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.

Xiao si

Learning Easy Language

Recommended Posts

Can anybody point me to some good books or courses for EL that i can do remotely?

 

EasyLanguage is really easy.

If you have read the manuals, and tried the examples, you are pretty well set to go.

Share this post


Link to post
Share on other sites
I learned by studing the built-in code and stuff I found on the net. Take it apart and put it back together. If you get stuck google for a solution or post questions.

 

 

This is also how I learnt/am learning. Hands on is much easier than trying to learn things from a manual (exactly like a spoken language in fact). If you discover something in EasyLanguage whilst trying to overcome a trading problem that matters to you, then you are much more likely to remember it.

 

The other thing that I have relied on heavily is the dictionary in the EL development environment. Oh, and if all else fails, ask Tams or Onesmith who always seem to have the answers!

Share this post


Link to post
Share on other sites
Can anybody point me to some good books or courses for EL that i can do remotely?

 

You could start with Tradestation's own material

 

Books | School of EasyLanguage | TradeStation University

 

Some is free - some is not.

 

Then there are various links on the web which will start you off:

 

Free Tutorials for EasyLanguage Services for TradeStation

EasyLanguage Tutorials

 

Just google "Easylanguage Examples"

Share this post


Link to post
Share on other sites

Lots of great stuff here folks,thanks! FWIW i've got Sunny Harris's book that i'm working my way through, the examples are kind of handy but I've got to wade through the complete novice stuff about TS to get to the EL stuff, no worries though.I'm also working my way through MultiCharts manual.

 

Cheers,

 

XS

Share this post


Link to post
Share on other sites
Lots of great stuff here folks,thanks! FWIW i've got Sunny Harris's book that i'm working my way through, the examples are kind of handy but I've got to wade through the complete novice stuff about TS to get to the EL stuff, no worries though.I'm also working my way through MultiCharts manual.

 

Cheers,

 

XS

 

I would go with the TS freebies first.

 

Not that Sunny's book is not good,

but I think it is unnecessary. TS has been in business for over 20 yrs, they have answered more customer questions on EasyLanguage than all the other vendors combined. Don't you think they have learned a thing or two about teaching their customer? Their free manuals are the result of years of training and teaching, you don't get anything more precis and to the point than these books. Their examples are selected because that's what most users call in to ask. If you have gone through their examples once, you can write very sophisticated indicators without any hand holding. But learning EL is like learning trading, people like to pay for a course, buy books, etc., instead of putting in some sweat with the free stuff.

Share this post


Link to post
Share on other sites

Can someone help me with this code...i've copied it from an old book on TS. I think it was before they changed the syntaz a bit....it will not compile and i'm stuffed if i know why...:crap:

 

 

If Open of next bar > high of this

bar or open of next bar < low of

this bar then buy next bar at

close of this bar + range

of the bar on stop;

 

if open of next bar < low of this bar

or open of next bar > high of this bar then

sell next bar at close of this bar - Range

of this bar stop;

Share this post


Link to post
Share on other sites

You are only permitted to look at next bar open in a strategy. The buy and sell statements refer to this bars close and this bars range. The conditional requirements for both of the stop orders were the same so I condensed them.

 

if open[-1]>H or open[-1]<L then begin
   buy next bar c+range stop;
   sell next bar c-range stop; 
end;

Share this post


Link to post
Share on other sites
You are only permitted to look at next bar open in a strategy. The buy and sell statements refer to this bars close and this bars range. The conditional requirements for both of the stop orders were the same so I condensed them.

 

if open[-1]>H or open[-1]<L then begin
   buy next bar c+range stop;
   sell next bar c-range stop; 
end;

 

this came out of an old TS book, word for word, when did this change onesmith?

 

Also, the -1 refers to next bar as 1 or +1 refers to bars back?

 

Thanks heaps,

 

XS

Share this post


Link to post
Share on other sites

You made a typing error in the 5th line where you used "the" instead of "this". You could of debugged this by commenting out the entire first paragraph. The second paragraph verifies correctly so it gives you a model you can compare against the first paragraph.

 

 

[-1] is the same as next bar.

Share this post


Link to post
Share on other sites

I got this from the MC forum....FYI

 

If Open of next bar > high of this bar or

open of next bar < low of this bar then

buy next bar at close + range stop;

 

if open of next bar < low of this bar or

open of next bar > high of this bar then

sellshort next bar at close - Range stop;

 

sell next bar at market;

buytocover next bar at market;

 

I suspect that I'll come across more issues with the old code while working my way through the book. The book is here

 

Its pretty handy actually, goes through the whole process and you get some EL practice as well. Its just a bit outdated....i tried to find a more recent version to no avail.

