Bank of Montreal
Chart Usage InstructionsShow
Each candlestick in the chart can be mouse-clicked to show the open, high, low, close price points along with the 10-day exponential moving average. Upon mouse-clicking the chart area to give it focus, the up and down keyboard cursor keys (arrow keys) can be used to select the function of the left and right cursor keys. The selected cursor key function is shown at the bottom of the chart area e.g. "pick candlestick". In addition to using the cursor keys to control chart navigation, the mouse-clickable buttons below the chart area can be used to navigate the chart.
When a candlestick is selected, either by keyboard cursor key or by mouse click, a vertical line is drawn to align with the information on the horizontal axis of the chart. The presence of a 'B' or 'S' designates a buy or sell action. A box marker indicates if a candlestick pattern exists in which case the candlestick type is shown in the information area below the chart. The presence of a horizontal line shows the price level above/below which the buy/sell action should be taken. The actual price is shown in the information area below the chart.
Where a candlestick is marked by a box on the chart's horizontal axis, it means a candlestick pattern has been detected with a resulting action commentary to buy or sell the stock on the next trading day if the stock movement follows the condition stated in the action commentary. The system is always in the market with either a long or short position on the stock.
More you might like
This article covers what candlestick patterns indicate as it applies to trading decisions.
This article examines the elements of successful stock trading. A stock trading method to execute winning trades and to achieve trading success. A trend following system based on candlestick technical analysis.
This article covers my ranting on stock market day trading in the month of March/2009. Main lessons learned are listed to be remembered.
This article examines the technical analysis indicators for support and resistance and trend reversals. Knowing how to identify and apply these will translate into a valuable tool for your trading success.
This article covers my observations on the trading of Research in Motion. With its huge rise leading up to and following the latest earnings announcement, where is the stock headed in the near term?
