Considering Tradestation: want to know if possible
I'm considering opening a TradeStation account for my technical analysis. I've been a longtime user of various Worden products (Telechart and Stockfinder) but believe the company has lost it's focus. I have two particular indicators that I'd like to ask about, as you all are TradeStation users. I'm not looking for anyone to code or create these, but rather, I'd appreciate your thoughts on whether it is POSSIBLE to create this functionality in Tradestation.
INDICATOR A -
I take 4 different "traditional" indicators, weight them, add them together, take their "average" and plot them. I also assign a moving average looking for a crossover. The logic is something like:
Making a Custom Index & charting / plotting indicators is relatively straightforward, although there used to be a limit of 50 symbols. Quite a few very helpful posts about this on the TS Forums, but you have to have a Customer Login.
Some of the TS Forum members are astonishingly accomplished and helpful programmers...