Hi canbu,
Could you define what you mean by fast-running? How large of a display and how large of a wave-form are we talking about? It's definitely possible, but depending on your needs, this may require a custom Widget that draws directly into the framebuffer; Something we've done for customers in the past to deliver specialized waveform/graph screens. We have examples of how to do standard graphs, but these are antialiased "Canvas" objects while drawing pixels straight into the framebuffer using interpolation could be faster.
Edit: Here's a simple application that shows how to use the Canvas Graph.
http://sw-center.st.com/touchgfx/TouchGFX/Community/GraphApplication.zip
Let me know!
Best regards,
Martin