Welcome to Questrade. In this video, we will give you a high level overview of the charting feature
in the Questrade Edge Web trading platform. Charting is part of the quote overview page, and
can be an important tool to help you make, buy, hold, or sell decisions depending on your goals.
To get started, login to your Questrade account.
To enable the quote screen overview through the web platform, you will need to enable Questrade
Edge Web. If you have Questrade Edge Web enabled, you can access it at any time by clicking the
green "Trade" button. If you don't currently have access to Questrade Edge Web, follow the link in
this video's description to learn how to enable it. Enter a stock or ETF you are interested in.
In this case, we will use Apple. Stocks displayed are for illustrative purposes only.
Now that we have Apple up in quote overview, you will see the chart on the right.
The chart view default setting displays trading behavior for the current day,
but you can easily change this to the additional preset time frames below, like this.
This way, you can see how the stock has been performing over various intervals of time.
The blue line on the graph represents the current and historical price. The bar chart at the bottom
of the screen, shows the current and historical volume. When you hover your mouse over this chart,
you will see a crosshair populate that displays the live streaming price, and percentage change
of the stock, or EFT, as well as the open high, low, close, and volume key statistics.
The date and current close price will show in gray on the bottom and right axes. To expand your
chart to full screen and interact with it, press the full feature chart button in the top right.
There are a number of ways to customize these charts, so let's review some of the most common,
starting with "Display". Here are three main types of charts offered on our Questrade
trading platform: "Candlestick", a candlestick chart displays each unit as a candle.
A candle is composed of two wicks, or two lines, and the body is a rectangle. One candle will tell
you the following information: opening price, high price, low price, and close price. The
body color is green if the closing price is higher than the open, and red if it is lower.
"Mountain" style (also known as area style)
connects all closed prices with a line, and colors the area underneath.
An "Open High Low Close" (or OHLC bar chart) consists of center lines connecting high
and low prices for the specified frequency. Bar width corresponds to the time interval.
Open and close prices are displayed as horizontal lines projecting to either side of the centerline.
Negative and positive price trends appear red and green respectively. In addition to
the different chart types, Questrade also provides a number of additional tools.
You can compare your stock to peers,
or add in one of our many studies to help you analyze the chart.
If you want a detailed list and description of the studies available,
click on the main navigation, and click learning center from the menu.
Scroll to the bottom of the page, and type in "charts".
Then click on the result. Understanding charts.
We hope you found this video helpful. For more informative videos on how to navigate
your Questrade accounts please check out the other videos on our youtube channel.