Powerful Charting

Heaven for technicians

Full-suite technical charts, offering flexibility and full customization. Supporting all chart types, 100+ indicators, alerts and annotations

Charts are the workhorse and one of the main features of HAMMER PRO™.

  • Efficient implementation – allows you to easily run dozens or more real-time charts at the same time on an average PC. The number of concurrently open charts is only limited by your CPU and memory.
  • Fully configurable charts – ribbon/toolbars, colors, indicators, and various other features that can be shown. You can adjust the periods, frequency, timeframes, indicators and annotations colors.
     
  • Drawing tools on the charts – You may create templates, configuring a chart exactly the way you like, with the chart type, correct period, frequency and indicators that you require, and store this configuration to use it later.
  • Tracing – it means having a moving cross-hair on the chart that allows you to find out exact values of candles and indicators at a particular point. When Trace Panel is shown, it can be moved by dragging it inside the chart to a different preferred location.

Time-based Chart Types

(with continuous bottom time axis)

  • Line – a line graph that shows the Close value for every time period.
  • Line Tick – a line graph that shows every tick for the symbol – that is, every time a trade occurs, a new point on the graph is added.
  • Candle – each candle shows the Open, High, Low and Close values for a time period.
  • OHLC – each bar shows the Open, High, Low and Close values for a time period.
“Line Tick” example
“Renko” example

Non-Time-Based Chart Types

(with discrete bottom time axis)
  • Tick Candle and Tick OHLC – each candle or bar shows the Open, High, Low and Close for a certain number of ticks – that is, trades.
  • Volume Candle and Volume OHLC – each candle or bar shows the Open, High, Low and Close for a certain volume of shares traded.
  • Range Candle and Range OHLC – each candle or bar shows the Open, High, Low and Close for a certain range of price movement.
  • Renko – chart type popular in Japan that attempts to filter out small price movements.

For all Candle or OHLC charts, the following modifications are possible:

  • Heiken Ashi – uses the open-close data from the prior period and the open-high-low-close data from the current period to create a combo candlestick.
  • Staircase – Removes the gaps between candles by making the Close of the candle always equal to the next candle’s open.

For historical charts, the following modification is available:

  • Logarithmic Scale – can be applied to all chart types, changes how the Y scale is calculated and displayed.

Annotations

You can add annotations to the charts – lines, shapes, text, etc. Once the annotation is placed on the chart, it can be moved or modified:
  • Change the colors
  • Line thickness
  • Parameters
  • Edit
  • Draw
  • Delete
  • Copy, etc.

There is an Annotations Unique Per Chart setting – this controls whether the annotations you draw are shared between several same-symbol charts or only shown on the chart on which you drew it.

Fibonacci Retracements

Drawing a Fibonacci Retracement on the chart, you can make it automatically place itself on the high/low of the visible portion of the chart.

Indicators

You can add various indicators on the charts and link them together:
  • Bollinger bands
  • Camarilla Pivots
  • Chandelier exit
  • Alligator and many more