The Tick Chart Trader tool displays a variety of types of tick chart, with ultra-fast order entry and exit via single mouse-clicks or keyboard shortcuts. It is ideal if you want to place very short term trades, entering and exiting the market rapidly several times in the course of a trading session.
Five different tick-chart views for different styles of traders
- Simple: tick chart which updates every time the ask or bid price changes
- Tick: chart plus tick speed shows bars indicating how long the last N ticks have taken to form, indicating market activity
- Timed: the chart updates on every tick, but the X-axis is time-based and thus indicates the difference between busy and quiet periods
- Candles: the tool displays OHLC candles, but based on a number of ticks rather than a time period (e.g. 20-tick bars)
- Versus: shows the changing movements of two markets against each other
Market orders can be placed either by clicking on the ask or bid price, or by using the keyboard shortcuts B and S. For ultra-fast order entry, you can choose to allow the Ctrl key to place orders without confirmation. Ctrl+click or a keyboard shortcut such as Ctrl+B then places an order instantly, without any confirmation or user interface pop-up.