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Params Linking

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Params Linking


 

This is a feature that we originally developed for our marketDirection Monitor product and we have since carried it over to S/R Analyst Pro. Typically when you load the same indicator into a watchlist and a chart, if you make changes to any of the parameters in the watchlist then you must also make those same changes to the copy of the indicator that is running in the chart. If you do not do this then the two copies of the indicator (i.e., the one in the watchlist and the one in the chart) will not be displaying the same information. For simple indicators with just a handful of parameters this is not a real issue. But for more complex indicators with a large set of parameters it can be a time-consuming process and one that is prone to error.

 

With the params linking feature whenever you make a change to any of the parameters of the copy of the indicator running in the watchlist, those changes are transferred to the linked copy of the indicator running in the chart. That way you can be sure that both copies are operating in the same fashion and looking for exactly the same thing. With params linking you can have multiple watchlists and multiple charts, and each linked set (watchlist->chart) will share their own set of parameters.

 

To activate params linking, you must first be running S/R Analyst Pro in both a chart and a watchlist. Then, simply check the Activate Params Linking check-box in the copy of the indicator running in the chart. When active, a green box will be displayed at the bottom-left of the chart pane.

 

Params Linking is Active

Params Linking is Active

 

In S/R Analyst Pro the params linking is accomplished by 'Interval'. This simply means that the copy of the indicator running in the watchlist will share parameters with any chart that is running in the same interval. With this setup you can have one or more watchlists loaded, each running in a different bar interval and each watchlist attached to its own chart, or all watchlists sharing the same chart. This is the default behavior of S/R Analyst Pro. Just be sure that your watchlist(s) and chart(s) are linked by Symbol and by Interval (see Symbol/Interval Linking) and, if you are running multiple watchlist/chart combinations, make sure that each watchlist is running in a different bar interval.

 

Warning

If you elect to forgo the included S/R Analyst Pro pages and instead create your own custom watchlist/chart combinations, please do not forget to attach the same eSignal Time Template to all components, and please be sure to turn off the Hibernation feature in all watchlists. (see Quick Setup Guide for instructions on setting up your own page).

 

Params Linking Parameters


 

Most, but not all, of the S/R Analyst Pro parameters are shared via params linking (e.g., the cosmetic parameters are not shared). Here is a list of all parameters that are shared via params linking:

 

Lookback Bars

Pivot Size

Min TL Length

Min TL Touchpoints

Tolerance ATR Length

Tolerance Multiple (ATRs)

TL Length Weighting

TL Touchpoint Weighting

TL Gap Weighting

TL Proximity Weighting

Max Trendlines

Bars to Ignore

Show S/R Lines?

S/R Strength

Show Gap Lines?

SR/Gap Proximity (ATRs)

Show Upper Trendlines?

Show Lower Trendlines?

 


See Also:

 

Demo Pages

Chart Settings

Watchlist Settings

Chart Operation

Watchlist Operation

Quick Setup Guide

Time Templates

 

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