Breaking News
Ad-Free Version. Upgrade your experience. Save up to 40% More details

8 Smart Tips for Setting Up Stock Charts

By Kirk Du PlessisStock MarketsFeb 29, 2012 10:53PM ET
8 Smart Tips for Setting Up Stock Charts
By Kirk Du Plessis   |  Feb 29, 2012 10:53PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
You’ve decided that you want to really do all this trading stuff. Now you have to set up your stock charts so that it’s easy and simple to analyze the markets.

A little time up front correctly setting up your charts now will save you time and money down the road. The key is to get the basics out of the way first; color, type, size, etc. Once you have something you can live with start adding technical analysis studies and saving the templates.

In this video I’ll show you how to set up stock charts using a brand new template from my paper trading account.

Smart Tips For Stock Charts

Here are some quick tips to help you along:
  • Keep the technical studies to a minimal on each chart. Don’t put 34 studies on one chart – that doesn’t make you smarter or more profitable.
  • Have multiple timeframes ready to go as different templates.
  • Base chart should be the timeframe you are most comfortable trading.
  • Focus on narrowing down your watch-lists to securities you will ACTUALLY trade. Again less is more.
  • Know how to use the shortcut keys to removed/add studies/earnings/volume.
  • Candlestick charts tell you more about the underlying market sentiment.
  • Have at least 2 momentum indicators and see if they correspond with each other.
  • Don’t relay too much on moving averages (they are slow and typically don’t give great signals)
What did you think? Did this video help you with setting up your charts? Maybe you learned something new if you already have your charts set up. Either way, add your comments below!

Below You May Find The Video.

<object style="height: 315px; width: 420px"><param name="movie" value=""><param name="allowFullScreen" value="true"><param name="allowScriptAccess" value="always"><embed src="" type="application/x-shockwave-flash" allowfullscreen="true" allowScriptAccess="always" width="420" height="360"></object>
How To Set Up Stock Charts
8 Smart Tips for Setting Up Stock Charts

Related Articles

JFD Team
Hang Seng Heading for a Lower Low? By JFD Team - Sep 24, 2021

Hong Kong’s Hang Seng traded lower yesterday after meeting resistance at 24805 levels. Overall, the index remains below the tentative downside resistance line drawn from the high...

8 Smart Tips for Setting Up Stock Charts

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Atharva Chavan
Atharva Chavan May 10, 2021 1:20PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
What are the shortcut keys in for drawing on Technical Charts?
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email