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Assign Numbers To An Indicator
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Assign Numbers To An Indicator

  #1 (permalink)
HONOLULU
 
Trading Experience: None
 
Posts: 22 since Feb 2019
Thanks: 6 given, 3 received

Assign Numbers To An Indicator

Hello and thank you for taking the time to read this.

I still use TS2000i and I know it is similar to the newer versions of TS.


In any event this is what I am trying to do:

1. I am using 10 minute bars and a 5 period SMA

2. The indicator I am trying to create is in it own subparagraph where there are different levels 5,4,3,2,1,0,-1,-2,-3,-4,-5

3. I am trying to code an indicator where the first time the Close is > SMA then plot a line at 1 //the lines should connect , kind of like RSI or %R

the 2nd time the C > SMA then plot a line at 2

the 3rd time the C > SMA then plot a line at 3 and so on

4. Reverse is true if C < SMA

5. It will reset everyday //date <> date[1]

I cannot understand how to get past 1.

If anybody can help me Thankyou !

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  #2 (permalink)
Site Administrator
Manta, Ecuador
 
Trading Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 47,333 since Jun 2009
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Which platform? So this can be moved to appropriate section.

Mike

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The following user says Thank You to Big Mike for this post:
 
  #3 (permalink)
 Vendor: www.abctradinggroup.com 
Hamburg Germany
 
Trading Experience: Advanced
Platform: Multicharts, Tradestation
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 2,055 since Apr 2013
Thanks: 360 given, 1,299 received


@Big Mike Tradestation judging by the abbreviations TS2000i (i.e. Tradestation 2000i) and TS.

Regards,

ABCTG


Big Mike View Post
Which platform? So this can be moved to appropriate section.

Mike


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The following user says Thank You to ABCTG for this post:
 
  #4 (permalink)
 Vendor: www.abctradinggroup.com 
Hamburg Germany
 
Trading Experience: Advanced
Platform: Multicharts, Tradestation
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 2,055 since Apr 2013
Thanks: 360 given, 1,299 received

Hi Joe50,

one approach that could work is using a variable that you increment or decrement every time your conditions are fulfilled. Then simply plot this variable and maybe add additional plots for the levels.

Regards,

ABCTG


Joe50 View Post
Hello and thank you for taking the time to read this.

I still use TS2000i and I know it is similar to the newer versions of TS.


In any event this is what I am trying to do:

1. I am using 10 minute bars and a 5 period SMA

2. The indicator I am trying to create is in it own subparagraph where there are different levels 5,4,3,2,1,0,-1,-2,-3,-4,-5

3. I am trying to code an indicator where the first time the Close is > SMA then plot a line at 1 //the lines should connect , kind of like RSI or %R

the 2nd time the C > SMA then plot a line at 2

the 3rd time the C > SMA then plot a line at 3 and so on

4. Reverse is true if C < SMA

5. It will reset everyday //date <> date[1]

I cannot understand how to get past 1.

If anybody can help me Thankyou !


Reply With Quote
The following 3 users say Thank You to ABCTG for this post:
 
  #5 (permalink)
HONOLULU
 
Trading Experience: None
 
Posts: 22 since Feb 2019
Thanks: 6 given, 3 received

Thankyou for replying.

I will try this.

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The following user says Thank You to Joe50 for this post:

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