reference future data in EasyLanguage?

shzhning · (login for full post details)

Hi I'm new to this forum, and this is going to be my first post.

Here's my question: I know you can reference historical data by using "[1]" (1 bar ago), but is it allowed to reference future data using "[-1]" (1 bar ahead)?

I'm asking this question because I'm working on a study that calls for identifying the highest/lowest price within a range of 5 bars, i.e. current bar, 2 bars before current bar, and 2 bars after current bar.

Thanks in advance!

Big Mike · (login for full post details)

shzhning

Hi I'm new to this forum, and this is going to be my first post.

Here's my question: I know you can reference historical data by using "[1]" (1 bar ago), but is it allowed to reference future data using "[-1]" (1 bar ahead)?

I'm asking this question because I'm working on a study that calls for identifying the highest/lowest price within a range of 5 bars, i.e. current bar, 2 bars before current bar, and 2 bars after current bar.

Thanks in advance!

There is no such thing as "after the current bar". Not unless you are trading from your Delorian going 88mph:

Mike

Big Mike · (login for full post details)

shzhning

I'm asking this question because I'm working on a study that calls for identifying the highest/lowest price within a range of 5 bars, i.e. current bar, 2 bars before current bar, and 2 bars after current bar.

If you want to know the High or Low of the last 5 bars:

Code

                            
vars:

  myH (0),

  myL (0);



myH = Highest(H, 5);

myL = Lowest(L, 5);

If you need something more advanced you'll need to explain more in depth your process so someone can help.

Mike

shzhning · (login for full post details)

Thanks Mike!

But this is not exactly what I'm looking for. Let me do a better job explaining my idea:

1) I would first look for the highest/lowest point within 3 bars, i.e. current bar and previous 2 bars.
2) Then I would wait for the next 2 bars to confirm. If the next 2 bars do not break through the previous range, then the range holds. If the next 2 bars do break through the previous range, then range would adapt dynamically.

I'm new to EasyLanguage and not sure if it's feasible in MultiCharts/TradeStation.

Thanks again!

Big Mike · (login for full post details)

shzhning

Thanks Mike!

But this is not exactly what I'm looking for. Let me do a better job explaining my idea:

1) I would first look for the highest/lowest point within 3 bars, i.e. current bar and previous 2 bars.

Code

                            
vars: 
  myH (0), 
  myL (0); 

myH = Highest(H, 3); 
myL = Lowest(L, 3);

shzhning

2) Then I would wait for the next 2 bars to confirm. If the next 2 bars do not break through the previous range, then the range holds. If the next 2 bars do break through the previous range, then range would adapt dynamically.

Code

                            
vars: 
  myH (0),
  myHbar (0),
  myL (0),
  myLbar (0);

if H > myH and myHbar <= 2 then begin

  myHbar = 0;
  myH = Highest(H, 3 + myHbar);

else

 myHbar += 1;

end;

if L < myL and myLbar <= 2 then begin

  myLbar = 0;
  myL = Lowest(L, 3 + myLbar);

else

 myLbar += 1;

end;

myH = Highest(H, 3 + myHbar); 
myL = Lowest(L, 3 + myLbar);

shzhning

I'm new to EasyLanguage and not sure if it's feasible in MultiCharts/TradeStation.

Just about anything is possible. Try the above code, I just wrote it free hand so it may need some work and probably a good amount of refinement for your exact needs, but I think you get the general idea.

Mike

shzhning · (login for full post details)

Thanks Mike! That's really helpful.

FYI, here's what I had in mind (hence my original question):
For high point: MaxList(high[2],high[1],high[0],high[-1],high[-2])
For low point: MinList(low[2],low[1],low[0],low[-1],low[-2])

BDawg · (login for full post details)

Trying to access a bar that hasn't happened yet is impossible.

That's why H[-1] doesn't work. It's in the future, so you don't know what it will be (unless you have the Delorean with the flux capacitor as stated above).

Here's a system that would work great because it knows whether to buy or sell short today and at what price, as well as what price to close the trade on tomorrow:

Code

if (H[-1] - L[0] > H[0] - L[-1]) then begin
    buy 100000 contracts at L[0] limit;
    sell 100000 contracts next bar at H[-1] limit;
end
else begin
    sell short 100000 contracts at H[0] limit;
    buy to cover 100000 contracts next bar at L[-1] limit;
end;

I wish my computer knew what the prices are gonna be for the next day or two, but unfortunately, it doesn't.

sunbeam · (login for full post details)

"I wish my computer knew what the prices are gonna be for the next day or two, but unfortunately, it doesn't."

Sorry for re-activating an old post but am new to MC and thought that you may not be aware that you can call up future bars/prices in Easylanguage. It is a dll called AnyOHLC.dll. However one needs to be very careful in applying it in signals!

simon007 · (login for full post details)

sunbeam

"I wish my computer knew what the prices are gonna be for the next day or two, but unfortunately, it doesn't."

Sorry for re-activating an old post but am new to MC and thought that you may not be aware that you can call up future bars/prices in Easylanguage. It is a dll called AnyOHLC.dll. However one needs to be very careful in applying it in signals!

Does anybody know where one can get AnyOHLC.dll?

Best regards,

Simon

reference future data in EasyLanguage?

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reference future data in EasyLanguage?

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