How to add future bars to plan for market scenarios

Difficulty

Section

Artificial Intelligence

How to add future bars to plan for market scenarios

Updated on 2011-12-03 03:05:07

Share |

Adding future bars allows you to add extra bars to the right of the chart and get more space for drawing and planning future market scenarios.

There are two ways to add future bars:

1)
- At the bottom of a chart, click on the icon, next to zoom in/out, then select "Set Future Bars"
- Type the number of trading bars then click on "OK".

2)
- Right click on a chart; select "Tools" then click on "Set Future Bars"
- Type the number of bars then click on "OK".

To remove these extra bars on a chart:
- Perform one the above steps then set the number of bars to zero.

To add extra bars to the default chart (layout):
- Select "View" then "New Chart"
- Perform one the above steps and add some future bars
- Right click on the chart, select "Layout" then "Set current layout as default"

Trading Market Example:

Estimate the future date of a crossover between the support and resistance lines.
Notice that the last trading bar occurred on November 30, 2011 and that the crossover will occur after 16 days on December 16, 2011.

How to add future bars to plan for market scenarios

How to add future bars to plan for market scenarios

Try QuantShare trading software for FREE

no reviews (Log in)

Other how-to articles

How to filter stocks in a market composite

How to add custom position-based metrics to your trading system

How to add a metric in the trading system simulation report

How to download EOD quotes for active and valid stocks only

How to add a trading indicator to a chart

How to display the number of stocks per day for different RSI groups

How to download earnings calendar data for various stocks

How to quickly add a ticker symbol

How to quickly download the most recent EOD data for your stocks


Product QuantShare Features Create an account Affiliate Program	Support Contact Us Trading Forum How-to Lessons Manual	Company About Us Privacy Terms of Use Copyright © 2024 QuantShare.com	Social Media Follow us on Facebook Follow us on Twitter Follow us on Google+ Trading Items

Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.