APPLICATION PLATFORMS: FIRST CHARTING WEB FIRST CHARTING DESK FIRST CHARTING MOBILE WE PROVIDE: NSE CHARTING APP MCX CHARTING APP BOTH MCX/NSE CHART APP PROFESSIONAL TECHNICAL ANALYSIS CHARTING TOOLS: Simultaneous Live Update of Multiple Charts Instant switching of intervals Fibonacci Curves / Time Lines Multiple Trend lines and Line Studies ABOUT US: The First Charting brand has been well known in the active trader community. The First charting suite of products and services, as well as trading education, provides global, real-time market data and professionallevel decision support to individual investors and active traders worldwide. Included in this brand are the desktop software products First Charting, First Charting, Advanced Edition, as well as a browser-based version , designed for use on mobile devices and smart phones. The First Charting products provide reliable stock, futures, Forex and options market quotes and the fastest connections possible because they are backed by one of the most technically advanced infrastructures available, capable of handling the ever-changing demands of the market. Engineered and operated internally, the advanced IP multicast backbone, boasting multiple, geographically dispersed server farms, fed with live data from direct, redundant connections with exchanges all over the world is the building block that supports the sophisticated infrastructure and what makes the awards won by these products well deserved. PRODUCT SERVICES: First Charting Charting platform is based on Silverlight and takes advantage of all the latest features found in this browser based technology designed by Microsoft. Microsoft Silverlight is a cross-platform technology that runs on Windows, Mac and Linux inside a wide variety of web browsers including Internet Explorer, Firefox, Safari, Opera, Chrome and many others. Dynamic Financial Charting First Charting Charting supports real-time charting for stocks, futures and options. Updates can be made to the chart in real-time while the market is trading. Users may add technical indicators, line studies or change colour properties via the built-in functions and properties. Supported Timeframes (1 min, 5 min, 10 min, 15 min, 30 min 60 min, Daily, Weekly, Monthly) Provision to search for the stock/commodities symbols. Can download the IEOD Data (1 min, 5 min, 10 min, 15 min, 30 min 60 min) and EOD data (Daily, Weekly, Monthly Data) into a csv file format. Continue….. First Charting features over 60 popular technical indicators that may be customized by the end user, complete navigational extended line styles and colour properties, user-drawn line studies, portfolio screen, and a L1 quote screen. Simple Moving Average, Bollinger Bands, Accumulative Swing Index, Aroon Oscillator, Chaikin Money Flow, Chaikin Volatility, Chande Momentum Oscillator, Commodity Channel Index, Comparative Relative Strength, Detrended Price Oscillator, Directional Movement System, Ease of Movement, Exponential Moving Average, Fractal Chaos Bands, Fractal Chaos Oscillator, High - Low Bands, Historical Volatility, Linear Regression Forecast, Linear Regression Intercept, Linear Regression R' Squared, Linear Regression Slope, MACD, MACD Histogram, Mass Index, Median, Momentum Oscillator, Money Flow Index, Moving Average Envelope, Negative Volume Index, On Balance Volume, Parabolic SAR, Performance Index, Positive Volume Index, Price Oscillator, Price ROC, Price Volume trend, Price Number Bands, Price Number Oscillator, Rainbow Oscillator, RSI, Standard Deviation, Stock Movement Index, Stock Oscillator, Swing Index, Time Series Moving Average, Trade Volume Index, TRIX, True Range, Typical Price, Ultimate Oscillator, Variable Moving Average, Vertical Horizontal Filter, Volume Oscillator, Volume ROC, Weighted Close, Weighted Moving Average, Welles Wilder Smoothing, Williams % R, Custom Indicator. Continue….. Also Available Cross Hair, Rectangle, Ellipse, Fibonacci Time Zones, Fibonacci Arcs, Gann Fan, Quad Lines, Speed Lines, Tirone Levels, Trend Lines, Vertical Lines Access real-time and historic data for over 600 instruments from of Indian Exchanges. Please note that the Silverlight based platform is a thin client that does not offer scripting capabilities, therefore alerts, back testing, automated trading and scanning are not implemented. First Charting is compatible with all operating systems and web browsers listed on the Microsoft Silverlight page. Customization Services First Charting Charting team of highly skilled, professional financial software consultants can program any type of modification