Stocks & Commodities V. 25:9 (43): Websites For Traders Chart Ex by Jayanthi Gopalakrishnan
Product Description
Websites For Traders Chart Ex by Jayanthi Gopalakrishnan
WWW.CHART-EX.COM
Lisa Erdmier, president and cofounder
of the Chart-Ex website, which displays
free commodity charts, developed a data
visualization tool that displays volume
at price in a unique format. It is similar
to the Market Profile format in that it
compares volume at price for one time
frame to another.
After spending several years as a floor
trader, Erdmier wanted to develop a
trading tool that would give the offfloor
trader a picture of what goes on
behind the numbers seen on a computer
screen. The display, if you look at Figure
1, shows volume as histogram for a
trading range of July 18 and 19 on the
mini–gold contract. The horizontal lines
represent volume for each corresponding
price, which indicates where the
high and low volume areas are at a
glance.
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