SharpCharts Indicators and Overlays Parameter Reference
Last updated
Last updated
There are several technical indicators and overlays that you can add to your SharpChart. Most of these indicators and overlays can be customized by adding or changing their parameters in the SharpCharts Workbench. The following reference guide shows the required and optional parameters that are available for each indicator and overlay, along with the order they should be entered in the Parameters box.
Learn More. SharpCharts Workbench
Technical overlays are lines that are calculated from price and volume data and displayed on top of the main symbol's price bars. To add Overlays to your chart, select the desired overlay from the dropdown menus in the Overlays section of the SharpCharts Workbench, and modify the parameters for that overlay as needed. For more information on adding and configuring overlays, please see the SharpCharts documentation in the Support Center.
Below you will find detailed information about the parameters that are available for each overlay, as well as example charts.
This adds a to the chart. The bands are calculated using the price values of the ticker symbol being overlaid.
Parameters:
Periods. Number of periods used in the calculation of the moving average for the centerline.
StdDev. Standard deviation distance of the bands from the centerline.
Offset (optional). Number of bars to shift the overlay to the left or right. A value of zero means no shifting of the overlay; negative numbers shift the overlay to the left/past; positive numbers shift the overlay to the right/future.
Default Parameter Values:
20,2
Example Charts:
Adds a horizontal line to the chart at the specified y-axis level. A horizontal line can be useful when you are watching for price to cross above or below a certain level.
Parameters:
yAxisLevel. The level on the y-axis where you want the horizontal line to appear on your chart. Multiple horizontal lines can be added by separating multiple Y-axis values with commas (e.g. “50,100,150,200” would display four horizontal lines). To change the color of a specific line, follow the number with a colon and the color (e.g. “50:red,100:green”).
Default Parameter Values:
(none entered by default)
Example Charts:
Parameters:
Conversion. Number of periods used in the calculation of the conversion line (Tenkan-Sen).
Base. Number of periods used in the calculation of the base span line (Kijun-Sen). This parameter also indicates how many periods forward to shift the cloud plot.
Span. Number of periods used in the calculation of the leading span line (Senkou).
Note: No parameters are entered by default.
Default Parameter Values:
(none entered by default, but when the parameters box is left empty, the chart is drawn as though you entered 9,26,52)
Example Charts: