Parameter

Description

Display

Opens sub-window to set parameters

•      Color = Line color.

•      Weight = Line thickness.

•      Display = Line style: line or histogram.

•      MarkIt = Opens Specify Conditions window.

Weights

Enter values to weight the sum of the four bids or asks.

DOMFilter

Filter by either time or size and set the threshold for the filter.

OB/OS

Opens sub-window with overbought and oversold parameters:

•      Color = Select a color for the line.

•      Weight = Choose a thickness for the indicator.

•      Type = Choose fixed or dynamic.

Fixed = uses Level as a fixed OB/OS value.

Dynamic = uses Standard Deviation and Lookback for a dynamic OB/OS value:.

OB: MA(@,Sim,lookback) + factor * STDDEV(@,lookback)

OS: MA(@,Sim,lookback) - factor * STDDEV(@,lookback)

where @ is the study

•      Std Dev = Multiplier used to calculate high and low.

•      Lookback = Number of bars to compare to the current bar.

•      Level = Percentage of average OB/OS used to calculate predictor Ob/OS levels.

•      Display = Click this check box to display the component.

•      Style = Choose a line style.

DmTrMode

Values:

•      Linear

•      Market Adaptive

DmTrPeriod

Time frame used to calculate study bars.

Normalization

Values:

•      Actual Value

•      Normalized by SUM (value divided by sum of bid and ask)

•      Normalized by StdDev (based on standard deviation)

MA Period

Time frame used to calculate moving average.

STDDEV Period

Time frame used to calculate standard deviation.