ScottradeELITE's easy-to-use charts offer sophisticated market analysis tools including more than 50 indicators, advanced drawing tools and the ability to playback shifts in the market to help you spot and react to trends.
To load a chart:
- Open the Research Menu and choose Charts.
A new, blank chart will open.
- To analyze or track the price movement of a particular stock or ETF, click the Enter Symbol input box located in the upper left corner of the chart window.
- Type a symbol and click Go.
Our tabbed charting design allows you to create several charts for different stocks, while only displaying one chart at a time. Or, you can open different chart tabs for the same symbol using different time frames. Using the tab feature saves you from having to manage multiple chart windows at one time and allows you to conserve screen space easily. The tab feature is designed to enhance the trading experience and maintain ease of use when dealing with a large number of charts.
How to Use Chart Tabs
When you first open a chart, the name of your chart tab will display as Default until you enter a symbol. Once you enter a stock or ETF symbol and select Go, the tab name switches from Default to the symbol you entered.
To create another chart tab, click the “+” button.
Traders analyze charts in various time frames. A longer-term investor tends to focus on higher time frames such as those shown in a monthly, weekly or daily chart to maintain a proper perspective on their longer-term investments. A shorter-term trader may focus on chart time frames that give a one-to-two week perspective, such as a daily or 60-minute time frame. A day trader might look at even shorter time frames such as a 30 min, 15 min, 5 min, 1 min, or even a tick chart to identify and manage an intraday position.
The chart window initially defaults to a daily time frame. To change the time frame, open the time frame drop-down menu near the upper left section of the chart window.
Various time frame options are displayed.
Click any of the available time frames to see that period applied to your chart.
The chart frequency refers to the number of bars displayed on the viewable chart area. To change the frequency of data (the number of bars displayed on the screen), open the Frequency drop-down menu and choose a new interval.
To view additional historical data, select a longer frequency and the number of bars for that frequency will be loaded and displayed. Available frequencies range from one month to 25 years.
Investors should consider the investment objectives, charges, expense, and unique risk profile of an Exchange Traded Fund (ETF) carefully before investing. Leveraged and Inverse ETFs may not be suitable for all investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. These funds' performance will likely be significantly different than their benchmark over periods of more than one day, and their performance over time may in fact trend opposite of their benchmark. Investors should monitor these holdings, consistent with their strategies, as frequently as daily. A prospectus contains this and other information about the ETF and should be obtained from the issuer. The prospectus should be read carefully before investing.