The chart is where you will spend most of your time on RumiEX. It is where you read the market, mark your levels, check your indicators, set alerts and place trades. This guide walks through every part of the charting workspace — what each tool does, how to use it well, and how the pieces fit together into a practical routine.
If you are new to chart reading itself, start with our technical analysis guide and come back here to see how to apply it on the platform.
The workspace at a glance
The RumiEX trading screen is organised into a few areas:
- The top bar shows the selected instrument, its live price and change, your account balance (with a switch between demo and live accounts), and quick links to deposit and withdraw.
- The chart toolbar holds the timeframe buttons, the chart-type selector and the "Add chart" button for split view.
- The drawing toolbar contains the drawing and annotation tools, plus controls to undo, redo, lock drawings and go full screen.
- The chart itself, with price on the right-hand axis, time along the bottom and the live price line.
- The trading panel on the right, where you set up trades, and the trades and orders lists.
Choosing an instrument
Click the instrument name in the top bar to open the selector. Instruments are grouped by asset class — currencies, crypto, commodities and stocks — and each shows its live price and change. Instruments marked OTC are quoted by RumiEX's own pricing engine rather than taken from an external exchange, and are available around the clock. The markets page lists everything currently available.
Chart types
RumiEX offers five ways to draw the same price data. Switch with the chart-type selector or the keyboard shortcuts 1–5:
| Shortcut | Chart type | Best for |
|---|---|---|
| 1 | Candlestick | Reading open, high, low and close at a glance — the default for most traders |
| 2 | OHLC | The same four prices as bars; some traders find them less visually noisy |
| 3 | Line | The big picture — joins closing prices only |
| 4 | Area | A line chart with shading, useful for a clean overview |
| 5 | Bar | A simple histogram of closing prices |
Changing the chart type keeps your zoom and position, so you can flick between views without losing your place. Our guide to reading candlestick charts explains what each candle tells you.
Timeframes
Seven timeframes are available: 1m, 5m, 15m, 1h, 4h, 1D and 1W. Switching timeframe reloads the history for that interval and keeps the chart live.
Two practical tips:
- Pick a main timeframe that suits your schedule, and use a higher one for context. Our guide to multi-timeframe analysis explains the approach.
- Use split view (below) to keep the higher timeframe visible while you work on the lower one.
The live price and candle countdown
The current price is shown as a line across the chart and highlighted on the price axis. The rightmost candle is the forming candle: it updates as new prices arrive and is only final when its period ends.
The candle countdown shows how long the current candle has left. It is a useful guard against one of the most common chart-reading mistakes — acting on a candle that looks like a pattern halfway through its period but closes as something else.
Feed status: knowing your price is live
RumiEX streams prices to the chart over a live connection. Above the chart you can see the connection status, and the chart shows a clear warning if prices haven't updated for a while — for example, "Prices haven't updated in 60s. Orders may be rejected until the feed recovers."
This matters because a frozen price can look completely normal on screen. If you see the warning, don't place orders until prices are updating again. The app reconnects automatically. Our article on how real-time market data works explains why stale data is such a hidden risk.
Indicators
Open the Indicators menu to switch indicators on. RumiEX includes:
Overlays on the price chart
- SMA 20 and SMA 50 — simple moving averages for short- and medium-term trend context.
- EMA 20 — an exponential moving average that reacts faster to recent prices.
- Bollinger Bands — a 20-period average with bands two standard deviations above and below, which widen and narrow with volatility.
- VWAP — the volume-weighted average price.
Readouts
- RSI — momentum on a 0–100 scale, with 70 and 30 as conventional overbought and oversold levels.
- MACD — the relationship between a fast and a slow exponential moving average.
- ATR — average true range, a measure of volatility in price units.
- Stochastic — where the close sits within the recent range.
Indicator lines update as the current candle forms. You can also toggle Volume to show a volume histogram beneath price.
Choose indicators deliberately: one trend tool plus one momentum or volatility tool is usually enough. Our technical indicators guide explains how each one is calculated and where each tends to mislead.
Drawing tools
The drawing toolbar on the left of the chart lets you mark up the market. Core tools include:
- Trend lines — connect swing highs or swing lows to visualise a trend.
- Horizontal lines — mark a precise price level.
- Rectangles — shade a support or resistance zone rather than a single line, which is usually more realistic. See support and resistance explained.
- Fibonacci retracements — mark common retracement levels between a swing low and a swing high.
- Elliott Wave annotations — label wave structures.
- Text and callouts — add notes to the chart.
Further shapes and pattern tools are available in the drawing toolbar. A few handling tips:
- Select a tool, then click on the chart to place it; drag handles to adjust.
- Undo and redo are in the toolbar if you make a mistake.
- Lock drawings to stop them moving accidentally while you scroll or zoom.
- Clear removes drawings when a chart gets cluttered — a clean chart is easier to read.
Split view: two charts side by side
Click Add chart to open a second chart beside the first. Common uses:
- Two timeframes of one market — for example the daily for context and the 1-hour for entries.
- Two related markets — for example two currency pairs that share a currency, to see whether a move is specific to one.
Each chart has its own timeframe and settings.
Price alerts
Price alerts let you step away from the screen without missing the levels you care about. Create an alert by choosing a price and whether you want to know when the market goes above or below it. When the condition is met, the alert is triggered and appears in your alerts list.
Good uses for alerts:
- The edge of a support or resistance zone you've marked.
- A breakout level above a range.
- The level where your planned setup would trigger.
Alerts are one of the most effective tools against overtrading and FOMO, because they remove the need to watch every tick. See FOMO and revenge trading.
Managing your alerts
Review your alerts list at the start of each session. Delete alerts for levels that no longer matter, and replace triggered ones only if the level is still relevant. A short list of meaningful alerts is far more useful than dozens of stale ones that fire constantly and train you to ignore them.
Full screen and theme
- Full screen expands the chart to fill your display — useful for detailed analysis.
- RumiEX supports light and dark themes, and the chart follows your choice.
Navigating the chart
- Zoom with your mouse wheel or trackpad to see more or fewer candles.
- Drag the chart sideways to scroll back through history; the chart loads past candles for the selected timeframe.
- The crosshair follows your cursor and shows the exact price and time at that point — useful for reading a candle's values or measuring where a level sits.
- Return to the latest price by scrolling back to the right edge, so the forming candle is in view before you trade.
When you change instrument or timeframe, the chart resets its view to show recent price; switching chart type or toggling indicators keeps your current zoom.
Common charting mistakes
- Cluttered charts. Five indicators and twenty lines make every decision harder. Remove anything you don't actively use.
- Drawing lines, not zones. Price rarely turns at an exact tick. Rectangles around key areas are more realistic than single lines.
- Forgetting the higher timeframe. A level on the 5-minute chart may be irrelevant next to a nearby level on the daily chart. Mark higher-timeframe levels first.
- Acting on the forming candle. Check the candle countdown and wait for the close when your setup depends on it.
- Ignoring the feed status. If the chart says prices haven't updated recently, don't trade until they have.
- Leaving old drawings in place. Levels that price has moved far away from distract more than they help. Clear them regularly.
A practical charting routine
Putting the tools together, a simple pre-session routine might be:
- Pick your instrument and open the higher timeframe (for example 1D).
- Mark structure with rectangles for key zones and a trend line or two. Lock the drawings.
- Add one trend indicator (for example SMA 50) and one volatility or momentum indicator (ATR or RSI).
- Open split view with your trading timeframe (for example 1h) on the second chart.
- Set price alerts at the zones where your setups would trigger.
- Step away until an alert fires, then check the setup against your trading plan before placing an order.
From chart to order
When a setup appears, the trading panel on the right is where you act. You can place market, limit and stop orders with a stop-loss and take-profit, or Up/Down fixed-time trades. Our order types guide explains each option, and our article on Up/Down fixed-time trades explains how those work and the risks involved.
Practising with the charts
Every RumiEX account includes a funded demo wallet, so you can learn every tool in this guide with live prices and no risk. See the demo account guide, or open a free account to start.
Key takeaways
- Five chart types (shortcuts 1–5) and seven timeframes from 1 minute to 1 week.
- Overlays: SMA 20, SMA 50, EMA 20, Bollinger Bands and VWAP; readouts: RSI, MACD, ATR and Stochastic.
- Drawing tools include trend lines, horizontal lines, rectangles, Fibonacci retracements and Elliott Wave labels — lock them once placed.
- Split view shows two charts side by side; price alerts notify you above or below a level.
- The candle countdown and feed-status warning help you avoid acting on unfinished candles or stale prices.
Frequently asked questions
Which chart types does RumiEX support?
Five: candlestick, OHLC, line, area and bar. You can switch between them from the chart-type selector or with the keyboard shortcuts 1 to 5.
Which timeframes are available?
1 minute, 5 minutes, 15 minutes, 1 hour, 4 hours, 1 day and 1 week.
Which indicators are built in?
SMA 20, SMA 50, EMA 20, Bollinger Bands and VWAP as overlays on the price chart, plus readouts for RSI, MACD, ATR and the Stochastic oscillator.
Can I see two charts at once?
Yes. The 'Add chart' button opens a split view with a second chart, which is useful for watching a higher timeframe alongside your trading timeframe, or two instruments at once.
How do price alerts work?
You choose an instrument, a price and whether you want to be alerted when price goes above or below it. When the condition is met, the alert is triggered so you don't need to watch the chart continuously.
What does the 'prices haven't updated' warning mean?
It means the chart hasn't received a new price for a while. RumiEX shows it so you never mistake a frozen price for a live one. The app reconnects automatically; avoid placing orders until prices are updating again.
Sources and further reading
- Japanese Candlestick Charting Techniques — Steve Nison, New York Institute of Finance (1991)
- New Concepts in Technical Trading Systems — J. Welles Wilder Jr., Trend Research (1978)
- Bollinger Bands — John Bollinger, BollingerBands.com
Written and reviewed by the RumiEX Editorial Team. This article is for education only and is not financial, investment or tax advice. Read our editorial standards.