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Hello Rizwan,
Drag and drop is simply that, you select the indicator formula that has been
*previously constructed* and drop it on a pane to draw the indicator. There
are quite a few pre-built indicators that come standard with AmiBroker
but if you require something more complex/different you have to construct it
yourself or copy it from the online AFL library.
There are other nice features like the ability to set parameters via GUI
controls along with various other settings.
PowerScan helps you *construct* formula in a step by step manner using
most of AmiBrokers built-in indicators. You can watch and learn from the formula
construction process as the various options are selected from the GUI.
An equivilent english language text version of the formula is also provided.
You can construct explorations and scans using PowerScan but you can't create
indicators directly, you will however learn how to build basic formula that will
assist you in creating indicators.
You can always do a trial to see what the various tools have to offer.
Regards,
William Peters
www.amitools.com
Saturday, October 23, 2004, 3:29:48 PM, you wrote:
r> Hi,
r> Wanted to know that as per the website Amibroker 4.7 would have "drag
r> & drop indicator creation (already available in 4.62.1 BETA)"
r> My question is will this feature be something similar to what we can
r> do now using powerscan? i.e "create multiple criteria stock
r> explorations and generate buy or sell scan formula without having to
r> write a single line of code and within a very short time."
r> What will be the use of Powerscan after this version is released?
r> Best regards
r> Rizwan
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