NexusFi: Find Your Edge


Home Menu

 





Stochastics Color Changing


Discussion in EasyLanguage Programming

Updated
      Top Posters
    1. looks_one wbtrader with 2 posts (0 thanks)
    2. looks_two Big Mike with 1 posts (0 thanks)
    3. looks_3 RM99 with 1 posts (1 thanks)
    4. looks_4 Serger with 1 posts (1 thanks)
    1. trending_up 4,154 views
    2. thumb_up 2 thanks given
    3. group 3 followers
    1. forum 4 posts
    2. attach_file 1 attachments




 
Search this Thread

Stochastics Color Changing

  #1 (permalink)
 wbtrader 
atlanta ga usa
 
Experience: Advanced
Platform: tradestation, ninja trader
Trading: es
Posts: 12 since Aug 2011
Thanks Given: 10
Thanks Received: 5

Hi
does anyone have a stochastics that changes color when overbought and oversold? i have this for ninja but cant seem to find it for tradestation. i would greatly appreciate it! thanks

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Better Renko Gaps
The Elite Circle
Exit Strategy
NinjaTrader
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Futures True Range Report
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
The Program
18 thanks
GFIs1 1 DAX trade per day journal
18 thanks
  #2 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,396 since Jun 2009
Thanks Given: 33,172
Thanks Received: 101,536

 
Thread Moved


Moved to EasyLanguage Programming



When creating a new thread, note which subforum you are in. Here is a short list of suggestions:

- Topic: Anything to do with an Elite indicator -> Subforum: The Elite Circle
- Topic: Looking for an existing indicator, or how-to use an indicator -> Subforum: (the platform)
- Topic: Programmer needing help with non-Elite indicator -> Subforum: (the platform) - Programming
- Topic: Want an indicator created/modified -> Reply to "Want indicator created free" in Elite Circle
- Topic: Vendors (trading rooms, commercial indicators) -> Subforum: Vendors/Product Reviews
- Topic: Discussion of Forex or Currency trading -> Subforum: Forex and Currency Trading
- Topic: Journals of your trading -> Subforum: Trading Journals or Elite Trading Journals
- Topic: General trading related discussions -> Subforum: Traders Hideout
- Topic: Discussion of a trading method -> Subforum: Traders Hideout
- Topic: Automated Trading -> Subforum: Elite Automated Trading

Last, any Elite Member may create more or less any of these topics in The Elite Circle at your own discretion (your support is appreciated).

This is just a short general list and doesn't cover everything. If you are unsure where to create your new thread, just create it in Traders Hideout and a moderator will move it if necessary.

-- Big Mike Trading


We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #3 (permalink)
 RM99 
Austin, TX
 
Experience: Advanced
Platform: TradeStation
Trading: Futures
Posts: 839 since Mar 2011
Thanks Given: 124
Thanks Received: 704


Try this, you can mess around with the color settings to your liking. You'll need the stochastic function that's embedded.
 
Code
inputs: 
 PriceH( High ),  
 PriceL( Low ), 
 PriceC( Close ), 
 StochLength( 14 ), 
 SmoothingLength1( 3 ), { used to slow FastK to FastD = SlowK }
 SmoothingLength2( 3 ), { used to slow FastD to SlowD }
 SmoothingType( 1 ), { pass in 1 for Original, 2 for Legacy }
 OverSold( 20 ), 
 OverBought( 80 ) ,
 OverSColor( Cyan ), 
 OverBColor( Red ) ;
variables:
 oFastK( 0 ), 
 oFastD( 0 ), 
 oSlowK( 0 ), 
 oSlowD( 0 ) ;
Value1 = Stochastic( PriceH, PriceL, PriceC, StochLength, SmoothingLength1, 
 SmoothingLength2, SmoothingType, oFastK, oFastD, oSlowK, oSlowD ) ;
Plot1( oFastK, "FastK", blue ) ;
Plot2( oFastD, "FastD", yellow) ;
Plot3( OverBought, "OverBot" ) ;
Plot4( OverSold, "OverSld" ) ;
{ Color criteria }
if oFastK > OverBought then 
 SetPlotColor( 1, OverBColor ) 
else if oFastK < OverSold then 
 SetPlotColor( 1, OverSColor ) ;
if oFastD > OverBought then 
 SetPlotColor( 1, OverBColor ) 
else if oFastD < OverSold then 
 SetPlotColor( 1, OverSColor ) ;
{ Alert criteria }
if oFastD crosses over OverSold then
 Alert( "FastD exiting oversold zone" )
else if oFastD crosses under OverBought then
 Alert( "FastD exiting overbought zone" ) ;

"A dumb man never learns. A smart man learns from his own failure and success. But a wise man learns from the failure and success of others."
Reply With Quote
Thanked by:
  #4 (permalink)
 
Serger's Avatar
 Serger 
Quebec
 
Experience: Intermediate
Platform: Multicharts 64 +VolProfile
Broker: Interactive Brokers
Trading: Ym, Es
Posts: 74 since Oct 2010
Thanks Given: 64
Thanks Received: 25

this work well
inputs:
Price( Close ),
Length( 14 ),
OverSold( 30 ),
OverBought( 70 ),
OverSColor( Cyan ),
OverBColor( Red ) ;

variables: var0( 0 ) ;

var0 = RSI( Price, Length ) ;

Plot1( var0, "RSI" ) ;
Plot2( OverBought, "OverBot" ) ;
Plot3( OverSold, "OverSld" ) ;


if var0 > OverBought then
SetPlotColor( 1, OverBColor )
else if var0 < OverSold then
SetPlotColor( 1, OverSColor ) ;

condition1 = var0 crosses over OverSold ;
if condition1 then
Alert( "Indicator exiting oversold zone" )
else
begin
condition1 = var0 crosses under OverBought ;
if condition1 then
Alert( "Indicator exiting overbought zone" ) ;
end;

Reply With Quote
Thanked by:
  #5 (permalink)
 wbtrader 
atlanta ga usa
 
Experience: Advanced
Platform: tradestation, ninja trader
Trading: es
Posts: 12 since Aug 2011
Thanks Given: 10
Thanks Received: 5

thanks guys for the help. unfortunately i couldnt seem to make the codes work. i got the first one to apply color changes to the indicator but there seemed to be some settings i was missing. it was very messy. if you have any guidance it is greatly appreciated. I have attached a pic of the current one im using on ninja. thanks!

Attached Thumbnails
Click image for larger version

Name:	Color Change.JPG
Views:	265
Size:	36.2 KB
ID:	47668  
Started this thread Reply With Quote




Last Updated on August 29, 2011


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts