Using Comparison Symbols in Price Charts
In your trading journey, leveraging comparison symbols can significantly enrich your analysis.
For instance, imagine plotting the price movement of the asset you're trading alongside a relevant index like the S&P 500.
We've streamlined this process for you by integrating comparison symbols into your default chart settings:
- Accessing Settings: Begin by navigating to the Dashboard and selecting Settings.
- Chart Settings Tab: Once in Settings, head over to the Chart Settings tab.
- Adding Comparison Symbols: Here, you can seamlessly incorporate a comparison symbol into any of your default configured charts.
By following these steps, you'll be able to generate charts akin to the example illustrated below:
The beauty of using comparison symbols lies in their normalization to the symbol you're comparing them with. This ensures a coherent presentation of data, allowing for insightful analysis.
Whether you're comparing with market indices, sectors, other stocks/futures, or any other assets, the possibilities are endless! Explore the potential and elevate your trading strategy with comparison symbols.