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Knowledge Base

Swing Statistic Boxes

Overview


The Swing Statistics Box calculates the standard deviation and mean of the selected swing(s) and then plots a shaded box which indicates the possible direction and scope of the next swing based on the statistics. Additional boxes can be added and the statistical calculation is then derived from all boxes in the sequence.

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In the example above the average of the two swings outlined in blue are displayed by the green statistics box. The Swing Statistics Box can be added to any swing chart overlay, e.g Gan n Swing Volatility Swing, or  Percent Swing Chart Overlay.

To apply a Swing Statistics Box right-click on the relevant swing, then from the Actions menu select Add Swing Statistics Boxes.

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To apply additional swings to the same sequence, right-click on the green box and select Add Statistic Box from the Actions menu. Then left click on the next desired swing to be included in the statistics, and the Swing Statistic Box label will be updated for each new box that is added to the sequence. Note: only swings in the same direction can be included.

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Actions & Properties


Actions


Add Statistics Box: When selected an additional Statistics box can be added to the sequence.

Add to Toolbar: Click this action to add the selected Swing Statistics box to your custom toolbar.

Apply Settings to All: When multiple Swing Statistics box 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 line colour- as this allows all the other Swing Statistics box tools in the chart, page or entire workbook to be updated instantly.

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

Delete All Statistic Boxes: When selected all Swing Statistic boxes will be removed from the chart but the statistics text box and anchor point will remain.

Delete Current Statistic Boxes: When selected an individual Swing Statistic box can be removed from the chart. When selected the mouse pointer will display as a pencil icon, you need to left click on the box you wish to remove.

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

Move to Front: If the tool is 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 Swing Statistic Boxes, and wish to return to the standard properties originally installed with Optuma.

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

Delete: Deletes all instances of the Swing Statistics box including the statistics text box from the chart.

Properties


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

Filter Statistic Boxes: When selected the Filter Option is displayed in the Properties.

Filter Option: When the Filter Statistics Boxes check box is ticked a filter can be applied to either the Swing Range, Swing Percents or Number of Bars. The Standard Deviation Outside Mean value can be adjusted as required, the default value is 1.000.

Text Box Style: Expands to display the properties of the Text Box. The following properties can be adjusted:
  • Font Size - Allows you to adjust the size of the text in the statistics information box. Moving the slider bar to the right increases the symbol size.
  • Font Colour - Allows you to adjust the colour of the Text.
  • Transparency - Use this slider bar to adjust the transparency of the Text. Moving the slider to the left will increase the transparency.

Shaded Box Style:
Expands to display the line properties of the Shaded box. The following properties can be adjusted:
  • Line Style - Adjusts the Line Style property for the line that surrounds the shaded box. 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 line for the shaded box. Moving the slider bar to the right increases the thickness of the line.
  • Line Colour - Allows you to adjust the colour of the shaded box.
  • Fill Colour - Adjusts the Fill Colour for the shaded box.
  • Transparency - Use this slider bar to adjust the transparency of the shaded box. Moving the slider to the left will increase the transparency.
  • Visible - Un-tick this checkbox to hide the shaded box from the chart.

Statistics Box Style: Expands to display the line properties of the Statistics box. The following properties can be adjusted:
  • Line Style - Adjusts the Line Style property for the Statistics box. 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 line for the Statistics box. Moving the slider bar to the right increases the thickness of the line.
  • Line Colour - Allows you to adjust the colour of the Statistics box.
  • Transparency - Use this slider bar to adjust the transparency of the Statistics box. Moving the slider to the left will increase the transparency.
  • Visible - Un-tick this checkbox to hide the Statistics box from the chart.

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.

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