 

Cheers,

 

 

CanOz

Share this post


Link to post
Share on other sites
I got this from the MC forum....FYI

 

If Open of next bar > high of this bar or

open of next bar < low of this bar then

buy next bar at close + range stop;

 

if open of next bar < low of this bar or

open of next bar > high of this bar then

sellshort next bar at close - Range stop;

 

sell next bar at market;

buytocover next bar at market;

 

I suspect that I'll come across more issues with the old code while working my way through the book. The book is here

 

Its pretty handy actually, goes through the whole process and you get some EL practice as well. Its just a bit outdated....i tried to find a more recent version to no avail.

 

Cheers,

 

 

CanOz

 

you should learn to use the code tag

Share this post


Link to post
Share on other sites

Hello,

 

In your other thread you have been discussing the importance of look-inside-bar resolution in backtesting. The following code should (hopefully!) be an adaptation of the above code for implementation on a lower timeframe (eg 5 min) chart, where it is assumed that you're wanting to trade data points from a daily chart (which I imagine was the intention of the original author as you say it has come from an old book and few people constructed intra-day strategies way back when):

 

 

If (opend(0)>highd(1) or opend(0)<lowd(1)) then
Buy next bar at closed(1)+(highd(1)-lowd(1)) stop;

If (opend(0)<lowd(1) or opend(0)>highd(1)) then
Sell next bar at closed(1)-(highd(1)-lowd(1)) stop;

 

I haven't actually checked this, so hopefully it works! You might want to experiment with adding a condition that limits the number of trades to one per day. You may also want to give some thought to how the strategy should deal with an open that, for instance, is greater than the prior close+prior range, and could therefore trigger your stop way above the desired entry.

 

Bluehorseshoe

Share this post


Link to post
Share on other sites
what code tag? do you mean commenting?

 

After you've typed your code out in the reply box, select it and then hit the ' # ' symbol on the kitchen sink above - this will put the code in a box in a courier style font, and keep Tams happy.

 

Also, if you select your code and then use the symbol that looks like a flashing dollar sign, this will cause TL to forward your code to the guys at RenTech, who will give it a good look over and then send it back to you with suggestions for modifications and improvements, along with a complimentary example of some of their own strategies. Or maybe that was just a lovely dream that I had . . . :)

 

Bluehorseshoe

Share this post


Link to post
Share on other sites

Also, if you select your code and then use the symbol that looks like a flashing dollar sign, this will cause TL to forward your code to the guys at RenTech, who will give it a good look over and then send it back to you with suggestions for modifications and improvements, along with a complimentary example of some of their own strategies. Or maybe that was just a lovely dream that I had . . . :)

 

Bluehorseshoe

LOL @ BH....

 

I'm trying to write a show me study to plot the high and low of the opening bar. Sort of a way to define the opening range on the chart. I'm stuffed if i can get my right sided brain around it!

 

In simple terms i want to plot the high of the first bar of the day regardless of wether or not its 15, 30 or 60 minute chart...

 

Any help with this simple little plot?

 

Cheers,

 

XS

Share this post


Link to post
Share on other sites
how far have you got on the sunny book?

 

Just got back to it today....stopped to read "Unholy Grails"...by Nick Radge...you read it yet?

 

I'm a right brain guy and the coding really does my head in. I struggle to stay focused on one thing for any period of time....so its a real bitch learning any kind of language, including Mandarin...and EL.:crap:

 

XS

Share this post


Link to post
Share on other sites
Just got back to it today....stopped to read "Unholy Grails"...by Nick Radge...you read it yet?

 

I'm a right brain guy and the coding really does my head in. I struggle to stay focused on one thing for any period of time....so its a real bitch learning any kind of language, including Mandarin...and EL.:crap:

 

XS

 

You would do much better if you had started with TradeStation's EL Essentials.

Concise, to the point, with relevant examples.

 

 

I lived in SH for 6 months, I know what you mean about Mandarin.

Believe me, EL is a lot easier.

Share this post


Link to post
Share on other sites
Just got back to it today....stopped to read "Unholy Grails"...by Nick Radge...you read it yet?

