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Investor/RT
Tutorials
Technical Indicator Adjustment:
Selecting, Moving, Editing, Removing, Bringing to Front
This Tutorial will provide
valuable insight into...
- Selecting technical indicators
in charts, using both the keyboard and the mouse.
- Moving technical indicators,
both by dragging with the mouse, or by using the keyboard.
- Editing technical indicators,
using the preferences windows, the keyboard, or the mouse.
- Removing technical indicators
from a chart.
- Bringing technical indicator
to the front of other chart elements.
For additional information on individual technical
indicators, also see the Technical
Indicator Tour.
Selecting Technical
Indicators
The key to adjusting technical indicators is first being able to select the indicator
in the chart. There are two ways to accomplish this. You may
select the indicator by either clicking on it with the mouse, or by using
the "tab" key on your keyboard. The keyboard method is a
good option when either you find it difficult to select the indicator with
the mouse, you prefer not to use the mouse when not necessary, or the
indicator isn't currently visible in the chart window.
To select the indicator using the keyboard, simply
click anywhere in the chart, and then hit the "tab" key
repeatedly until you notice that your desired indicator is selected.
Different indicators undergo different transformations when selected, but in
general, they will take on a more inflated appearance. Trendlines
will become thicker. Moving averages will become thicker
with rings. Etc. Each time you hit the "tab" key, a
new indicator will be selected. If you mistakenly tab past your
desired indicator, you may Shift-tab to go back to it. As you cycle
through selected elements in your chart, you will receive feedback in the
Investor/RT message bar of which element is selected.
To select your indicator with the mouse, simply
click somewhere on the indicator itself. The indicator should
inflate slightly to indicate that it is selected. If you find it
difficult to select the indicator by clicking, or you don't see your
indicator in the window, use the tab key method above.
Moving Technical Indicators
Now that we know how to select an indicator, let's discuss how to move it
around in the chart. There are two classes of indicators involved in
this discussion. One class can be dragged to different positions
within a window pane. Indicators in this class would include
Trendlines, Fibonacci Retracements, Gann Angles, Horizontal and Vertical
Reference lines, Annotations, Regression lines, etc. The seconds
class can be dragged into a different window pane, but cannot be dragged
to a different position within the same window pane. This class
would include most of the indicators, moving averages, stochastics, MACD,
and all other indicators which compute values at each bar.
For either class, you would drag by simply clicking
on the indicator and holding the mouse down while you drag the indicator
to a new position. For indicators which can be dragged between
panes, you would either drag the indicator from one pane to another, or
drag the indicator into the horizontal scale along the bottom of the chart
to create it's own pane. After dragging an indicator into a pane
with another indicator or price data, you may want to double click in the
vertical scale along the right to bring up the scaling preferences to
verify they are set as you wish.
To move indicators, such as trendlines, around with
the same window pane, you may either use the keyboard or the mouse.
Let's use trendlines as an example. Trendlines have small circles at
each end representing the drag points. To drag either end of the
trendline to a different position, just click on that end of the
trendline, and hold the mouse down while dragging the endpoint to it's now
position.
Similarly, you may use the keyboard to move the
trendline. First, select the trendline using one of the methods
discussed above. Now, with the trendline selected, you may use the
up, down, right, and left arrows on your keyboard to move the trendline
around. For instance, pressing the right arrow button once will move
both the beginning and ending points on the trendline one bar to the
right. If you prefer to move only the begin point, you must hold
down the shift key while pressing the right arrow. If you wish to
adjust only the end point, hold down the Ctrl key while pressing the
arrows.
Editing Technical
Indicators
You can edit technical indicator properties through the preferences window
or directly from the keyboard. The most common way to edit a
technical indicators properties is by bringing up the "Update"
window for that indicator. There are three ways to accomplish
this. The first way, is to select the technical indicator using the
methods described above, and then press the "Enter" key on your
keyboard. The Update window will appear. You can edit any
associated properties and hit Apply or OK. The apply option gives
you the ability to apply changes repeatedly without closing the
window. You can also access the Update window by double-clicking on
the technical indicator. And finally, you can access the Update
window by clicking on the "Edit a chart element" button
in the chart toolbar.
Many indicators which involve a period, like moving
averages or stochastics, may be adjusted directly from the
keyboard. To be continued on Monday.....
Removing
Technical Indicators
There are two ways to remove a technical indicator from a chart
window. The easiest way is to just select the indicator, using one
of the methods described above, and then hit the "delete" key on
your keyboard. Alternatively, you can click on the green trashcan
icon on the
charting toolbar, select the element you would like to delete, and then
click "OK". If you would like to delete multiple elements
from the chart, you can select the element in the list, click the
"Apply" button, and then repeat the process. Also,
clicking the "X" in the upper right hand corner of the chart
window pane removes that window pane. In 4.9.5 and later, clicking
that "X" in the main window pane, will remove all technical
indicators from that pane and leave the instrument data in the pane.
Bringing Technical
Indicators to the Front of other Chart Elements
The drawing order is dictated by the order of elements you see in the
chart pane title bar. The element that is first in that list is the
one that will be drawn front-most in the window pane. In order to
adjust this order, just shift-click in the vertical scale of the window
pane. This action will cause the front-most element to be moved to
the back, and all other elements to be moved up one position. You
may have to shift-click multiple times to get the desired element to the
front of your window.
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