Currency Chart Data Display

Value Cursor
The button with the cross-hair symbol on the charting menu of the trading platform represents the value cursor. After pressing the value cursor, a currency trader can scroll through the chart area and see the data (prices and dates) that corresponds to each point on the chart. By placing the vertical line of the cross hairs over a specific bar on the graph, the trader will know the prices during that period. This data will appear on the lower left hand corner of the chart preceded by the corresponding date. In the example below, the date closest to the vertical line of the value cursor is April 16th. The opening price on 04/16 was 0.8793, the highest price was 0.8840, the lowest price was 0.8791, and the closing (last) price of the day was 0.8826. Notice the number in yellow (0.9064) at the extreme right of the horizontal line of the value cursor. This shows the price given by the current position of the horizontal line. This number will change as the cursor moves up and down.

The other values shown on the lower left hand side of the chart above are explained below:

MP = Modal Point - the red point on the bar closest to the value cursor; the currency price most heavily transacted for the period of time corresponding to the bar; e.g., the example above shows a daily bar chart, so each bar represents one day's worth of exchange rates. The modal point is only displayed when Prostick charts are used.

MC = Modal Count - the total number of 5-minute intervals in a trading day that have had at least one executed trade at the Modal Point price (for daily, weekly, and yearly charts only). The Modal Count figure is only provided for Prostick charts.

AR = Active Range - the body of the candle portion of a Prostick chart. The size and position of the body is determined by the price range where approximately 70% of the trades occurred. To be exact, the actual range is determined by taking one standard deviation (+/-) of the normal distribution from the midpoint (mean of all traded prices for the current time interval). In the example above, on April 16th the Active Range was between 0.8818 and 0.8791 (body of the candle). AR only applies to Prostick charts.

ET = Extreme Tails - price ranges that have very little trading activity caused by strong resistance and/or support. In the chart above, only the April 18th bar shows an Extreme Tail. Notice the thicker line segment on the lower range of the bar on that date. When scrolling over a period that exhibits an extreme tail, the data on the lower left side of the chart will indicate LT (lower tail) and/or UT (upper tail) and the corresponding price for each.

On Prostick charts, the body of the candle will be colored if the closing price in the period is lower than the opening price. The body will be white if the closing price is higher than the opening price.