Stocks & Commodities V. 27:11 (66-67): Product Review: eSignal 10.5, Part 2 by Jayanthi Gopalakrishnan
Product Description
Product Review: eSignal 10.5, Part 2 by Jayanthi Gopalakrishnan
IN the first part of this review I covered the basic features of eSignal 10.5. Those features are just the tip of the iceberg. The core, the strength, of eSignal 10.5 lies in its powerful programming capabilities. Creating unique trading systems is what sets one trader apart from others. Unfortunately, many traders tend to be intimidated by the idea of creating their own systems, but it doesn’t have to be difficult. While it is true that learning how to write code in a language with which you are not familiar may sound like a challenge, you’ll find out that it doesn’t have to be.
CREATING FORMULAS
eSignal does use a complex JavaScript programming language known as the eSignal Formula Script (Efs). However, they have gone to great lengths to make it easy for you to get started. To begin with, they have included several built-in formulas that you can easily implement into your charts. You will find that the built-in studies are the same as those you find in the Add Study menu, but the built-in studies are saved in .efs format, which means you can edit them and make them more complex if you wish. All formulas are saved in the formulas folder in the eSignal directory.
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