Collaboration to design a new indicator?

[Robert2617]

Here is a radarscreen one called "Tug of war". It shows who is in control, buyers or sellers. It does multi time intervals as well.

[LegacyColorValue = true]; {_SMAA_TugOfWar } {*************************************** Written by: Hondo Description: For Intra Day Use Only ****************************************} {Modifying Programmer: Avery T. Horton, Jr. aka TheRumpledOne, gifts and donation accepted, PO Box 43575, Tucson, AZ 85733 } { © Copyright 2006 Avery T. Horton, Jr.} Inputs: iDecimals(2); VARIABLES: Last_Close ( 0 ) ; variables: xTug(0), xPeriods(60), xInterval(0), sFirstPass(true), xMRO( 0 ), xIndMin( 0 ), xIndAvg( 0 ), xInd(0), tInd(""), FG1(white), BG1(black), fg2(white), bg2(black), fg3(white), bg3(black), fg4(white), bg4(black), vdummy(""); {commentary variables} variables: xcomm(0), oComm1( "" ), oComm2( "" ), oComm3( "" ), oComm4( "" ), oComm5( "" ), oComm6( "" ), oComm7( "" ), oComm8( "" ), oComm9( "" ), oComm10( "" ); {first time through} if sFirstPass then begin sFirstPass = false; {bar test} If bartype = 4 then xInterval = 94 else If bartype = 3 then xInterval = 93 else If bartype = 2 then xInterval = 92 else If bartype = 1 then begin xInterval = BarInterval; end; { If bartype = 1 } end; {if sFirstPass} { INITIALIZE } tInd = ""; FG1 = WHITE; BG1 = BLACK; fg2 = WHITE; bg2 = BLACK; fg3 = WHITE; bg3 = BLACK; fg4 = WHITE; bg4 = BLACK; { PROCESSING } { calculations } if bartype <> 1 then tInd = "error - intraday interval only" ; if Last_Close <> Close or BarStatus(1) = 2 then begin // Calcs, Plots, Buy/Sells go here {Tug of War} Value1 =((HighD(1)-LowD(1))+(HighD(2)-LowD(2))+(HighD(3)-LowD(3))+(HighD(4)-LowD(4))+(HighD(5)-LowD(5)))/5; Value2 =(HighD(0) - Value1); Value3 =(LowD(0) + Value1); value5 = Value3 - Value2 ; if value5 <> 0 then xTug = ( Close - Value2 ) / value5 else xTug = xTug[1] ; end ; // update only on price change of last tick of bar Last_Close = Close ; { Alert criteria } xInd = xTug ; If xInd > xInd[1] then begin Fg1 = green; Bg1 = BLACK; end else If xInd < xInd[1] then begin Fg1 = red; Bg1 = BLACK; end else begin Fg1 = white; Bg1 = BLACK; end; If xInd > .50 then begin tInd = "Buyers Winning" ; Fg2 = green; Bg2 = BLACK; end else If xInd < .50 then begin tInd = "Sellers Winning" ; Fg2 = red; Bg2 = BLACK; end else begin tInd = "Draw" ; Fg2 = white; Bg2 = BLACK; end; Plot1( xTug , "Tug of War", fg1 ) ; SetPlotBGColor( 1, bg1); Plot2(tInd, "Message", fg2 ) ; SetPlotBGColor( 2, bg2); { Plot3( oSlowK, "oSlowK", fg3 ) ; SetPlotBGColor( 3, bg3); Plot4( oSlowD, "oSlowD", fg4 ) ; SetPlotBGColor( 4, bg4); } xComm = _fCommentary(oComm1, oComm2, oComm3, oComm4, oComm5, oComm6, oComm7, oComm8, oComm9, oComm10); CommentaryCl(oComm1 ); CommentaryCl(oComm2 ); CommentaryCl(oComm3 ); CommentaryCl(oComm4 ); CommentaryCl(oComm5 ); CommentaryCl(oComm6 ); CommentaryCl(oComm7 ); CommentaryCl(oComm8 ); CommentaryCl(oComm9 ); CommentaryCl(oComm10 ); CommentaryCl( " Tug Of War ", NumToStr(xInd, iDecimals) );

[Robert2617]

Here is the file to make it easier.

[wsam29]

	Quote:	Soultrader
	Ok heres the indicator... thanks for the chart Tin. Apparently its called the volume breakdown indicator. Does anyone know if this exits for TS? Thanks

I have something like that, I'll post a screen shot of it in action and you tell me if that is what you are looking for.

it even plots an average of volume but you can take it out if yuo don't like it.

[Soultrader]

Sure I would like to take a look. Insideday made an indicator posted on page 1 of this thread which is pretty much what I wanted. I'll post a snapshot of that tomorrow after the close since it only works in real time. Thanks

[wsam29]

	Quote:	Soultrader
	Sure I would like to take a look. Insideday made an indicator posted on page 1 of this thread which is pretty much what I wanted. I'll post a snapshot of that tomorrow after the close since it only works in real time. Thanks

Are you saying there is an Easy Language programmer here???

[Soultrader]

I think there are several. Ant for example made the Market Profile Indicator for Tradestation. Insideday just made this Bid/Ask indicator and a few others like Nasdaq is good with EL also.

[wsam29]

interesting so if I had some idea of an indicator which I needed some help with or possibly even have them type it up?

ever think of an auto pivot point indicator?

just enter the high, low, close and voila, PP, S1, R1, etc. plotted on the price chart.

The Auto-Pivots Indicator

[Soultrader]

Yea.. Ant already made that for me. Check "soultrader's pivots" in the indicator forum.

[wsam29]

I must be blind, where is this indicator forum?

nevermind I found it.

[Robert2617]

Here is TRO's version (automatic floor pivots) with a radar trade indicator. The radar indicator should be set on 15 min time interval. It's a football analogy to trading. On the radar screen, Trade tells you when the alert hits, Possession is who has the ball (who is in control), TOP is the time of possession and Ball On is where the price is on a 100 yard field. Both are included in the eld.