Simplify My Morning Tradestation Indicator Instructions
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1 Simplify My Morning Tradestation Indicator Instructions Table of Contents Product Overview How to Install the Indicator Customization FAQS Changing the Settings Changing the color of the lines EasyLanguage Color Chart Setting your Time Zone Changing the font Which Charts Work? Showing Price for trend lines Trend line extensions and offset Description offset Turning groups of trend lines on and off Why is there no DEFAULT BUTTON OPTION Why are my lines are missing? Why are my Overnight lines are not correct? Why is my font is too big or too small? Why aren t my prices visible on the right side of the chart?
2 RISK DISCLAIMER Product Overview Simplify My Morning is an indicator that shows many key levels that intra-day traders would normally use for futures, forex or stocks. This indicator saves a tremendous amount of time by automatically drawing lines with labels for the following levels: Last Year High & Low This Year High & Low Last Month High & Low Last Week High & Low Yesterday s High & Low Overnight High & Low Gap (Previous Close) 50 & 200 Moving Average from daily chart 50 & 200 Moving Average from weekly chart ATR boundary (shows how far on average that symbol travels in one day) How to Install the Indicator Import the $Simplify My Morning By Simplify My Trading Indicator from the Strategy Network. INSERT ANALYSIS TECHNIQUE -> CLICK ON IMPORT -> FROM STRATEGY NETWORK -> INSTALL Customization Lines are fully customizable. Default colors have been set. Changing the Settings RIGHT CLICK -> FORMAT ANALYSIS TECHNIQUES -> Select the indicator -> FORMAT ->INPUTS TAB *Note: Input values with brackets { sometext..}, and some text inside those brackets are comments only. The brackets and its contents can be removed or you can enter anything you would like inside those brackets for your information only. The input value before/outside of the brackets is what is read as an input value for the indicator.
3 1. Changing the color of the lines Scroll down and look at each of the colors. Each color property name ends in Color. If you are using a white background and white is used, it will not show up. If you are using a black background and your lines are black, they will not show up. Use a different color. You can type in new colors on the inputs tab. The key is to type it exactly like they want it. (Example: DarkGreen is correct, but drkgreen or dark green will not work). Use the help section, call technical support to find the color names or use the colors in the below chart. You could also specify your own RGB color value in the format of RGB(204, 102, 0) for example. EasyLanguage Color Chart
4 2. Setting your Time Zone If your charts are on Eastern Time (Local Time Zone): Enter the Overnight start time to 1630 {EST} with End time entered as 0930 {EST} If your charts are on Central Time (Local Time Zone): Enter the Overnight start time to 1530 {CST} with End time entered as 0830 {CST} If your charts are on Mountain Time (Local Time Zone): Enter the Overnight start time to 1430 {MST} with End time entered as 0730 {MST} If your charts are on Pacific Time (Local Time Zone): Enter the Overnight start time to 1330 {PST} with End time entered as 0630 {PST}
5 If your charts are on a different time zone (Local Time Zone): Enter the Overnight start time to be your local chart time when it s 1630 {EST} with End time entered with your local chart time when it s 0930 {EST} If your charts are on the exchange time zone: Enter the Overnight start time to 1630 {EST} with End time entered as 0930 {EST} 3. Changing the font The font for the description is based on the default you use for normal text. If your font is too big or too small, use the regular text tool to type something on your chart and change the font. Set it as default. You will have to turn the indicator off and back on before it will make the changes. 4. Which Charts Work? Since the indicator is looking backwards in time for some levels, you should always use unadjusted data. Levels such as Last year s High & Low will be significantly different with the adjusted data. will be will not.
6 ETF s don t have overnight data, so those levels and ATR boundaries will not work. Do not use a Daily chart (the levels will overlap each other or not appear at all). Do not use a contract chart (you won t have a large enough data range). Do not use a bond chart or anything that does not quote in dollars and cents. 5. Showing Price for trend lines ShowPrice =true {Default} o When this property is true, it shows the trend line price on the right side of the chart. If false, you will not see the trend line values. PriceOffset =3 {Spaces to the right of the last candle} o This means that if ShowPrice =true, you will see the price value displaying this many spaces to the right of the last candle on the right side of the chart. ShowPriceDistance =true {Show Distance to Current Price} o When this is true, you ll see additional information to the right of price when ShowPrice =True. When ShowPrice =true, prices will display on the right side of the chart. If you do not see the prices, you may have to adjust the spaces to the right under chart properties. o Right-click on the chart o Click on Format Window o Adjust Spaces to the right to 25 bars under the General Tab or until there is enough space to the right to see prices above the trend lines. 6. Trend line extensions and offset If your descriptions are too far to the right or too far to the left, change the DescOffset ExtendRight and ExtendLeft Properties. These properties can be set to true or false. o If they are both set to false, you will not see any lines at all, you will simply see a dot after the last candle (if TLineOffset=0, else if TLineOffset=5, it will show 5 candles back) along with price if that is turned on. o If the combination is the following: ExtendRight =true & ExtendLeft =false, you will see lines extending to the right of the chart only. o If the combination is true for both, they will extend to both left and right on the chart. o If the combination is the following: ExtendRight =false & ExtendLeft =true, you will see the lines extending to the left, but the line will stop at the last candle of the chart. TLineOffset =5 {Bars Back} o This means that the Trend Line starts plotting x number of bars back from the right side of the chart. For example, it is set to 5 here. This means that if you have the property ExtendLeft set to false, you will see the trend line starting to plot 5 candles back from the right-side of the chart. 7. Description offset ShowDescription =true{default} o When this is true, you will see a description above each trend line telling you what level it represents.
