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Chart Study Parameters

In our chart studies there are many adjustable parameters, but what do they all mean?

Period: The time over which the chart study is being calculated.

Offset: The number of periods between the current time, and displaying the study.

Weight: The degree to which a study is weighted by the set factor. i.e. the sensitivity.

Exponent: Similar to weight, adjusting this parameter changes the sensitivity of the study.

Deviation: Selected value of standard deviations away from mean.

Deviance: Percentage difference the set standard deviation(s) is (are) from the mean.

Percentile/Percentage: % difference from the mean value, again changes the sensitivity of the study.

Signals: Some chart studies show signals, these can be turned on/off while viewing the study.

Acceleration: Similar to weight, adjusting this parameter changes the sensitivity of the study.

Position: The number of order book values shown either side of the current price.

Width: The width of the bars displaying the data of the study on the chart.

Line Break: Changes sensitivity of the study.

 

Some chart studies also have a choice between different Moving Averages.