Indicators

The Indicator Panel is used to add, edit and delete indicators in the open project. It is also used to change the settings for Point & Figure charts.

Open the Indicator Panel

There are two options, either:

• Select Indicators on the main menu, or click Indicator Panel on the toolbar.

Adding Indicators

• Select an indicator in the left column
• Edit the Indicator settings in the center panel
• Click > to save the indicator
• Click X to close

Daily, Weekly and Monthly Charts

Separate charts are created for daily, weekly and monthly views. With Incredible Charts you can, for example, add Daily indicators to a Monthly chart or Weekly indicators to a Daily chart.

• Use View on the main menu to change between Daily, Weekly or Monthly bars. Alternatively, use the drop-down menu next to     or    on the toolbar:  or click the F7, F8 and F9 shortcut keys.

Edit an Indicator

All selected indicators (for the open file) are displayed in the column on the right. To edit an indicator:

• Open the Indicator Panel 
• Select the indicator from the right-hand column.
• Amend the settings in the center panel. Use the up- or down- arrows or type over the existing numbers.
• Click > to save the new settings.
• Click X to close the Indicator Panel.

Delete an Indicator

• Open the Indicator Panel
• Select the indicator in the right-hand column
• Click < to remove the indicator
• Click X to close the Indicator Panel.

Indicator Smoothing

This is an advanced feature that enables you to smooth your indicator results or add a signal line with a moving average. Details can be found at Indicator Smoothing.

Indicator Slots Not Visible

If Indicator Slots Visible the top Indicator Slot includes a centered Click here to display all indicators when slots are not visible. The Visible Indicator Slots option, previously under View >> Advanced Options has been moved up a level onto the View menu for easier access.

Indicator Values - Display/Hide

To hide indicator values displayed in the right margin, right-click and select Hide Indicator Latest Values.

To restore, select View >> Advanced Options >> Show Indicator Latest Values.

Indicator Lines: Latest Value

The latest value for each Indicator Line is now provided to the right of each charts right axis. This value is always visible on the chart. The mouse-over provides the legend information for the particular Indicator Line:

Pre-set Indicators

To select a pre-set trading system, for example Multiple Moving Averages:

• Select File >> Open Project >> [Multiple Moving Averages]
• or select [Multiple Moving Averages] from the project tabs

Adding Relative Strength

The Relative Strength Indicator is set up using the Price Comparison Indicator.

1. Open the Indicator Panel:
   • Click Indicattors on the main menu, or
   • Click Indicator Panel on the toolbar.

   Select Price Comparison at the top of the left column.

   

2. Select an Index:
   • For example, select the S&P 500 [SPX] under Indexes or All Ordinaries [XAO] under Australia.
3. Amend the Default Settings in the Center Panel
   • Select Daily, Weekly or Monthly
   • Select Apply to Project if you want Realtive Strength to display all stocks; Apply to Security if you only want to display RS for the current stock.
4. Save and Close
   • Click > to save an indicator;
   • Click X to close the Indicator Panel

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