Studies [SOLVED]
Studies
Hello All. Is there a reference that gives a quick rundown on the purpose of each study in the same manner that the Multicharts user manual describes the purpose of each drawing tool? Multicharts manual does a good job of explaining how to implement studies, but I couldn't identify what type of technical analysis the studies are used for. I know a few from using NT but not all. Thanks.
- TJ
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Re: Studies
The basic studies are pretty standard stuff -- MACD, Stochastic, RSI, Bollinger Bands: you can find lots of books and websites on how to implement them.Hello All. Is there a reference that gives a quick rundown on the purpose of each study in the same manner that the Multicharts user manual describes the purpose of each drawing tool? Multicharts manual does a good job of explaining how to implement studies, but I couldn't identify what type of technical analysis the studies are used for. I know a few from using NT but not all. Thanks.
The other ones, eg. autotrendline, you just apply to the chart and that's it.
If you have specific questions on a specific indicator, please post your questions here.
You can also check the Knowledge Base:
https://www.multicharts.com/support/base/