Smart Money Index

[pimind 10]

Does anybody have the smart money index coded for tradestation?

 

I am having trouble calling up the time functions on when to start and stop.

 

I basically want to take a price at a certain time and take the difference of a price at the end of a different time.

I was trying to use the cantradetime with the time reserved word but can't get it ot give me what i am looking for.

Edited June 8, 2009 by pimind

[Tams 20]

Does anybody have the smart money index coded for tradestation?

I am having trouble calling up the time functions on when to start and stop.

 

 

 

you have to provide more information if you are looking for useable answers.

...don't expect people to google smart money index for you.

[pimind 10]

sorry tams i assumed it was a well known indicator.

 

The smart money indicator takes the following information:

 

The closing price at 10:00 am - the opening price at 9:30am

 

it then takes the price at 4:00pm - the opening price at 3:00pm

 

It then add those 2 numbers.

 

It then adds these to a running index.

 

Example: Todays Open was 933.50, At 10am the close was 929 for a value of

-4.50

Today's open at 3pm was 931.50 and close at 4pm was 938.25 for a value of 6.75

 

Take the index form yesterday assume it was 600 add -4.50 and then add 6.75.

 

The final value would be 602.25.

 

My problem is trying to get the values at those times I can't figure out what reserved word to use to call that value.

[Tams 20]

...My problem is trying to get the values at those times I can't figure out what reserved word to use to call that value.

 

 

 

the keywords are:

 

OPEN -- the opening price of a bar.

 

CLOSE -- the closing price of a bar.

 

 

 

i.e. if you have a daily chart, these keywords will give you the day's opening and closing price respectively.

if you have a 30 min chart, these keywords will give you that 30 min bar's opening and closing price respectively.

 

 

p.s. in real time, the CLOSE keyword will give you the current LAST price of the bar...

Edited June 9, 2009 by Tams

[pimind 10]

thanks tams,

 

I am aware of the the open and close keywords and that they return the open and close of the bar, my problem is that i need a daily bar and reference the open and close of certain times mainly the open at 9:30 the close 10:00 the open at 15:00 and the close at 16:00, That is where i'm having a problem. How can I call up these values on a daily bar.

[Tams 20]

thanks tams,

 

I am aware of the the open and close keywords and that they return the open and close of the bar, my problem is that i need a daily bar and reference the open and close of certain times mainly the open at 9:30 the close 10:00 the open at 15:00 and the close at 16:00, That is where i'm having a problem. How can I call up these values on a daily bar.

 

 

you can extract the prices at those times...

 

but the values will be transient.

 

i.e.

-- if you do not have the chart open before those times, you won't get the values.

-- after you closed the chart, the values will be gone.

 

 

You can check out Global Variables.

I have not tried it, but it might help.

http://www.traderslaboratory.com/forums/f46/global-variable-v2-2-a-6023.html

Edited June 9, 2009 by Tams

[pimind 10]

Thanks again tams,

 

This seems to be beyond my scope of programming, I will just continue to plot it manually in excel.

 

 

Thanks

[BlowFish 10]

What I would try is having a hidden data series of 15 minute bars (or 30 minutes if they fit the session exactly). Make that series hidden but extract the values from them. Plot a daily bar on top (or 1450 minute one or whatever it is for a day if TS wont let you mix day and intraday).

[pimind 10]

thanks blowfish i'll try that.