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To learn more see [[Using_Studies_(PowerLanguage_Editor)#Creating Indicators|Creating Studies]].
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 can also be moved by the following method:
# Position the mouse pointer over the 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.
# Release the mouse button to complete moving the indicator.