Sentient Trader Charts

A chart is of course a graphic representation of a financial instrument's price over time. But in Sentient Trader it is more than that.

A Sentient Trader chart is:

A graphic representation of price over time, presented in one of six different Chart Styles.
A Chart View, which defines which cyclic tools are displayed on the chart.
The Phasing Analysis that has been performed on that chart.
The collection of Cyclic Tools which are derived from the phasing analysis.
Current Trades, and Trading Orders.
A Trading History.

All of this information is stored within the chart, and is referred to collectively as a Sentient Trader Chart.

When a Chart is opened (which happens when the Workspace which contains the Chart is opened), several important things happen:

Sentient Trader loads the data for the chart, and checks whether there is new data available.
If there is new data available Sentient Trader will re-evaluate the analysis. Depending upon the amount of time that has passed since the last full analysis, and the price movement that has occurred since that full analysis, Sentient Trader will either:
- Update the current analysis
- Perform a completely fresh analysis
If there is no new data then Sentient Trader will rebuild the cyclic model which includes elements such as the FLD's, VTL's and Multiple FLD Pattern Projections. This information is not stored in the workspace files because it would make those files very large. Rebuilding the cyclic model takes only 5-10 seconds.
Then Sentient Trader will evaluate the trading situation:
- If there is an open trade, Sentient Trader will monitor that trade and make decisions about exit levels for the trade
- If there is no open trade then Sentient Trader will make decisions about entering a trade.

There is a very important concept in the way in which Sentient Trader works, and that is the concept of continuity.

For information on how to move around your charts, change the chart style, and zoom in and out, take a look at these videos: