Indicators

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Indicators

There is a comprehensive selection of Indicators available within Your SOFTWARE.

They can be accessed and applied from the Indicators Access Panel.

Click on the Indicators butn_indicators.gif button in the Function Bar of any price chart and Your SOFTWARE's array of Indicators will be displayed in the Access Panel in the lower half of the Page Monitor bar.

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Alternatively, you can detach a floating Indicators Palette, see below on right, from the Indicators Access Panel.

For more information on using the access panel and detaching palettes from it, go to the Access Panel help topic.

Click on the links below for a details of the Indicators available and information about the group that they are in.

Your SOFTWARE has both Price indicators (preceded by a red P) and Fundamental indicators (preceded by a blue F).

Your SOFTWARE has both price indicators, and comparative indicators. Price indicators use the price data of single symbols and apply a mathematical equation to produce the indicator's display. Comparative indicators use the price data for two symbols, and mathematically compare or apply them against each other to create the indicator.

For information on how indicators can be displayed, go to the Displaying Indicators help topic.

Price Indicators

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Price Indicators can be organized into the following groups:

 

Momentum Indicators

Indicators in the Momentum group are produced by algorithms using financial data related to the direction of trading and its relative amplitude over time.

For more information, click on Momentum Indicators.

Moving Average Indicators

Indicators in the Moving Average group are produced by algorithms using financial data related to the volume of trading for an instrument over time.

For more information, click on Moving Average Indicators.

Oscillator Indicators

Indicators in the Oscillator group are produced by algorithms using financial data related to the volume of trading for an instrument over time. 

For more information, click on Oscillator Indicators.

Trend Indicators

Trend indicators identify the direction of trends by providing an objective measure of the direction of the trend. The price data is normally smoothed and as a result these indicators tend to lag price changes and are therefore considered to be lagging indicators. These indicators obviously work best when market are trending strongly in either direction.

For more information, click on Trend Indicators.

Volatility Indicators

Indicators in the Volatility group are produced by algorithms using financial data related to the volume of trading for an instrument over time.

​For more information, click on Volatility Indicators.

Volume Indicators

Indicators in the Volume group are produced by algorithms using financial data related to the volume of trading for an instrument over time. 

​For more information, click on Volume Indicators.

Comparative Indicators

The following comparative indicator requires the user to provide two symbols which will be compared against each other.

Comparative Indicators List

Trailing Stop Indicators

The following stop indicators will signal entry and exit points based on various Trailing Stop mechanisms.

For more information, go to the Trailing Stop group topic.

ValueGain Features Set Fundamental Indicators

A group of indicators based on Fundamental criteria is also included. The fundamental criteria and data are common to the ValueGain features set.

Fundamental indicators are produced using fundamental data supplied by the exchanges. The data is plotted on an appropriate graph or diagram.

For more information on the Fundamental indicators that are available in Your SOFTWARE, go to the Fundamental Indicators help topic.

Futures/FX Indicators

The Pivot Point Indicator is part of the Futures/FX features set and is designed specifically for trading futures contracts.

The Pivot Point indicator is part of the Trend Indicator Group.

Using Indicators with Charts

The indicators in the top group of the Indicator's palette, are overlaid on the price chart.

Those in the bottom group do not refer to the price chart's price data and therefore have a different scale on the y-axis. Each of these indicators will be displayed in it's own small work pane, at the bottom of the price chart's work area.

All Indicators have similar formatting control features allowing the user to control the display of the indicator.

Go to the Indicator Properties help topic for more information.

Using Indicators in Scan Criteria

The same mathematical algorithms that produce the indicators' display on a chart are available for use when creating scan criteria for Scans.

Users can define the indicator's criteria which will trigger a response when the scan is run.

Signals

Signals are produced by a specific indicator's mathematical calculation to detect a certain market or price situations. The exact settings are modified to achieve the preferred result.

Signals are given meaningful names to indicate their purpose. They are available for creating scan criteria and save users the work of setting scan criteria for common purposes.

For more information, as well as a list of the indicators for which Signals are available, go to the Signals help topic for more information.

Favorites Access Panel

Users can add the indicators that they use most frequently to the Favorites access panel.

To add a feature to the Favorites panel, right click the icon and then select Add to Favorites:

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The selected item will be added to the Favorites panel.

For more information, go to the Favorites Access Panel topic.

Detach Indicator Palette

To open the floating Indicator Palette, select Detach from the Indicator Access Panel's pop-up menu:

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The Indicator Palette will open and float above the price chart's work area.

The palette can be resized and repositioned using the mouse cursor.

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