supply of a security is less than the demand. After a declinein price, a stock may start to base and trade sideways for an extended period.In the mean time, well-informed traders and investors may seek to establish orincrease existing long positions. In that case, the stock is said to have come underaccumulation.

• Accumulation/Distribution Line (A/D Line)A momentum indicator that relates price changes with volume. It relates theclosing price to the range of prices (intraday high-intraday low). The closer theclose is to the high, the more volume is added to the cumulative total.

• After HoursAny trade posting, adjusting, or changes made by specialists or member firmafter the official close of the market.

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• AmortizationThe paying off of debt in regular installments over a period of time.

• Analysis of VarianceA technique used to improve the analysis over regression techniques. It canbe used for identifying relationships between predictor and criterion variables,whether the predictor variables are quantitative or qualitative in nature.

• AnalystA person with expertise in evaluating financial instruments. He or she performsinvestment research and makes recommendations to institutional and retail in-vestors to buy, sell, or hold. Most analysts specialize in a single industry orbusiness sector.

• Announcement DateThe date on which a company first publicly announces an impending stock split.

• Annual ReportYearly report made by a company to its stockholders. They usually contain abalance sheet, an income statement, a list of changes in retained earnings, andhow income of the corporation was used.

• AnnualizedThe translation of periods of less than a year into an annual rate for comparativepurposes. To annualize quarterly figures, you multiply them by four.

• ArbitrageThe simultaneous buying and selling of securities to take advantage of pricediscrepancies. Arbitrage opportunities usually surface after a takeover offer.

• Area PatternA pattern of sideways price movement that follows a stalled uptrend or down-trend of a stock or commodity. Some of these patterns (triangles, flags, wedgesetc.) have good predictive value.

• Ascending Trend ChannelAn ascending line that connects the bottoms of the down waves and is parallelto a trendline The ascending channel line and the trendline form borders on anuptrend.

• Ascending TriangleA sideways price pattern between two converging trendlines in which the lowerline is rising while the upper line is flat. This is generally a bullish pattern.

• AskAlso known as the “offer”, the price that the market maker guarantees to fill abuy order. A buy order placed at the market will usually be filled at the currentasking (offer) price. The ask price is usually greater than the bid price.

• AssetsAny possessions that have value in an exchange.

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• Average Directional Index (ADX)Part of the Directional Movement Indicator system developed by J. Welles Wilder,the ADX line is based on the spread between the +DI and -DI lines from thatsame system.

• Average True Range (ATR)An indicator that measures volatility of a security. High ATR values indicatehigh volatility and may be an indication of panic selling or panic buying. LowATR readings indicate sideways movement by the stock.

• Bar ChartA chart of price versus time. The horizontal axis represents the passage of timewith the most recent time periods on the right side; while the vertical axis repre-sents the stock’s price. For each time period, a vertical line denotes the high andlow price of the security; a short horizontal protrusion to the right of the verticalline shows the closing price.

• BasingA period where the stock or market is “catching its breath” after a decline, char-acterized by a flat trading range without any noticeable trend. It is common tosee a basing period after a lengthy decline of the stock price. Basing may be asign of accumulation.

• BasisThe difference between cash prices and the futures contract prices.

• BearA person who believes prices will decline and might be described as having a“bearish” outlook. Bear markets

• Bear MarketA market when prices are declining. Occur when roughly 80% of all stocksdecline for an extended period of time.

• Bear TrapA signal which suggests that the rising trend of an index or stock has reversedbut which proved to be false. Thus trap the bears that acted on the signal withlosses. A bear trap is a form of whipsaw and relates to the spring.

• BearishThe belief that market prices will decline.

• Below the MarketA limit order to buy or sell a security for a specific price that is lower than thecurrent market price. If the market does not reach these prices, the order will gounfilled.

• BidThe price at which the market maker guarantees to fill a sell order. A sell orderplaced at the market will usually be filled at the current bid price. The bid priceis usually less than the ask price.

• BlockA purchase or sale of a large number of shares. This term is relative.

