[RT] Fw: [TradeStation_Forum] Holiday gift

["Jim White" <jwhite43@xxxxxxxxxxxx>]

 

----- Original Message -----

From: Jim White

To: TradeStation_Forum@xxxxxxxxxxxxxxx

Sent: Friday, December 23, 2005 2:00 PM

Subject: Re: [TradeStation_Forum] Holiday gift

Rolando,

I use the latest version of TS so can't give it in any other format but would be happy to post the code for you.

 

 

Input:runlen(4),Runlen2(26),runlen3(78),runlen4(234),AvgLen(234);
VARS:Runtotal(0),Runtotal2(0),runtotal3(0),runtotal4(0),totalruntotal(0),AvgRun(0),color1(blue),COLOR2(BLUE), NETTICKPrice(0);
NETTICKPrice = (upticks - downticks) * (close-close[1]);
 runtotal = Summation(nettickprice,runlen);
 runtotal2 = Summation(nettickprice,runlen2);
 runtotal3 = Summation(nettickprice,runlen3);
 runtotal4 = Summation(nettickprice,runlen4);
 totalruntotal = runtotal + runtotal2 + runtotal3 + runtotal4;
 AvgRun = xaverage(xaverage(totalruntotal,Avglen),Avglen);
 If avgrun >avgrun[1] then color1 = blue;
 if avgrun < avgrun[1] then color1 = red;
 iF TOTALRUNTOTAL > TOTALRUNTOTAL[1] THEN COLOR2=BLUE;
 If totalruntotal < totalruntotal[1] then color2 = red;
 plot1(totalruntotal,"runtotal",color2);
 plot2(avgrun,"avgrun",color1);
 if totalruntotal crosses above avgrun
  then
  Alert("4runtotalbuy")
 else if totalruntotal crosses below avgrun then
  Alert("4runtotalsell");

Jim

----- Original Message -----

From: Rolando Reyes

To: TradeStation_Forum@xxxxxxxxxxxxxxx

Sent: Friday, December 23, 2005 10:42 AM

Subject: Re: [TradeStation_Forum] Holiday gift

Do you have it in .ELS or .ELA format? I use TS2000i. If not? Thank You anyway. Few people do what you just did. Give out a personal indicator.

Thanks,

Rolando

Jim White <jwhite43@xxxxxxxxxxxx> wrote:

I would like to wish all tradres a very happy holiday and a prosperous
New Year. The markets have been very good to me this year and I would like
to send a gift to  TradeStation users and daytraders. The attached indicator
measures the net tick volume and helps determine the direction to trade. The
inputs have been set for a 5 minute chart. I hope you can use it profitably.


Jim White
Pivot Research & Trading Co.
PivotTrader.com
Home of the Near Impulse Forecaster

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