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Showing results for tags 'moving average'.
Found 46 results
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I am trying to write a multitimeframe system in Easylanguage. I basically have a higher timeframe system that works but would like to add some lower time frame logic to it to make it better. I have created arrays for the higher time frame o h l and c. When I try to use xaverage on those arrays, Multicharts complains of incorrect argument type. I assume this is because the Xaverage requires NumericSeries as input and not an array. How do I get around this?
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// Normalized Bollinger Bands // version beta 0.1 // Author: TAMS // Date: 20100630 // Copyright: TAMS // License: personal use only // Terms: this header must be retained // // Description: // This indicator plots the normalized Bollinger Bands, // with normalized price bars overlaying the band widths // The band widths are colored cyan when they are expanding, // and light gray when they are contracting. // // The Bollinger Bands can be calculated // using exponential moving average (Use.Xavg = true), // or simple moving average (Use.Xavg = false). // // note: // this indicator was written with MultiCharts. // I have not tested it on other EasyLanguage compatible software. // A thorough read of Bollinger on Bollinger Bands is recommended. Comments and suggestions are welcome. You are invited to post your enhancements. Normalized Bollinger Bands (MultiCharts).pla Normalized Bollinger Bands.txt
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I know how to use moving averages for swing trading and longterm trading. How to use ema and sma for day trading? -
Red Light / Green Light I have previously posted this on another thread. It was for MultiCharts. Someone asks if I can make a TradeStation version. Yes of course, here it is: This might well be the Holy Grail you have been looking for. Description: this is a MA based indicator The indicator turns green when the price is trading above the MA and turns red when the price is trading below the MA. Format Setting: set the General Style to Point, Weight to heavy For the indicator to appear on the bottom of the screen, set the scale Range to Maxium=50, Minumum=-1 For the indicator to appear on the bottom of the screen, set the scale Range to Maxium=1, Minumum=-50 You can adjust the Length of the MA period. (MC only) if you leave it at 0 (zero), the MA is automatically set to 3 periods for minute/hour/day charts and 7 periods for tick and volume charts Midrange is used to calculate the MA redlight_greenlight_(MC).txt redlight_greenlight_(TradeStation).txt
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Ergodic (Double Weighted) Based on a concept by William Blau as described in his book Momentum, Direction, and Divergence the Ergodic Oscillator (EO) is a double smoothed index with a signal line. The Ergodic is intended to act like a stochastic indicator without the "compression" often seen with stochastics at extremes. As a result, the Ergodic helps to register long trends in prices. Note: This EasyLanguage indicator was written in MultiCharts. I have not tested it in other compatible programs. Please refer to your users manual for importation instructions. Ergodic Double Weighted.txt ERG_Double_Weighted_(MultiCharts).pla
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Without the inclusion of mass (M) in the formula ( because best I can tell the instruments traded have no mass ) - what are the best measures of instantaneous acceleration of price (or derived trading information) ? ( and I swear, Tams, if you ask for a picture, I will blow you up with a smilie ) Thanks.
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Hi, I am running a show me on TS 8.6. The idea is that it will plot a show me when both the fast and slow averages are pointing up, when on the previous bar, either the fast or slow average were not pointing up. The problem I am having is that once a show me is plotted, further plots are made, which I do not want, I only want the plot when both averages are pointing up, when on the previous bar either one or the other were not pointing up, then i do not want any further plots until at some time in the future, the obove occurs again. I attach a chart, with arrows showing where the plots should be, as the show me, which as you can see in not plotting correctly. Below is the code that I have. Many thanks for all your continued help guys.
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ARSI ARSI is a Moving Average with reduced lag. RSI is used to "weigh" the moving average value, resulting in a line that closely hug the price value. This indicator was described by Perry Kaufman in his book "New Trading Systems and Methods" note: This EasyLanguage indicator was written in MultiCharts. I have not tested it in other compatible programs. You should import the function first, then the indicator. For addition assistance, please refer to your users manual for importation instructions. Your comments and rating of this indicator is appreciated. ARSI_(MultiCharts).pla function_ARSI.txt indicator_ARSI.txt
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Power555 and I decided to open a new thread titled Jurik Indicators to invite the members of TL for a stimulating discussion and sharing of ideas. A prior thread was posted as follows. http://www.traderslaboratory.com/forums/30/paint-bar-factory-4930-4.html#post74588 Additional charts could be posted for future discussion.