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• Blowoff

See Reversal Spike-High

• Blue ChipA well known, public company that is thought to be in good financial shape andhave sound fundamentals (profitability, earnings). An investment in a blue chipis regarded as a safe investment. Examples include DBS, UOB and OCBC.

• Bollinger BandsAn indicator that allows users to compare volatility and relative price levels overa period of time. It consists of three bands designed to encompass the majorityof a security’s price action. Prices will often meet resistance at the upper bandand support at the lower band.

• Market BreadthA comparison of the number of issues traded with the number of issues listedfor trading. A rally is considered a suspect if the number of advancing issues isdiminishing as the rally develops. Conversely, a decline which is associated withfewer and fewer stocks falling is considered to be a bullish sign.

• Breakaway GapA price gap that forms on the completion of an important price pattern. A break-away gap usually signals the beginning of an important price move.

• BreakoutA substantial rise in price above a resistance level or a substantial decline inprice below the support level. When a breakout occurs, a price pattern is likelyto continue.

• BullA person who believes prices will advance and might be described as having a“bullish” outlook. Bull markets occur when roughly 80% of all stocks advanceover an extended period of time. 1982-87 and 1995-99 have been referred to asbull markets.

• Bull MarketA market when prices are rising. Occur when roughly 80% of all stocks advanceover an extended period of time.

• Bull TrapA signal which suggests that the falling trend of an index or stock has reversedbut which proved to be false. Thus trap the bulls that acted on the signal withlosses. A bull trap is a form of whipsaw and relates to the spring.

• Bump and Run ReversalA reversal chart pattern that forms after excessive speculation drives prices up toofar, too fast. It is designed to identify speculative advances that are unsustainablefor a long period.

• Buy SignalA condition that indicates a good time to buy a stock. The exact circumstancesof the signal will be determined by the indicator that an analyst is using. For ex-ample, it’s considered a buy signal when the price declines while OBV increases.

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• Buy StopA buy order usually placed above the current price, ensuring that a security wouldhave to trade at the set level before the buy order would be activated. By placinga buy stop order just above resistance, a trader can ensure that the security willbreak resistance before going long. On the other hand, traders looking to catch abottom or intraday low might place a buy stop below the current price, but nearsupport.

• BuybackA company’s repurchase of it’s own shares of stock.

• Buying ClimaxA sudden upward movement of a security’s price accompanied by extremely highvolume created by investors rushing in to buy the security. This often indicatesthat a security has been overbought and the price will fall. As it often happens atthe end of an up price movement, it typically represents a good time to sell.

• Buying on MarginA risky short-term strategy where a buyer borrows money from a broker to makean investment. The buyer believes the stock price will rise and is trying to maxi-mize profits by investing more money in the stock.

• Call OptionThe right to buy a stock or commodity future at a given price before a given date.The owner of the call option is speculating that the price of the stock will go upand is therefore bullish.

• Candlestick ChartA form of Japanese charting that has become popular in the West. A narrow line(shadow) shows the day’s price range. A wider body marks the area between theopen and the close. If the close is above the open, the body is white (not filled);if the close is below the open, the body is black (filled).

• Capital GainProfit derived from the selling price exceeding its initial purchase price. A real-ized capital gain is an investment that has been sold at a profit. An unrealizedcapital gain is an investment that has not been sold yet but would result in a profitif sold. Capital gain is often used to mean realized capital gain.

• Chaikin Money Flow (CMF)An oscillator that helps signal if a stock is undergoing accumulation or distribu-tion. It is calculated from the daily readings of the Accumulation/Distributionline (A/D line). CMF is not influenced by the daily price change, but focuses onthe location of the close relative to the range for the period (daily or weekly).

• ChannelThe area between two parallel lines containing the price structure. They canbe two parallel upward trendlines (upward channel); or two parallel downwardtrendlines (downward channel).

• Commodity Channel Index (CCI)Developed by Donald Lambert, the CCI is an indicator designed to identify cycli-cal turns in commodities. It may also be applied to stocks or bonds.

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• ConfirmationA subsequent signal that validates a position stance. Traders and investors some-times compare the prices with two or more technical indicators to ensure theyare pointing in the same direction and confirming one another. For example,confirmation of a bullish trend is when the increasing prices are accompanied bya rising OBV.

• Congestion AreaA sideways trading range where supply and demand balance out.

• Consolidation AreaA trading range in which prices move until continuing in the same direction asthe trend prior to the consolidation area.

• Continuation PatternOccurs in the Consolidation Area. It is a type of chart pattern that occurs inthe middle of an existing trend. The previous trend resumes when the pattern iscomplete. Examples include the Pennant continuation patterns.

• Contra-Trend SignalsBullish patterns in bear markets and vice versa.

• CorrectionAfter an advance, price declines, but they do not penetrate the low from which theadvance began. Also referred to as a retracement, a correction usually retraces1/3 to 2/3 of the previous advance.

• CrossoverA point on a graph where two lines intersect. Depending on which lines theyare, a crossover may indicate a buy or sell signal. For example, the price linecrossing above a moving average line may generate a buy signal. Oscillatorssuch as MACD and CMF experience centerline crossovers.

• Customer Free BalancesThe total amount of unused money on deposit in brokerage accounts. These arefree funds representing cash which may be employed in the purchase of securi-ties.

• CycleA price pattern of movement that regularly occurs in a given time interval.

• Cyclical InvestingThe process of buying and selling stocks based on a longer-term or primary mar-ket move. The cycle approximates the 4-year business cycle, to which suchprimary movements in stock prices are normally related.

• Cyclical StocksShares of companies that are highly sensitive to economic performance. Cyclicalstocks tend to perform well when the economy is growing and suffer when theeconomy contracts.

• Day TradingA trading style where all positions are cleared before the end of the trading day.Contrast this with position trading, where stocks or securities may be held forlonger periods.

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• DecliningA market stage of a stock that is characterized by a downtrend with subsequentlylower highs and lower lows.

• Descending TriangleA sideways price pattern between two converging trendlines in which the uppertrendline is descending while the lower line is flat. This is generally a bearishpattern.

• Directional Movement Indicator (DMI)An indicator that plots a positive +DI line measuring buying pressure and a neg-ative -DI line measuring selling pressure. The DMI pattern is bullish as long asthe +DI line is above the -DI line. The Average Directional Index line (ADX)is derived from this system and is based on the spread between the +DI and -DIlines.

• DistributionOccurs when the demand of a security is less than the supply. After an advancein price, a stock may start forming a top and trade sideways for an extendedperiod. In the mean time, well-informed traders and investors may seek to unloadpositions. In that case, the stock is said to have come under distribution. A quietdistribution period is usually subtle and not enough to put downward pressure onthe price. However, an aggressive distribution will likely put downward pressureon prices.

• DivergenceIt is the opposite of confirmation. It occurs when two or more indicators movein opposite directions. Traders and investors often look for divergences by com-paring a stock’s direction to the direction of its indicators. There are two kindsof divergences: positive and negative. A positive divergence occurs when the in-dicator moves higher while the stock is declining. A negative divergence occurswhen the indicator moves lower while the stock is rising. For example, a bearishdivergence is when increasing prices are accompanied by falling OBV. Anotherexample of bearish divergence is when price makes a high, pullback then makesa higher high; but RSI makes a high, pullback then makes a lower high.

• Double TopA reversal chart pattern displaying two prominent peaks. The reversal is com-plete when the support trough is broken. The double bottom is a mirror image ofthe top.

• DowntrendA straight line drawn down and to the right above successive rally peaks. Thelonger the down trendline has been in effect and the more times it has been tested,the more significant it becomes. A violation of the down trendline usually signalsa reversal of the downtrend.

• EnvelopesAlso known as trading band. Envelopes are lines that are placed at fixed percent-ages above and below a moving average line. Envelopes help determine when amarket has traveled too far from its moving average and is overextended.

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• EquityIn financial market terminology, it refers to stock or any other security represent-ing an ownership interest. The process by which a company issues stock to raisemoney is termed equity financing.

• ExchangeAn exchange is a physical location where securities are bought and sold. Itconsists of a primary and a secondary market. The primary market is the financialmarket where securities are issued and placed whereby the secondary markettrades the issued securities.

