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SETUP: eSignal Charts & Autopro Software

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eSignal Chart Setup
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AUTOPRO SOFTWARE

INDICATOR STUDIES

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 All-In-One
BearBullVolume*
Clicks Help
Disparity*
Elliot Wave Pivots*
Fibonacci Fan 4-in-1*
FIbonacci Pivots*
Gann Box
Gann Fan
Gann Square of 9*
Ichimoku Simplified*
Speedlines*
StochRSI*
Volume Pivots / Autopro Pivots*
 Interface Mod: Settings
Interface Mod: Functions
Interface Mod: Simulator
Ninja ATM Setup

*also in the Autopro software packages

What are EFS studies?

These are special studies, also called scripts, which run in an eSignal chart window.  The ‘efs’ stands for “eSignal Formula Study”.  These are software programs written in an eSignal version of JavaScript programming language.  Once inserted into a chart, they provide the trader with the necessary visual information of the prices to help, of course, with trading.

The efs studies are automatically installed in the proper directory and folders of eSignal.  This is handled during the download and the installation process.  You then insert the desired scripts into your chart, 1 at a time. See below for instructions.

Each software study has the extension: .efs
Example: Autopro USFU.efs or Disparity EXFU.efs

Autopro software EFS studies

After you have installed Autopro, you will have a new folder in eSignal:

C:\Program Files\Esignal\Formulas\Autopro
Need to download? here

In this folder will be found the Autopro EFS studies. The capitalized software name extension tells you what package the software belongs to. ONLY insert the software for which you have been provisioned (activated) for.

Forex EFS studies

After you have installed the EFS Install, you will have a new folder in eSignal:

C:\Program Files\Esignal\Formulas\Conceptforex
Need to download? here

In this folder will be found the 9 Forex EFS studies.

eSignal USERNAME

There is code in the efs that only allows it to operate on your machine, under your own eSignal username. 
That is why we need your username to provision the efs to function.

In eSignal, go to:

File > Preferences > Connection tab
You will then see your username

Click here to send username if you have not already done so.

eSignal basics

We do not teach nor support eSignal charts and datafeed.
However, if you are new to eSignal, you may find the following information helpful.

eSignal data feed

To power the chart with data, you need the following from eSignal:

If you are unclear how to do this yourself, then contact an esignal support representative on the phone and have them set this up for you.

Inserting the EFS into the chart

First, make sure the chart symbol is correct:

  1. Now, ‘select’ a chart.  You select a chart by clicking the mouse in it.

  2. Next, go to the eSignal toolbar at the top of everything and find the ‘Chart Options’ menu option, then click on it to open the menu.

  3. A context menu opens and you will see a folder icon near the bottom called ‘Formulas’.

  4. Hover the mouse over the Formulas, which opens another menu. 
    Find the folder called ‘AutoPro’ and hover the mouse over it to open.

  5. You will then see the AutoPro efs studies.

  6. Click on the desired efs and the efs will show up in your chart. Only select the correct Autopro with the activated ending. Example: You are activated for US futures, so only select the softwares ending in'USFU'.

Making a new eSignal chart - Constructing a new page

If you have a blank page, follow this sequence to make a new default chart of your liking.

  1. File > New > Advanced Chart > Candlestick
  2. Then change the symbol, time interval to what you want
  3. Add the studies you desire, including the proper AutoPro efs scripts
  4. Then right-click in this chart > Style Templates > Set As Default

Now to add more charts to your page, do this:

  1. File > New > Advanced Chart > Default Chart
  2. And a copy of your saved, default chart will appear on top of the first one
  3. Move this new chart to an open portion of your page
  4. Repeat and rename as needed

Be sure and save your page.
Page > Save Page (and give it a name).

Changing a symbol and/or time frame in a chart

Select a chart by clicking in it.
Now press the COMMA key and the 'Change Symbol' dialog box will appear.

To change the Symbol: Type in the new desired symbol.
To change the Interval: Type in the new desired time interval.

For a SWING time, like 15 minutes, put a 15 in the interval box.
For LONG times, daily would be D, weekly would be W.
For a SCALP chart time, like 125 ticks, put a 125T in the time box or regular times like 3 or 5 minutes

When using the scalp module, Tick Charts have the advantage of 'breaking down' an otherwise, large forming time bar, into a tradeable number of bars, that the software can measure.

Linking charts for symbol change

In the upper left of a chart is a 'Link" label.
To link 2 or more charts together, just click this label in each chart and make the same 'color'.

Now if you change the symbol in 1 chart the others that are linked will also change.

Scaling changes

If you find that prices or any of the studies are 'scrunched together' either up and down or right to left, then, put the cursor in the outside colum of the chart window, hold the mouse button down and slide the cursor, up and down ( for vertical scale changes ) or left and right ( for horizontal scale changes ).

Chart options

With a chart selected, click on the 'Chart Options' at the top.
Take time to explore and learn the various options available here.

News Events
News often can give extra volatility and can often reduce volatility before the announcement. Be aware of these events. The primary news to be concerned with is the interest rate announcement called FOMC. It is best NOT to trade that day.
Obtain economic news at: Econoday

Remember!

Day trading generally is not appropriate for someone of limited resources, limited investment or low risk tolerance. You should be prepared to lose all of the funds that you use for day trading. In particular, you should not fund day-trading activities with retirement savings, student loans, second mortgages, emergency funds, funds set aside for purposes such as education or home ownership, or funds required to meet your living expenses.

There will be loosing trades. No trading software, methodology, system is 100%. By using software that gives you more wins than losses at the correct trading times, and, by managing your trades properly, you should come out ahead. The free trial period is when you decide for yourself if this system/method is for you. Conceptforex/Autopro make no guarantees of any kind.