To add an indicator it is necessary to use the Control Panel (see the relevant chapter for more information)

Here we are going to explain step by step the operations necessary to add an indicator to a chart. These are similar to those required to add a study, or a trading system.

To add an indicator to any internal window do the following:

1. Access the Control Panel in any of the ways described previously. In this case, to add a new indicator, the quickest method consists in selecting respectively the menu entry "Indicators" => "Available" from the pop-up menu which appears by pressing the right hand mouse key when the cursor is in any of the internal window.
   Another way is to select the entry "Available Indicators" from the menu "Studies" of the main program window.

2. Position the cursor on the table "Available Studies" in the Control Panel. This is what the program does automatically anyway.

3. Select the type of object (in this case, an Indicator) by pressing the icon on the top toolbar. This step is also accomplished by the program when accessing to this function via the two ways described above.

4. Select the required indicator from the treeview in the Control Panel.

5. Set the mandatory properties for the indicator (a very common one is the number of periods). If you have assigned the wrong value to some properties, or not all the mandatory properties have been set, the program will show an error message and it is not possible to continue unless everything is correct.

6. Set the internal window where you can draw the indicator on the table "position" in the detail property section in the Control Panel. It is possible to decide to draw the indicator on an existing window or on a new one above or below the chart window.

7. Now it is possible to draw the indicator in one of the following two ways:

   • Pressing the button "OK" or "Apply" in the Control Panel

   • Double click on the Indicator name in the Treeview. You will notice the cursor icon will change, becoming like    . Position the mouse cursor on the destination window and click with the left hand mouse button on it. The indicator will be automatically drawn and added to the treeview.

Some indicators characteristics .

Some indicators can be based on a series of values of another indicator, and not only on the historical price series. It is therefore possible to draw a moving average of an indicator.

To do that, it is necessary to use the second of the methods indicated above (using the double click) and pointing the mouse on the "father" indicator on the chart. (and not directly on the internal window). The mouse pointer will become like     if the selected indicator can be the "father" of the one you are about to draw (most indicators are suitable to be the "father" of a Moving Average). If the indicator cannot become the father, then the mouse will become like this =>     .   .

When this operation is possible, click with the left mouse button on the indicator, to draw for example its Moving Average.

Also the children indicators are automatically added to the treeview structure in the control panel, with a naming convention.

Indicators Naming convention.

The names of the indicators built on other indicators will have a Ref. prefix. (which stands for Reference), followed by the Reference Indicator Name (father). Supposing to have drawn the Moving Average of an RSI, its name could be as following :

Ref. RSI Oscillator P10, S, C, Vs 0, Hs 0 => Window #1

More in general :

• "Normal" Indicators
  
  Name + Main property and its value + window where it has been drawn.
  
  Example:
  For a RSI built using a period of 14 and drawn inside "Window#1" it will be:
  
       RSI Oscillator P 14 => Window #1

• Indicators of Indicators
  
  "Ref." + Name Father Indicator + Main properties and their values + window
  
  Example:
  For a simply Moving Average of 10 periods built on an RSI and drawn inside Window #1, it will be :
  
       Ref. RSI Oscillator P10, S, C, Vs 0, Hs 0 => Window #1