• Ex-Dividend DateThe first day of the ex-dividend period. If an investor does not own the stockbefore the ex-dividend date, they will be ineligible for the dividend payout. Theexchanges automatically reduced the price of the stock by the amount of thedividend for all pending transactions that have not been completed by the ex-dividend date.

• ExhaustionWhen buying power is no longer enough to move prices up or when selling poweris no longer enough to move prices lower.

• Exhaustion GapA price gap that occurs at the end of an important trend. It signals that the trendis concluding.

• Exponential Moving Average (EMA)A moving average that gives greater weight to more recent data in an attempt tosmoothen the moving average.

• Extended (in price)A term describing a stock that has risen past its pivot point. Such a stock isconsidered a risky investment because it has already begun its advance and ismore likely to reverse.

• False BreakoutA breakout of a chart pattern that aborts. To ensure that a breakout is genuine,look for confirmation by several indicators.

• Fibonacci NumbersA number sequence (i.e. 1,2,3,5,8,...) that is constructed by adding the first twonumbers to arrive at the third. The ratio of any number to the next number is61.8 percent, which is a popular Fibonacci retracement number. It is the ratio ofthe Fibonacci sequence that is important and valuable, not the actual numbers inthe sequence.

• FlagA continuation chart pattern that generally lasts less than three weeks and resem-bles a parallelogram that slopes against the prevailing trend. The flag representsa minor pause in a dynamic price trend.

• Fundamental AnalysisA market analysis that relies on economic supply and demand information based

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on the underlying value of a company in terms of its cash, current assets andearnings; as opposed to focusing to an analysis based on charts and market indi-cators (technical analysis).

• GapRepresents a price range on a chart at which no trading takes place. Also occurswhen the high of the day is below the low of the previous day or when the lowof the day is above the high of the previous day. Gaps are especially significantwhen accompanied by an increase in volume.

• Head and Shoulders BottomA well-known reversal pattern marked by three (or more) prominent troughs witha middle trough (the head) that is lower than the other troughs (the shoulders).When the trendline (neckline) connecting the peaks at the top of the pattern isbroken, the pattern is complete.

• Head and Shoulders TopA well-known reversal pattern marked by three (or more) prominent peaks with amiddle peak (the head) that is higher than the other peaks (the shoulders). Whenthe trendline (neckline) connecting the troughs at the bottom of the pattern isbroken, the pattern is complete.

• IndicatorA value, usually derived from a stock’s price or volume, that an investor canuse to try to anticipate future price movements. Indicators are divided into twogroups: trend following or lagging and momentum or leading. Lagging indica-tors tell you what prices are doing now, or in the recent past, so they are usefulwhen stocks are trending. A moving average is an example of a lagging indica-tor. Leading indicators are designed to anticipate future price action and manycome in the form of oscillators, e.g. RSI and MACD.

• IndustryA grouping of companies in the same line of business. Industry groupings aremore specific to the business than sector groupings.

• Initial Public Offering (IPO)The first offering of common stock to the public.

• InsiderAny person who directly or indirectly owns more than 10

• InvestorAn investor is someone who tends to take a long-term view when buying a secu-rity, holding the security for at least several months.

• Key Reversal DayA one day chart pattern where prices sharply reverse during an uptrend or down-trend. In an uptrend, prices open in new highs and then close below the previousday’s closing price. In a downtrend, prices open lower and then close higher.The wider the price range on the key reversal day and the heavier the volume,the greater the odds that a reversal is taking place.

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• Limit OrderAn order to buy or sell a security at a specific price. As opposed to a marketorder, limit orders might not be filled immediately if the market moves awayfrom the specified price.

• Line ChartPrice charts that connect the closing prices of a given market over a span of timethat form a curving line on the chart.

• LiquidityThe ease with which a stock may be bought or sold in volume on the marketplacewithout causing dramatic price fluctuations. A highly liquid stock is character-ized by a large volume of trading and a large pool of interested buyers and sellers.

• Moving Average Convergence/Divergence (MACD)An indicator developed by Gerald Appel. By comparing moving averages, MACDdisplays trend following characteristics, and by plotting the difference of themoving averages as an oscillator, MACD displays momentum characteristics.

