CSI's Unfair Advantage How-To Guide: How do I use UA to view a study?
20040116

Trading systems in UA are all pretty much the same, but let's look at Bollinger Bands as an example.

1. We open a chart in UA.


2. Press the "Change indicators on chart" button:   This opens the study toolbar:



3. Since Bollinger Bands is not on the list, we need to add it so press the "Add Study" button.  (If it is on the list, skip to step 8.)



4. The "Select Study" dialog supplies several older studies which can be accessed by clicking on the down arrow to the right of the word "None".  Bollinger Bands is not one of these studies so we press the Interpreted button to get the Code Editor.



5.  Since we want to run the Bollinger Bands in the VBScript language, lets check to be sure that we are in the VBScript language.  (You can complete the rest of this tutorial with any of the languages available, but things will look a little different.)  To check, click the menu items File -> Choose Language Mode -> VBScript.

6. Now to choose Bollinger Bands, right click on the big white box.  (If there are two white boxes, click on the "<< Less" button to hide the bottom box.)  A long list of available studies should appear, select Bollinger Bands.  The call sequence for the studies should be copies to the white box.


7. This tells UA that you want to run a Bollinger Bands using a 15 day window and that you want the bands to be spaced 1.5 standard deviations above and below the mean.  Make changes if you prefer different settings.  Press the OK button when you are done.


8. Now we add it to our chart by dragging the text "VBScript: BollingerBands(15,1.5)" to the pane on the graph inwhich we wish it to be.  When you release, the "Studying ..." dialog should appear to show you that it is computing the study.



9. This step may be very fast or very slow depending on the amount of history and how complicated the study is.


10.  As long as we have the Study Toolbar open, the chart panes remain open, and the little "e" and "X" buttons exist next to the studies name and color coding.  The "e" is used to edit the study (change it's parameters, change which study, or even edit source code of the study).  The "X" is used to delete the study from the chart.  Since we don't need to do any of these things at the moment, close the Study Toolbar by clicking on the little red X in the upper left of the toolbar.



11. Now if we want to check the values on a specific day. open the cross hairs by clicking the cross hairs button:



12. Now move the mouse over the graph, and you will see the detail of the data displayed, with the study data at the bottom.  If you have lots of studies (currently limited to 10) you may have to scroll the box down before selecting the day.



13. If you want to see more than one day's worth of number, switch over to the table view by clicking the Table button in the lower left corner of the chart:



14.  This puts the chart in Table mode.  If you scroll the to the left, you will see the study's values.



To add other studies, go back through the steps, and simply select a different study from the menu.