User Guide Wealth-Lab Pro™
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Wealth-Lab Pro™ User Guide © 2003-2006 FMR Corp. All rights reserved. Wealth-Lab Pro™ User Guide by FMR Corp. Revised: Tuesday, May 30, 2006 Wealth-Lab Pro™ User Guide © 2003-2006 FMR Corp. All rights reserved. No parts of this work may be reproduced in any form or by any means - graphic, electronic, or mechanical, including photocopying, recording, taping, or information storage and retrieval systems - without the written permission of the publisher. Third party trademarks and service marks are the property of their respective owners. While every precaution has been taken in the preparation of this document, the publisher and the author assume no responsibility for errors or omissions, or for damages resulting from the use or misuse of information contained in this document or from the use or misuse of programs and source code that may accompany it. In no event shall the publisher and the author be liable for any loss of profit or any other commercial damage caused or alleged to have been caused directly or indirectly by this document. Printed: Tuesday, May 30, 2006 Special thanks to: Wealth-Lab's great on-line community whose comments have helped make this manual more useful for veteran and new users alike. EC Software, whose product HELP & MANUAL printed this document. I User Guide, Wealth-Lab Pro™ Table of Contents Foreword 0 Part I Introduction 7 1 What is Wealth-Lab.......... .Pro?......... ............................................................................................................... 7 2 Recent Enhancements................ .(4.1)....... ........................................................................................................... 8 3 Previous Enhancements..................... .(4.0)....... ...................................................................................................... 11 4 Previous Enhancements..................... .(3.6)....... ...................................................................................................... 12 5 Previous Enhancements..................... .(3.5)....... ...................................................................................................... 14 6 Previous Enhancements..................... .(3.4)....... ...................................................................................................... 16 7 Previous Enhancements..................... .(3.3)....... ...................................................................................................... 18 8 Important Terms........ .&.. .Orientation................... .................................................................................................... 18 9 Notes on Trading......... .System............. .Development...................... ..................................................................................... 19 10 Keyboard Shortcuts............. .by..... .Category............... ................................................................................................ 21 11 Keyboard Shortcuts.............. ..................................................................................................................... 24 12 Wealth-Lab Pro..... .FAQs.......... ................................................................................................................... 25 13 Components. .................................................................................................................................. 27 Part II Data Access 28 1 Data Access .Overview................ .................................................................................................................. 28 2 New DataSource........ .Wizard........... ............................................................................................................... 29 Overview .......................................................................................................................................................... 29 Fidelity Integrated......... Data........ ......................................................................................................................................... 30 Web DataSources........ .................................................................................................................................................. 37 MetaStock DataSources.................. ........................................................................................................................................ 38 ASCII DataSources.......... ................................................................................................................................................ 38 TC2000 DataSources............. ............................................................................................................................................. 41 QuotesPlus DataSources.................... ...................................................................................................................................... 42 Tai-Pan DataSources............. ............................................................................................................................................. 42 Intraday Historical......... .DataSources..................... ........................................................................................................................... 43 COM Adapter. .DataSources..................... ................................................................................................................................... 45 3 DataSource Manager............... .................................................................................................................... 45 DataSource Manager............. .Overview................ ............................................................................................................................ 45 DataSource Actions............ .............................................................................................................................................. 46 WatchList Actions......... ................................................................................................................................................. 49 Fidelity Data Update............ .............................................................................................................................................. 50 4 Data Loading.. .Control............. ................................................................................................................... 53 5 Futures Mode... ................................................................................................................................ 56 6 Data Precision.... .Considerations.......................... .................................................................................................... 57 7 Data Access .FAQs.......... ........................................................................................................................ 60 Part III ChartScripts 61 © 2003-2006 FMR Corp. All rights reserved. Contents II 1 Overview ................................................................................................................................... 61 2 ChartScript Explorer.............. ..................................................................................................................... 62 3 ChartScript Windows................ ................................................................................................................... 65 ChartScript Window............ .Overview................ ............................................................................................................................. 65 Control and Status.......... .Panels........... .................................................................................................................................... 66 Chart View .......................................................................................................................................................... 69 Chart View... .Summary..................................................................................................................................................... 69 Manipulating..... .the..... .Chart............................................................................................................................................. 70 Plotting Indicators......................................................................................................................................................... 76 Indicator QuickPlot......................................................................................................................................................... 79 Studies and.... .Custom............ .Indicators....................................................................................................................................... 83 Chart Drawing........ .Tools................................................................................................................................................ 85 Chart Trading......................................................................................................................................................... 94 Performance .View........ ................................................................................................................................................