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Knowledge Base

Hull Rate of Annual Return

Overview


The Hull Rate of Annual Return indicator is used to calculate the annual rate of return of a share given its current rate of climb. It achieves this by calculating the annual increase in price activity and then dividing it by the current share price. The result is then multiplied by 100 to convert it to a percentage.

Click here for the standard Annual Rate of Return tool.

The Hull Rate of Annual Return indicator is calibrated for weekly charts and as such will give very different readings when applied to a daily chart (or any other time frame for that matter). However, it can still be used on daily charts from a comparative point of view.

For more information on this tool, please visit Alan Hull's website here.

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To add a Hull Rate of Annual Return to your chart, select the tool from the Hull tool group, and left-click on the chart. Optuma will then draw the indicator using the default settings.

Actions & Properties


Actions


Add to Toolbar: Click this action to add the selected indicator to your custom toolbar.

Apply Settings to All: When Rate of Annual Return Indicator tools have been applied to a chart, page or workbook, this action can be used to apply the settings of the one selected to other instances of the tool. This is a great time saver if an adjustment is made to the tool - such as changing colour- as this allows all the other Rate of Annual Return Indicator tools in the chart, page or entire workbook to be updated instantly.

Copy Data to Clipboard: Will copy the tool's values to the clipboard which can then be inserted into a spreadsheet, for example, allowing for further analysis.

Copy Tool: Allows you to copy the selected indicator, which can then be pasted onto a different chart window.

Move to Back:
If the lines of the tool are displaying in front of other tools or indicators clicking this action will move the lines view to the background.

Move to Front: If the lines of the tool are displaying behind other tools or indicators on the chart, clicking this action will bring the lines to the forefront.

Restore Default Settings: Click this action if you have adjusted the default settings of the indicator, and wish to return to the standard properties originally installed with Optuma.

Save Settings as Default: If you have adjusted any of the indicator's properties (colour, for example) you can save the adjustments as your new default setting. Each time you apply a new indicator to a chart, the tool will display using the new settings.

Delete: Deletes the indicator from the chart.

Properties


Tool Name: Allows you to adjust the name of the tool, as it's displayed in the Structures Panel.

Plot Style: Adjusts the display style of the indicator. There are 6 options available: Line, Dot, Histogram, Step, Shaded, Shaded Step.

Line Style: When Line is selected as the Plot Style, the Line Style property allows you to adjust the type of line displayed. There are 8 options available: Solid, Dots, Dash, Dash Dots, Long Dash, Long Dash Dot, Long Dash Dot Dot, Stippled.

Line Width: Allows you to adjust the width of the indicator line. Moving the slider bar to the right increases the thickness of the line.

Line Colour: Allows you to adjust the colour of the indicator line.

Tool Transparency: Use this slider bar to adjust the transparency of the tool. Moving the slider to the left will increase the transparency of the tool.

Visible: Un-tick this checkbox to hide the tool from the chart.

Show in Price Scale:
When selected the current Rate of Annual Return Indicator value will be displayed in the Price Scale.

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