Indicators listed below are the names of the standard built-in indicators accessible from the Indicator section dialog shown in the Creating Indicators topic section.
An addition list of built-in indicator calculations are listed here: Indicator Pack 1 Indicators
•Examine the fields in the dialog that are colored with a white background.
•Enter, or change the value shown where necessary.
•Decide if the indicator will be appear as a indicator on the price chart.
Indicator Names: |
Descriptions: |
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Accumulation/Distribution |
Volume-based momentum indicator |
J. Welles Wilder's trend strength indicator |
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Average True Range |
EMA of the True Range. Computes a simple moving average to start, then an exponential moving average. |
Average True Range Simple |
SMA of the True Range |
Bar History Value |
Historical Value of the indicator |
Bar Plot Color |
This is a special type of indicator that is only used by the SetSeriesColorStyle function to dynamically set the color of the bars on the trade chart. This indicator has no values and does not plot itself. Turn Plotting ON and Display OFF. |
Bar Value |
Value assigned to the indicator like "High + Low / 2" |
Bollinger Bands
John Bollinger 's description of his indicator is available at this link location:
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This indicator uses the last name of John Bollinger. This indicator is a pair of lines that are created by adding or removing the a multiple of the standard deviation of the Close price over a period of prices. |
Bollinger Lower - Is the Lower channel of the Bollinger band |
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Bollinger Upper - Is Upper channel of the Bollinger band. Uses a Standard Deviation based channel width from an EMA (Exponential Moving Average). Both the StdDev and EMA are computed in the alternate fashion, with the bar 1 values as the prime value. |
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See Calculated Indicators for more information |
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DI- - Negative Directional Indicator |
J. Welles Wilder's Negative Directional Indicator |
DI+ - Positive Directional Indicator |
J. Welles Wilder's Positive Directional Indicator |
EMA Alternate |
Exponential Moving Average of the Value that primes with the Value itself on bar 1 and uses the EMA smoothing constant only. |
Exponential Moving Average |
Exponential Moving Average of the Value that primes with a simple moving average of the Value, and then uses the EMA smoothing constant thereafter. |
Highest Value |
Highest Value for N bars |
Keltner Lower |
Lower channel of the Keltner Band. |
Keltner Upper |
Upper channel of the Keltner Band. Uses an atr based channel width from an EMA. Both the ATR and EMA are computed in the alternate fashion, with the bar 1 values as the prime value. |
Lowest Value |
Lowest Value for N bars |
MACD-Convergence Divergence |
MACD for the value. The short moving average minus the long moving average. Uses the simple moving average to prime the short and long exponential moving averages. |
MACD Alternate |
Alternate version of the MACD, using the bar 1 value as the prime value rather than using a simple moving average. |
Midpoint |
Price that is the value between the current price, and the price at the offset price bar. |
Range |
Returns the range value of the highest-high to lowest-low from bar prices within the range. |
Parabolic SAR |
J. Welles Wilder's entry and exit indicator |
RSI - Relative Strength Index |
J. Welles Wilder's movement momentum indicator |
Simple Moving Average |
Simple Moving Average of the Value |
Standard Deviation |
Standard Deviation of the value of n-Bars |
Standard Deviation Log |
Standard Deviation of the log of the ratio bar change over n-Bars |
Stochastic Oscillator |
%K Stochastic Value for n-Bars |
Stochastic Oscillator Full |
Smoothed Stochastic |
Stochastic Oscillator Slow |
%D Stochastic Value for n-Bars |
Links: |
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Calculated Indicators, Creating Indicators, Custom Indicators, Indicator Access, Indicator Reference |
See Also: |
Edit Time: 1/5/2021 4:40:55 PM |
Topic ID#: 160 |