Taking advantage of potential major winning trades is not only important to the mental health of the trader but is also critical to winning. Letting winners ride is every bit as important as cutting losses short. If you don't stay with your winners, you are not going to be able to pay for the losers.
Michael Marcus

software zone

indicators, oscillators, formulas (1275)

systems (284)

Special offer: buy MetaStock (try for free) | Reuters QuoteCenter Real-Time Data (get a free month) | EOD Data

Formula Library

	AmiBroker
	MetaTrader
	MetaStock
	TradeStation
	Wealth-Lab
	NinjaTrader

add your formula

System Library

	AmiBroker
	MetaStock
	MetaTrader
	TradeStation
	Wealth-Lab
	NinjaTrader

add your system

Account login

New to s4t? Sign up.
If you forgot your password click here.

Search the Web

Custom Search

HI LO Activator

Formula for: TradeStation

indicator

Views: 1894

Added: June 06, 2008

Rate this code:

This formula has not been rated yet

email this link

Tags: TradeStation, indicator

Your Ad Here

Enough of the flame wars...

· To: "Omega-List"
· Subject: Enough of the flame wars...
· From: "Gaius Marius"
· Date: Sat, 19 Sep 1998 18:31:30 -0400
· Resent-Date: Sat, 19 Sep 1998 15:30:22 -0700
· Resent-From: omega-list@xxxxxxxxxx
· Resent-Message-ID: <"OosSl1.0.va4.-131s"@mx1>
· Resent-Sender: omega-list-request@xxxxxxxxxx

...I'm sick and tired of this shit. Let's do something more constructive, such as writing codes. This is my take on Robert Krausz's article on Gann in the Feb. 98 issue of TASC.

The indicator requies some special tweaking. Plot2 and Plot4 have to be of the same color of the background and they also have to be in the form of points (check the style tab under format).
As for the system...you can construct your own exit strategy and this will improve the system's result substantially. As it stands right now, it's nothing more than a Stop and Reversal type of a system. On the 60 minutes S&P, it shows a 40% percentage of winning trades (going back to Dec.' 97 ) with a ratio of win to loss of over 2.0 It's profitable but it's marginal in my book. Perhaps someone on this list can take the idea alittle further.

Code:

Type : Indicator, Name : HI LO Activator
Inputs: R(8);
Var: Swing(0);

Value1=Average(H,R);
Value2=Average(L,R);

If C=Value2[2] then Swing=-1;
If C>Value1[1] And C[1]<=Value1[2] then Swing=1;

If Swing=1 Then Begin
Plot1(Value2,"+Buy ");
Plot2(Value1,"-Buy");
end;

If Swing=-1 Then Begin
Plot3(Value1,"+Sell ");
Plot4(Value2,"-Sell");
end;

Source: http://www.purebytes.com

View similar (indicator for TradeStation):

Market Mood Indicator

Distance Coefficient Ehlers Filter

Moving Average Adjuster

Support and Resistance Indicator

Better Bollinger Bands

Bond Futures LR Surfing Indicator

Chande's Momemtum Oscillator

Donchian Channel

LBR_HistVoltyRatio

StochRSI
...

all formulas for TradeStation

all formulas

Email to friend

Top

However we try to maintain hiqhest possible level of service - most formulas, oscillators, indicators
and systems are submitted by anonymous users.
Therefore S4T™ does not take any responsibility for it's quality.
If you use any of this information, use it at your own risk. You are responsible for your own trading decisions.
Be sure to verify that any information you see on these pages is correct, and is applicable to your particular trade.
In no case will S4T™ be responsible for your trading gains or losses.