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Need Help
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Need Help

  #1 (permalink)
Elite Member
Minneapolis Minnesota
 
Futures Experience: Beginner
Platform: Tradestation/ Interactive
Broker/Data: Interactive Brokers/ Tradestation
Favorite Futures: Emini ES
 
Leatherneck's Avatar
 
Posts: 43 since Jan 2017
Thanks: 8 given, 10 received

Need Help

Hello everybody, I need help or some guidance with building a showme for my tradestation platform. Its based of my balance of power indicator.
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  #2 (permalink)
Elite Member
Minneapolis Minnesota
 
Futures Experience: Beginner
Platform: Tradestation/ Interactive
Broker/Data: Interactive Brokers/ Tradestation
Favorite Futures: Emini ES
 
Leatherneck's Avatar
 
Posts: 43 since Jan 2017
Thanks: 8 given, 10 received

And if it's possible, the opposite. Any help would be greatly appreciated, thank you

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  #3 (permalink)
 Vendor: www.abctradinggroup.com 
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,835 since Apr 2013
Thanks: 297 given, 1,118 received
Forum Reputation: Legendary


Leatherneck,

can you come up with clear rules that define when the Show Me should display something? From your screenshot it appears you are looking for divergences and verbalizing programmable rules for them can be a lot harder than spotting them for the human eye.

Seeing that you posted a similar request in the Tradestation forum, did the reply you received there about the MACD Divergence indicator help you? It seems to be a good start and you should be able change the MACD with the Balance of Power.

Regards,

ABCTG

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  #4 (permalink)
Elite Member
Minneapolis Minnesota
 
Futures Experience: Beginner
Platform: Tradestation/ Interactive
Broker/Data: Interactive Brokers/ Tradestation
Favorite Futures: Emini ES
 
Leatherneck's Avatar
 
Posts: 43 since Jan 2017
Thanks: 8 given, 10 received

Thank you for the reply, I did try making changes to the MACD divergence showme on the tradestation forums. I could never get it to validate. I'm probably doing something wrong. Here's example of Daily Strategy. Scan stocks nightly looking for Divergence opportunities.
Prefer Classic / Hidden Bullish Divergence. Or hidden Bearish Convergence (Price = LH, Indicator = HH, or Price = HH Indicator = LH.) my problem is I like my balance of power much more than the MACD Div
If Divergence is present, it will ALWAYS be Bullish. I'll upload a link of a MACD divergence show
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  #5 (permalink)
Elite Member
Minneapolis Minnesota
 
Futures Experience: Beginner
Platform: Tradestation/ Interactive
Broker/Data: Interactive Brokers/ Tradestation
Favorite Futures: Emini ES
 
Leatherneck's Avatar
 
Posts: 43 since Jan 2017
Thanks: 8 given, 10 received

I would rather get the showme to work with my balance of power setup
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  #6 (permalink)
Elite Member
Minneapolis Minnesota
 
Futures Experience: Beginner
Platform: Tradestation/ Interactive
Broker/Data: Interactive Brokers/ Tradestation
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Posts: 43 since Jan 2017
Thanks: 8 given, 10 received

Any ideas, thoughts or pointing me in the direction of a book would be greatly appreciated thanks

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  #7 (permalink)
 Vendor: www.abctradinggroup.com 
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,835 since Apr 2013
Thanks: 297 given, 1,118 received
Forum Reputation: Legendary

Leatherneck,

for a book recommendation, I'd suggest to start with the free EL Essentials PDF that you can obtain from the Tradestation website.

Posting the code with the changes you made to the MACD indicator could be helpful to point you in the right direction, too.

Regards,

ABCTG

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  #8 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
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Posts: 2,573 since Jul 2012
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These 2 free books might be outdated, but they contain a ton of useful info. I used these to learn Easy Language way back when...

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
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