UOBKay HIan
UOBKay HIan
UOBKay HIan
This user manual provides a detailed description of the main features in ChartGenie HTML5 charting
tool interface.
If you discover any error in this user manual, please contact us at:
Tel: +65-6536-9338
Email: cs@uobkayhian.com
Please include your trading account number and contact number in your email.
Operating hours: 8:30am - 6:00pm from Monday - Friday, except Public Holidays.
System Requirements
To ensure that you are able to run the ChartGenie smoothly, please ensure your computer system
meets the following requirements:
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Getting To Know ChartGenie
ChartGenie is a web-based stock alerts tool based on the popular field of technical analysis. This tool
comprises of the following segments:
1. Alerts
2. Commentary
3. Marquee
5. Charting Area
ChartGenie is a screening and analysis tool from UOB Kay-Hian in order to help their traders to have
a clearer and easier view of the technical chart. ChartGenie will triggers alerts on those stocks which
have good technical signals, as this helps the trader make a better informed trading decision.
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1. ALERTS
The counters in the Alerts window are triggered by technical studies such as RSI, MACD, Support and
Resistance with high volume breakouts and Moving Average. On top of that, the strength of the
signal is measured by the MFI indicator and is illustrated in the right-most column in the Alerts
window. To view the chart of the counter in the Alerts list, just click on the counter name.
When moving the mouse pointer over a counter name in the Alerts list, the detailed information will
appear as below:
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User can set certain constraints in the settings window to filter the alerts.
1. Insert the minimum and maximum price constraints and click "APPLY", the alerts will be reflected
accordingly.
3. Select the minimum signal strength, for example if you've selected 2 signal strength bars , only
alerts with signal strength 2 bars and above will be shown.
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From the ALERTS result list, click on the stock name column to display the chart in the chart area as
shown below:
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2. COMMENTARY
ChartGenie provides a Technical Analysis commentary on every stock based on the movement of the
price, volume and indicator on its daily chart. This commentary will be refreshed at the end of the
trading day for all of the stocks.
However, do take note that no commentary is available for warrants, loans and extended
settlements.
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3. MARQUEE
As traders have high interest in the top volume counters, ChartGenie provides the top 20 volume
counters in the marquee on top. Click on the counter name to open the counter's chart in the chart
area.
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4. TECHNICAL AND TREND INFORMATION
This strength information is calculated by the Average Directional Index (ADX), which is a popular
indicator to measure the strength of trend.
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5. WORKING WITH CHART
There is a stock listing window in this HTML5 chart, user is able to click on any stock name to open a
chart.
1. Click on this icon to show the dropdown list of all available markets.
2. Click on this icon to show the dropdown list which contains stocks, indices or movers of last
trading day.
3. Click on this icon to show the dropdown list which enables the selection in alphabet A to Z and 0
to 9 to find a stock.
4. Click on this icon to show the dropdown list of opened charts history.
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5.2 Search Stock
Type the name or code of the stock in the search box to search, click on the stock name and the
chart will appear.
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5.3 Indicator Feature
2. User can check or uncheck the checkbox for each indicator to show or hide it in the chart.
4. Click on the 'Reset to default Parameters' button to reset all the indicators back to default setting.
5. Glossary Of Indicators:
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5.3 Indicator Feature
• Accumulation/Distribution
• Bollinger Band
o A useful addition to Moving Average (MA) Envelope analysis is a new approach
devised by John Bollinger. Bollinger Bands is an indicator that allows users to
compare volatility and relative price levels over a period time.
o Contrary to its name, CCI can be used effectively on any type of security; not just
commodities.
o Traders use DMA to identify trends and potential reversal points. When the
DMA crosses above the price chart, it can be seen as a bullish signal, and when
it crosses below, it's considered bearish.
