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

[LS_Chad]

Here is a version that can be used in Investor/RT or MarketDelta:

Images | ChartHub.com

Pro version is required. To adjust the MA period, double-click on the red light color markers, then click "Edit", then double-click on the MA token in the upper right corner.

Here is another version of that chart that gives red light/green lights for 6 different MA periods (From Top to Bottom: 5, 10, 20, 40, 80, 160);

Images | ChartHub.com



Another view with rectangles (and zoomed out) instead of ovals/circles:

http://www.charthub.com/images/2009/...eenLight_4.png

[aaa]

crossing ADE - All Data Everywhere with Red Light / Green Light

Tams

You explained very clearly what we can do with All Data Everywhere

Leanrning from an indicator is the best to understand EasyLangage

Would you mind to code a "Bach' variation" from Red Light / Green Light to show how ADE works ?

In a 1 mn chart

First line of dots
The indicator turns green when the price is trading above the MA of a 60 mn chart
and turns red when the price is trading below the MA 60 mn

Second line of dots
The indicator turns green when the price is trading above the MA of a 15 mn chart
and turns red when the price is trading below the MA 15 mn

Third line of dots
The indicator turns green when the price is trading above the MA of a 5 mn chart
and turns red when the price is trading below the MA 5 mn

[Tams]

Originally Posted by aaa »

crossing ADE - All Data Everywhere with Red Light / Green Light

Tams ...
Would you mind to code a "Bach' variation" from Red Light / Green Light to show how ADE works ?
...

I am busy in the next 6 weeks.
I will try to find some time in between.

Anybody want to give it a try?
Programming skill improvement guaranteed.

[aaa]

It was a suggestion and I didn't thought it was complicate

I hope that it is a good idea to represent different scales in dots line

It should open doors to different indicators (stochastique etc...) that I could try to developp here

May be only one line ?

...Half a line ?

[aaa]

Here is a kind of stuff similar than Red Light / Green Light idea

...Quarter of a line ?

Code for Traders site link below ;

ModHA for ADE

[alfa2430]

is it possible this red light/green light for ninja platform.

[aaa]

I'm sorry I don't know this platform