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Everything posted by jjthetrader
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Auto Pivot Point Indicator with Labels
jjthetrader replied to Soultrader's topic in Trading Indicators
The Floor Pivots indicator in this forum calculates it automatically for each day. For some reason it doesn't come up with the proper values though. highd(1) gets the high of the day so how do we incorporate that into this one? -
Auto Pivot Point Indicator with Labels
jjthetrader replied to Soultrader's topic in Trading Indicators
Do you actually have to manually enter the HLC values or is this actually automatic? Thanks JJ -
Thank you, I appreciate the advice. When everyone screams Bull I get nervous. Have a good weekend, JJ
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Thanks for you insight. I like the 2 point stop as well. But what I don't like is the false moves in the direction of my stops that catch them and then continue in the direction I wanted them to in the first place. Do you put your stops into the market or stop it out manually when it reaches that level? My TS strategy has a 2 point stop but usually I've run up a bit and could have gotton out with a 1/4 point or more or even breakeven before the rundown to my stop. What I'm actually looking for is tradestation code to take a minimum profit if I've run up and it starts to run down. Thank you, JJ
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Hi there, I'm unsure of how to code what I am trying to accomplish. My current strategy has a profit target set. Quite often the price will get just shy of this and reverse. I am looking for something almost like a trailing stop but more like "If this happens then take this minimum profit". Say I want 2 points on the emini S&P but if it got up 1 point and starts to turn how could I set a minimum profit of 1/4 point AFTER it turns? Thank you kindly for any tips. JJ
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For anyone who cares, the solution to this dilema I posted is just the location of the open and close in relation to a very short moving average and in relation to that same relationship one day ago. If you look at the pics above you will see this. So trageguider is correct that it's not a crossover system. I haven't coded it out yet but I can see the logic now.
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Thanks, will do. This company is pretty tight lipped. It's "proprietary" etc. they say. It's one of their software's claim to fame. cheers, JJ
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Is there a way to get this indicator to show solid lines instead of dashed? thanks
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Hi, it's built right into the program so I can't see anything. I can overlay a moving average and that seems to be what it follows but I'm looking for it's color changing criteria cause they seem to be pretty accurate. I tried If Close < Avg then red and the same for green but this only matches up about 80%. It's the white ones I'm interested in because they are supposed to be "possible trend reversal". I could just use tradeguider but I like having everything in Tradestation to keep it all in one window and to be able to incorporate into a strategy if I feel inclined. I thought maybe someone on this forum might have some experience with tradeguider and know it's ins and outs. Thanks JJ
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Hi all, I'm trying to recreate an indicator for TradeStation from a program I have called tradeguider. They call it 'the diamond indicator' which is basically a moving average. That much I can handle. But the 'diamonds' change colour signaling a change in short term trend. Red is a downtrend, white signals a possible reversal and green is up. I was just wondering if anyone knew the criteria for this change? It appears to be some kind of crossover signal but the folks at tradeguider say that's not it. If anyone has any theories I'd love to hear them. If not, thank you for your time. This guy seems to have ripped it off nicely at hawkeyetraders:
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There's a link on page two of this thread. The TradeStation code is posted there. To start I would have a look at it to get the logic behind the paintbar study. If you don't know any EasyLanguage then I'd take that code to a forum where people know esignal language. I personally don't because I can't stand esignal. Good luck with your quest. I hope you find answers.
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I would think you just translate the trade station code into esignal.
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Thank you for the link. Much appreciated.
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Hi, the paintbar shown in the photos of this indicator with the blue and red bars, is there accompanying code for this?
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Thanks for the heads up. I was contemplating it but I find TradeGuider much better although I would like to have TradeGuider and Tradestation fused into one.