Support Board
Date/Time: Tue, 22 Apr 2025 00:36:14 +0000
Post From: Inverted Charts for Futures
| [2014-08-17 16:00:08] |
| GrigorHagop - Posts: 18 |
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Suggestion: Allow inverted plotting with y-axis being –Price (minus price). You allow inverted plots as a 1/Price Study which are useful for FOREX but not for Futures. With Futures being a zero-sum game, it should not matter whether the Price is going up or down. To be object and overcome the bias caused by being in gravity field, Futures traders often invert the plot. In the old days, this was done by holding a mirror in back of paper plot. The main difference between 1/Price and –Price plots is that the price can still be read in the latter. In my software, I changed the color of y-axis Prices for the inverted chart to a very bright color in order to reduce the inadvertent mistake of placing the wrong order, e.g., buy instead of sell. The modifications needed for Normal and Inverted plotting of data, Studies, and Chart Trading Mode orders merely consisted of choosing the following: the reference point (bottom or top) and the sign of the multiplication factor (plus or minus).
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