Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

cosmic

Members
 View Profile  See their activity

  • Content Count

    21

  • Joined

  • Last visited

Posts posted by cosmic

  6. Posted

    Good Morning mero7676,

    the downloaded ELD file only works for TradeStation or MultiCharts.

     

    Haven't used MetaStock in years, but it should not be too hard to make the code workable there.

     

    Good Sunday,

    cosmic

  10. Posted

    A "bonsoir de Paris" guys,

     

    here's the little ELD change for the zeroline crossover alert.

     

    I will also try to add the Radarscreen tweak as suggested by DrHo, but as I am not that used to using Radar it may take a bit longer.

     

     

    Good trades,

     

    cosmic

    TMF_OSC_ALERT.ELD

  11. Posted

    Thank You cosmic for the eld. Looks very good at showing divergences. Compiled fine on Multicharts.

     

    btrader2

     

    Fine btrader2,

    thanks for checking it out on MultiCharts, looks like the next step would be to add a automatic divergence detection routine.

     

    But for now, happy easter weekend all

     

    cosmic

  12. Posted

    Hi guys,

    first of all a big "thank you" to walterw for digging it up & posting the original Twiggs Money Flow over here.

     

    Please find attached my variation to this neat thing. Due to the recentering around a MA the ups & dns are more balanced & when you plot it as a histogram, divergences become very obvious.

     

    A short guide to the Inputs of this study:

     

    1. TMFPeriods(5) -> Length of the underlying TMF indicator

    2. AvePeriods(10) -> Length of the Average used for recentering

    3. SmoothOsc(4) -> Length of the WMA for the final smoothing of the Osc, 4 is my personal favorite & results in just one bar lag

    4. Col_Up(Blue) -> UpColor if the Osc is above the zeroline

    5. Col_Dn(Red) -> DnColor if the Osc is below the zeroline

     

    If anybody has suggestions for tweaks or improvements, I will do my best to incorporate them.

     

    Good trading to everyone,

    cosmic

    TMF_OSC.ELD

  16. Posted

    Cosmic,

     

    someone modified the code to smooth it out a bit. Is your code smoothed like that. I'd be interested in your version. Can you elaborate on what you mean by the divergences being more elaborate? Whould this be for daytrading?

     

    David

     

    Thanks for the interest David,

    i have attached an ELD with the code of my modifications.

    Also I changed the smoothing formula to Weighted MAs, like that a bit more.

    Since the most valuable part of the TMF are the divergences, I plot the recentered osc as a histogram, this makes it easier to read, a least for me.

     

    Good weekend,

    cosmic

    TMF_OSC.ELD

  17. Posted

    thanks walterw,

    if you like to have more up & dn consistency, you can recenter it around a longer term ma, divergences then also become more dramatic if you plot it as a histogram. can post the eld if interested.

    cheers, cosmic

  19. Posted

    thanks walterw, i like it on my charts, quick & clean divergences.

     

    did you also notice that it has a slight upward bias? at least it looks like this from the up & down distribution of the indicator.

     

    did some searching through the code, but nothing suspicious found ;-))

     

    cheers,

    cosmic

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.

  I accept