Single Value Propagator (SVP)

This function is available on the Add Study window and in the Formula Toolbox.

The Single Value Propagator enables the user to plot or use in a formula a single value, for example, last bid or last offer. Using the SVP function in a custom study, for example, the user can place a horizontal line to represent the last bid and last offer with the actual market trading in between. This adds the ability to see if the traders are hitting the bids or lifting the offer.

Example: SValPropagator(@,0)

 

Parameter

Description

Display

Opens a sub-window with display properties:

      Color = Select a line color.

      Weight = Type a value for line thickness.

      Display = Select line style: line, histogram, or dash.

      ShareScale = Assign a behavior for functions and studies sharing the vertical scale:

      Auto = System determine whether sharing is feasible.

      On = Scale is shared regardless of the functions and studies displayed.

      Off = Scale is not shared.

MarkIt

Opens the Specify Conditions for Marking Bar window.

Price

Price used for calculations.

Offset

If the offset<>0, then the SVP propagates the value including offset.