How to dynamically update the settings of an indicator

Difficulty

Section

Artificial Intelligence

How to dynamically update the settings of an indicator

Updated on 2012-05-18 04:38:58

Share |

Let us start by adding an indicator. Here is how:
How to add a trading indicator to a chart

After adding the simple moving average (SMA) indicator, QuantShare will create a formula and add it to your chart's pane.

You can update the period of SMA by updating the formula directly:

- Right click on the chart's pane
- Select "Edit Formula"
- Use "Left/Right icons" to select the "Simple Moving Average" formula (A pane contains one or several formulas)
- Update the formula

Example:

a = sma(50); // Period set to 50 bars
plot(a, "sma", colorred, chartline, stylesymbolnone);

Alternatively, you can update the period dynamically by following the next steps:

- Click on the third icon at the top of the chart's pane
- Select "Simple Moving Average"
- Update the value next to "timePeriod" (Use the slider or type a value directly in the input box)

Notice how the moving average is automatically updated each time you change that "timePeriod" value.

Update the settings of an indicator

Update the settings of an indicator

Nb: To specify high values (above slider max), type the number directly in the input box then hit ENTER.

Try QuantShare trading software for FREE

no reviews (Log in)

Other how-to articles

How to dynamically change the number of positions in a portfolio?

How to plot a time-series that do not update the chart scale

How to change volume bar colors when the price closes down

How to create a volatility-based Stop - Dynamic stop based on the Average True Range

How to plot the relative performance of several stocks/indices

How to add a trading indicator to a chart

How to optimize the stop limit of a trading system

How to create a custom trading indicator

How to get stocks for a particular index using the global script


Product QuantShare Features Create an account Affiliate Program	Support Contact Us Trading Forum How-to Lessons Manual	Company About Us Privacy Terms of Use Copyright © 2024 QuantShare.com	Social Media Follow us on Facebook Follow us on Twitter Follow us on Google+ Trading Items

Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.