In the Charting Window, there are more than 40 technical analysis studies to choose from. There are four ways to add a technical analysis study to an existing chart:
• | Use the Chart | Add Study menu on the main menu |
• | Use the Add Study menu on the right-click menu |
• | Use the Add Study button on the toolbar |
• | Press the [Insert] key. This will open a dialog where you can type the short name of the study |
The following types of studies are available:
Price studies
You can select between the following Chart types by right-clicking and Chart Types:
• | Line Chart
The line chart can display several possible values: |
• | Typical price - calculated as: (High + Low + Last) / 3 |
• | Weighted close - calculated as: (High + Low + Close * 2) / 4 |
Volume studies
The program supports the following studies. Read more about Volume studies.
• | Accumulation/Distribution |
• | Moving Average Volume (*) |
(*) Note: To get a Moving Average Volume, select the new Moving Average and select the Volume field in its properties.
Trend studies
The program supports the following studies. Read more about Trend studies.
• | Exponential Moving Average |
• | Keltner Channel (ATR Bands) |
• | Parabolic Stop and Reversal |
• | Triangular Moving Average |
Momentum studies
The program supports the following studies. Read more about Momentum studies.
• | Chande Momentum Oscillator |
• | Directional Movement ADX |
• | Directional Movement ADXR |
• | Directional Movement DI+/DI- |
• | Market Facilitation Index |
• | Moving Average Convergence Divergence (MACD) |
• | Relative Volatility Index |
Compare studies
A compare studies adds another price line for another symbol to the chart. In the Compare page of the properties dialog, press the Symbol button to search for and select the symbol you want to compare with. Then select the type of compare study you want in the combo box below. Given two symbols A and B, the available options are:
• | B - A (the difference between B and A) |
• | A - B (the difference between A and B) |
• | A * B (A multiplied by B) |
• | A+/-% - B+/-% (A and B indexed to 0 in percent) |
The default compare field will be set to the same as the main line, normally the last price. It can be changed in the line properties dialog in the parameters section.
Price Volume
Select this to toggle the presence of Price Volume bars in the chart. It can also be selected from the right-click menu of a vertical axis.
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