Bar Sizes
Bar sizes are useful for changing the resolution of a chart based on time, price or volume movements. MotiveWaveâ„¢ supports several different types of bars:
Linear – time interval based bars (such as 1 minute, 15 minute, 1 day, 2 week etc)
Range – bars are based on price movements of a specific price range
Renko/Hybrid Renko – these are special price range based bars
Tick – these bars are based on a specific number of price ticks (or trades)
Volume – each of these bars will have a fixed trading volume
Point & Figure
There are several ways to change the bar size and type.
You can use the Bar Size Chooser from the top tool bar:
The bar size displayed on the chart can be selected to call out the bar size list:
You can also right click on the chart and select the Bar Size from the context menu:
Alternatively, if you go to the View menu and enable the Bar Size Selector, a tool bar containing the bar sizes will show up at the bottom of the console:
Custom Bar Sizes
MotiveWaveâ„¢ comes with a default set of bar sizes, but you can create your own bar sizes from the Custom tab in the Bar Size Chooser panel. The availability of the interval types will depend on your connection(s) and/or the MotiveWave edition you are on.
The new bar size can be added to the Favourites section in the Favourites tab for easy access by clicking on the Add Favourites button:
This also adds the new bar size to the bar size list in the right click menu:
To remove a bar size from the favourite list and from the right click menu, go to the Favourite section in the Gaand right click on that bar size and select Remove From Favourites:
Settings for the Bar Size Chooser panel ( columns, font, etc) can be found via the gear icon on the top of the panel:
Bar Size Selector
The Bar Size Selector is a convenient way access common bar sizes by simply clicking on one of the tabs at the bottom of the chart. If you would like to enable this toolbar, choose View > Bar Size Selector from the top menu bar to toggle its visibility.
Note: the default behavior can modified by right clicking on the chart > Chart Settings > Chart tab > Enable the Show Bar Size Selector option > Select the Defaults drop down list > Select Save Defaults > Click OK :
You can configure the tabs available in the Bar Size Selector by right clicking on one of the tabs and choosing Configure. Alternatively, you can find the Bar Size Selector settings panel via the Configure menu > Settings > Chart > Bar Size Selector.
The Bar Size Selector also has some buttons on the right hand side (configurable via Configure menu > Settings > Toolbar > Toolbar > Bar Size Selector):
These can be convenient for the following (in order from left to right):
Toggle Semi-Log Scale – Toggles semi-log scaling
Choose Study Template – Allows you to choose a study template
Toggle Birds Eye View – Toggles the display of the Birds Eye View
Display Time Frame – Choose a specific time frame to display on the chart (ie 2 week, 1 day etc)
Go To Date – Go to a specific date in history
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