Customize Study - General

When using studies and indicators in a Chart or other analysis window, you can customize its properties so that these settings are used when the study/indicator performs a calculation. You can modify the name, short name, notes, maximum number of bars the study will reference, and more.

 Access using the Studies > Edit Studies or Studies > Edit Strategies menu sequence, highlight a study, click Customize, and then select the General tab.

Name  

 Contains the study/indicator name.

  • Enter the desired name in the Name box (if applicable).

Short Name  

Contains the abbreviated name for the study/indicator.

  • Enter the desired short name in the Short Name box (if applicable).

Notes  

Contains relevant notes pertaining to the study/indicator.

Base Study on  

Contains the symbols that are available in the active Chart Analysis window and allows you to change the symbol on which you want to base the study.

  • Select the desired symbol from the drop-down list to base the study on. The symbols and studies will still be plotted in the same subgraphs as they were prior to this modification; however, the study will now be calculated based on the symbol that you selected.

Maximum number of bars study will reference  

Displays the number of bars available to the study/indicator. For more information, seeMaximum Bars Back Setting and Maximum Number of Bars Study Will Reference Setting.

  • Auto-detect - Select this setting for TradeStation to detects the number of bars the study/indicator needs to calculate. By default, Auto-detect is selected.
  • User defined - Select this setting to manually set the number of bars to use for the study/indicator.

  • Update value intra-bar (tick-by-tick) - Check this setting to re-calculate the study/indicator on a tick-by-tick basis. If this check box is cleared, the study/indicator waits until the close of each bar (as determined by the data interval) before re-calculating. Not available for ActivityBars.  
  • Load additional data for accumulative calculations - This setting is displayed only when running a study that uses data for which historical values are available (e.g., Open, High, Low, Close) in RadarScreen. Click Details for more information on Loading Additional Data for Accumulative Calculations.
  • Enable RunCommand EasyLanguage Keyword - This option will appear only if the study contains code to execute a command line or order entry macro. Check this setting to allow macros to be executed by the study. Select whether macro confirmations are On or Off. Note that if the study is running on an option symbol then macro confirmations will appear regardless of this setting. (Macros executed by studies running on options symbols always must be confirmed.)

Currency based on  

For symbols where the US Dollar is not the base symbol. Determines the currency conversion value that the ProfitCF and LossCF reserved words return in the studies's EasyLanguage calculations when trading symbols that are based on a different currency than your trading account.

For example, if you're using a forex symbol such as USDJPY that trades in Yen and you have Currency Based on set to Account (where your account is based in U.S. dollars), the ProfitCF and LossCF words will return the currency conversion factor that can be used to convert Yen values to dollars. On the other hand, if you're  using the USDJPY forex symbol and have Currency Based on set to Symbol, the reserved words ProfitCF and LossCF will return 1 since no conversion is needed for Yen to Yen. 

 For more information, see Currency Conversion and Currency Conversion - Strategies And Studies.

  • Select the currency type from the drop-down list in which you want to base the calculated value for the study/indicator.

Default - Check this setting to use any changes that you made as your default setting.

Edit EasyLanguage - Launches the TradeStation Development Environment. If disabled, the option to edit a study in the TradeStation Development Environment is not available.

 Click OK to apply changes or Cancel to exit without changes.

Related Topics

Customizing Studies or Strategies