TD Demand Point

January 26th, 2011, 10:55 PM

kaywai

jon, you are correct!. it should be Lows compared with Lows. Thx!

cory, I have been searching in my midst of coding other TD indicators but have not come across anything that will help me determine the points. drawing the initial line should be fine though there are rules there too.

Untested!! As a DataSeries you could have

TDDP1.Set((Low[1] < Low[2] && Low[1] < Low[0])[0]);
TDDP3.Set((Low[3] < Low[0] && Low[3] < Low[1] && Low[3] < Low[2] && Low[3] < Low[4] && Low[3] < Low[5] && Low[3] < Low[6])[0]);

DemandPoint1.Set(0);

if ( TDDP1[0] == true )
{ DemandPoint1.Set(1); }

if ( TDDP1[0] == false )
{ DemandPoint1.Set(-1); }

January 27th, 2011, 02:03 AM

Jon, I came across this code...not sure if it works but it seems more inline with what I'm trying to achieve. Please take a look.

PointA = Point;
PointB = Point;

while (PointA > 0)
{
PointA--;
PointB++;

if (Close[Point] < Close[PointA] && Close[Point] < Close[PointB])
{
if (PointA == 0)
{
DemandPoint = true;
}
else
{
PointA = 0
DemandPoint = false;
}
}
}

January 27th, 2011, 08:42 AM

kaywai

Jon, I came across this code...not sure if it works but it seems more inline with what I'm trying to achieve. Please take a look.

PointA = Point;
PointB = Point;

while (PointA > 0)
{
PointA--;
PointB++;

if (Close[Point] < Close[PointA] && Close[Point] < Close[PointB])
{
if (PointA == 0)
{
DemandPoint = true;
}
else
{
PointA = 0
DemandPoint = false;
}
}
}

My gut feeling is that there is a problem ... I dont think you can have both PointA and PointB equal Point ?! I have never seen anything like " Close[Point] " to be able to comment at all ...

I guess you will find out when you add it to some already stable code as a test ..

Jon

January 27th, 2011, 10:33 PM

if Point is an "int" variable, would that work? let me check it out later tonight.

January 30th, 2011, 01:59 AM

Kaywai, if your intention is to visualize the demand/supply points on a chart, esam_jir has posted an indie in the thread "fractal points (tradestation)" over the weekend which may be helpful to you. The demand/supply points that you were referring to are essentially fractal points. I have indicated the demand/supply points in the chart below:

Level 1 Demand Points : Blue triangles
Level 1 Supply Points : Red triangles
Level 2 Demand Points: Green dots
Level 2 Supply Points: Orange dots
Level 3 Demand Points: Green hash
Level 3 Supply Points: Pink hash

January 30th, 2011, 05:37 AM

Thank you very much wccktrader! It looks like what I am looking for!

Pretty sure I don't understand the code but...

January 30th, 2011, 08:53 AM

Jon, that code I showed you wasn't good but I came up with this (TDPoints). Wccktrader showed me a very interesting code (FractalPoints) which is more efficiently written and certainly more robust. Check it out.

February 1st, 2011, 06:57 PM

Here is correct thinkscript code for TDPoints, hopefully it might help you with Ninja...

February 2nd, 2011, 10:10 AM

Thx optntdr13! Any idea how i can open a thinkscript file?

February 3rd, 2011, 12:02 PM

Sure, what I did on my laptop was to associate Windows 7 and .ts files with notepad++. Apparently there exists some type of media file with the same extension though I haven't ever seen a file of this type so I changed the default. Otherwise, just select "open with" and browse until you find a text editor. I would post the code but it's pretty long. I also have code for the lines that I wrote as well. If you would like me to post that as well I am happy to do so. I just figured having the right code instead of most of the garbage TD indicator's out there might help. Please don't share the files outside of people you trust as I don't need the Demark trademark police coming to my house anytime soon

TD Demand Point

Discussion in NinjaTrader

TD Demand Point