Notice the unique nautical chart display above. The entire menstruum is captured at left inwards a profile view, displaying the prices amongst the greatest book (far left) together with the prices arrayed past times fourth dimension menstruum (traditional profile). The nautical chart together with thus segments the session into xiv large bars, amongst traditional bars within the larger bars to exhibit how cost moved within the large bar period. The large bars are colouring cloth coded to exhibit whether nosotros are edifice value higher (green) or lower (red). Notice the large rectangular bar that is arrayed horizontally across the optic of the screen. That is the session's value area.
The nautical chart nicely shows how the marketplace tried to flora value lower early on inwards the session alone to probe the reverse extreme of the value area.
Notice how much data tin dismiss survive conveyed inwards a unmarried display. To survive sure, whatever new display takes fourth dimension to larn together with experience comfortable with. With practice, however, traders tin dismiss selection upward on patterns that otherwise would become undetected amongst a traditional chart--particularly if they are guided past times tested relationships derived from audio theory.
While on the topic of WindoTrader, banking concern tally out their video series together with especially the video detailing the concept of developing your "anchor trade". That video nicely illustrates the value of looking at markets uniquely together with developing bread-and-butter trades from your distinctive means of making feel of markets. It's hard to imagine yous could compass consistently meliorate results than others past times looking at the same data they create together with processing it inwards like ways.
Further Reading: Countering Information Processing Biases inwards Markets
