Settings

Default Chart Settings and Options

Default chart settings can be set from the Preferences dialog (Configure -> Preferences from the Console menu bar). You will find the settings for charts in the tabs underneath the Chart tab.

The following are options that are available from the Chart Settings tab:

  1. Default Tool – This is the default tool to use on a chart.

  2. Revert to Default Tool – When completing an action with the selected tool, the chart will automatically switch back to the default tool (see above)

  3. Bar Type – The default type of bar to display when opening a chart

  4. Bar Scheme – Determines the color scheme for the bars. Normal displays bar color based on if the close is higher/lower than the open value. Available Bar Schemes include:

    1. Normal – Displays a different color if the bar closes higher than open verses lower than open

    2. Inside/Outside – Colors change if bar closes higher/lower than open, if the bar has a lower high/higher low than previous bar (inside) and if the bar has a higher high/lower low than the previous bar (outside)

    3. Day Of Week – Bar color changes based on the day of the week

    4. Alternate Day – Bar color alternates each day

    5. Alternate Hour – Bar Color alternates each hour

  5. Bar Size – default bar size when opening a new chart

  6. Bar Thickness – Default thickness for the bar outline (default 1 pixel)

  7. Axis Style – Style of the price and time axis

  8. Shade – draws a shaded area at time or price intervals on the

  9. Shift + Click – Object to draw when the user holds down on the Shift Key and clicks the left mouse button on the chart.

  10. Ctrl + Click – Object to draw when the user holds down on the Ctrl Key and clicks the left mouse button on the chart.

  11. Shift + Alt + Click – Object to draw when the user holds down on the Ctrl and Alt Keys and clicks the left mouse button on the chart.

  12. Line Method – Calculation method for calculating the lines on a wedge (Time/Price or Angle)

  13. Fill Area – If true, the area of a wedge will be filled

  14. Fill Alpha – Alpha value for the fill color

  15. Max Linear Bars – Maximum number of linear bars to load when opening a chart

  16. Max Non Linear Bars – Maximum number of non-linear bars (ie Range, Renko etc) to load when opening a chart

  17. Minimum Bars – Minimum number of bars to load when opening a chart.

  18. Bar Width (pixels) – Default spacing for the price bars

  19. Price Axis Spacing – Default spacing between the numbers that are displayed on the price axis

  20. Time Axis Spacing – Default spacing between the labels that are displayed on the time axis

  21. Top Inset (pixels) – Default spacing to add to the top of the price plot when auto scale is enabled

  22. Bottom Inset (pixels) - Default spacing to add to the bottom of the price plot when auto scale is enabled

  23. Display Bars – percentage of bars to display when first opening a chart (ie fill 90% of the chart area)

  24. Study Height (pixels) – Default height for study plots

  25. Study Layout – Layout preference for the study labels displayed in the legend area (horizontal or vertical)

  26. Time Zone – Default time zone for the chart.

  27. Calendar Days – If enabled, space will be preserved for non-trading days when displaying daily bars (normally this space is removed)

Additional chart options can be found under the Options tab of the Chart section in the Preferences dialog.

  1. Show Extended Data – If true, after hours data is show by default when opening a chart

  2. Show Instrument Title – Displays the title of the instrument in the top left corner of the chart

  3. Snap Open/Close – If this is enable the mouse tools will automatically snap to open and closing points on the price bars

  4. Show Components Panel – Displays the components panel by default when opening a new chart.

  5. Show Trade Panel – Displays the Trade panel by default when opening a new chart

  6. Show DOM Panel – Displays the DOM (Depth of Market) panel by default when opening a new chart

  7. Show Grid – Displays horizontal and vertical lines on the chart

  8. Show Major Times – Show vertical dashed lines for major time on the chart

  9. Show Chart Buttons – Enables the display buttons on the chart for adjusting the vertical space and bar width. This also applies to the remove study button on study plots.

  10. Show P/L Ladder – Displays the profit/loss ladder on the chart.

  11. Show Exchange – Toggles the display of the exchange as part of the title on the chart

  12. Show Symbol – Displays the instrument symbol on the chart.

  13. Show Bar Size – Displays the current bar size on the chart

  14. Show Cross Hair – Toggles the default display of the cross hair feature for the mouse cursor

  15. Global Cross Hair – If enabled, the cross hair (where enabled) will be updated across multiple charts that display the same instrument

  16. Double Cross Hair – Displays two vertical lines encompassing the bar where the cursor is currently (instead of a single vertical line)

  17. Solid Cross Hair – Displays a solid line instead of a dashed line for the cross hair

  18. Auto Scale – Default scale setting when opening a new chart

  19. Auto Scale Price Only – If enabled, only the price action will be included in the auto scaling of the chart (components are excluded)

  20. Semi-Log Scale – displays a chart using semi-log scale by default.

  21. Lock Scroll – Default lock scroll state (see Lock Scroll feature)

  22. Lock Studies – Default Lock Studies state (see Lock Studies feature)

  23. Show Info on Select – Turns on the Show Info feature when selecting a component

  24. Show Info – Enables the show info feature when creating a new component

  25. Show Range Outline – Turns on the range outline on the latest bar for Range/Renko bars

  26. Show Middle Line – Turns on the display of the middle line for channel components

  27. Show Menu Bar – Turns on the display of the menu bar for windows

  28. Show Tool Bar – Turns on the display of the tool bar for windows

  29. Show Status Bar – Turns on the display of the status bar at the bottom of the windows

  30. Confirm on Close – If enabled will display a warning message when closing a chart window

  31. Link Minimize/Restore – If enabled, for linked chart windows all windows in the group will be minimized when one of them is minimized. Likewise when one of them is restored, all windows in the group will be restored

  32. Expand Status Bar Link – Expanded mode for the color link control in the status bar

  33. Show Bar Size Selector – Toggles the default display of the Bar Size Selector on charts

  34. Show Bird’s Eye View – Toggles the default display of the Bird’s Eye View when opening a chart

  35. Show Bird’s Eye Lines – Display of the vertical lines on the Bird’s Eye plot

  36. Resolve Trend Lines – If enabled, MotiveWave™ will attempt to load enough data to properly display all trend lines on a chart. By default it will estimate where the starting point of a trend line is based on the available data. This option will force the loading of data all the way back to the beginning of trend lines to improve the accuracy of the plot. Warning: this option can cause a lot of data to be loaded from your broker or data service. It is recommended that you leave this option of and turn it on where desired from the Chart Settings dialog (see next section).

  37. Group Studies – If enabled, study plots will be grouped together at the bottom of the chart in a stacked panel.

  38. Show Study Labels – Enables the display of study labels in the legend

  39. Study Bar Updates – Toggles the live updating of studies from level 1 data verses calculating the most recent study values on the close of a bar.

  40. Show Values in Legend – If enabled, current study values will be displayed next to the study label in the study legend

  41. Simple Study Title – Simplified display of the title in the legend area

  42. Overlay Volume – Displays the volume information as an overlay on the chart instead of a separate plot.

  43. Draw Candle Outline – Draws the outline of the candle rectangle.

Chart Specific Settings

Chart settings that apply to the selected chart only can be accessed by right clicking on the chart and choosing Chart Settings (you can also double click on the chart). The settings configured here can be saved as default settings by clicking on the Save Defaults button. Descriptions of items below can be found in the preceding sections.

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