• MACD HistogramA visual representation of the difference between the MACD line and signal line.The plot of this difference is presented as a histogram, making the centerlinecrossovers and divergences easily identifiable.

• Market CapitalizationAlso known as market cap, it is the total market value of a company (number ofshares outstanding multiplied by the price of the stock).

• Market OrderAn order to buy or sell a security at the prevailing market price. A sell order willmost likely be filled at the bid price and a buy order will be filled at the ask price.

• MomentumA leading indicator measuring a security’s price or volume’s rate of expansion.It forms an oscillator that moves above and below 100. Bullish and bearishinterpretations are found by looking for divergences, centerline crossovers andextreme readings.

• Money Flow Index (MFI)A volume-weighted momentum indicator that measures the strength of moneyflowing in and out of a security. It compares “positive money flow” to “negativemoney flow” to create an indicator that can be compared to price in order toidentify the strength or weakness of a trend.

• Moving Average (MA)An average of data for a certain number of time periods. It moves because foreach calculation, we use the latest x number of time periods’ data. By definition,a moving average lags the market. An exponentially smoothed moving average(EMA) gives greater weight to the more recent data, in an attempt to reduce thelag.

• New Highs and New LowsNew highs refers to the number of stocks recording their highest price level in52-weeks.

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New lows are the number of stocks recording their lowest price level in 52-weeks. As an indicator, new highs and new lows are usually shown as movingaverages to smooth the results and are often plotted together for easy comparison.

• Odd LotsStock purchased in units less than 100 shares

• OfferSee Ask

• On Balance Volume (OBV)Introduced by Joe Granville, OBV measures positive and negative volume flow.The concept behind the indicator is that volume precedes price. OBV is a sim-ple indicator that adds a period’s volume when the close is up and subtracts theperiod’s volume when the close is down. A cumulative total of the volume addi-tions and subtractions forms the OBV line. OBV line can then be compared withthe price chart of the underlying security to look for divergence or confirmation.

• OscillatorAn indicator that determines when a market is in an overbought or oversold con-dition. When the oscillator moves above the 80 level, the market is overbought.When the oscillator line moves down to the 20 level, the market is oversold. Os-cillator can also be compared with a security’s price to look for divergence orconfirmation.

• Over The Counter (OTC)A securities that are traded through a telephone and computer network.

• OverboughtA technical term which means that prices are considered too high and susceptibleto a decline. Overbought conditions can be classified by analyzing the chartpattern or with indicators such as Stochastic Oscillator and RSI. It is importantto keep in mind that overbought is not necessarily the same as being bearish.It merely infers that the stock has risen too far too fast and might be due for apullback.

• OversoldA technical term which means that prices are considered too low and may rally inan upward direction. Oversold conditions can be classified by analyzing the chartpattern or with indicators such as Stochastic Oscillator and RSI. It is important tokeep in mind that oversold is not necessarily the same as being bullish. It merelyinfers that the security has fallen too far too fast and may be due for a reactionrally.

• Parabolic SARAn indicator that sets trailing price stops for long or short positions. Also referredto as the “stop-and-reversal indicator”. If the trend is up, buy when the indicatormoves below the price. If the trend is down, sell when the indicator moves abovethe price.

• PennantA continuation chart pattern that is similar to flag, except that it is more horizon-tal and resembles a small symmetrical triangle.

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• Pivot PointThe point at which resistance disintegrates and the stock price begins to rise pastthe prior resistance level. This point can be considered the optimal time to buyas the bulls are gaining strength.

• Position TradingA style of trading characterized by holding open positions for an extended periodof time. Contrast this with day trading, where a trader buys, then sells out of aposition before the market closes that day.

• Price ChannelsSee Channel

• Price ObjectiveTechnical appraisal of a security’s future value.

• Price PatternsPatterns that appear on price charts possessing predictive values. They are eitherreversal and continuation patterns.

• Primary TrendThe predominant movement of a security. When it is up, it is known as a bullmarket; when it is down, it is known as a bear market.

