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XDays Back Hi-Lo (RT Intraday) Line

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// xDays back Hi-Lo (RT intraday) Line

// author: MultiCharts

 

// Version 1.01

// date: 2009053

// aaa

 

// Hi-Lo extracted from the Day Open-Hi-Lo Lines Multicharts Indicator

// added

// StartDate( 1090515) YYYMMDD

// lookback( 0 )

// set to 0 = StartDate

// set to x nbre = x days back

 

Please, if needed, feel free to correct my code :newbie:

 

attachment.php?attachmentid=10903&stc=1&d=1243078899

Snap1.thumb.jpg.d09b5bad5f72f8b42357b835e6095362.jpg

xDays back Hi-Lo (RT intraday) Line.txt

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I follow my idea, step by step, putting code from here to there

 

I try to add the price at the last bar of the top/low only in the current day without success

 

Any suggestion is welcomed

 

var5 = High ;

var6 = Low ;

 

 

Value10 = Text_New(Date, Time, var5 , "High");

Value11 = Text_New(Date, Time, var6 , "Low");

 

text_SetLocation(Value10,date, time, var5);

text_SetLocation(Value11,date, time, var6);

 

Text_SetString(Value10, "High"+ NumToStr(var5, 2) );

Text_SetString(Value11, "Low" + NumToStr(var6, 2) );

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I try to add the price at the last bar of the top/low only in the current day without success...

 

My code is wrong or missing something

 

11042d1243760428-xdays-back-hi-lo-rt-intraday-untitled-1.jpg

Untitled-1.thumb.jpg.07aff23228a36dcb52900e9f220ff349.jpg

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I try to add the price at the last bar of the top/low only in the current day without success...

My code is wrong or missing something

 

 

 

You have to describe what is wrong or missing something.

I can't read your mind. :-(

 

try these ideas...

 

 

 

var5 = HighD ;

var6 = LowD ;

 

 

// make the HL text labels first... so that you can "move" them later!

 

if currentbar = 1 then

begin

Value10 = Text_New(Date, Time, var5 , "High");

Value11 = Text_New(Date, Time, var6 , "Low");

end;

 

 

// move the HL text labels to new location

 

text_SetLocation(Value10, date, time, var5);

text_SetLocation(Value11, date, time, var6);

 

Text_SetString(Value10, "High"+ NumToStr(var5, 2) );

Text_SetString(Value11, "Low" + NumToStr(var6, 2) );

Edited by Tams

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My code is wrong or missing something

...You have to describe what is wrong or missing something.

 

So my code was good and you've found what was "missing" !! :)

 

I don't find HighD LowD in the Multicharts User Guide...

 

Anyway It works fine with this

 

if currentbar = 1 then

begin

 

Multicharts User Guide

Currentbar

Returns the number of the current bar.

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HighD is a function, not a keyword.

It is described in the EasyLanguage® Functions & Reserved Words Reference

 

If you go to the PowerEditor, look under functions, you can see the codes inside HighD.

 

 

 

 

HighD (Function)

 

 

The HighD series function allows you to reference the daily high of a previous day in an intraday chart (minute or tick-based) or a daily chart.

HighD is one of a family of functions that allows historical references across various data intervals.

 

 

Syntax

 

HighD(PeriodsAgo)

 

 

Returns (Double)

 

The daily high price from a specified number of days ago.

If the PeriodsAgo parameter is out of range (> 50), or

there is not enough data, the function will return –1.

 

 

Parameters

 

Name: PeriodsAgo

 

Type: Numeric

 

Description: Sets the number of days/periods back to reference a previous day’s high

price. (50 days back maximum) (0 = Today’s current high)

 

 

Remarks

 

You must have enough intraday data in the chart in order to look back and reference any previous daily high.

For example, if you want to look back at the high of 25 days ago on a 5-minute chart, you must have at least 26 full days of 5-minute bars in the chart.

 

The value for the PeriodsAgo input parameter should always be a whole number greater than or equal to 0, but less than 51.

Setting PeriodsAgo to 0 returns today’s current high.

 

 

Example

 

In order to place a short limit order at the High of the previous day you would write:

 

SellShort Next Bar at HighD(1) Limit;

 

 

See Also

 

LowD, CloseD, OpenD, HighW, HighM, and HighY.

