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Wyckoff Stock Market Institute
Pulse of the Market Charting Service
User's Guide
To better understand how the charting service functions,
please take a few minutes to review the screen shot and take a quick tour
of the service using the descriptions below as your guide.
Download the User's Guide in PDF format Download Stock List in PDF format
1. Displaying charts
To display a given chart select a symbol from the list of favorite symbols (on the left) or enter a symbol into primary symbol field just above the list.
If you want to compare the chart to other symbol, enter a symbol name into secondary symbol field, below the symbol list. You can also compare performance of multiple stocks by first selecting the percent (performance) scale and then selecting multiple symbols. Please note, that when you enter a new symbol, it is automatically added to the list of favorite symbols for your convenience. You can set the desired display range for charts by selecting a preferred display range option in the top toolbar. Due to the tremendous price disparity between a stock price and the Wyckoff Wave, the Wyckoff Wave and an Individual stock can't appear on the same field.
2. Working with indicators
To add the Optimism-Pessimism Index, the Force Index and/or the Technometer click the 'Add indicator' button available in the second toolbar. Then click the Defined Indicator button and select one of the three prime Wyckoff indicators. All three can be added to your charts.
The O-P, Force and Technometer data was included for the Wyckoff Wave and the Wyckoff Wave stocks beginning April 1, 2009. These indicators for the non-Wyckoff Wave stocks began on March 3, 2010. To view these without distortion, it is important to select a time frame that does NOT include dates prior to when these indicators were added to the program.
To add and display technical indicators click the 'Add indicator' button available in the second toolbar. Then click the Built In Indicators and select from the list.
Indicator parameters can be adjusted using text fields to the right of an indicator. Enter desired parameter value and press the [ENTER] key to apply the new parameter. If multiple symbols are displayed at the same time, then the indicators are calculated for the primary symbol.
3. Chart customization
Using the options available in the first toolbar, you can set a chart type, a scale, data compression or adjust the amount of data displayed.
To customize line widths and colors press the "chart customization" button (located on the right side of the first toolbar).
4. Working with trend lines, formations and other objects
You can draw various objects on the chart using the mouse. First, select an object in the pop-up menu of the chart, and then press the left mouse button and drag the mouse to draw an object. To move an object, hold the [SHIFT] key (in automatic drawing mode), to delete an object hold the [CTRL] key (in automatic drawing mode). You can easily create trend lines parallel to an existing line. Just press and hold both [CTRL] and [SHIFT] and then drag the selected line to a new position. To put a text comment on the chart, first select the 'Text' option from the pop-up menu, then click on the chart and enter the text. To edit existing text comment, press and hold both [CTRL] and [SHIFT] and then click on a text. To change color of a given object press and hold both [CTRL] and [ALT] and then click the selected object and select new color.
5. Printing charts
To print a chart press the print button at the bottom of the program window. This option is not available with old Microsoft VM (Virtual Machine). You need to install newer version of Java(tm) to be able to print charts. Please note that the chart will be printed using currently selected chart colors (including the background color).
6. Optimizing program performance
Pressing the "timeframe settings" button will enable you to set the maximum amount of data processed by the program. Setting a shorter timeframe will increase the program performance. This can be important if you are using a slow computer or a low bandwidth Internet connection.
7. Storing and loading configuration settings
You can store and later load your preferred configuration settings, using the "load configuration" and "save configuration" buttons (in the status bar).
The following settings can be stored:
• favorite symbols along with current selection of primary and secondary symbol
• cache usage and automatic data update settings
• selected indicators
• defined indicators
• indicator parameters
• chart type, scale and data compression
• chart colors and line widths
In addition to the settings listed above, individual studies (including indicators, their parameters and objects on the chart) can be saved and later restored for a given security using the buttons on the bottom of the program window.
The option to load studies automatically is also available. When this option is switched on:
• The program will remove all existing trend lines, formations and other objects from the chart every time you change the time compression option.
• The program will try to load studies automatically every time you select a stock or change the time compression option.
•
You can save many sets of studies for every stock - one set of studies for every available time compression option.
This is the list of available built-in indicators:
The Wyckoff O-P, Force and Technometer indicators are stored in defined Indicators
| • Acceleration (ACC) • Accumulation Distribution (AD) • Average True Range (ATR) • Balance Of Power (BOP) • Bollinger Band (BOL) • Bollinger Oscillator (BOS) • Chaikin A/D Oscillator (ChAD) • Chaikin Money Flow (ChMF) • Chaikin Oscillator (ChO) • Chaikin Volatility (ChV) • Chande Momentum Oscillator (CMO) • Commodity Channel Index (CCI) • Detrended Price Oscillator (DPO) • Directional Movement Index (DMI) • Displaced Moving Average (DMA) • Ease of Movement (EMV) • Elder-ray Bear Power (EBear) • Elder-ray Bull Power (EBull) • Exponential Moving Average (EMA) • %D Fast (FastD) • %D Slow (SlowD) • %K Fast (FastK) • Force Index (FI) Not the Wyckoff Force Index • Intraday Momentum Index (IMI) • Mass Index (MI) • Moving Average Convergence Divergence (MACD) • MACD Oscillator (MACDO) • Momentum - type 1 (MTM1) • Momentum - type 2 (MTM2) • Money Flow Index (MFI) |
• Negative Volume Index (NVI) |