• DMI (Directional Movement Index)
o The Directional Movement Index (DMI) is an indicator used to assess the
strength and direction of a trend. It consists of two lines: the Positive Directional
Index (+DI) and the Negative Directional Index (-DI).
o +DI measures the strength of upward price movement, while -DI measures the
strength of downward price movement. A crossover between these two lines
can signal potential trend changes.
• Donchian Channel
o Created by Richard Donchian, the Donchian Channel is a volatility-based
indicator used to identify potential breakouts and support/resistance levels. It
comprises an upper band (the highest price over a specified period) and a lower
band (the lowest price over the same period).
o The main Fibonacci Pivot Points include support levels (S1, S2, S3) and
resistance levels (R1, R2, R3). Traders use these levels to make trading decisions
based on price reactions around them.
• Force Index
o Introduced by Alexander Elder in his book, Trading for a Living, Force Index uses
price movement and volume to identify the force behind price movements as well as
spot possible changes in trend. Force Index measures the buying/selling pressure via
three elements namely direction, extent and volume of a stock’s price movement.
The three elements fluctuate in the positive and negative territory as the balance of
power shifts. The commonly used period for force index is 13-day.
o Traders use the HMA to identify trends and potential reversals in a more
responsive manner compared to traditional moving averages.
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5.3 Indicator Feature
• Ichimoku
o A technical indicator that is used to gauge momentum along with future areas of
support and resistance. The Ichimoku indicator is comprised of five lines called the
tenkan-sen, kijun-sen, senkou span A, senkou span B and chickou span. This
indicator was developed so that a trader can gauge an asset's trend, momentum and
support and resistance points.
• Keltner Channels
o Keltner Channels are a volatility-based indicator created by Chester Keltner.
They consist of three lines: the middle line (typically an Exponential Moving
Average), an upper channel line (usually two times the Average True Range
added to the middle line), and a lower channel line (two times the Average True
Range subtracted from the middle line).
o The reasoning behind these signals is that stock prices tend to bounce off the bands.
Even though buyers and sellers will temporarily pressure a stock's price to its
extremes, it should re-stabilize to more realistic levels found within the envelope.
• Momentum
o Momentum is an oscillator used to evaluate the rate of change of price movements
or the speed at which the price is changing. Momentum traders look for short-term
price movements in a stock.
• Momentum (%)
o Momentum (%) is an oscillator that measures the rate of price change over a
specified period. It calculates the percentage change in price from one period to
the next.
o Traders use Momentum (%) to identify potential trend strength and overbought
or oversold conditions. High positive values indicate strong upward momentum,
while low or negative values suggest weaker momentum.
• Money Flow Index (MFI)
o While OBV looks solely at the flow of up- and down- volumes in and out of a
security,Money Flow Index (MFI) also takes into account the actual price change and
hence measures the strength of money flowing into and out of the security. MFI
works on the concept that a price change based on a small volume traded is not as
significant as the same price change but based on a much bigger volume. Thus, it is
conceptually similar to RSI as it is a momentum indicator that measures a security's
inherent strength or weakness.
• Moving Average
o Due to traders' frequent change of sentiment, positional plays and profit taking, the
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5.3 Indicator Feature
price of a security swings wildly over time. This results in a sometimes-difficult
interpretation of the actual price trend of the security. Moving Average (MA)
attempts to tone down the fluctuations of stock prices into a smoothed trend -
without compromising the overall direction of the price movement-so that
distortions are reduced to a minimum.
o MACD gets its name from the fact that the shorter MA is continually converging
toward and diverging from the longer term-one. Like MA, MACD is a trend-following
indicator that simply tell you what the prices are doing (i.e. rising or falling) so that
you can invest accordingly.
o Traders use the WMA to capture short-term trends and identify potential entry
and exit points in the market.
• On Balance Volume (OBV)
o The importance of volume is often overlooked in the study of technical analysis.
However for many analysts, volume is considered as important if not more
important than the price movement. Joseph Granville is such an analyst who
believes that volume is the cause and price is the effect. This belief led to the
development of the On Balance Volume (OBV), which is an indicator that measures
the flow of volume in and out of a security.
o OBV is calculated in two steps. First, each day's total volume is deemed as being
positive or negative depending on whether prices closed higher or lower for the day.
If prices closed higher, the total volume is positive; and vice versa. Second, each
day's positive or negative volume is summed in a running cumulative total.
o The higher the step is set, the more sensitive the indicator will be to price changes. If
the step is set too high, Parabolic SAR will fluctuate above and below the price too
often. This will make the interpretation difficult. The maximum step controls the
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5.3 Indicator Feature
adjustment of Parabolic SAR as the price moves. The lower the maximum step is set,
the further the trailing price stops will be from the price.
o Wilder recommends setting the step at 0.02 and the maximum step at 0.2. In a rising
market, the stop is continually being raised, never lowered. In a declining market,
the opposite will hold true.
o Traders use the PPO to identify potential trend changes and crossovers. When
the PPO crosses above zero, it can indicate a bullish crossover, while crossing
below zero can signal a bearish crossover.
• Pivot Points
o A pivot point is an average of prior trading period’s high, low and close price. There
can be many pivot points to estimate the support and resistance of a stock. Trading
above the pivot point is seen as bullish while trading below the pivot point is seen as
bearish.
o Traders use PVT to confirm price trends. When PVT confirms an uptrend with
rising prices and increasing volume, it can be a bullish signal. Conversely, in a
downtrend, falling prices with declining volume can be confirmed by PVT.
• Price Channels
o Price Channels are a technical analysis tool that consists of two parallel lines
drawn above and below the price chart. The upper line represents resistance,
and the lower line represents support.
o Traders use Price Channels to identify potential price ranges and breakout
opportunities. When prices approach the upper channel line, it may indicate
resistance and a potential reversal. Conversely, prices approaching the lower
channel line may suggest support and a possible bounce.
• Price Rate Of Change (ROC)
o It is a well-recognized phenomenon that prices surge ahead and retract in a cyclical,
wavelike motion. This cyclical action is the result of the changing expectations as
bulls and bears struggle to control prices.
o Price Rate of Change (ROC) displays this wavelike motion in an oscillator format by
measuring the difference between the current price and the price n-periods ago
either in points or as a percentage. ROC calculates the rate at which a security price
changes over a given period of time. As price increase, ROC rises; as price falls, ROC
falls. The greater the change in prices, the greater the change in ROC.
o RSI was intentionally designed to address the erratic movement flaw often
associated with momentum indicator. For example, if one has a 20-day oscillator and
20 days ago the price moved up or down dramatically, the current reading will be a
misleading low or high reading. The RSI formula attempts to smooth out such
distortions.
• Stochastics
o George Lane observed that for a specified period, as prices increase, closing prices
have a tendency to be ever nearer to the highs of the period. Similarly, as prices
move lower, closing prices tend to be closer and closer to the lows for the period. In
the late 1950s, he developed a price velocity technique to determine the
relationship between the closing price of a security and its price range over a
defined period of time (e.g. 5 days). This technique is known as Stochastics.
o Stochastics is a momentum indicator and its value oscillates between 0 and 100. In
an up market, Stochastics value increases towards 100 and conversely goes down in
a down market. With the definition of upper and lower levels, overbought and
oversold signals are generated when the indicator extends beyond these levels.
o Traders use Stochastic RSI to gauge the momentum and strength of a trend.
Values above 80 indicate potential overbought conditions, while values below
20 suggest potential oversold conditions.
• SuperTrend
o The SuperTrend indicator is a trend-following tool that helps traders identify
potential trend directions and reversals. It places a line above or below the price
chart, indicating the current trend direction.
o As a rule, volume can be somewhat turbulent and due to some large trades
("games" of the large institutional traders). With the moving average applied to
volume it can smooth out those single fluctuations so it is becomes possible to
evaluate the general direction of the volume (i.e. increasing or decreasing) for visual
analysis as well as to receive a representation of volume trend for further use in
other indicators and trading systems.
o Traders use VWAP to identify potential support and resistance levels and to
assess the effectiveness of their own trading strategies in relation to the
average market price.
• William %R
o Developed by Larry Williams, Williams' %R is a momentum indicator that measures
overbought/oversold levels which has a similar concept with the Stochastic. But
compared to Stochastics, Williams' %R is plotted on an upside-down scale (the
multiplier is -100 instead of 100). Another different is that Stochastics has internal
smoothing, but Williams' %R does not have on
• Zigzag
o Zigzag is a technical indicator that helps traders identify price reversals and
significant price swings by connecting highs and lows on a price chart with
diagonal lines.
o Traders use the Zigzag indicator to filter out smaller price movements and focus
on the most significant price changes. It can be helpful for identifying potential
support and resistance levels.
o Traders use ZLMACD to identify potential trend changes and crossovers. It can
provide quicker responses to price movements compared to traditional MACD.
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5.3.1 Improvements on the indicator Feature
1
3
6 5
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5.4 Using Different Chart Types
You are able to view the plotted chart in 3 different ways by clicking on Candlestick, Bar Chart or
Line Chart button on top of the chart:
Line Chart
Bar Chart
Candlestick Chart
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5.5 Save chart
It is important to save all your written analysis, drawings and comments of the stock. After you have
saved it for the first time, the stock chart will be opened with everything you saved previously.
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5.6 Labeling data
Click on the data label button to activate the data label showing function. Data label will be
constantly visible when the user moves the mouse cursor on top of the chart.
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5.7 Drawing lines
To make analysis easier, you can draw regression line, horizontal line, normal line, parallel line or a
box in the chart.
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5.8 Adding comments
Adding comments to a chart can help you to record and recall what you have observed. Besides, it
will be good too if you are sharing the chart with someone else later and you would like to provide
your own insights and comments in it.
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5.9 Changing colour setting
You can change the colour setting for all of the chart elements. To change the colour, click on Colour
button before you insert or add the chart elements. You can also select any drawing on the chart,
and change the colour using the below.
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5.10 Fibonacci drawing tools
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5.11 Redo/Undo actions and Removing chart elements
There are two solutions if you have mistakenly edited the annotations on the chart or if you want
to remove it.
This is the Undo and Redo button, you can click on these
buttons to either undo or redo the drawings.
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5.12 Enlarging the chart
To view with maximize chart area, click on Max. View to enlarge it.
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5.13 Price adjustment setting
Corporate actions such as Bonus issue, Dividend, Right issue and Stock split will be shown as a bell
on chart. You can enable or disable any corporate action adjustment on your chart here.
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5.14 Saving and Printing Chart
Save all your comments/annotation, lines etc. that you have drawn on the chart as an image file
(image format).
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5.15 Navigating the chart
Charts are plotted over a period of time. You can navigate the chart using those navigating buttons.
Click on this Backward arrow to Select this palm icon, then click
move backward, click on and drag on chart to move
Forward arrow to move forward or backward as you like.
forward.
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5.16 Zooming in and out of the chart
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5.17 Adjust display period of chart
You are given the flexibility to choose between the following viewing duration for the chart:
- 1 month
- 3 months
- 6 months
- 1 year
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5.18 Changing the chart time frames
You are able to view intraday (tick, 1 min, 5 min, 10 min, 15 min, 30 min, hourly), daily, weekly and
monthly chart.
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5.19 Performance chart
Add any stock into the Performance Chart from stock listing window or by the search function, click
and drag the vertical line to select a starting point, and check the return% for the time being.
Return%
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6. Sector info
Sector Info Panel provides the company Sector, Industry, Market Capital, Shares Outstanding
and other information at a glance. Below are the example shown in Bursa.
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7. Dividend
Able to show All, Upcoming, Today and Historical dividend according to the market.
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