NeedForTrade Blog
NeedForTrade Studio Blog

Technical Analysis Features

November 2, 2007 13:14 by Support

NeedForTrade Studio is shipped with more than two hundred built-in analysis techniques: indicators, strategies, functions, drawing tools and so on. All of them come with complete source code so you can analyze them, use as examples.

 

Indicators Corresponding Help Topic

Indicators are used to visualize results of technical analysis. Platform supports different types of indicators:

 

  • Line
  • Histogram
  • MultiLine
  • Unrestricted indicator (useful for data analyzing purposes - indicator is able to analyze whole data range to calculate all it's all values at once)

Indicator style on the chart can be finely tuned.

 

Screenshot (click to view larger image):

image image image image

image

 
Alerts

Alerts let to notify user about specific event (e.g. when an indicator value meets user-specified conditions). Several types of notifications are supported:

 

  • Visual alerts
  • Sound alerts
  • Alert log

 

Screenshot (click to view larger image):

image

image 

   
Strategies Corresponding Help Topic

Strategies let to define a set of trading rules to make trading decisions. NeedForTrade Studio supports two types of strategies:

 

  • Closed-bar strategy (makes trading decisions on bar close)
  • Real-time strategy (trading decisions can be made on tick-by-tick basis)

On chart strategy style can be adjusted according to your needs.

 

Screenshot (click to view larger image):

image image image image

image

 
On-Chart Drawing Tools Corresponding Help Topic

Wide range of on-chart drawing tools is shipped with the NeedForTrade Studio: Andrew's pitchfork, arrow up, arrow down, line, rectangle, circle, ellipse, text, vertical line, horizontal line, Fibonacci cycles, Fibonacci speed/resistance arcs, Fibonacci speed/resistance fan, Fibonacci trend-based price extension lines, Fibonacci trend-based time lines, Gann square, percent retracement. Style of every drawing tool can be finely tuned (colors, line sizes, text fonts, etc.).

 

Screenshots (click to view larger image):

image image image image image image image image image

You can create your own on-chart drawing tools. It's as simple as to create an indicator. image


Be the first to rate this post

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
Tags:
Categories:
Actions: E-mail | Permalink | Comments (0) | Comment RSSRSS comment feed

Related posts