Charts are a valuable trading and analysis tool. Charts provide a concise picture of the price history of time series data, an indication of the relative volatility of a market, and an insight into factors that influence market behavior.

A tool that is commonly used to add meaning to a chart is a trendline. Trendlines are perhaps the most easily understood tool for technical analysis. A trendline is any manual or computer-aided drawing of a line to connect a series of peaks or a series of troughs on a chart. Both uptrends and downtrends in a market can be defined in terms of trendlines. An uptrend trendline, for example, can be drawn by connecting a series of higher lows in a chart. Alternatively, a downtrend trendline can be drawn by connecting a series of lower highs. The parallel lines drawn to enclose the trend are referred to as trend channels.

MIMIC provides users with advanced charting capabilities, including trendlines. Other charting options available in MIMIC's chart controls include the Zoom function (a function that allows users to capture and enlarge a smaller area of an existing chart) and the Mouse Pick function (a function that allows users to pick values from the chart).

The chart controls are only accessible within the Chart window. However, to create a chart, you must have first entered data criteria in the Data Builder.