• ProxyA security or index whose correlation with another security or index is so strongthat it is used as a substitute for the other.

• PullbackWhen a security or the overall market falls back from a previous advance.

• RangeThe distance between the high price and the low price for a given time period. Adaily range is equal to intraday high minus intraday low.

• Rate of Change (ROC)A momentum oscillator that measures the percent change in price from one pe-riod to the next. The oscillator can be used as any other momentum oscillatorby looking for higher lows, lower highs, positive and negative divergences, andcrosses above and below zero for signals.

• RallyA brisk advance following a decline in prices.

• ReactionA temporary decline following an advance in prices.

• RectangleA continuation chart pattern where prices move sideways between two differ-ent levels for a period of time and then continue moving in the direction of theprevious trend.

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• Relative Strength Index (RSI)A popular oscillator developed by Wilder. RSI is plotted on a vertical scalefrom 0 to 100. Values above 70 are considered overbought and values below 30,oversold. When prices are over 70 or below 30 and diverge from price action, awarning is given of a possible trend reversal.

• ResistanceA price level at which there is a large enough supply of a stock available to causea halt in an upward trend and turn the trend down. Resistance levels indicate theprice at which most investors feel that prices will move lower.

• RetracementA decline that retraces a portion of a previous advance, or an advance that re-traces a portion of a previous decline. Retracements typically cover 1/3 to 2/3 ofthe previous move, and a retracement of more than 2/3 typically signals a trendreversal.

• Reversal PatternA chart pattern that occurs before an existing trend reverses direction, e.g. a Headand Shoulder’s reversal pattern. A break below neckline support indicates thatthe Head and Shoulder’s pattern is complete and the prior uptrend has reversed.

• Reversal SpikeMarket turns that happen very quickly with little or no transition period.

• SectorA group of companies that generate revenue in similar ways, and tend to rise andfall with the economic cycle. Sectors are commonly broken down into smallergroups called industries. Examples of sectors are financials sector and technol-ogy sector.

• SecurityA security is a tradeable financial instrument with a financial value such asstocks, bonds, options and derivatives.

• Sell SignalA condition that indicates a good time to sell a stock.

• Selling ClimaxA sharp price decline accompanied by extremely high volume created by panicstricken investors dumping securities. This often happens at the end of a bearmarket and typically represents a good time to buy.

• Short CoveringThe process of buying back stock that has already been sold short.

• Short Position (Interest)The total amount of short sales outstanding on a specific exchange at a particulartime.

• Short SellingSelling stock not owned in anticipation of buying it back later at a lower pricefor a profit. It involves borrowing stock (usually from the broker) to sell shortand using margin to finance the borrowing.

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• Signal LineAlso known as a “trigger line”, it is a moving average of another indicator that isused to generate simple buy and sell signals. The popular signal line is the onethat is built into the MACD display. A buy signal is generated when the MACDline crosses above the signal line and a sell signal is generated when the MACDline crosses below the signal line.

• SpreadThe difference between the bid and the ask. Generally speaking, more liquid(heavy volume) stocks usually have smaller bid/ask spreads. Less liquid stocks(light volume) usually have larger spreads.

• SpringA situation that occurs when prices break below the support line, but soon reversecourse and move back above support. Prices are said to “spring” back from theirsupport break and indicate that the bulls are still alive. A spring can also bereferred to as a failed (bearish) signal and is considered bullish. Generally, thereversal should occur within 1-3 days of the support break for the failed signalto be considered valid. This is the opposite of an upthrust.

• Stochastic OscillatorA momentum indicator developed by George Lane that measures the price of asecurity relative to the high/low range over a set period of time. The StochasticOscillator can be used like any other oscillator by looking for overbought/oversoldreadings, positive/negative divergences and centerline crossovers.

• Stop Loss OrderAn instruction to the broker to buy or sell stock when it trades beyond a specifiedprice. They serve to either protect the profits or limit the losses.

• Stop-And-Reversal IndicatorSee Parabolic SAR.

• SupportA price level at which there is sufficient demand for a stock to cause a halt in andownward trend and turn the trend up. Support levels indicate the price at whichmost investors feel that prices will move higher.