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Hi All, Having looked at the thread on Hull MA, I thought this might be of interest to others. When I got interested in technical analysis, I was very keen on using indicators, etc, like most newbies, and came across the following formula for significantly reducing the lag inherent in moving averages. That was a while ago, and am now more interested in reading price and volume, but thought others might be able to make better use of it than I have. The basic formula is: &EMAOne := MovingAvgMethod (Close , Periods , 2) &EMATwo := MovingAvgMethod (&EMAOne , Periods , 2) &Diff := &EMAOne - &EMATwo &EMAOne + &Diff Replace "MovingAvgMethod" with whatever MA you prefer. And here's a pic comparing several different MAs with/out Zero Lag, including Hull: Regards,
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I am interested in learning how Bollinger Bands are used in trading. What is the purpose of this tool? Is anyone trading effectively using Bollinger Bands? Thank you
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Here is a Tradestation Strategy utilizing the Hull Moving Average (please find the Hull MA eld under "Screaming Fast Moving Average") All credit to Atavachron. Type : Strategy, Name : Hull Moving Average Trading System { jtHMA strategy } inputs: price(Close), jthmaLength( 21 ), upColour(Blue), downColour(Red); variables: Avg(0), colour(0); Avg = jthma( price, jthmaLength ) ; if Avg > Avg[1] then colour = upColour; if Avg < Avg[1] then colour = downColour; {buy sell Criteria} if colour[1] <> colour then if colour = upColour then Buy ( "jup" ) next bar at market ; if colour[1] <> colour then if colour = downColour then sell ( "jdn" ) next bar at market ; {original this line is: sell short ( "jdn" ) next bar at market ; } You will want to tweak the instrument, period/tick count, session and look-back to get satisfactory results. This strategy is designed for market orders at the next bar after the signal. Any input regarding discretionary filter to be used in conjunction with this strategy would be appreciated. Hope the Helps.
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VIDYA - The Variable Index Dynamic Index by Tushar Chande VIDYA is basically an adaptive exponential moving average. The adaptation speed is determined by market momentum, as measured by "AbsCMO", the absolute value of the Chande Momentum Oscillator. This indicator is described in Chapter 3 of Dr. Chande's book "The New Technical Trader". VIDYA_(MultiCharts).pla
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I have attached a simple indicator that easily lets me know how many pips or points to the moving average. I am determined to get all the money i have lost trading against the trend. I came up with this to help me decide how much room there is. For me it is easier to quickly look and see if it is worth it. I'm sure that this could be improved. Right now it is a simple ma, function can be changed other moving averages, or indicators. It could even be implemented to show the actual amount next to candle on chart, using the same concept as ticks to go. Anyway. enjoy. I'm sure that there must be already something like this out there . I didn't bother looking because it was easy enough to write it. I also have it scaled for 4 decimals. DISTANCETOMA.ELD
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Type: Indicator Name: BWI BB Band Width Indicator: created by John Bollinger, of the Bollinger band and Bollinger Capital Management fame, as presented by John Forman in the Nov.1994 issue of "Technical Analysis of Stocks and Commodities". Idea: BWI is a measure of a tradeable's ability/tendency to trend. It is faster than an ADX, in that it will move earlier and reset itself earlier too. When the BWI is low, the volatility is low. ie. there isn't any trend. When it has a positive slope, there is a trend. I have added the following enhancements: 1. up/down colors for easy directional identification 2. option to use Exponential Average BWI_a.txt
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Here is a 'very inexpensive' alternative to Juriks Moving Average contributed in Easy Language by John D. McCormick (TS handle = JDM, see jmactrader.com). Full thread is at https://www.tradestation.com/Discussions/Topic.aspx?Topic_ID=77583&SearchTerm=a%20better%20moving%20average&txtExactMatch= Posted with his permission. Please retain his 'copyright' info in the code. Many thanks to JDM. QUICK.ELD
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Hi: Does anyone know if there is a way to shade in the area between upper/lower Bollinger Bands as shown in attached pic? Thanks!
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Which moving average works best day trading on a 5 minute chart?
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Does anyone have a Bollinger Band that has a middle band plot a different color as it moves up/down? This is similar to T3 trend band.
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Hi.. I am looking for an RSI with BB indicator for tradestation 8 a nonbn price frame rsi with no overbought and oversold and BB overlay for the indicator frame.... tried to build my own.... but the bads just squish on the indicator frame... would appreciate help with this... thanks sergej
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I am looking to trade the dollar on a 5 minute timeframe. Can anyone recommend a set moving averages that I can use? Do I need to use a shorter moving average for a shorter time frame? Or does this not matter at all? Thanks
