EzyChart 7 includes numerous well known and specialised indicators that can be applied to a chart at the click of a button. For simplicity, indicators selected from the Indicator menu have been configured for the most common parameters and logical placement. However, the Advanced menu also includes tools for manually positioning indicators and the Properties screen contain user-configurable options.

What do you want to do?:
• Add an indicator from the Indicator menu
• Overlay an indicator onto a panel
• Open an indicator in a new panel
• Change an indicators properties

The Indicator menu is found on the ribbon and includes six groups of indicators.

These groups are:
• Indicators - contains the more popular and well-known indicators and oscillators.
• Price Lines - draw a simple line indicating a data value. This could be the close line that plots the close prices of each interval or an average like the typical line that adds the High, Low and Close prices and divides the total by 3.
• Equity Index - overlays the exchange indexes; sector and/or industry group index for the chart you have opened.
• Jim Berg - specialised indicators created by Jim Berg.
• Daryl Guppy - specialised indicators created by Daryl Guppy.
• Alan Hull - specialised indicators created by Alan Hull.

You access selections in these groups by clicking on their drop-down arrows to display the list of indicators then click on the appropriate indicator to apply it to your workspace.

To add the MACD indicator:
1. Open a chart.
2. Select the Indicators tab from the Ribbon menu.

   

3. Click on the Indicators drop-down icon to display the list of indicators.

   

4. Click the MACD indicator.

   

The MACD indicator will be added to your workspace in its own panel. If you would prefer to have the MACD overlayed onto your chart, go to Overlay an indicator onto a panel. If you want to change the parameters of this indicator refer to Change an indicators properties.

If you want to manually add indicators to your charts and have some say to where they are positioned then you need to use the Advanced tab on the Ribbon menu. The Custom Indicators group on this tab lets you choose whether you want to place an indicator into its own panel or overlay it on another panel.

The following instructions will show you how to overlay a MACD indicator onto your price chart.
1. Open a chart.
2. Select the Advanced tab from the Ribbon menu.

   

3. Click in the panel where you want the MACD to be overlayed. In this example it is the candlestick price chart.
   When selected, boxes will appear in the corners of the panel.

   

4. On the Advanced menu, click on the Add Overlay drop-down icon to display the list of indicators then click on the MACD indicator.

   

The MACD indicator will be overlayed on your chart. If you want to change the parameters of this indicator or want to make this placement the new default for this indicator, refer to Change an indicators properties.

If you want to manually add indicators to your charts and have some say to where they are positioned then you need to use the Advanced tab on the Ribbon menu. The Custom Indicators group on this tab lets you choose whether you want to overlay it on another panel or place an indicator into its own panel.

The following instructions will show you how add the MACD into a new panel using the Advanced menu.
1. Open a chart.
2. Select the Advanced tab from the Ribbon menu.

   

3. On the Advanced menu, click on the Add Panel drop-down icon to display the list of indicators then click on the MACD indicator.

   

The MACD indicator will be placed into a new panel on your chart. You can resize panels using the mouse and change their position by using the up/down arrows. If you want to change the parameters of this indicator refer to Change an indicators properties.

EzyChart 7 gives the user the ability to change indicator parameters; placement and visual appearance. In this example we are using the MACD indicator but similar configuration is available for all indicators.

Changes are made through the Properties screen. This screen can be viewed using four different methods:

1. Workspace Properties - click the Map button on the Home ribbon and it will display the properties for the entire workspace.
2. Chart Properties - click the Chart Properties button on the workspace toolbar to open the properties for the currently selected chart.
3. Panel Properties - click on the Panel Properties button in the indicator's panel you want to edit to display the properties for the entire panel.
4. Indicator Properties - right-click on the indicator and select Properties from the drop-down menu to only display the properties for this indicator.

   

In this example we will open the panel properties window.

1. Click the Panel properties button in the top-left corner of the MACD panel (C in the picture above).
2. This will display the Properties window. This window has two sections. The tree-menu on the left-side is the hierarchy of items in the panel. The right-side of the screen updates dynamically with the configurable properties available for whatever is selected in the tree-menu.
3. Select the MACD indicator from the tree-menu to display its properties.

   

   There are five (5) sections of properties for the MACD indicator:

   Group	Description
   Parameters	Change the underlying stock this indicator is based on; alter the calculation of the signal line; make the indicator invisible; change the linked axis and display trading arrows.
   Oscillator	The MACD indicator is made up of two lines: the Oscillator and the Signal. This group lets you change the appearance of the Oscillator line. You can make it invisible; change the colour; make it thicker or thinner and change it from a solid line to a dotted one.
   Signal	The MACD indicator is made up of two lines: the Oscillator and the Signal. This group lets you change the appearance of the Signal line. You can make it invisible; change the colour; make it thicker or thinner and change it from a solid line to a dotted one.
   Lines	This group allows the user to add lines to the indicator. By default this indicator is configured with a zero (0) line.
   Shading	This group allows the user to add shading to the indicator. You can shade between the indicator; lines and/or the top/bottom of the panel. By default this indicator is configured with shading between the Oscillator and the Signal line.

4. Make any changes you require to these properties.
5. If these changes are just for this session then click the Select button to close the Properties window and view your changes.
   If you want to save these changes so they are always applied when you select the MACD indicator from the Indicators tab on the menu, click the Save as Default button.
   If you want to delete this indicator, click the Delete button.

For more information on this indicator and its properties, click the help icon on this screen from with in EzyChart.