Navigation:  Windows & Commands > Dealing Rates window > Tick charts explained

The Dealing Rate window and Individual Dealing Rate windows include an optional miniature tick chart. This is intended as a basic at-a-glance indicator of recent price movement.

 

To conserve system resources, historical data is not preloaded into the charts. When the application is opened, the charts start out empty and immediately begin to accumulate data as new ticks come in. All ticks up to a maximum of 200 will fit in the body of the chart. This means that more and more ticks are squeezed into the chart until the tick count reaches 200.

Once a chart has reached 200 ticks, it will begin to “scroll” with each incoming tick.

 

Example 1: Brand new chart – only 6 ticks. Each new tick compresses the chart.

 

Example 2: 35 ticks. Each new tick compresses the chart.

 

Example 3: 200 ticks. Chart scrolls horizontally.

 

 

Mouse-Over Information

Upon mouse-over on the tick monitor, the following information is displayed:

 

Volatility Indicator

As the market fluctuates, different instruments will experience different volatility. A chart whose height in pips is greater is more volatile than a chart whose height in pips is smaller. Since the vertical scale is unmarked in these mini-charts, the user must check the mouse-over hints to see the exact height (in pips) of a given chart.

However, there is an additional indicator of chart volatility. As a chart becomes more volatile (i.e. chart height in pips increases), the background of the chart gradually turns a darker red. This allows the user to see at a glance which instruments have been more or less volatile in the last 200 ticks.

 

Example 4: Less volatile

 

Example 5: More volatile

 

Hiding the tick chart

To hide the tick charts from the Dealing Rate window (and the Individual Dealing Rate windows), right-click inside the window, and select Preferences > Settings from the menu. On the Settings page, check the "Hide tick chart" box. Click OK.