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.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

gatrader

Easy Language - Help with Simple System

Recommended Posts

I luuurv EL it really is ...well easy. There is a downloadable reference guide on TS site somewhere. Another advantage is there is a huge wealth of public domain code you can cannibalise.

 

What I'd do is open up a couple of TS studies and see how they work. Start with a simple moving average or whatever takes your fancy. You might have to look a couple of things up but you'll be knocking out simple studies in no time.

 

Cheers.

Share this post


Link to post
Share on other sites

Blu-Ray:

 

I know you have coded up some indicators in the past and posted them freely on this forum and for that I thank you for your generosity. I do have a simple EL question for you. How would one store the opening 60 min high and low as a variable to be used for other calculations? Thanks in advance.

 

What is it you need doing? ( You can send it by PM if you want )

 

Cheers

 

Blu-Ray

Share this post


Link to post
Share on other sites

if you are using an hourly chart you could say "if date<>date[1] then..." and then save the high and low of this bar using whatever variables you want.

This is just a way of identifying the first bar of the session.

Share this post


Link to post
Share on other sites

another route is to declare a name for a variable like this (on 60-min chart):

 

vars: aa(0), bb(0);

 

if time=1030 then aa=high;

if time=1030 then bb=low;

----

then you can reference aa or bb in further code.

 

 

or for 30-min chart:

 

vars: aa(0), bb(0);

 

if time=1030 then aa=highest(h,2);

if time=1030 then bb=lowest(l,2);

 

etc...

-----

depending on further code, sometimes may have to write as:

 

if time=1030 then aa=high else aa=0;

Share this post


Link to post
Share on other sites
Blu-Ray:

 

I know you have coded up some indicators in the past and posted them freely on this forum and for that I thank you for your generosity. I do have a simple EL question for you. How would one store the opening 60 min high and low as a variable to be used for other calculations? Thanks in advance.

 

Thanks bh_trade

 

Yes, it would be as waveslider mentioned on his post if your using an hourly chart, or alternatively if your using a smaller timeframe chart, then putting an "endtime" as input would be easy enough for you.

 

Here's an example of the code you would need.

 

Inputs:

endtime (1030);

 

Vars:

HH(0),LL(0);

 

if date<>date[1] then begin

HH = high;

LL = Low;

end;

 

if time <= endtime then begin

if high > HH then HH = High;

if Low < LL then LL = Low;

end;

 

Hope this helps

 

Blu-Ray

Share this post


Link to post
Share on other sites

Thanks to both Blu-Ray and Waveslider for responding. Blu-Ray, I was looking to access the first hour highs and lows on a lower timeframe chart, so your solution was the one I was looking for - thanks again.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • ORLY OReilly Automotive stock, nice top of range breakout, from Stocks to Watch at https://stockconsultant.com/?ORLY
    • Date: 28th March 2025.   Market Selloff Deepens as Tariff Concerns Weigh on Investors     Global stock markets extended their losing streak for a third day as concerns over looming US tariffs and an escalating trade war dampened investor sentiment. The flight to safety saw gold prices surge to a record high, underscoring growing risk aversion. Stock Selloff Intensifies The MSCI World Index recorded its longest losing streak in a month, while Asian equities saw their sharpest decline since late February. US and European stock futures also signalled potential weakness, while cryptocurrency markets retreated and bond yields edged lower. Investors are scaling back their exposure ahead of President Donald Trump’s expected announcement of ‘reciprocal tariffs’ on April 2. His latest move to impose a 25% levy on all foreign-made automobiles has sparked fresh concerns over inflation and economic growth, prompting traders to reassess their strategies. Investor Strategies Shift Market experts are adjusting their portfolios in anticipation of heightened volatility. ‘It’s impossible to predict Trump’s next move,’ said Xin-Yao Ng of Aberdeen Investments. ‘Our focus is on companies that are less vulnerable to tariff policies while taking advantage of market dips to find value opportunities.’ Yield Curve Signals Economic Concerns In the bond market, the spread between 30-year and 5-year US Treasury yields widened to its highest level since early 2022. Investors are bracing for potential Federal Reserve rate cuts if economic growth slows further. Long-term Treasury yields hit a one-month peak as inflation risks tied to tariffs spurred demand for higher-yielding assets. Boston Fed President Susan Collins noted that while tariffs may contribute to short-term price increases, their long-term effects remain uncertain. Gold Hits Record High as Safe-Haven Demand Rises Amid market turbulence, gold prices soared 0.7% on Friday, reaching an all-time high of $3,077.60 per ounce. Major banks have raised their price targets for the precious metal, with Goldman Sachs now forecasting gold to hit $3,300 per ounce by year-end. Looking Ahead As investors digest economic data showing US growth acceleration in Q4, attention will turn to Friday’s release of the personal consumption expenditures (PCE) price index—the Federal Reserve’s preferred inflation measure. This data will be critical in shaping expectations for future Fed policy moves. With markets on edge and trade tensions escalating, investors will closely monitor upcoming developments, particularly Trump’s tariff announcement next week, which could further dictate market direction.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Crypto hype is everywhere since it also making new riches as well, i however trade crypto little as compared to other forex trading pairs.
    • The ewallets can be instant withdrawals like skrill etc or they can also pay through crypto but not tested their crypto withdrawals so far.
    • I noticed that this broker has also started crypto cfds to trade. Crypto fever is almost everywhere in my opinion and the traders making good sums of money too.
×
×
  • Create New...

Important Information

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