Market Watch Panel

Introducing a compact and handy panel for watching the market and estimating multicurrency price movements. It shows main parameters for a user defined group of symbols in the form of a table. Its functionality is checked on Forex and FORTS.

The following information is displayed:

• Financial instrument name.
• Last price value - can be turned off for off-exchange markets.
• Ask price value.
• Bid price value.
• Spread size in pips.
• Stop level in pips - can be turned off for off-exchange markets.
• Change of price in pips from the day start.
• Current daily range (High - Low) in pips.
• Average daily range in pips for user defined number of days.
• Price change percentage for user defined periods (timeframes).

External parameters:

• Market Watch Instruments - the list of work instrument names. The names of the instrument must be separated with a comma. For example, "EURUSD;GBPUSD".
• Instrument's Show Names - the list of the instrument names that should be displayed in the screen. You can use a custom name for an instrument as its original name can be too long and contain unnecessary information. The names of the instruments must be separated with a comma, and their position must match the position of the corresponding work instruments.
• Percent Change Time Frames - the list of periods (timeframes) the price change percentage is displayed for. Must be separated with a semicolon. For example, "M5;H1;D1;W1" will display the percentage change for four timeframes (5 minute, hourly, daily and monthly). Price change is calculated as 100 * (Close - Open) / Open.
• Show Last Price - show/hide the last deal price. Can be used for exchange markets only.
• Show Stop Level - show/hide the stops level. There is no stops level for exchange markets. Also some modern DCs do not use.
• Data Refresh Type - mode of updating the information on the screen. The following modes are available - Tick / Timer / Tick & Timer. In Tick & Timer mode the information is updated at every tick of the instrument and according to a set time interval. 5).
• Timer Interval in msec - the time interval for updating the information according to the timer (if selected in the previous parameter);
• Use EMA for Daily Average - use EMA average when calculating the average daily range. If set to No, the simple averaging will be used.
• Days Number for Daily Average - number of days for calculating the average daily range. Usually, it is set 20 days what corresponds to one work month.
• Chart Corner - chart corner the panel will be located at (binding to the selected corner).
• Show Time Scale - show/hide the time scale on the current chart (fig. 2, 4).
• Show Price  Scale - show/hide price scale on the current chart (fig. 2, 4).
• Background Color - background color for the panel.

There is a button that minimizes the information displayed. Once it pressed, the panel will display only Last/Ask/Bid price and current spread (fig. 3).