ChartIQ | March 7, 2022

ChartIQ 8.6 Release Highlights

Written by ChartIQ Engineer

With the ChartIQ 8.6 release, we have a host of new enhancements to help your traders boost their technical analysis skills and/or make better decisions on behalf of their clients.

As you know, we often cater our roadmap to client requests, and this release is testament to that commitment. Read about our 8.6 enhancements below, including new studies for Options Analytics and UI features. Remember to upgrade here to enjoy the newest features.

SignalIQ plug-in

A new piece of functionality found in our Technical Analysis platform, SignalIQ is an exciting new way to incorporate alerts in your technical analysis program. Historically, alerts only trigger once they happen and don’t stay on the chart for users to view. Our use of markers in SignalIQ (as opposed to purely just alerts) allows users to incorporate signals into historical analysis as well as their ongoing analysis.

If a user wants to track when a study hits a certain value or interacts with another component of the study, a marker will be displayed on the chart in real-time. However, to eliminate clutter on the chart, users can hide the study and have it monitor the activity in the background. This is particularly useful on mobile devices with limited screen real estate.

SignalIQ allows you to advance your TA solution without making a significant engineering investment as it’s included in our TA module at no cost. Thank you to the clients who helped shape our roadmap for this exciting new feature.

 
Watch a demo of SignalIQ.

New studies

Volatility Projection Cone study

Displays a cone projected forward with the likely price range based on recent volatility, with either historical or implied volatility as its input. Users of Technical Analysis or Options Analysis Modules can leverage this study using historical volatility, and users with access to implied volatility may use it for options analysis.

Benefit: The Volatility Projection Cone is a forward-looking study that allows users to blend information from the options market with other technical analysis tools.

Volatility Projection Cone study

Volatility Projection Cone study displays a cone forward into the future to project price volatility using either historical or implied volatility as its input.

Moving Average Cross study

Displays three moving averages (MA) of the same type at one time. The new study is designed to simplify the common practice of adding multiple MAs.

Benefit: The Moving Average Cross study expedites the process of adding multiple MAs to the chart. The default values facilitate identification of the golden cross and death cross patterns where the 50-period MA crosses above/below the 200-period MA respectively.

Moving Average Cross study

The Moving Average Cross displays three moving averages (red, blue, and orange lines) in one study.

Guppy Multiple Moving Average (GMMA) study

Combines two groups of moving averages (MA) with different time periods to identify changing trends, breakouts, and trading opportunities in the price of an asset. The GMMA is included in the Technical Analysis module.

Benefit: The Guppy MMA study is designed to capture changes in trends. The intent is to help traders see the strength or weakness in a trend better than using only one or two EMAs.

Guppy Multiple Moving Average study

The gold circle shows the short-term group of averages (red) converging and crossing the long-term group (blue) indicating a trend reversal in the direction of the crossover.

Experimental features

Multi-chart template

A new template that provides a shared header and footer for all charts in a multi-chart grid and updated chart grid controls are now available. sample-template-advanced-multi.html is located in examples/templates/.

Benefit: Users can now easily adjust the number of charts displayed, and control them with a shared header that reduces the visual noise and redundant controls.

A single display menu sets the chart style for the chart in focus (blue outline) on a multi-chart layout.

Enhancements

React iconnpm package for React

Provides customizable, encapsulated React components for creating a chart.

Benefit: Simplifies installation of ChartIQ when using React.

Chart configuration

Loads assets and initializes the chart engine before loading data.

Benefit: Provides direct access to the chart engine before loading and helps ensure smooth rendering on chart load.

Display version number on console

Benefit: Developers are able to easily provide the version number when seeking support from ChartIQ, which is the first step toward getting the help they need.

Developer tools console displays the ChartIQ version number.

Cross section data point attributes

The cross section plot now supports six data dimensions creating highly informative visualization representations of a matrix of data. The six dimensions are:

  1. X-Axis
  2. Y-Axis
  3. Color
  4. Size
  5. Shape
  6. Label

Benefit: Users can leverage data to apply shape, size, and color attributes to data points displayed on the cross section plot.

Plot of the TCV vs Touchpoints for instruments in three portfolios (A, B, and C). Each instrument displayed on the plot has six attributes. Using the plot above, Pink Floyd Trading is: X (TCV) = 1141916, Y (Touchpoints) = 467, Shape (Portfolio) = Round, Color = Client Score, Size = Touchpoints, Label = Pink Floyd Trading

Drawing tools

Drawing tool reverts to “no tool” after drawing completes

When a user finishes drawing, the tool deselects on the palette.

Benefit: Oftentimes, users only want to make a single drawing and then resume charting without having to de-activate the drawing mode. This will aid in reducing the number of clicks required.

Pin favorited drawings

When a drawing tool is marked as a favorite, it is now pinned to the top position in the tool list.

Benefit: Users no longer have to activate a dedicated filter for quick access to their favorite drawing tools.

Pin favorited drawings
Marking a drawing tool as a favorite moves the tool to the top of the menu.

Updated menu styling

Dropdown menus have been enhanced with rounded edges, highlight on hover, switches instead of checkboxes, and additional padding on menu items.

Benefit: Users can now enjoy a more modern take on the classic ChartIQ UI without any changes in the functionality.


Updated menu styling.

Accessibility | Tab key navigation outside of chart

Use the Tab key to navigate outside of the chart UI, including browser controls such as the address bar. This way users can eliminate the conflict between tabbing through the browser and ChartIQ.


Tab key navigates outside of the chart to the browser address bar.

Icons on Chart Types menu

Icons have been added to the Chart Types menu for easier recognition of chart types.


Tab key navigates outside of the chart to the browser address bar.

Mobile apps

Webview performance

Mobile developers now have the option to set a specific interval to check for resizes rather than relying on a ResizeObserver, which listens for resizes before executing the specified listener function.

Benefit: Improved performance of the webview in mobile applications.

Dual menu mode for mobile apps

Menus for iOS and Android apps can now be located on either the top or bottom of the screen.

Benefit: This allows mobile development teams to maintain a consistent UX display when embedding ChartIQ into a larger app that already has a bottom menu.

Thanks to all of our clients!

Thank you for being a loyal ChartIQ client and trusting us to deliver world-class solutions for your users. For more information about upgrading, our premium modules, or to suggest items to add to our roadmap, contact us.

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