Saturday, November 17, 2007

Standard Settings


Here are the settings used in the StandardSet analysis group.

1) The AdLag64StoK_MTF a.k.a. MTFS is the smoothed version of the AdStoK_MTF (which is also the regular MTFS indicator). Smoothing is done through superimposition of the regular MTFS with its self-memory variation. The mix is hard-coded.

The settings do not need to be changed at all, but some users may feel more at ease with a number of bars of 8 (faster), or 24 (slower). The acceleration (adaptation to changes in volatility) is sometimes more difficult to set, so it is best leaving it unchanged. Accel values generally range from 0 to 0.5, but double adaptiveness is optimal around 0.2 to 0.25.

2) AdStoK_MTF : as above
3) HA_ModPB colour paintbars: leave unchanged
4) HHLL_tl HighestHighs-LowestLows trend lines: use only with intraday data
5) LombEntropy (calculates a Lomb-Scargle spectrum then uses dominant cycle to calculate Entropy): no change, except a Time Frame Multiplier which should be left unchanged. A time frame multiplier of 2 or 3 may detect longer cycles, but this is generally irrelevant.
6) MM (MM lines): leave unchanged
7) MM target calculated on level breakout. No change needed (display code not optimised)
8) RegisterSymbol : no parameter, but this indicator is ESEENTIAL to proper use of the DLL, and must always be placed before the Swing2 indicator
9) Swing2: automatic pivot detection. TFmult must be 1, 2 or 3 (cf previous post "Common mistake with Swing2")

The StandardSet analysis group be can applied automatically on new charts. Please note that since some calculations are computing intensive, there have been (rare)occasions of sync problems. In such case, the indicator that would not plot correctly needs to be turned off and on again.