home
***
CD-ROM
|
disk
|
FTP
|
other
***
search
/
User's Choice Windows CD
/
User's Choice Windows CD (CMS Software)(1993).iso
/
win_m_p
/
prty10.zip
/
README.1ST
< prev
next >
Wrap
Text File
|
1991-12-01
|
12KB
|
235 lines
Parity Technical Analysis System
--------------------------------
Version 1.0
INSTALLATION INFORMATION
------------------------
For an initial installation of Parity you will need to have both
PRTY10.ZIP and PRTYRT.ZIP. Subsequent installations on the same
machine will only require PRTY10.ZIP or the equivalent for future
versions.
TO INSTALL PARITY
-----------------
If you are installing from the PRTY10.ZIP and PRTYRT.ZIP files:
1) Copy PRTY10.ZIP and PRTYRT.ZIP to any directory on your hard disk
and unzip the files using PKUNZIP. Please check the contents of
the unzipped files against the PACKING.LST file to verify that you
have a complete copy of the Parity files.
2) Start Windows. From the Program Manager click on File Run and type
in the directory you unzipped Parity's files to. Answer any
questions the installation program poses.
Parity will create a Parity 1.0 program group. This is a bit silly
so just drag the Parity 1.0 icon to any existing program group.
Make sure the Parity 1.0 program group is selected and then issue a
File Delete command.
If you received a disk directly from Parity Software Systems you can
skip step 1 above and install Parity directly from the floppy disk.
GETTING A HEAD START ON LEARNING PARITY
---------------------------------------
Parity is a sophisticated, flexible and powerful technical analysis
package which incorporates some unique concepts in its user interface
and chart creation capabilities. Although we strove to make Parity
intuitive and easy to use, its inventiveness and novelty will require
you to learn some new concepts.
We recommend that you quickly review the brief definitions that follow.
Then follow our step by step directions for your "first session" with
Parity. After that feel free to experiment with Parity's Group, Study,
Batch and Cluster commands. At some point we recommend that you take
the time to browse through Parity's extensive online help. Registered
users of Parity will also receive a comprehensive manual.
Parity Software Systems --README.1ST Page 1-- Parity Version 1.0
SOME DEFINITIONS
----------------
STUDIES
-------
A Study defines a Chart. You can define any number of studies in
Parity, each of which can have a 16 character name. A study can
include up to 9 formulas, each of which can be 500 characters long.
Normally a formula is simply one of Parity's predefined indicators or
chart procedures.
However a study is much more than just a list of the indicators you
want to plot or the formulas you have defined. A study also includes
all of the information on the colors, pane sizes and layouts, and
label settings which were used to create the chart.
By using the Study Editors you can control every aspect of a chart's
appearance, and then save that study definition to use with price data
from any stock you load. You can also accept Parity's default settings
which will be fine for most of the charts you create.
GROUPS
------
A Group is a list of any number of data files, in any number of
directories, on any disk, in any supported format. Think of each group
as defining a portfolio or area of interest.
BATCHES
-------
A Batch is a list of any number of studies you have created. Batches
will become more obvious after you complete the "First Session"
tutorial.
CLUSTERS
--------
A Cluster is the definition of the studies and screen configurations
which are used to display multiple charts at one time on any underlying
security.
YOUR FIRST SESSION WITH PARITY
------------------------------
1) Start Parity by double clicking on its icon in Windows 3.0. Read
the nagware forms which remind you that you are only permitted to
evaluate Parity for 30 days without paying for it.
2) From the Groups menu click on Load a Security. Double Click on one
of the four data files that are provided with Parity or load your
own data. A second Dialog Box will come up with various options you
can set for displaying a stock. Type -100 in the First Record text
box and click on OK. There will be a slight pause while the data
for the stock is loaded and a chart is displayed using the DEFAULT
Parity Software Systems --README.1ST Page 2-- Parity Version 1.0
study. Load a Security is the only Menu Command which automatically
causes a chart to be displayed. Normally you will display a chart
by clicking on one of the Display State icons which are explained
latter.
3) Now lets create a group. From the Groups menu click on
Create/Modify Group. Add stocks to the group by double clicking on
stock names in the Available Stocks list box. When you have added
several stocks to the group, type SampleGroup into the Group Name
text box and click on OK.
4) After you create a group you still need to select it as the
"current" group. From the Groups menu click on Select Current
Group. Double click on the SampleGroup shown in the available
groups list box. A second Dialog Box will come up with various
options you can set for displaying the stocks in this group. For
now just click OK. There will be a slight pause while the data for
the first stock is loaded.
