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Difference Radarscreen to Indicator


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Difference Radarscreen to Indicator

  #1 (permalink)
 bchip 
Torino, Italy
 
Experience: Advanced
Platform: TradeStation
Trading: ES,YM,CL,GC
Posts: 132 since Sep 2017
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Hi all

Weird problem, I'm trying out the radarscreen, I added my indicator and get a value.
I then add the indicator to a chart and get a completely different value.
Any ideas why?

Ive also tried changing the data manually to load over 250 bars.

Ignore the title names
In the example Im looking at the share CME (daily charts)

Highest = 70.02 and RSI = 58.68
On the charts themselves both are 58.68

The script for "Highest":
vars: iRSI(0);
iRSI = RSI(Close, 18);

The other RSI column is just the tradestation default.
The settings on all of them are RSI( Close, 18 ) hence why its the same in the charts.


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  #2 (permalink)
 bchip 
Torino, Italy
 
Experience: Advanced
Platform: TradeStation
Trading: ES,YM,CL,GC
Posts: 132 since Sep 2017
Thanks Given: 160
Thanks Received: 116

Update:

RSI - incorrect values
MACD - values on radarscreen show 0, but on chart shows correctly

Average- Shows correctly
Momentum - Shows correctly
Summation - Shows correctly
Highest - Shows correctly

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  #3 (permalink)
 bchip 
Torino, Italy
 
Experience: Advanced
Platform: TradeStation
Trading: ES,YM,CL,GC
Posts: 132 since Sep 2017
Thanks Given: 160
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Update:

RSI and EMA both dont work well. Both of these calculations are based on when you open.
This made me think that the reason was how many bars were loaded.


I went right-click and selected "studies" -> edit for all symbols
and loaded an additional amount of data.

It seems to work now.


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  #4 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,436 since Apr 2013
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bchip,

Radarscreen and the Scanner will only load the minimum number of bars required, unless you manually request more data for an indicator by loading "additional data".
Each indicator is different in its requirements depending on the code and length settings and this list can you give you an idea about the differences and about how much data to load
additionally:
Loading Additional Data for Accumulative Calculations

In case you see differences between the chart and Radarscreen results, when applied to the same symbol, timeframe, session etc. it can make sense to gradually raise the
number of additional bars to load to see if you can match the results.

Regards,

ABCTG


bchip View Post
Update:

RSI and EMA both dont work well. Both of these calculations are based on when you open.
This made me think that the reason was how many bars were loaded.


I went right-click and selected "studies" -> edit for all symbols
and loaded an additional amount of data.

It seems to work now.



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