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Developing a Strategy with Purchased Indicators


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Developing a Strategy with Purchased Indicators

  #1 (permalink)
goodoboy
Houston
 
Posts: 380 since Dec 2016
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Hello,

I have been using a few indicators I purchased from a trading vendor. I trade a mechanical manually trading system that heavily involves the indicators.

Now, I would like to build an automated trading strategy with the indicators I purchased with my manual rules for trading with the indicators.

Do you have any resources on how I can generate a strategy using the indicators I purchased?

Will I need access to the indicator code to accomplish this task? I am not sure if the indicators are code protected or if the vendor will allow this.

I am new to NT7 automated programming, so any help on my task will be helpful.

Thanks,

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  #3 (permalink)
 
rleplae's Avatar
 rleplae 
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The result of the indicator needs to be 'exposed', versus just drawing things on the screen.
You can make a chart with your indicators, and try to see if the value shows up in the databox (icon on top of your chart kind of magnifying glass), you can post it here in your thread

Sometimes, you can also choose it inside the indicator

You don't need to vendor to agree, you bought the usage of the indicator
However should the value not be exposed, then you'll need to collaboration of the vendor to add it

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  #4 (permalink)
goodoboy
Houston
 
Posts: 380 since Dec 2016
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rleplae View Post
The result of the indicator needs to be 'exposed', versus just drawing things on the screen.
You can make a chart with your indicators, and try to see if the value shows up in the databox (icon on top of your chart kind of magnifying glass), you can post it here in your thread

Sometimes, you can also choose it inside the indicator

You don't need to vendor to agree, you bought the usage of the indicator
However should the value not be exposed, then you'll need to collaboration of the vendor to add it

Thanks rleplae for response,

The vendor package comes with a chart template and indicators that is on the chart template. So its one chart with all the custom indicators involved. The indicator (emas, CGI, MACD, etc) can be seen if right click on chart and another data box appears showing all the indicator values to make a visual/manual decision such as 20 ema above the 80 ema, and so forth.

So the indicator values are exposed if I right click on the chart. The indicators values below are exposed but not the emas up top are not exposed.

Thanks,

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  #5 (permalink)
 
rleplae's Avatar
 rleplae 
Gits (Hooglede) Belgium
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Then you can write a strategy and call those values.

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  #6 (permalink)
goodoboy
Houston
 
Posts: 380 since Dec 2016
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rleplae View Post
Then you can write a strategy and call those values.

Thank you rleplae very much.

So, I do not need to see the code behind the indicators or chart template to call the values in a strategy?

Thanks

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  #7 (permalink)
 
rleplae's Avatar
 rleplae 
Gits (Hooglede) Belgium
Legendary Market Wizard
 
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
Trading: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
Posts: 3,003 since Sep 2013
Thanks Given: 2,442
Thanks Received: 5,863

No, you don't need the source code.
you need to understand the value calculated by the indicator and work with that inside your strategy

YOu can look at the code i have written in the past and posted here :



In the source file you will see various indicators been used

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  #8 (permalink)
goodoboy
Houston
 
Posts: 380 since Dec 2016
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rleplae View Post
No, you don't need the source code.
you need to understand the value calculated by the indicator and work with that inside your strategy

YOu can look at the code i have written in the past and posted here :



In the source file you will see various indicators been used

Thank you rleplae for response,

I will review your code and reply if needed.

Thanks

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  #9 (permalink)
goodoboy
Houston
 
Posts: 380 since Dec 2016
Thanks Given: 344
Thanks Received: 246


rleplae View Post
No, you don't need the source code.
you need to understand the value calculated by the indicator and work with that inside your strategy

YOu can look at the code i have written in the past and posted here :



In the source file you will see various indicators been used

Thank you for link. I am not a Elitetrader right now. I still studying development of strategy and programming.

Do you like NinjaTrader programming platform? I am currently studying #c programming.

Thanks

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