This content is provided in support of the Safety in the Market (SITM) module for Your SOFTWARE and may not be applicable to your package. For more information, go to the Modules topic of this help.
The Teaching facility is one of Your SOFTWARE's most effective educational features.
It uses the split screen functionality to display and explain the relationship between swing charts and ordinary bar charts and other types of charts. See Using the Teach Facility.
The relationship of indicators to swing charts as opposed to price data charts, and the comparative effect on their display, can also easily be analyzed in the Teach facility.
You can open the teach window by selecting Teach from the Tools drop down sub-menu:
The Teach facility uses split screen functionality to display multiple graphical representations of the same symbol. (The normal split screen functionality allows a multitude of different symbols to be displayed in the chart page).
The first step in the Teach facility is to select the common symbol:
The initial Teach chart page will be a split screen with the common symbol displayed as a swing chart on the left and a bar chart on the right:
Each chart can be selected, a blue line will highlight its perimeter.
Once selected, the charts function bar tools can be used in a manner similar to all other charts in Your SOFTWARE. The function bar is the same as the Split Screen function bar and operates in the same way.
Likewise, double right mouse clicking on the chart area will open the Chart Properties pop-up menu, and selecting the current chart series, indicator, axis, etc and double right mouse clicking will open that chart item's parameters dialog box.
The function bar is divided into two parts: Chart specific tools on the left and common navigation controls on the right:
First select a chart, then select any of the chart specific tools to manipulate it.
The functionality of these tools are the same for any other price chart, refer to the Chart Page Window topic for more information on using these tools.
The navigation controls apply to all charts at the same time.
Use its buttons to go to the start of all data (oldest), go backward, go forward, or go to the end of all data (most recent).
You can also use the calendar function to select a day from which to display backward:
Uses of the Teach FacilityThe Teach facility is particularly helpful in demonstrating the relationship between swing charts and price charts, but it can also illustrate how indicators will display differently for the two types of charts.
This is the primary function of the Teach facility.
The initial bar chart can be changed to the other types of price charts, and they can be compared with the swing chart.
In addition the time swing chart can be compared with a point swing chart and the parameters for the swing charts can be changed and compared as well.
The Teach screen is an ideal environment for these comparisons because the same common symbol is always employed.
Another useful function of the Teach Facility is to demonstrate how indicators will display differently for swing charts and price chart.
Applying indicators is the same as for ordinary charts, refer to the Displaying Indicators topic for more information.
Here is an example of a 5 day Momentum indicator applied to both types of chart:
Note how the swing chart eliminates "noise" for both the chart and the indicator.