Indicator Properties

Last modified 13:38, 5 Nov 2012

Indicator Properties

Once you have applied an indicator to the chart, double right mouse click on the indicator, or the indicator label, to open its pop-up menu, and then select the indicator's Properties at the top of the menu:

propertiesdialogselectpopup.png

The Indicator's Properties dialog box will open.

The following is a typical indicator's dialog box, it has four tabbed pages:

Parameters tabbed page

The Parameters tab allows you to specify the periods and data fields used to calculate the indicator.

propertiesdialogmadsplcdtab1.png

The content of this tabbed page varies considerably among the different indicators, depending on the parameters and values that can be adjusted for each indicator. The parameters for each indicator are outlined in detail in the description of each indicator.

Note - One important point to be aware of is the Period relates to the interval of the chart used. For example, if the period is set to 21, when you are viewing a daily chart, the indicator will calculate the last 21 days of data. If using a monthly chart, the period will be 21 months.

Plots tabbed page

The properties on this page control the appearance of the indicator's display on the chart, for example, the color and line style used:

propertiesdialogmadsplcdtab2.png

Often the Indicator will have more than one independent line or histogram. In those cases all of the display of each of the different components  are controlled from this page. Use the drop down list to select each individual component and set values for each:

propertiesdialogsmultplotse.png

The display of individual plots can also be turned completely off by un-checking the Visible checkbox.

Scale - Setting and Appearance tabbed pages

Two tabbed pages often control the appearance of Indicators' scale.

Normally we think of an indicator's scale as its price scale, as we do with price charts. This is correct for the indicators that can be overlaid on the price chart. However, other indicators have scales based on volume, open interest, or the result of a mathematical calculation performed by the indicator itself. The latter are displayed in their own work area underneath the chart.

propertiesdialogmadsplcdtab3.png

Automatic Scale

Generally you should leave these settings at their defaults. However, you may notice in this dialog box that you can also set the scale when shown to Automatically Adjust, or set specific Top, Bottom, Minimum Unit and Maximum Unit values.

Link to Another Series Price Scale

Indicators which overlay the base series price chart are usually shown with the option Link to Another Series Price Scale turned on, and the base series symbol selected in the drop-down list below.

This is set to None for the indicators that do not overlay the base series.

Save Changes

Click OK when you have finished setting the indicator's properties, or Cancel to discard your changes.

Change Default

Click on the Default button to save the changes you have made as the system defaults for this indicator.

For more information go to the Changing Defaults topic in the Shared Utilities section of this help.

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