One of the key features in the Chart window is the way many features are clickable…studies, lines, even the candles and bars are selectable. From there, you can drag and drop studies to overlay or re-order them, or with just a quick double-click, you can edit the selected object. There are also toolbars that slide down into view, and then tuck back up into the title bar when you’re finished with them, to save you even more space. To open a new Chart:
- In eSignal's main toolbar, click "New".
- In the drop-down menu that appears, click "Chart".
- You should now see a new Chart window appear on your Page.
With eSignal Charts, the main settings you need to be aware of are:
Setting the Symbol
To change the symbol being displayed in the chart, in the top left-hand corner of the Chart window you will see what appears to be two drop-down menus. The first one allows you to change the symbol being displayed in the chart. You can click in a blank spot within this menu to edit the symbol listed there, or to replace it with a new symbol.
- You can also click the drop-down arrow in this menu to display all your favorited or recently used symbols.
- In addition to the drop-down menu, you can right-click on the chart and in the menu that appears, click "Insert Symbol" to bring up the Symbol/Interval prompt.
Linking the Symbol
eSignal allows the user to link windows together so that when a symbol is selected in one Window, the rest of the linked windows automatically bring up information for that window. To link the Chart window with another one of your windows, using the left oval of the two ovals to the left of the window's name, simply ensure that both windows are set to the same color for the Symbol Link.
Setting the Interval
To change the interval for the chart, use the second drop-down menu in the top left-hand corner of the Chart window to set the interval. You can either specify a custom interval, or you can use the clock icon to the right of the drop-down menu to use one of the presets available to you.
Linking the Interval
Just as with symbol linking, you can also link together windows that support interval linking (not all windows support interval linking, so if you see a window with only one oval in the top left-hand corner, then that means it only supports symbol linking). To do so, in the top left-hand corner of the Chart window, next to the name of the window, click the right oval to set the interval link. Then just ensure whatever window you are linking it to also has the same color.
Changing the Time Template
With eSignal you now have the ability to change the Time Template being applied to the chart, to affect what data is being shown. To change the Time Template, right-click on the chart and in the context menu that pops up, hover over the Time Template option to see all the available Time Templates that come with eSignal by default.
- Note that you can also create your own custom Time Template if you wish, but that most users only need the "Auto" and "24hr" options. The "Auto" option only shows you data for the active market hours on the chart, whereas the "24hr" option shows you all the data including the pre- and post-market hours.
Editing Your Chart
Should you need to edit the chart to change settings for bar colorations, what type of chart is being displayed, or if you need to edit colorations for the chart, and add or remove studies, you can do so by right-clicking on the chart in a blank space and selecting "Edit Chart..." From there it should bring up an Edit Chart window that has the settings for the current symbol pulled up by default. From here, if you have a symbol selected, you can edit its interval, change the bar colors, or change the bar type, among other available settings. If you click on a study in the list to the left of the Edit Chart window, then you can edit the settings for that study, and likewise for drawing tools.
Additionally, eSignal also allows you to add Studies and Drawings to your charts, as well as place Trades through it:
To add Studies and Indicators to your charts, simply right-click in a blank space within your chart, and select "Insert Study..." from the pop-up menu that appears. The Insert Study/Column/Field window will appear allowing you to search for studies and apply them to your chart. Once you search for and find the study you are looking for, click on it to select it, and then click "Apply" to apply the study. After you are finished adding the studies you want, simply close the Insert Study/Column/Field window by clicking "Close."
- You can also click "Apply" multiple times to apply multiple copies of the study if you need to do things like setting up multiple Moving Averages.
- You can also add studies from the Edit Chart menu by clicking the "+" icon in the list on the left-hand side of the window. This will open the Insert Study/Column/Field window.
To add Drawings to charts, you can right-click on the chart in a blank space and select "Insert Drawing Tool", before then selecting the Drawing Tool you want to use, and applying it to the chart. Once added to the chart you can freely reposition it at any time by clicking on the anchor points for the drawing (clicking on the drawing once will reveal the anchor points -- little squares positioned on the drawing -- to then click and drag them around.
- You can also add drawings using the Chart's toolbar by clicking on the Pencil Icon to draw a new drawing.
Chart Trading Console
eSignal allows users to place trades to their connected brokerage account from directly within the Chart Window. The trading console can be found by clicking on the icon that looks like two arrows, one pointing up, and one pointing down, in the toolbar at the top of the chart. This will open a panel providing you with buy/sell options to place trades directly within the charts. Please note, however, that these buttons will remain greyed out unless you activate eSignal Paper Trading, or if you connect a brokerage account to eSignal.
- For more details about integrated trading, please see our article on using the eSignal Futures Trader plugin to connect your brokerage account, and place trades for Equities, Futures, Forex, and Options located here.