The Chart Compare tool

This tool allows the trader to compare the performance of two instruments. A stock against and index, a stock against a stock, an index against gold…. everything is possible.

These are the advantages of the Chart Compare tool:

An simple way to compare performance.
Performance in percent (%) makes every comparison easy.
Applicable to any market.
Applicable in any time frame.
It is FREE

The two curves are plotted together in one sub window, below the main chart.

Two trading examples

This example shows the sub window of trader looking at the S&P 500 future. The trader compares S&P 500 (red line) with the Eurostoxx future FESX (blue line) over a period of twelve months. The Eurostoxx lost -3,07% whereas the S&P grew by +16,07% over the same period.

Compare markets when trading.

This example compares Microsoft stock (red line) with the Dow Jones market index (blue line) over a period of 5 years. Microsoft added +338,19% whereas the Dow Jones added +87,33% over the same period.

Microsoft versus the market.

Practical implementation

Open the chart of the instrument you wish to trade.
In the WHS Proposals folder, select the study Chart Compare.
In the Designer Dialog, double-click on the study 'Simulation' in the Indicators section. Select the instrument to which you wish to compare your main chart.

Trading platform compares charts.