Prodigy Perpetual Futures User Guide
  • Welcome to Prodigy Perpetual Futures
  • Account & Wallet Management
    • Connecting your wallet
    • Managing your account details
    • Disconnecting your wallet
  • Deposits & Withdrawals
    • Depositing into your account
    • Withdrawing from your account
  • Orderbook & Chart
    • Viewing the orderbook
    • Placing an order from the orderbook
    • Viewing the chart
  • Orders
    • Overview of orders
    • Placing a market order
    • Placing a limit order
    • Placing a stop market order
    • Placing a stop limit order
    • Placing a trailing stop order
    • Placing a take profit market order
    • Placing a take profit limit order
    • Placing a bracket order
    • Managing open orders
    • Viewing filled orders
    • Viewing order history
    • Viewing payments
  • Positions
    • Choosing positions
    • Opening positions
    • Closing positions
  • Portfolio
    • Viewing your portfolio
    • Managing your portfolio
      • Profile & Settings
      • Transactions
      • Portfolio
      • Copy address
      • Switch wallet
    • Viewing your open positions
    • Viewing your portfolio history
    • Viewing your investment
    • Managing notifications
  • Markets
    • Selecting a market
    • Market details
  • Ladder
    • Overview
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  1. Orderbook & Chart

Viewing the chart

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Last updated 2 years ago

Charts are essential tools for traders and investors, as they allow for the analysis of market trends and price movements, which helps inform investment decisions.

A financial chart includes technical analysis tools and indicators that help trader identify trends, support, and resistance levels, and other market patterns. Some of these indicators include moving averages, trend lines, and relative strength index.

The chart displays price and volume activity for the selected instrument, with options for viewing activity for the:

  • last 24 hours (default)

  • last 1 week

  • last 1 month

  • last 3 months

  • last year

  • MAX

You can change the chart view from selecting between:

  • Index Price

  • Mark Price

  • Predicted Funding Rate

  • 24h Volume

The mark price is usually updated in real-time during trading hours and can change frequently, depending on market conditions. It is an important indicator for traders and investors, as it provides an estimate of the fair value of a futures contract or option at a particular point in time.

The index price is calculated by taking the weighted average of the prices of all the stocks included in the index. The weight of each stock is determined by its market capitalization, which is the total value of all the outstanding shares of a company.