Product / Percent Change Mode

The main task for trader, who wants to benefit from intermarket analysis, is to discover latent or visualize well-known interrelations between economies, market sectors, stocks, indices and other market instruments. Relative movements between them can be seen on traditional chart. Percent Change mode is used with multiple overlapping charts to compare relative movements between the charts.

Percent change mode is used when you want to follow prices on charts with percent scale. This option can be quite convenient in situation, when the prices of certain securities are figures of different orders, but you still want to compare their movements. The same is with market indices, which are calculated in different ranges, but have an impact on one another.

When working in percent change mode, all charts rise from the same point - zero level, and then the percent changes of prices are reflected. So it is one more AmpleSight tool for exploring interconnections between market instruments. It enables to reveal direct and indirect relations, the degree of correlation, and thus, make certain predictions for future.