AP1 Week 7 Vocabulary Reference

A complete set of vocabulary flashcards covering the TradingView platform, market types (ES1!/MES1!), drawing tools, chart reading settings, and paper trading terminology for AP1 Week 7.

TradingView

A charting platform you open in your browser, where price is drawn as candles and you can watch, mark, and practice.

Non-professional subscriber

An individual using data for personal use, not for a firm and not registered in the industry.

Professional subscriber

A person or firm that uses market data for business, or who is registered in the industry, carrying higher data fees.

Delayed data

Price shown a set number of minutes behind the live market, about $10$ for futures; free and suitable for learning and replay.

Real-time data

Live price with no delay; for futures it requires the CME data subscription.

CME data

The real-time data subscription for futures like ES, NQ, and gold, costing approximately $7$ a month at the non-professional rate.

Chart

The large central area where price is drawn as candles and the main stage for studying market movements.

Header

The line at the top of the chart that names the market, including the ticker, full name, exchange, and type (e.g., ES1!).

Top bar

The strip across the top of the chart holding the symbol box, timeframe, chart type, indicators button, and Replay.

Search box

The box where you type a ticker to pull up any market and access its chart.

Timeframe

How much time each candle holds, ranging from $1$ minute to $1$ day, set on the top bar.

Right panel

The strip down the right side of the screen that holds the watchlist and the details panel.

Watchlist

A short list of the markets you follow, sitting together in the right panel.

Details panel

TradingView's information card for one symbol in the right panel, used to read key numbers and headlines.

Price and change

The last traded price and its movement from the prior close in points and percent ($\text{red}$ for down, $\text{green}$ for up).

Open or closed

Indicator of whether the market is currently trading.

Bid and ask

The best price a buyer will pay and the best a seller will take, including the number of contracts available.

Day's range

The lowest and highest price recorded so far in today's trading session.

52-week range

The lowest and highest price recorded over the past year.

News

Recent headlines tied specifically to the selected market.

Forward curve

A futures-only view of price across future months.

Price bar

The column of prices down the right edge of the chart (also called the price scale) representing the "how much".

Time bar

The strip of dates and times along the bottom of the chart (also called the time axis) representing the "when".

Date-range buttons

The row near the bottom ($1D$, $5D$, $1M$, $3M$, $6M$, $YTD$, $1Y$, $5Y$, All) that jumps the chart to a chosen span of time.

Symbol

The short code for a market, like ES1! or GC1!, typed into the search box.

ES1! and MES1!

The S&P $500$ e-mini and its smaller micro version.

Continuous contract

One long, self-updating chart marked with an exclamation point that always shows the current front-month futures contract.

Front contract

The contract that is most active right now, which ES1! displays at any given time.

The roll

The automatic handoff from an expiring contract to the next active one.

Market overview pages

TradingView pages that show multiple markets at once for a quick read of the whole market.

Bar Replay

A tool that rewinds the chart to a past day to step through it one candle at a time for backtesting.

Backtesting

Practicing market reading on historical days using Bar Replay with nothing at stake.

Toolbar

The strip of drawing tools along the side of the chart.

Favorites toolbar

A small floating toolbar of starred tools always kept one click away.

Level

A price where the market has reacted before, paused, bounced, or turned.

Horizontal line

A flat line drawn across the chart at one price, used for marking levels or prior highs/lows.

Horizontal ray

A flat level that begins at one specific candle and runs to the right.

Prior high and prior low

The recent swing high ($SH$) and swing low ($SL$) prices that serve as support and resistance points.

Magnet mode

A setting that snaps drawings to the exact high, low, open, or close of the nearest candle.

Trend line

A diagonal line between two points showing the slope of a move, drawn along higher lows or lower highs.

Rectangle

A box drawn around a zone or range where price reacted around an area rather than a single price.

Screenshot

A captured image of the chart taken from the camera icon for journaling or sharing.

Chart type

How price is drawn, including options like candles, bars, and line; every type shows the same market differently.

Heikin Ashi

A candle-like type that averages price to smooth the chart, hiding true open and close prices.

Data line (OHLC readout)

The line at the top of the chart showing the exact open, high, low, and close of the candle hovered over.

Layout

A saved chart configuration including type, colors, timeframe, and marks that opens exactly as left.

Lower and higher timeframes

Lower timeframes are small slices ($1$ to $15$ minutes) for detail; higher timeframes (hour to daily) provide a wider view.

Trend

The direction of the whole move, best seen by stepping back to a higher timeframe.

Regular trading hours (RTH)

The busy daytime session when the market is most active.

Electronic trading hours (ETH)

The nearly around-the-clock futures session running from the evening open through the next day.

Paper trading

A simulated account in TradingView using real prices and fake money for practice.

Balance

Settled cash currently in the account once trades are closed.

Equity

The current worth of the account, calculated as balance plus or minus open positions.

Realized P&L

The locked-in profit or loss from trades that have already been closed.

Unrealized P&L

The floating profit or loss on currently open positions.

Margin

The deposit set aside to hold a position; account margin is tied up, while available funds are free.

Order ticket

The interface where an order is built, including buy/sell, unit count, type (market, limit, stop), and exits.

Market order

An order that takes the best price currently available for a quick fill.

Limit order

An order that waits to fill only at a specific named price or better.

Stop order

An order that triggers once price reaches a set level, often used to cap a loss.

Spread

The gap between the buy price and sell price, representing the cost of immediate execution.

DOM (the ladder)

Depth of market; a live column showing buy and sell orders resting at each price level.

Tick value

The dollar amount of the smallest possible move; for MES, it is $1.25$ per tick.

Trade value

The full value of the contract controlled, distinct from the margin used to hold it.

Leverage

How a small margin controls a larger position, often shown as a ratio like $500:1$.

Trading Journal tab

The automatic log of trades within TradingView, separate from a written Daily Read.