 

I'm a right brain guy and the coding really does my head in. I struggle to stay focused on one thing for any period of time....so its a real bitch learning any kind of language, including Mandarin...and EL.:crap:

 

XS

 

No, I have not read Radge. Not interested.

Share this post


Link to post
Share on other sites
Tams, I am curious why you are not interested in reading Radge's Unholy Grail. Thanks in advance for your insights.

 

I have to admit ignorance... I am not familiar with what he's teaching. I am self-sufficient; I do not have an immediate need for whatever he is offering. Maybe those who has read his book can start a thread on him and his teachings, so that we can all be enlightened. Maybe I would even go buy a book just so that I can keep up with the discussion.

Share this post


Link to post
Share on other sites
I have to admit ignorance... I am not familiar with what he's teaching. I am self-sufficient; I do not have an immediate need for whatever he is offering. Maybe those who has read his book can start a thread on him and his teachings, so that we can all be enlightened. Maybe I would even go buy a book just so that I can keep up with the discussion.

 

Fair enough too, you seem beyond the need for enlightenment regarding the benefit of systematic trading anyway.

 

Perhaps I'll find a thread on books a do a quick review there for those that may benefit from such a publication.

 

Cheers,

 

 

XS

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

    • Date: 22nd November 2024.   BTC flirts with $100K, Stocks higher, Eurozone PMI signals recession risk.   Asia & European Sessions:   Geopolitical risks are back in the spotlight on fears of escalation in the Ukraine-Russia after Russia reportedly used a new ICBM to retaliate against Ukraine’s use of US and UK made missiles to attack inside Russia. The markets continue to assess the election results as President-elect Trump fills in his cabinet choices, with the key Treasury Secretary spot still open. The Fed’s rate path continues to be debated with a -25 bp December cut seen as 50-50. Earnings season is coming to an end after mixed reports, though AI remains a major driver. Profit taking and rebalancing into year-end are adding to gyrations too. Wall Street rallied, led by the Dow’s 1.06% broadbased pop. The S&P500 advanced 0.53% and the NASDAQ inched up 0.03%. Asian stocks rose after  Nvidia’s rally. Nikkei added 1% to 38,415.32 after the Tokyo inflation data slowed to 2.3% in October from 2.5% in the prior month, reaching its lowest level since January. The rally was also supported by chip-related stocks tracked Nvidia. Overnight-indexed swaps indicate that it’s certain the Reserve Bank of New Zealand will cut its policy rate by 50 basis points on Nov. 27, with a 22% chance of a 75 basis points reduction. European stocks futures climbed even though German Q3 GDP growth revised down to 0.1% q/q from the 0.2% q/q reported initially. Cryptocurrency market has gained approximately $1 trillion since Trump’s victory in the Nov. 5 election. Recent announcement for the SEC boosted cryptos. Chair Gary Gensler will step down on January 20, the day Trump is set to be inaugurated. Gensler has pushed for more protections for crypto investors. MicroStrategy Inc.’s plans to accelerate purchases of the token, and the debut of options on US Bitcoin ETFs also support this rally. Trump’s transition team has begun discussions on the possibility of creating a new White House position focused on digital asset policy.     Financial Markets Performance: The US Dollar recovered overnight and closed at 107.00. Bitcoin currently at 99,300,  flirting with a run toward the 100,000 level. The EURUSD drifts below 1.05, the GBPUSD dips to June’s bottom at 1.2570, while USDJPY rebounded to 154.94. The AUDNZD spiked to 2-year highs amid speculation the RBNZ will cut the official cash rate by more than 50 bps next week. Oil surged 2.12% to $70.46. Gold spiked to 2,697 after escalation alerts between Russia and Ukraine. Heightened geopolitical tensions drove investors toward safe-haven assets. Gold has surged by 30% this year. Haven demand balanced out the pressure from a strong USD following mixed US labor data. Silver rose 0.9% to 31.38, while palladium increased by 0.9% to 1,040.85 per ounce. Platinum remained unchanged. 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 FX and CFDs 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.
    • A few trending stocks at support BAM MNKD RBBN at https://stockconsultant.com/?MNKD
    • BMBL Bumble stock watch, pull back to 7.94 support area with high trade quality at https://stockconsultant.com/?BMBL
    • LUMN Lumen Technologies stock watch, pull back to 7.43 support area with bullish indicators at https://stockconsultant.com/?LUMN
×
×
  • Create New...

Important Information

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