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* An indicator is applied to a particular data series, and can be displayed either in the same chart as the series or in another SubChart. A signal can only be applied to the series with the Data #1 and is displayed in the same chart as the series. If a parameter, such as symbol or resolution, of the data series on which the study is based, is changed, the study will be recalculated and redrawn. If the series, on which a study is based, is deleted, the study will be turned off.Studies can be '''Inserted''' (added) into, or '''Removed''' from a chart, and turned '''off''' and '''on'''. A list of all studies, inserted into a Chart Window, can be viewed according to type. Indicators can be '''Hidden''', '''Redisplayed''', and '''Moved''' between SubCharts. The '''Visual Order''' in which the indicators are displayed on the chart can be changed.
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* 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.
* A '''Signal''' is a mechanical technical analysis tool, used to systematically specify market entry or exit points according to a set of trading rules implemented in the signal's algorithm. The trade points are indicated on a chart by ticks and arrows. Signals can be viewed as the basic building blocks of strategies.
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