Using Studies: Difference between revisions
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To learn more see [[Using_Studies_(PowerLanguage_Editor)#Creating Indicators|Creating Studies]]. | To learn more see [[Using_Studies_(PowerLanguage_Editor)#Creating Indicators|Creating Studies]]. | ||
Studies can be divided into Indicators and Signals: | Studies can be divided into Indicators and Signals: | ||
* An '''Indicator''' is a visual technical analysis tool, used to analyze market conditions and identify and forecast trends and market patterns. An indicator is a visualization of a mathematical formula, and consists of one or more '''Plots''' – lines, histograms, series of points or crosses, highs and lows, left and right ticks, or a combination of the above. Indicators are computed using only price, volume, and (occasionally) open interest data. | * An '''Indicator''' is a visual technical analysis tool, used to analyze market conditions and identify and forecast trends and market patterns. An indicator is a visualization of a mathematical formula, and consists of one or more '''Plots''' – lines, histograms, series of points or crosses, highs and lows, left and right ticks, or a combination of the above. Indicators are computed using only price, volume, and (occasionally) open interest data. | ||
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An indicator can also be moved by the following method: | An indicator can also be moved by the following method: | ||
# Position the mouse pointer | # Position the mouse pointer over the indicator or the Status Line of the indicator to be moved; | ||
# Once the '''Pointer''' [[File:Pointer.png]] changes into a '''Hand''' [[File:Hand.png]], hold the left mouse button and drag the indicator to another SubChart. | # Once the '''Pointer''' [[File:Pointer.png]] changes into a '''Hand''' [[File:Hand.png]], hold the left mouse button and drag the indicator to another SubChart. | ||
# Release the mouse button to complete moving the indicator. | # Release the mouse button to complete moving the indicator. |