based on your individual needs at a very affordable rate. PLATFORM: MT 4 FEATURES: 3 chart-types, 9 timeframes and over 200+ analytical tools. Back testing features. Working with MQL4 will be easier: there will be more data types, structures, classes; it’ll be easier to transfer C++ source codes into MQL4, EA execution speed will increase. Basic Candlestick Patterns SPINNING TOPS Candlesticks: Candlesticks with a long upper shadow, long lower shadow and small real bodies are called spinning tops. The colour of the real body is not very important. The pattern indicates the indecision between the buyers and sellers. The small real body (whether hollow or filled) shows little movement from open to close, and the shadows indicate that both buyers and sellers were fighting but nobody could gain the upper hand. Even though the session opened and closed with little change, prices moved significantly higher and lower in the meantime. Neither buyers nor sellers could gain the upper hand, and the result was a standoff. If a spinning top forms during an uptrend, this usually means there aren't many buyers left and a possible reversal in direction could occur. Marubozu Candlesticks Sounds like some kind of voodoo magic, huh? "I will cast the evil spell of the Marubozu on you!" Fortunately, that's not what it means. Marubozu means there are no shadows from the bodies. Depending on whether the candlestick's body is filled or hollow, the high and low are the same as its open or close. Check out the two types of Marubozus in the picture below. Continue…. A White Marubozu contains a long white body with no shadows. The open price equals the low price and the close price equals the high price. This is a very bullish candle as it shows that buyers were in control the entire session. It usually becomes the first part of a bullish continuation or a bullish reversal pattern. A Black Marubozu contains a long black body with no shadows. The open equals the high and the close equals the low. This is a very bearish candle as it shows that sellers controlled the price action the entire session. It usually implies bearish continuation or bearish reversal. DOJI Candlestick Doji candlesticks have the same open and close price or at least their bodies are extremely short. A doji should have a very small body that appears as a thin line. Doji candles suggest indecision or a struggle for turf positioning between buyers and sellers. Prices move above and below the open price during the session, but close at or very near the open price. Neither buyers nor sellers were able to gain control and the result was essentially a draw. There are four special types of Doji candlesticks. The length of the upper and lower shadows can vary and the resulting candlestick looks like a cross, inverted cross or plus sign. The word "Doji" refers to both the singular and plural form. Continue…. If a Doji forms after a series of candlesticks with long hollow bodies (like White Marubozus), the Doji signals that the buyers are becoming exhausted and weakening. In order for price to continue rising, more buyers are needed but there aren't anymore! Sellers are licking their chops and are looking to come in and drive the price back down. LONG WHITE CANDLE + DOJI If a Doji forms after a series of candlesticks with long filled bodies (like Black Marubozus), the Doji signals that sellers are becoming exhausted and weak. In order for price to continue falling, more sellers are needed but sellers are all tapped out! Buyers are foaming in the mouth for a chance to get in cheap. LONG BLACK CANDLE + DOJI If a Doji forms after a series of candlesticks with long filled bodies (like Black Marubozus), the Doji signals that sellers are becoming exhausted and weak. In order for price to continue falling, more sellers are needed but sellers are all tapped out! Buyers are foaming in the mouth for a chance to get in cheap. While the decline is sputtering due to lack of new sellers, further buying strength is required to confirm any reversal. Look for a white candlestick to close above the long black candlestick's open. In the next following sections, we will take a look at specific candlestick formations and what they are telling us. Hopefully, by the end of this lesson on candlesticks, you would know how to recognize candlestick patterns and make sound trading decisions based on them. REACH US: Call :(080) 30759999 / (080) 22141555 Available from Monday to Friday 9:00 am to 11:00 pm. CUSTOMER SUPPORT: SUPPORT@FIRSTCHARTING.COM MARKETING AND SALES: SALES@FIRSTCHARTING.COM BILLING: BILLING@FIRSTCHARTING.COM