Forex Trader Pro is a popular forex trading platform that provides traders with an easy-to-use interface and powerful tools to manage their trades. One of the key features of Forex Trader Pro is the ability to move candles forward or backward, which can be useful for analyzing past price action or simulating potential trades. In this article, we will explain how to move each candle forward/backward on Forex Trader Pro in detail.
Step 1: Select the desired chart
Before you can move candles forward or backward, you need to select the chart you want to analyze. Forex Trader Pro provides a range of chart types, including line, bar, and candlestick charts. To select a chart, navigate to the ‘Charts’ tab in the main menu, and choose the currency pair and time frame you want to analyze.
Step 2: Click on the ‘Chart Options’ button
Once you have selected the chart, you need to click on the ‘Chart Options’ button located in the top right-hand corner of the chart. This will open a drop-down menu with a range of options for customizing the chart.
Step 3: Choose the ‘Style’ tab
In the ‘Chart Options’ drop-down menu, select the ‘Style’ tab. This will display a range of options for customizing the appearance of the chart, including the color scheme, font size, and line thickness.
Step 4: Enable ‘Scrolling’
To move candles forward or backward, you need to enable the ‘Scrolling’ feature. This feature allows you to drag the chart left or right to view past or future price action. To enable scrolling, check the box next to the ‘Scrolling’ option in the ‘Style’ tab.
Step 5: Use the mouse to move candles
Once scrolling is enabled, you can use the mouse to move candles forward or backward. To move a candle forward, click and hold the left mouse button on the chart and drag the cursor to the right. To move a candle backward, click and hold the left mouse button on the chart and drag the cursor to the left.
Step 6: Adjust the time frame
Moving candles forward or backward can also affect the time frame of the chart. For example, if you move a candle forward by one hour on a 1-hour chart, you will be viewing the price action from one hour in the future. To adjust the time frame of the chart, use the ‘Timeframe’ drop-down menu in the main menu. This will allow you to view price action on different time frames, such as 5-minute, 15-minute, or 1-hour charts.
Step 7: Analyze the price action
Moving candles forward or backward can be useful for analyzing past price action or simulating potential trades. For example, if you are backtesting a trading strategy, you can use the scrolling feature to move the chart forward and test the strategy on historical price data. Alternatively, if you are analyzing a recent trade, you can move the chart backward to see how the price action developed leading up to the trade.
Conclusion
Moving candles forward or backward on Forex Trader Pro is a simple yet powerful feature that can help traders analyze past price action and simulate potential trades. By following the steps outlined in this article, you can enable scrolling and use the mouse to move candles forward or backward on the chart. Whether you are backtesting a trading strategy or analyzing a recent trade, this feature can provide valuable insights into the market and help you make better trading decisions.
