Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I'm trying to come up with an opening range indicator. I know there are already countless ones out there (and here), but none of which I've tried so far work with an indicator as an input.
I've already coded an opening range indicator which works for price given a start and end time but it just won't work when using an indicator (e.g. SMA) as an input. The problem I'm facing is that Times[x][0] doesn't work with indicator values. As such I'm thinking I might need to add the indicator as a DataSeries, but am struggling to make it work.
If anyone can share some insight I would be grateful, and would also be happy to share the finished product here on futures.io (formerly BMT) in case anyone has some use for it like I do.
Thanks
Can you help answer these questions from other members on NexusFi?
Hi guys, I've been struggling with coding and OR indicator with a perfect time sync, wanted to do it for some time, but finally found the motivation to do it.
This OR indicator uses a 1 minute time series to provide accurate values on all type of …
Have tried both their OR indicators in that post and the ones in the downloads section but unfortunately they don't work with indicators either. Will seek out their help on that thread though!
Well I have an indicator which estimates the fair value of a security based on the movements of two to three other securities and plots the premium/discount to this estimate of fair value.
I am playing around with a strategy which is based on a breakout of the range of the premium/discount from the first hour's range. Right now it does this by checking the value of the indicator c.f. the previous high/low attained on every OnBarUpdate and updating the high/low values as necessary. At the end of the defined Opening Range, the high/low values are ready for use.
However, I'm thinking that if I could turn this into an indicator, it would be much more flexible.