• Symmetrical TriangleA sideways chart pattern between two converging trendlines in which the uppertrendline is declining and the lower trendline is rising. The breakout througheither trendline signals the direction of the price trend.

• Technical AnalysisThe study of market action, usually with price charts, which includes volumeand open interest patterns. Compare this to Fundamental Analysis.

• ToppingA period where the stock or market is “catching its breath” after an advance,characterized by a flat trading range without any noticeable trend. It is commonto see a topping period after a lengthy increase of the stock price. Topping maybe a sign of distribution.

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• TraderA trader is someone who tends to take a short to medium-term view when buyinga security. A trader usually relies on market volatility and swings to make profits.

• Trailing StopA stop-loss level set above or below the current price that adjusts as the pricefluctuates. For a long position, a trailing stop would be set below the currentprice and would rise as the price advances. Should the price decline and reachthe trailing stop, then a stop-loss would be triggered and the position closed. Aslong as the price remains above the trailing stop, the position is held. Indicatorssuch as the Parabolic SAR can be used to set trailing stops.

• TrendRefers to the direction of prices. It can be an uptrend or a downtrend.

• TrendlinesStraight lines drawn on a chart below reaction lows (in an uptrend) or above rallypeaks (in a downtrend) that determine the steepness of the current trend.

• TrianglesSideways price patterns in which prices fluctuate with converging trendlines. Thethree types of triangles are symmetrical, ascending and descending triangles.

• Triple TopA price pattern with three prominent peaks at about the same level. The triplebottom is the mirror image of the top.

• Typical PriceThe average of intraday high, low and close.

• UptrendA straight line drawn upward and to the right below the reaction lows. Thelonger the uptrend has been in effect and the more times it has been tested, themore significant it becomes. Violation of the trendline usually signals that theuptrend may be changing direction.

• UpthrustA situation that occurs when prices break above resistance, but soon reversecourse and break back below resistance. Also referred to as a failed (bullish)signal and is considered bearish. Generally, the reversal should occur within 1-3days of the resistance breakout for the failed signal to be considered valid. Thisis the opposite of a spring.

• VolatilityA measurement of change in price over a given period. It is usually expressed as apercentage and computed as the annualized standard deviation of the percentagechange in daily price. The more volatile a stock or market, the more money aninvestor can gain or lose in a short period of time.

• VolumeThe number of trades in a security over a period of time.

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• WedgeA reversal chart pattern characterized by two converging trendlines that connectat an apex. The wedge is slanted either downwards or upwards demonstratingbullish or bearish behavior respectively.

• Weekly ReversalAn upside weekly reversal is present when prices open lower on Monday andthen on Friday close above the previous week’s close. A downside weekly rever-sal opens the week higher but closes down by Friday.

• Weighted Moving AverageA moving average that uses a selected time span, but gives greater weight to themore recent price data.

• WhipsawOccurs when a buy or sell signal is reversed in a short time. Volatile markets andsensitive indicators can cause whipsaws.

• Williams %RDeveloped by Larry Williams, Williams %R is a momentum indicator similar toStochastics Oscillator and is especially popular for measuring overbought andoversold levels.

Appendix C

Graphical User Interface (GUI)Glossary

To familiarize yourself with ChartNexus and derive the maximum benefit, this is a listof the GUI jargons that you will come across throughout this document.

• Close window or popup windowFound at the top right corner of any pop up window

NOTE: You can use shortcut key ESC found on your keyboard to close thewindow as well. See Appendix A.

• Drop-down list or pull-down list

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• Tooltip

• Menubar and menu

• Toolbar

• Pushpin

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• Menu itemThe items found in the menubar

• Scrollbar

• Button

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• Radio button

• CheckboxTo select/switch on the option, click on the checkbox once. To de-select/switchoff the option, click again on the checkbox.

• Textbox or input box

• Toggle buttonTo select/switch on the option, click on the toggle button once. To de-select/switchoff the option, click again on the toggle button.

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• TableYou can change the order of the columns by left-clicking your mouse and drag-ging it to the desired order as shown below.

• Tree