How To Overlay Indicators Of The Same Scale Onto Lower Charts:
When it comes to overlaying indicators on a lower chart, there are a few things to keep in mind.
If the indicators are not of the same scale, the results can be misleading, even if they look impressive at first glance.
ToS automatically resizes indicator outputs to fit on the chart, which can create a beautiful but ultimately meaningless overlaying pattern.
Even when overlaying studies of the same scale, you may still encounter issues. This is because ToS doesn't automatically recognize that they're the same scale and will still plot them relative to each other, leading to inaccurate results.
But don't worry - there is a solution! If you're overlaying studies of the same scale, simply insert the statement "declare real_size;" into each script, and you should see accurate and reliable results.
Just remember, this technique should not be used with indicators of differing scales, as the plots will become squished. Keep these tips in mind, and you'll be well on your way to creating meaningful and informative chart overlays.
When it comes to overlaying indicators on a lower chart, there are a few things to keep in mind.
If the indicators are not of the same scale, the results can be misleading, even if they look impressive at first glance.
ToS automatically resizes indicator outputs to fit on the chart, which can create a beautiful but ultimately meaningless overlaying pattern.
Even when overlaying studies of the same scale, you may still encounter issues. This is because ToS doesn't automatically recognize that they're the same scale and will still plot them relative to each other, leading to inaccurate results.
But don't worry - there is a solution! If you're overlaying studies of the same scale, simply insert the statement "declare real_size;" into each script, and you should see accurate and reliable results.
Just remember, this technique should not be used with indicators of differing scales, as the plots will become squished. Keep these tips in mind, and you'll be well on your way to creating meaningful and informative chart overlays.
