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MC Traders dynamic index -> conveting to MC


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MC Traders dynamic index -> conveting to MC

  #11 (permalink)
 ABCTG   is a Vendor
 
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asanichara,

I am glad to hear this and thanks for the feedback.
All the best for 2014.

Regards,
ABCTG

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  #12 (permalink)
 crosscreek 
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Anyone using the free Multicharts.net with Interactive brokers? The full program is also available for $39 a month.

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  #13 (permalink)
sanich
san juan
 
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Lampert View Post
@yiman - I have a Ninja-code phobia , so here are two versions of the Traders Dynamic Index from other forums. The results look the same in the screen shot. If you want this code modified, perhaps you could provide some instructions and a screenshot of what it should look like.



 
Code
// TDI w VolBand - code from traderslaboratory.com March 19, 2009
  
inputs:
	Price( Close ),
	Length( 13 ),
	Vol_bands( 34 );

variables:  MyRSI(0), TraderSignalLine(0 ), MidZone(0), UpZone(0), DnZone(0) ;

MyRSI = Average(RSI( Price, Length ), 2 ) ;
TraderSignalLine = Average( MyRSI, 7 );
Midzone = Average( MyRSI, Vol_bands );
UpZone = MidZone + 1.6185 * StdDev( MyRSI, Vol_bands );
DnZone = MidZone - 1.6185 * StdDev( MyRSI, Vol_bands );
 
Plot1( MyRSI, "RSI" ) ;
Plot2( TraderSignalLine, "TSignalLine" );
Plot3( Midzone, "MidZone" );
Plot4( UpZone, "UpZone" );
Plot5( DnZone, "DnZone" );
Plot6( 68, "68Line" );
Plot7( 50, "50Line" );
Plot8( 32, "32Line" );
 
Code
//  Traders Dynamic Index - code from Forex-TSD.com October 9, 2011
  
Input: Price( Close );
Input: RSIPeriod(13);
Input: PriceLinePeriod(2);
Input: SignalLinePeriod(7);
Input: AverageLinePeriod(34);
Input: LevelH(68);
Input: LevelM(50);
Input: LevelL(32);
vars: RSILine(0);
vars: PriceLine(0);
vars: SignalLine(0);
vars: AverageLine(0);
vars: BandsLineU(0);
vars: BandsLineL(0);
RSILine = RSI( Price, RSIPeriod);
PriceLine = Average (RSILine,PriceLinePeriod);
SignalLine = Average (RSILine, SignalLinePeriod);
AverageLine = Average (RSILine, AverageLinePeriod);
BandsLineU = BollingerBand (RSILine, 34, 1.62);
BandsLineL = BollingerBand (RSILine, 34, -1.62);
Plot1( PriceLine, "PriceLine");
Plot2( SignalLine, "SignalLine");
Plot3( AverageLine, "AverageLine");
Plot4( BandsLineU, "BandsUp");
Plot5( BandsLineL, "BandsDown");
Plot6( LevelH, "LevelHigh");
Plot7( LevelM, "LevelMedium");
Plot8( LevelL, "LevelLow");

Len

Hi Len
Can code the TDI so that it will alarm when RED croses Blus lines
Regards
Sanich

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  #14 (permalink)
sanich
san juan
 
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asanichara View Post
Len and ABCTG
I install the TDI and test for the last few months.
Its working PERFECT.
I am going live as of the 1/2/2014
Thanks again---Also to Big Mike for having this foroum

Len on your first TDI chart on the 17 where RED crosses YELLOW and and on the 18 where RED crosses PINK. Can you create an ALARM to alert
when these crosses happened
Thanks

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  #15 (permalink)
sanich
san juan
 
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len on your first TDI chart on the 17 where RED crosses YELLOW and and on the 18 where RED crosses PINK. Can you create an ALARM to alert
when these crosses happened
Thanks

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  #16 (permalink)
 olobay 
Montreal
 
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011


sanich View Post
len on your first TDI chart on the 17 where RED crosses YELLOW and and on the 18 where RED crosses PINK. Can you create an ALARM to alert
when these crosses happened
Thanks

Try this:

 
Code
vars:

PriceLine (0),
SignalLine (0),
MidBand (0),
UpperBand (0),
LowerBand (0);

PriceLine = average(RSI(close,13) ,2);
SignalLine = average(RSI(close,13) ,7);
MidBand = average(RSI(close,13) ,34);
UpperBand = MidBand + 1.62 * StdDev(PriceLine, 34);
LowerBand = MidBand - 1.62 * StdDev(PriceLine, 34);

Plot1(PriceLine, "PriceLine");
Plot2(SignalLine, "SignalLine");
Plot3(MidBand, "MidBand");
Plot4(UpperBand, "UpperBand");
Plot5(LowerBand, "LowerBand");
Plot6( 68, "68Line" );
Plot7( 50, "50Line" );
Plot8( 32, "32Line" );

if Plot1 > Plot4 then 
	Alert ( "Priceline above UpperBand");
	
if Plot1 < Plot5 then 
	Alert ( "Priceline below LowerBand");

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  #17 (permalink)
sanich
san juan
 
Posts: 4 since Jan 2015
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Olobay
Thank you very much for responding.
Will try it and let tou know
Thanks again
Sanich

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