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One of the latest additions is StockChartsACP, an advanced platform that allows dynamic charting, indicator customization, server alerts and both free and paid plug-ins. Why Use a Forex Chart? Forex charts are visual representations of historical price movements. Using a forex chart relies on analyzing the patterns to find periods where history is likely to repeat itself. This goes back to 18th century Japan when savvy traders used patterns to predict prices of rice. Pattern recognition relies on the fact that price presents the current consensus among market participants buyers and sellers.
This consensus oscillates between fear and greed with the periodical influence of news. These are the main styles of forex charts: Line Chart The simplest, most basic form of the chart. It connects the closing prices of the selected time period and provides little other info. While limited, a line chart is handy when it comes to assessing the trend — as it makes spotting the cues like higher highs and higher lows. Bar Chart A chart that shows both high and lows. It has 3 visual cues embedded in a single line.
One vertical line shows the size of the move within a period, a small point on the left shows the opening level and a small point on the right indicates the closing level. Candlestick Chart An improved version of the bar chart, it has 2 main elements — body and shadows. The body of the candlestick shows the range between the opening and closing prices. The size of the body shows the size of the move within a certain period. Meanwhile, a candlestick can have an upper shadow, a lower shadow, both or neither.
Shadows give cues on price retracements and future price movements. Heiken-Ashi Chart The Heiken-Ashi chart is an improved candlestick that uses averages to track trends. Because the candlesticks on a Heiken-Ashi chart are more uniform, you can easily track the performance of any asset instead of reading between the lines to find upward and downward trends. Renko Chart Renko charts post bricks when the price of a currency pair moves a certain amount.
You can follow the bricks, knowing how much the price is shifting from one brick to another. This is an easy way to track trends and also internalize how much the pairing is changing without doing any extra math. Software FX provides developers an in-the-box solution with a wide variety of controls, including charts, maps, gauges and statistical functionality that can be easily integrated to a wide variety of Java technologies.
We've also streamlined the API to made it more developer-centric and intuitive. Chart FX 6. It features the enterprise-quality charting engine trusted by developers for over 15 years. Chart FX for Java includes powerful features like: Elegant User Interface UI Chart FX for Java provides powerful run-time data analysis tools for your end users; these include drill downs, tooltips, drag and drop axis configuration and highlighting, among others. Among all these tools, highlighting is a feature that allows end users to position the mouse in any chart element allowing Chart FX for Java to instantly dim out other elements in the chart.
This feature allows end users to quickly detect trends and other important elements in the chart. For example, when a user positions the mouse on top of a 3D area chart, Chart FX for Java will not only display a tooltip but will also dim other series in the chart so end users can focus attention on that specific series and its attributes.
Similarly, when the user positions the mouse over a chart axis, Chart FX for Java will activate a dynamic filter that highlights the value and the chart points that plot above that specific value, as the user continues to move the mouse along the axis, Chart FX for Java will reapply that filter highlighting the appropriate data. Once the chart is added, you can easily manipulate the look and feel of your Charts and Maps through an intuitive yet powerful UI. Adding the Maps Extension to your project will enable you to combine cutting edge graphical map representations with the dynamic functionality of Chart FX for Java.
The innovative mapping functionality of Chart FX for Java Maps addresses the issue of combining vector objects with scripting facilities and may be integrated into web applications using data supplied by the developer. By providing a full-library of world continents, countries, U.
Chart FX for Java Statistical integrates to your preferred Java development environment providing additional chart types, a myriad of pre-defined statistical studies, new classes for statistical calculations and much more. Chart FX Statistical provides end users with a customizable statistical legend.
This legend is used to display analysis studies and calculations that are performed on sample data. It also serves an interface for end users to display interactive analysis studies added to the chart. Chart FX for Java Gauges Chart FX Gauges delivers a set of Java components that allow developers to quickly and effectively integrate gauges into their client and web-based applications. Java developers can now easily create digital dashboards with the productivity, consistency and reliability they've come to appreciate from other Software FX products.
The new jChartFX Plus gives you extra powers to develop full commercial dashboards and business intelligence applications. Over , developers confirm it! Yes, you can integrate and deploy jChartFX on your personal and internal web sites. However, if you are deploying a commercial web site, a SaaS site or a mobile application, jChartFX Plus provides an affordable licensing scenario to help you achieve your project goals.
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