Edited by Tams

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// xDays back Hi-Lo (RT intraday) Line

// author: MultiCharts

 

// Version 1.01

// date: 20090523

// aaa

 

// Hi-Lo extracted from the Day Open-Hi-Lo Lines Multicharts Indicator

// added

// StartDate( 1090515) YYYMMDD

// lookback( 0 )

// set to 0 = StartDate

// set to x nbre = x days back

 

// Version 1.02

// date: 20090531

// aaa

// added

// Price on the right side of the lines

xDays back Hi-Lo (RT intraday) Line 1.02.txt

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If it could help

 

they are more information in TS help than in MC help

 

HighD is documented in TS 8.4 Easylanguage help.chm ( 3.5 Mo )

 

not in MC 5.0 Powerlanguage Help.chm ( only 0.2 Mo)

 

I've thought interesting to post here some info (autotranslated in English) founded on the net about

 

-Easy Langage (TradeStation '91)

versus

-PowerLangage (Multicharts '99)

 

------------------------------------------------------------------------

 

Multicharts is on this day the most serious alternative in Tradestation.

 

It is indeed about a mini Tradestation, a real clone of this last but whose developments advance more quickly and that considers to really push the things more loins than its eldest especially.

 

Multicharts presents many assets. it offers a total connectivity in the first place to all fluxes of the market, including those of Tradestation Securities. But what makes its biggest strength that is the Power Language, a clone of the Easy Language permitting to import all your Tradestation scripts. Compatibility not being assured to 100% again, it subsists some instructions at the present time EL non holds in charge but nothing of blocking. Until now what I could not compile could be comfortably shaped.

 

Of the comparative tests between TS and Multicharts done on several Backtests, all based on the same data of TS Securities, showed some results 100% identical to the pips near. That it was about the trades, the prices, statistics presented in the reports or the Equity Curve, all is completely identical. To note that the shape of the reports is however different since Multicharts adopts a presentation inspired of the reports eSignal. There is not therefore to expect bad surprise when to the motor of backtesting.

 

That remains the "Tradestation Like" however therefore subject to the same limitations that this last. Out of the question for example to bring up systems of scalping since it is impossible to have knowledge of the book and to manage the investments of orders (Buy the Bid / Sell the offer), Multichart as TS emulates the executions merely and transmits them in Market Order to the next tick, that remained perfectly maladjusted to the trading high frequency and even less to the scalping on the future of indications or rates (for that a tool as SmartQuant permitting to place the orders really and to modify them to work the order book is adapted very more). Now for the intraday in 15 minutes or in Hourly that remained of very far the simplest of the solutions to put in work. To note however that a next version of Multicharts foresees to be able to place and to manage some orders already in place at the broker, what opens the way to a more sophisticated automation.

 

Multicharts especially puts the accent on the performances of calculations. From that point of view it surpasses Tradestation very extensively.

 

First of all the very architecture of the software is completely Multithreaded what permits to continue to work during an optimization or the calculation of a complex indicator. When you throw an optimization on Tradestation, you are blocked, useless to tempt to open another chart or to throw another calculation, its old and monolithic architecture blocks you completely. On Multicharts you can continue to browse your workspaces, to open new charts, to do other backtests, brief you continues to work as if of nothing was.

 

Then the use of the Multicore permits a gain of performances meaningful compared in Tradestation. I compared TS 8.2 and Multicharts 3.1 on the calculation of one of my personal indicators. I chose the most complex in term of time of calculations.

 

The Calculation is done on a portable Sony Vaio Core2Duo from a historic GBPUSD in bar 15 active min of 10/2002 at 31/05/2007. The historic descended TS has been imported on Multicharts:

 

Time of calculation

Tradestation 8.2 16:24 min

Multicharts 3.1 10:00 min

 

One notes that one passes of one time of calculation of 16 minutes and 24 seconds on TS to 10 minutes on Multicharts. The indicator's results are completely identical between the two softs, there is not artifice of calculation or mistake. Multicharts is therefore practically 40% faster than Tradestation on this simple test.

 

Those that wondered what interest it could have there to use Multicharts on a TS flux since in this case one has Tradestation as necessarily have just found here the answer.

 

Numerous improvements are to the program with in the first place a Speed increased from the Backfill of the local data (the big weak point of Multicharts). After some tests one notes a clean improvement effectively since henceforth the most recent data are displayed while the rest continues to be in charge (before it was necessary to be patient until the complete loading to have the last bars). The system seems to function by groups of 100 000 bars, it charges by pieces in some sorts. The remains together however again in values a little too elevated since it is necessary one minute before having a complete chart in 5 min on 5 years and half, either 324 000 bars (for the same period in 1h the time is the same). Optimizations can be brought again to this level.

Edited by aaa

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