7 o If you which to have a cleaner look on your chart and you are familiar with the color coding you have chosen, you would set this to false. DescOffset =75 {Bars Back} o This property setting is used when we find that lines overlap. If you find that you cannot read the trend line description when the levels are exactly the same, try increasing this value. When two levels are identical, the next level description is shown 75 bars back from the first description. 8. Turning groups of trend lines on and off If you do not want to see a level, change the appropriate property to false. Change it back to true to see the levels again. Ie, PlotYearlies, PlotMonthlies, PlotWeeklies, PlotDailies, etc. All these properties start with Plot o You Can set turn the following trend lines off by setting the appropriate property to false: PlotMonthlies: false o MonthlyHL o Monthly50MA o Monthly200MA PlotWeeklies: false o WeeklyHL PlotYearlies: false o This Year s HL o Last Year s HL PlotWeekly50MA: false o Weekly50MA PlotWeekly200MA: false o Weekly200MA PlotDailies: false o DailyHL o Daily50MA o Daily200MA PlotDaily50MA: false o Daily50MA PlotDaily200MA: false
8 o Daily200MA PlotOvernightHL: false If false, the OvernightHL will not be drawn PlotATRBoundary: false If false, the ATRBoundary will not be drawn PlotPreviousClose: false If false, the PreviousClose will not be drawn FAQS Why is there no DEFAULT BUTTON OPTION Question: How do I change my settings so that they are applied to my charts by default when I add Simplify My Morning to another chart window or workspace? Answer: There is not a 'Set as Default' button on indicators that are downloaded from the trading app store. This is the behavior from tradestation themselves and not controlled by the indicator or programmer. There IS a work around! You can do the following: 1. Add SMM to your desired chart/workspace. 2. Configure the inputs as desired for your default values. 3. Save your indicators as an Analysis Group after you have set your desired input values. 4. Add that saved Analysis Group to other charts in your workspace(s). By adding the saved analysis group to other charts, it will use the settings that you set previously, including setting visibility to false for the lines you do not want to see. Why are my lines are missing? See #1 - Changing the color of the lines See #4 - Which Charts Work? Use your background dragging to pull the chart up and down and you will see that they are all there; they are just not in play right now. Why are my Overnight lines are not correct? See #2 - Setting your Time Zone
9 Why is my font is too big or too small? See #3 - Changing the font Why aren t my prices visible on the right side of the chart? See #5 - Showing Price for trend lines How can turn OFF groups of trend lines, monthlies, weeklies, dailies, etc.? See #8 - Turning groups of trend lines on and off RISK DISCLAIMER Important risk disclaimer for all traders and investors. This software is for educational purposes only and not a recommendation to buy or sell any particular financial instrument. The software described herein is designed to be a tool to assist traders and investors in their decisions. You have sole responsibility for evaluating and determining when and on what terms to engage in any transactions, and for determining the appropriateness of your choices. Equities, Futures, Options, and Currency trading and investing have large potential for rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Equities, Futures, Options, and Currency markets. Absolutely do not trade with money you cannot afford to lose. Our website and this software is neither a solicitation nor an offer to Buy/Sell Equities, Futures, Options or Currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to any discussed here, our website, or any of our materials. The past performance of any trading system or methodology is not necessarily indicative of future results. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources. Absolutely consult your Registered Financial Advisor and your Risk Trading Plan before ever investing or trading any financial instrument. Neither Carey McLean, SimplifyMyTrading.com, nor Simplify My Trading Now, LLC ( SMTN ) is an investment advisor and is not registered with the U.S. Securities and Exchange Commission, National Futures Association, or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of BBT are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission, National Futures Association or the Financial Industry Regulatory Authority.
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