5) Click on the Display Group icon on the tool bar. It looks like:
/\
/||\ When you click on this icon it will turn magenta and
|| the cursor will turn into an hourglass while the first
\||/ chart is being created. This will take 2 to 5 seconds
\/ on the speed of your computer, and display adaptor etc.
This is the default chart, just a High, Low, Close bar chart plotted in
the top pane and volume plotted in the bottom pane. If you want, use
Create/Modify Current Study in the Studies Menu to peruse the
definition of this study.
6) To display a more complicated chart, click on Select Current Study
in the Studies menu. Double Click on AllChartTypes. Now go back
and click on the Display Group icon again. There will be a longer
pause as Parity creates this chart. Just so you know, the
AllChartTypes study is about the slowest you can create with Parity.
If you have a math coprocessor in your system Parity will create
this chart fairly quickly. A 20 Mhz 80386 with a coprocessor will
outperform a 33 Mhz 80386 without one. Math coprocessors are CHEAP
and EASY TO INSTALL! After the chart displays, use Create/Modify
Current Study in the Studies Menu to peruse the definition of this
study. Click on the Chart Procedures radio button to change the
list box to display the chart procedures used to create this study.
7) Now lets select a new current study using the Select Current Study
command. Pick Cstck_BB_TSF_MOV by double clicking on its name.
8) Remember a Group is just a list of securities. Lets get our first
experience of moving around the Group. Click on the Forward icon in
the tool bar. It looks like -> a right arrow. This will cause the
next stock in the SampleGroup to be displayed with the Candlestick
study. Note how the Candlestick study displays Bollinger Bands,
Moving Averages, the Time Series Forecast indicator and the
Parabolic Stop and Reverse, and Zig Zag indicator all in the same
pane with the price data. By changing the settings with the Pane
Editor each of these indicators could be displayed in their own pane
which could overlay the price pane or be stacked on top of or below
Parity Software Systems --README.1ST Page 3-- Parity Version 1.0
it. Play around with the <--and --> icons to move around the group.
7) Lets explore a Batch of Studies. Click on Select Current Batch in
the Studies menu. Choose SampleBatch. Now click on the Display
Matrix icon in the tool bar. It is the one that goes all the way
across the width of the tool bar. The Display Matrix icon brings up
a visual representation of the virtual chart space that is defined
by the SampleGroup group and the SampleBatch batch. Think of the
Display Matrix as a spreadsheet. The vertical axis, or rows,
represent individual stocks. The horizontal axis, or columns,
represent individual studies. Each cell of the display matrix
represents the unique chart defined by that intersection of a stock
and a study. Click on a cell and then click on the Reposition
button. The chart defined by that cell will now be displayed and
you are repositioned in the matrix.
8) Play with the other Display tools at the bottom of the tool bar to
get a feel for how they move you through the Display Matrix.
Basically, the Display Group, Display Batch, Display Group on Batch,
and Display Batch on Group tools establish your "path" through the
Display Matrix. They also select the current chart, i.e. bring it
forward, or create it if it doesn't exist yet. The VCR type tools,
i.e., forward and reverse, and fast forward and fast reverse, move
you through the Display Matrix according to the path you established
with the Display tools. You can change your path any time just by
selecting a new Display tool.
9) Now lets see what a Cluster is. Click on Select Current Cluster in
the Clusters menu. Double click on the cluster which is named after
your display resolution. Before you do this make sure Parity is
maximized to run full screen. Click on the Display Group icon on
the tool bar. Parity will create 4 charts in a predefined screen
configuration using the data from your current stock. Resize the
charts which are created by dragging on the chart frame. When you
are satisfied, click on Create Cluster in the Clusters menu. Name
the cluster after yourself. Now select the cluster you just created
and display it again. I'm sure you see the possibilities!
Well that's your introduction to Parity in a nutshell. Please read the
Help. It includes lots more information, most of which will be
logically presented by using the browse feature of Windows 3.0's help
facility. Good Luck with your charting!
THE HOURGLASS MOUSE CURSOR
--------------------------
When Parity is creating a chart it sets the mouse cursor to an
hourglass shape. When the cursor is an hourglass you are unable to use
the mouse or the keyboard. If Parity is unable to complete creating
a chart because of an error in one of the formulas you entered the
mouse cursor remains locked in the hourglass shape. To unlock the
cursor, hit the up arrow key.
Parity Software Systems --README.1ST Page 4-- Parity Version 1.0