×

Sign up and get MultiCharts free

Use its powerful simulation mode with data included out of the box. Just fill out the form and start honing your trading skills with a few clicks.

Changes - MultiCharts

Changes

Jump to navigation Jump to search

Working with Studies

483 bytes added, 09:42, 20 September 2013
# Select either an individual study or multiple studies. To select multiple studies, hold down the CTRL button and select each study.
A study's color is defined in its PowerLanguage Script.  To edit the colors, use the reserved words [[<span style="color: red;">'''LINK'''</span> SetPlotColor]] and [[<span style="color: red;">'''LINK'''</span> SetPlotBGColor]] .
<br>
 
== Formatting Studies ==
An Input is a constant used in the study's calculations. Studies can have one or more inputs, or none at all. Each input is assigned a name.
There are three types of inputs: Numeric, True/False, and String. Studies can be modified by changing the input Values. Most, but not all, studies use input values.  Learn more about [[Default_Study_Properties|Default Studies Inputs]].
One of the main advantages of using inputs is that the study's logic can be changed by simply changing the input values. Editing the study's code is not required. The inputs can be modified before and after the study has been inserted.
# Select the '''Enable Alerts''' check box under the '''Alerts'''.
# In the '''Alert Conditions Check''' section, select whether the alerts will be triggered '''On Bar Close''' or , '''Every Tick''' or '''Once per bar'''.
<br>
# Check the SMTP Server authentication data checkbox if your SMTP server requires authentication to send emails. (Usually, if your email account requires a login and password, you need to check this box.)
# Enter the '''User name''' and '''Password'''. (This is usually your email login and password.)
# Press the '''Test''' button to send a test email.<br>If the sending process has been successful a message will appear in the pop-up window: <br>http[[File://www.multicharts.com/img/wiki/Messages/AlertEmailOKerr1.gif]] <br>If the sending process has been unsuccessful a message will appear in the pop-up window: <br>http[[File://www.multicharts.com/img/wiki/Messages/AlertEmailFailederr2.gif]]
# Press '''OK''' to close the '''E-mail Alert''' window.
<br><div style="background-color: #E3FBE5;">'''Example of Email Alert Message'''<br>01.10.2008 17:48:50 (alert time and date) <br>Source: Bollinger Bands (study that triggered alert) <br>Symbol: ESZ8 (traded symbol name) <br>Resolution: 1 Tick Bar (resolution used) <br>Price: 1157,5000 (price value at the moment when defined conditions has been met) <br>Message: Price crossing over lower price band (Message carrying information about the study condition that has been met)</div>
Learn more about [[#Formatting Studies|Formatting Studies]].
 
<br>
 
== Settings a Study Style in the Real-Time Market Scanner ==
 
From MultiCharts 8.8 beta 1 it is possible to change the style of the studies applied to the Real-Time Market Scanner. Color, Alignment, plot format and number of decimals can be changed.
 
To change the style of the plots:
 
# Right-click anywhere within the '''Study's''' column, excluding the header,
# Select '''Format Study'''. The Format Study window will appear,
# Turn to the '''Style Tab'''.
 
Alignment types available:
# Right,
# Center,
# Left.
 
Format types available:
# Same as instrument,
# Number,
# Currency,
# Percentage,
# Date,
# Time,
# Text.
<br>

Navigation menu