How to make indicator and signal calculation results the same: Difference between revisions
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How to make indicator and signal calculation results the same (view source)
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Signal calculation values are often compared to the indicator plot using the same function. | Signal calculation values are often compared to the indicator plot using the same function. | ||
In order to have relevant results for comparison you need to follow this simple guide to make indicator and signal calculation results the same. | In order to have relevant results for comparison, you need to follow this simple guide to make indicator and signal calculation results the same. | ||
'''Make sure signal and indicator have the same settings:''' | '''Make sure the signal and indicator have the same settings:''' | ||
* First | * First, base the calculation of the studies on the same number of bars. | ||
# To set the number of bars that '''signal''' will reference: | # To set the number of bars that the '''signal''' will reference: | ||
## Click '''Format''' in the main menu of MultiCharts; | ## Click '''Format''' in the main menu of MultiCharts; | ||
## Select '''Strategy Properties'''; | ## Select '''Strategy Properties'''; | ||
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## Click the '''Format''' button; | ## Click the '''Format''' button; | ||
## Turn to the '''Properties''' tab; | ## Turn to the '''Properties''' tab; | ||
## Under '''Max | ## Under '''Max number of bars study will reference''' select '''User specified''' and enter the number of bars.<br> | ||
* On historical data indicator is calculated on bar close values only. There are [[How Signals are Calculated|multiple historical data calculation modes]] for the signal. In order indicator and signal historical calculations to match IOG and Bar Magnifier should be disabled for the signal. | * On the historical data the indicator is calculated on the bar close values only. There are [[How Signals are Calculated|multiple historical data calculation modes]] for the signal. In order for the indicator and signal historical calculations to match, IOG and Bar Magnifier should be disabled for the signal. | ||
If the signal is calculated tick by tick, i.e. IOG is enabled for the signal, the | * If the signal is calculated tick by tick, i.e., IOG is enabled for the signal, the '''Update on every tick''' feature should be enabled for the indicator in order to make the realtime calculations match. | ||
To enable the '''Update on every tick''' feature: | To enable the '''Update on every tick''' feature: | ||
# Click '''Format''' in the main menu of MultiCharts; | # Click '''Format''' in the main menu of MultiCharts; | ||
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# Check the '''Update on every tick''' checkbox. | # Check the '''Update on every tick''' checkbox. | ||
* '''Realtime-History Matching''' should be enabled/disabled (upon necessity) for both signal and indicator. Please see detailed instructions | * '''Realtime-History Matching''' should be enabled/disabled (upon necessity) for both the signal and indicator. Please see detailed instructions in the [[Realtime-History Matching]] section. | ||
<div style="background-color: #E3FBE5;">Note: | <div style="background-color: #E3FBE5;">Note: The indicator and signal should be based on the corresponding data series and have the same input values.</div> | ||
* If indicator and signal settings are the same | * If the indicator and signal settings are the same then calculation results should be equal. | ||
[[Category:FAQ]] | [[Category:FAQ]] | ||
