| Opening Screen
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| Fig 1. Opening Screen
– Chart Entry Signals |
This is the screen first screen you will see when you run the software. If you have moved from this section it is easy to return, simply click on the button labeled “Chart Entry Signals” at the bottom of the screen.
PremiereTrade™ AI opens with four charts; each one is either red or green with black and white lines on the chart. These charts help you make trading decisions.
A green chart represents a buying opportunity, red, a selling opportunity. The four charts give you a snapshot of the trend of the stock you are viewing. A green chart indicates the stock is moving up in the market and a red chart indicates that the stock is moving down in the market.
Indicator
Suggestions
Each chart represents a different time frame in the market starting with long term, mid term, short term and entry. Read the charts from left to right, top row, then bottom row.
It is a proven strategy that viewing multiple time frames helps you make more informed trading decisions. The long term chart is listed first because as you move from left to right, top to bottom, in a normal reading pattern you can see the overall trend of the symbol.
Entry
Chart
When looking to open a trade many traders prefer to make a trading decision based on the “Entry” Chart. A great second step to further confirm a trade is to move on to the Wizard screen (See
Section 4 - Wizard Overview).
If you find a stock that meets all of your requirements and you are ready to trade, click the button, confirm that all the trade details are the way you want them and place your trade. Its that simple.
Scrolling Information
Using your mouse, you have the ability to scroll across any chart. Beneath the cross-hairs, on the bottom of every chart, the date and time will appear for the segment of the lines you are scrolling across.
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| Fig 2. Scrolling Cross-hair |
To the left of the charts, the quote window will show you the last price in the market; this does not change as you scroll along the chart because it is showing the current or live price.
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| Fig 3. Quote Window |
As you move across the chart, the quote window will show you the open, high, low, and close price for each segment you scroll across, as well as the volume and time information for that segment.
The length of each segment on the chart is determined by the chart’s time setting. For example, if you are looking at a 90 minute chart, then each segment will represent 90 minutes.
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| Fig 4. Time Segments |
By clicking on the white or black lines you will see divisions in time represented by dots. The distance from one dot to the next represents one complete time interval. In our previous 90 minute example, the distance between two dots would represent a time period of 90 minutes.
Rear Scrolling
On any of the charts you can scroll backward or forward in time. This can be accomplished by left-clicking your mouse on the chart, holding the button down and dragging your mouse to the left or right, this will move the chart forward or backward in time. To get back to the current chart, click the button on the bottom right of the chart that has three arrows on it. This will move the chart to the current time frame.
Four Timeframes to One and Back
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| Fig 5. 4 into 1 –
Click on the screen you want to expand |
You can double-click on any chart with your mouse and the chart be expanded. Instead of seeing 4 charts, now you will see a large chart that fills the entire page. You will now also see an expanded time frame which will allow you to get more of a picture of how the market has been trending on each individual chart.
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| Fig 6. 1 into 4 –
Click on the screen to return to 4 views |
Minimize
Button
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| Fig 7. Minimize Button |
By clicking the minimize button at the top right of the chart, you can get back to the standard four chart view. |