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Re: Free: TS Text Indicators --- ELA Form



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Thanks for asking.  Here they are in ELA form.

Attachment = TextStudies.ela



zaitech.llc@xxxxxxxxxxx wrote:

> Sir,
>   Do you still have these indicators in ELA format. Unfortunately, I am a
> luddite whose moral beliefs  prevents me from upgrading to the modern
> technology of 2000i.
>
> ZT
>
> TaoOfDow wrote:
>
> > Gentlemen,
> >
> > I continue to play around with TS Text Indicators, out of curiosity and
> > as sort of a "do-it yourself", "learn-at-home" project.  I've been using
> > Omega software now practically from its beginning, and just got on to
> > Text Indicators, thanks to, among others on this list, Bob Fulks.  So,
> > I'd like to share the "fruits of my labor" with you, not that they're
> > anything particularly remarkable --- I'm more amazed that they do what
> > they do than anything else, especially for being such simple little
> > programs.
> >
> > Indicator #1: Dynamic Arrow to the Right of Closing Price on Chart
> > (@TextCurrentC<=.ela).
> > Nothing new --- I've posted this here before and am reposting it for
> > completeness.
> >
> > Indicator #2: As Above Plus Dynamic Value of Closing Price in Text
> > (@TextCurrentCText.ela)
> > Same as above.  In other words, not only does the arrow follow the
> > current close but just to the right of the arrow is the value of the
> > current close in text.  For, example, if the current close is 999.50,
> > then immediately to the right of the current close on the chart is
> > <=999.50.
> >
> > Indicator #3: Dynamic Arrow to the Right of Current Indicator Value on
> > Price Chart Plus Dynamic Value of Current Indicator Value in Text
> > (@TextCurrentIndic.ela).  Similar to above although with an Indicator on
> > a Price Chart.  For example, if the Indicator is a 10-period simple
> > moving average of the Close, the Indicator is plotted on a Price Chart,
> > and the current value of the Indicator is 995.75, then immediately to
> > the right of the end of the Indicator plot is <=995.75.
> >
> > Notes ---
> >
> > A.  I have not found a way to plot text indicators on anything but a
> > Price Chart, for example, on an Indicator subgraph, such as on Subgraph
> > 2: Indicator below Subgraph 1: Price Chart.  One of the consequences of
> > this is that the values plotted by Text Indicators have to be close to
> > those plotted in the Price Chart.  For example, not only haven't I found
> > any way to plot a Text Indicator on, for example, an indicator such as a
> > Stochastic in Subgraph 2, the Text Indicator on an indicator such as a
> > Stochastic won't effectively plot even on a Price Chart because of the
> > substantial difference in values between those of the Stochastic (from 0
> > to 100) and the Price Chart (unless the latter has a range between
> > approximately 0 and 100).  It appears that Text Indicators are, in fact,
> > limited to Text ShowMes --- if so, a major limitation to Text
> > Indicators.  I hope that I am wrong about this, and that you'll tell me
> > so --- or, if I'm right, that some of you have found work-arounds to
> > these limitations and would be willing to share them.
> >
> > B.  For these indicators to plot dynamically, check "Update Every Tick".
> >
> > C.  To plot these indicators effectively, set "Bars to the Right" > 0
> > --- I suggest, for example, 10.
> >
> > D.  These indicators plot effectively only with minute-based charts ---
> > they can produce artifacts on tick-based charts, especially when
> > Ticks/Minute > Ticks/Bar.  Try it on something like a 5-Tick ES chart
> > and see for yourself.  The arrow's location progresses to the right in
> > time only upon the next decrement in TS time, ie, minute, so as bars are
> > produced following the last time decrement, they start to overlap the
> > arrow.  One work-around for this would be to set "Bars to the Right" to
> > an appropriately large number.
> >
> > E.  There's no "magic" in my choice of the combined symbols "<" and "="
> > to make a left-pointing arrow.  Try some others at your discretion.
> > Furthermore, you have some control over its location, as well as its
> > color (but apparently not its strength), under the ELA rules.  (Its
> > strength appears to be set by your choice of Price Chart font.)
> >
> > F.  These indicators were programmed with TS2Ki.  I believe they will
> > also work with TS4 with a little modification.  For example, for any
> > Indicator lacking a plot statement, the plot statement "IF False THEN
> > Plot1(0,"");" (without the bracketing quotation marks --- but with the
> > internal quotation marks) needs to be added at the end.
> >
> > G.  I've attached to this Email the three indicators, in ela format and
> > combined into one file called TextStudies.els.
> >
> > To your health & profitable trading,
> >
> > Richard
> >
> >   ------------------------------------------------------------------------
> >                       Name: TEXTSTUDIES.ELS
> >    TEXTSTUDIES.ELS    Type: unspecified type (application/octet-stream)
> >                   Encoding: base64

Attachment: Description: "TEXTSTUDIES.ELA"