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Registered User
Joined: 1/31/2010
Posts: 22
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I am learning about RealCode Indicator and trying to understand the different between dragging the indicator into the Editor and using "Import Indicator"? Are these two methods the same or that one is designed for specific tasks and have some pro/con for choosing either one.
For example, I drag a Linear Regression Slope that I have on the chart into the Editor. I get
'# LRS = chart.LinearRegressionSlope.4
but if I use Import, I get
'# LRS2 = indicator.Library.Linear Regression Slope
In the case of using Import menu, how could I specify the required parameters for Linear Regression Slope?
Thanks,
zwd
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Administration
Joined: 9/30/2004
Posts: 9,187
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The advantage to using Import Indicator is that you don't have to have the indicator on your chart to use it in RealCode. The parameters for imported indicator will be available when you right click on the condition and select Edit.
If you already have the indicator on your chart then the drag option might be more beneficial because if you adjust the indicator settings, they change within the condition as well because the indicator and the condition are linked. (Note: if you subsequently Save the condition, the indicator references will be "bottled" into the condition and will no longer be linked to the indicator(s) on the chart. But you'll see a warning about this when you Save a condition that has indicators on the chart linked to it.)
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Registered User
Joined: 1/31/2010
Posts: 22
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Thank you StockGuy.
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