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Return Custom Indicator value within a window of time?


Discussion in EasyLanguage Programming

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Return Custom Indicator value within a window of time?

  #1 (permalink)
SwingStockTrader
Palm Springs
 
Posts: 5 since Jun 2014
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HI: First post, thanks for the assistance ;√)

The following simple "for" loop, looks back X number of days and indicates if the Volume
has exceeded the moving avg of volume by at least 4 Std Deveations.

{VOLUME> SDV CHECK WITHIN X# OF DAYS}
FOR WXD2 = 0 TO WXDST BEGIN
If VOLUME (WXD2) > SDVOL2
THEN VOLDCOUNT = WXD2;
End ;

WXD2 = WITHIN X DAYS, WXDST = IMPUT OF NUMBER OF DAYS YOU WANT TO LOOKBACK.

That works just fine. I am encountering a problem when the indicator is custom and I want the same lookback ability as the reserved word Volume provides, i.e., Volume(#). Where number is my lookback days counter. Below I am using the same loop, but the trigger is now the number of long tails in the previous X number of days.

The EasyLanguage compile error that I am receiving is: "Cannot implicitly convert Numerical to True False" I have tried to assign TSCOUNT to a new variable like "Value1" as suggested in the error code directory but still get the same error code.

{CHECK TSCOUNT > 9 WITHIN X# OF DAYS}
FOR WXD1 = 0 TO WXDST BEGIN
IF TSCOUNT(WXD1) > 9
THEN TCDCOUNT = WXD1:
End ;

Grateful for any help or sugestions. More than glad to share any code relating to this issue.

Thanks

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

it's hard to say without knowing the full code. It could simply be that a variable is declared as boolean and now you try to store a numerical value with it. Besides that referencing previous bar values should be done with square brackets and not round brackets. At least the current Tradestation versions won't compile
 
Code
Value1 = Volume(1);
where Volume is a reserved word. Which platform are you using?

Regards,
ABCTG

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  #4 (permalink)
SwingStockTrader
Palm Springs
 
Posts: 5 since Jun 2014
Thanks Given: 2
Thanks Received: 0

Thanks, the problem was the omission of the square brackets. I assumed because I was using a variable to determine the days back that it should be () not []. Don't know why I made that assumption, but changing them eliminated the problem.

Michael

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Last Updated on July 12, 2014


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