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Help Menu > Indicators > Indicator Add/Edit
Help A - Z > I - I > Indicator Add/Edit

Indicators

The Indicator Panel is used to add, edit and delete indicators in the open project. It is also used to change the settings for Point & Figure charts.


Hint Indicators are saved to your Project
When you save >> an indicator it is saved in whichever project file is open on the project tabs.

You do not need to save using File commands.

Open the Indicator Panel

Select Indicators on the main menu to open the Indicator Panel.

Adding Indicators

momentum indicator panel
  • Select an indicator in the left column.
  • Adjust the indicator's settings in the center panel.
  • Click to save the indicator.
  • Click to close the Indicator Panel.

Daily, Weekly and Monthly Charts

Separate charts are created for daily, weekly and monthly views. With Incredible Charts you can, for example, add Daily indicators to a Monthly chart or Weekly indicators to a Daily chart.

  • Use the View menu to change between Daily, Weekly or Monthly bars. Alternatively, use the F7, F8 and F9 shortcut keys, or use the drop-down menu on the toolbar:
drop-down menu

Hint When adding indicators that appear on the price chart, be sure that you have the required Daily, Weekly or Monthly chart in view. The indicator will be added to whichever chart is open.

Edit an Indicator

All selected indicators (for the open file) are displayed in the column on the right. To edit an indicator:

  • Open the Indicator Panel
  • Select the indicator from the right-hand column.
  • Amend the settings in the center panel using the up- or down- arrows or type over the existing numbers.
  • Click to save the new settings.
  • Click to close the Indicator Panel.

Hint If you are going to amend indicator settings in a file, save a backup version (under a different name) using Save File As command.
Also, Backup your settings on a regular basis.

Delete an Indicator

  • Open the Indicator Panel
  • Select the indicator in the right-hand column
  • Click to remove the indicator.
  • Click to close the Indicator Panel.

Hint When deleting indicators that appear on the price chart, be sure that you have the required Daily, Weekly or Monthly chart in view. The indicator will be deleted from whichever chart is open.


Hint You cannot remove all indicators from the right column of the Indicator Panel. The default settings, shown in the right column below, cannot be deleted.

indicator panel

Indicator Smoothing

This is an advanced feature that enables you to smooth your indicator results or add a signal line with a moving average. Details can be found at Indicator Smoothing.

Pre-set Indicators

To select a pre-set trading system, for example Multiple Moving Averages:

  • Select File >> Open Project >> [Multiple Moving Averages]
  • or select [Multiple Moving Averages] from the project tabs

Adding Relative Strength

The Relative Strength Indicator is set up using the Price Comparison Indicator.


Hint Indicators are saved to your Project
When you save an indicator it is saved in whichever project file is open on the project tabs. You do not need to save using File commands.

  1. Open the Indicator Panel and select Price Comparison at the top of the left column.

    price comparison panel

  2. Select an Index:
    • For example, select the S&P 500 [SPX] under Indexes or All Ordinaries [XAO] under Australia.
  3. Amend the Default Settings in the Center Panel
    • Select Daily, Weekly or Monthly
    • Select Apply to Project if you want Realtive Strength to display all stocks; Apply to Security if you only want to display RS for the current stock.
  4. Save and Close
    • Click to save an indicator.
    • Click to close the Indicator Panel.

Hint When adding indicators that appear on the price chart, be sure that you have the required Daily, Weekly or Monthly chart in view. The indicator will be added to whichever chart is open.



 
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