Mov. Average Count / Rel. Strength

[Mr.Flo 10]

Hey guys,

 

I am working on an idea to better filter my watchlist for rel. strength plays but having some trouble to implement my ideas in tradestation easylanguage. I guess I am not approaching it from the right view but might be easy for you guys. Would very much appreciate ur help on this. I am working on 2 indicators for radar screen but failed so far:

 

1) Count bars that close above 20 period moving average, start counting when first time price cross above 20 period moving average. Reset signal when close below.

 

2) Is it possible to compare a list of stocks directly to one symbol in a column. Trying to work something out for: %-change-from-open of symbol (in the watchlist row) divided by %-change-from-open of spy (or spx) so that I can see the rel. strength and weakness.

 

Thankful for any ideas on how I can code those indicators!

[zdo 20]

Mr.Flo,

Suggestion: post the barebones of what you have coded for these and someone will help you fix ...

[BlueHorseshoe 10]

1) Count bars that close above 20 period moving average, start counting when first time price cross above 20 period moving average. Reset signal when close below.

 

Thankful for any ideas on how I can code those indicators!

 

I haven't tested this, as I'm not at a computer with TS at the minute, but this should work okay. If not, then let me know. BlueHorseshoe

 

Vars:Counter(0);

If C>Average(C,20) and C[1]<Average(C,20)[1] then
Counter=1;

{or you could just use "If C crosses over Average(C,20) then"}

If Counter[1]>0 and C>Average(C,20) then
Counter=Counter[1]+1;

If C<Average(C,20) then
Counter=0;

Plot1(Counter,"ClosesAboveAvg",Green);

[Mr.Flo 10]

Works very good, thanks BlueHorseshoe!

[BlueHorseshoe 10]

Works very good, thanks BlueHorseshoe!

 

No worries. I don't use the radar screen so I'm not certain of coding for that, but it should be fairly straightforward for what you require. You could try asking Onesmith or Tams very nicely via a PM - they're usually able to come up with an answer for anything EL related.

 

BlueHorseshoe