New Members: Be sure to confirm your email address by clicking on the link that was sent to your email inbox. You will not be able to post messages until you click that link.
Hi. I'm totally new to charting and am working my way through the article "Capturing Mean-Reversion Signals and Trend Direction with One Indicator - Facebook Example
". I've created the top chart and the bottom RSI(10) chart as shown in the article. However, at one point the author says, "So how do we quantify the trend? Simple. Just open the advance indicator settings on SharpCharts and add a 65-day SMA to RSI, which is around three months.
". How do you overlay a 65-day SMA on top of the RSI chart as he does? The author says to open the advance indicator settings but I don't see them. Are they invisible because I only have a Basic paid account? I tried to add a second SMA indicator in the Indicator section below my RSI indicator but the pulldown menu (Accum/Distribution Line, Aroon, etc.) doesn't contain an SMA indicator. Thanks!
If it did, your chart workbench would look something like this with advanced options icon:
and here's what it looks like opened up. I use mostly moving averages, but for Indicators there are 19 options, like Bollinger Bands, Price Channels, MA envelopes, Slope, etc. For overlays, you just get more control over appearance.
I couldn't quite get it to look the same as in the article with respect to the graph's colors so perhaps I do need the more expensive service level to get additional color options. I'll have to play around with it a little more and see.
Being a new member, this is the first article I've read. I'm hoping that perhaps article authors note in their article when they're using a feature that's only available in the Extra or Pro service levels.
Thanks again for your help!