Quickly Measure Time & Change (Hold Shift + Click the Chart)This chart shows the price of Crude Oil (CL1!) over the last few years. It is a daily chart and we're going to use it as an example to show you how to quickly measure the time and price change of any asset.
Today, major news came out of the Middle East about a conflict that involves the US, Iran, and Iraq. The news had oil spiking higher. However, when you zoom out, you can see a much bigger move has already been in motion since crude oil bottomed in late 2018. Since that day, more than 375 days ago, crude oil is up 48%.
Measuring the distance and change of an asset is easy. Press and hold "Shift" on your keyboard and click on the chart. This measurement tool will show you price change, percentage change, total bars, and time. Follow these steps:
Step 1 - Open a chart for an asset you're interested in.
Step 2 - Hold "Shift" and click on the chart from where you want to measure.
Step 3 - Drag your measurement point to any distance you need.
We hope you enjoyed this chart and quick tip. If you enjoyed it, press Like or leave a comment.
TradingView Tips
How to Track the Market Cap of a CompanyWe created this chart showing how Apple's price and market cap changed over the course of 2019.
Market cap is calculated by multiplying the price per share of an asset by the number of shares outstanding. Market cap shows how much an asset is worth as a whole. For example, today Apple's market cap is above $1.2 trillion.
You can create your own market cap chart by following these steps:
Step 1 - Open a chart for a stock you follow.
Step 2 - Find and press the "Financials" button at the top of the chart.
Step 3 - Search Market Capitalization and press it.
Step 4 - A chart will appear showing the company's market cap!
If you found this written tutorial helpful, please press Like or comment below with your feedback or suggestions. Thanks for being a member of TradingView and we have more tips and tricks coming to help you get started.
How to Compare the Year-To-Date Performance of Any Two AssetsWe created this chart to show the year-to-date performance of Bitcoin (candlesticks) compared to the year-to-date performance of the S&P 500 (orange line). Here's how you can create a chart like this to compare assets and their year-to-date performance:
Step 1 - Create a chart for the asset you're interested in by typing its name into the search box.
Step 2 - Press the YTD (year-to-date) button at the bottom of the chart to set its time frame.
Step 3 - Press the 'Compare' button at the top of your chart and select the assets you want to compare.
Step 4 - Your chart will now show two assets and their YTD performance in percentage terms.
As 2019 comes to an end, this simple solution shows what assets performed best, worst or shared interesting correlations. Traders and investors can use this to reflect on lessons learned or gain insights into what the new year could bring.
If you enjoyed this quick written lesson, please press Like and Share it with a friend. If you want to see more like it, write in the comments with your questions and feedback!