Defining Custom Indicators is done using the custom indicators screen. It is accessed through “Tools Navigator, Custom Indicators”.
The first screen, most frequently used, is where you define the indicator script. See additional help on the Language.
Select the current indicator in the left list.
When you press + or Edit (), you’re presented with the screen below
This screen enables you to define three kind of custom indicators:
- Indicator: Classical indicator displayed in the indicator view, like RSI
- Overlay: Overlay in the graph view, like Bollinger bands
- Trigger: Display, on the graph, symbols for Buy and Sell recommendations
At the bottom, you can enter any comments you want to explain the meaning or any other relevant information for the current indicator. This is optional.
Switching off the switch at the top of the screen invalidate the indicator, preventing it from appearing in the various menus. To validate it again, you’ll have to compile again.
Indicators or On Screen overlays can display up to 3 different curves. The three color wells on the left side define the colors for each of the curve. The text fields, nearby, define the thickness of each of the curves. Curve1 and Curve2 can either be bar chart or a simple curve. Note, for the curves, any number above 100 means a dashed line, i.e. 102 is a dashed line of thickness 2.
For each curve (or bar), you can define a name. This name will be displayed as a popup legend, shen the cursor is close to the curve. This is optional.
To define a new indicator, press “+”, enter a name, pick the type, enter your text in the instruction area and, optionally, in the comments area.
When you press “Compile”, a new window appears. It enables an instant check of either the program works or not. You can switch between graphical representation or raw data results.