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Disclaimer: Activities in the Egypt market are conducted through Thndr Securities Brokerage, which is a member firm of the Egyptian Stock Exchange and is authorized and regulated by the Financial Regulatory Authority . Registered in Egypt (no. 804)
Charts on ThndrX are powered by TradingView and they support:
- Multiple chart types: Candlestick, line, area, bar
- Indicators such as RSI, MACD, Bollinger Bands, etc.
- Drawing tools: Trendlines, Fibonacci retracement etc.
- Savable layouts
- Dark mode is enabled by default to reduce visual fatigue.
Chart Types in ThndrX
ThndrX offers a variety of chart types:
- Candlestick Charts: Display the open, high, low, and close prices for each time interval, providing insights into market sentiment.
- Bar Charts: Similar to candlesticks but represented with vertical lines and horizontal ticks, indicating price movements.
- Line Charts: Connect closing prices over time, offering a simplified view of price trends.
- Area Charts: Similar to line charts but with the area below the line filled, emphasizing the magnitude of price movements.
- Heikin Ashi: A modified candlestick chart that filters out market noise, making it easier to identify trends.
Utilizing Indicators in ThndrX
Indicators are mathematical calculations based on price, volume, or open interest, helping users analyze market trends:
Adding Indicators
- Open a chart in ThndrX.
- Click on the “Indicators” icon at the top.
- Browse or search for the desired indicator.
Popular Indicators
- Moving Averages (MA): Smooth out price data to identify trends.
- Relative Strength Index (RSI): Measures the speed and change of price movements.
- MACD (Moving Average Convergence Divergence): Shows the relationship between two moving averages.
- Bollinger Bands: Indicate volatility and potential overbought or oversold conditions.
Customizing Indicators
- After adding an indicator, click on its name in the chart legend to adjust settings like period lengths, colors, and styles.
- Use the “Visibility” tab to control which timeframes display the indicator.
Managing Indicators
- To remove an indicator, click the ‘X’ next to its name in the chart legend.
- Combine multiple indicators and save them as a template for future use.
Drawing Tools for Technical Analysis
Accessing Drawing Tools
- Open a chart in ThndrX.
- Use the toolbar on the left side to select drawing tools.
Common Drawing Tools
- Trend Line: Draw straight lines to identify trends.
- Horizontal Line: Mark support and resistance levels.
- Fibonacci Retracement: Identify potential reversal levels.
- Text and Labels: Add notes directly onto the chart.
- Shapes: Highlight specific areas using rectangles, circles, or triangles.
Customizing Drawings
After placing a drawing, click on it to select and adjust properties like color, line style, and opacity.
Managing Drawings
- Locking Drawings: Prevent accidental modifications by locking them.
- Hiding/Showing Drawings: Use the “Object Tree” to manage visibility.
- Deleting Drawings: Select the drawing and press ‘Delete’ or use the right-click menu.
