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Tradestation List of Indicators


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  #1 (permalink)
ClearTrades
Yakima WA
 
Posts: 28 since Mar 2019
Thanks Given: 67
Thanks Received: 20

Hello!

I am new and trying to figure out which broker and trading platform I want to use. I am interested in tradestation, but they offer no demo to try out their software.

I am wondering, can someone here that uses them can post a screenshot of the list of indicators/oscillators they provide?

Some indicators I am interested in using are:
-Awesome Oscillator by Bill Williams
-Commodity Channel Index
-Volatility Stop

Does tradestation have these indicators? Are they customizable?

I have been looking around trying to find a platform that has all three of these indicators and the only thing I have been able to find is TradingView has them but as I understand, they are not really a trading platform right?

I am currently demo-ing the interactive brokers' traders workstation platform which has them too, but they don't seem very customizable.

I like tradingview's setup but trying to find a comparable charting software connected to a broker.


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  #2 (permalink)
 olobay 
Montreal
 
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011

I don't have Tradestation but those are pretty standard indicators. Multicharts has them so I imagine Tradestation will as well. I'm sure NinjaTrader has them too. Even if Tradestation doesn't have them. the code is easily available.

Awesome Oscillator:

 
Code
Vars:		var0(0),var1(0);

                    
var0=Average((h+l)/2,5)-Average((h+l)/2,34);

                                     
var1=var0-Average(var0,5);

Plot3( 0, "ZeroLine" ) ;

if currentbar>=1 then
	if var0>var0[1] then plot1(var0,"+AO")
	else plot2(var0,"-AO")

Commodity Channel Index:

 
Code
inputs: 
	Length( 14 ),
	OverSold( -100 ),
	OverBought( 100 ),
	OverSColor( Cyan ), 
	OverBColor( Red ) ;

variables:
	var0( 0 ) ;

var0 = CCI( Length ) ;

Plot1( var0, "CCI" ) ;
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;

Not sure which volatility stop you are interested in as there are many.


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  #3 (permalink)
 
vmodus's Avatar
 vmodus 
Somewhere, Delaware, USA
Systematic Algo Trader
 
Experience: Intermediate
Platform: MultiCharts
Broker: Barchart.com
Trading: Everything, it all tastes like chicken
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ClearTrades View Post
Some indicators I am interested in using are:
-Awesome Oscillator by Bill Williams
-Commodity Channel Index
-Volatility Stop

Does tradestation have these indicators? Are they customizable?

I use TradeStation daily (doesn't mean I like it). It has Awesome Oscillator and Commodity Change Index. They have two volatility based stops (strategies), for exits (one each for long and short exits), if that is what you are referring to.

You can take any study (indicator, etc.) and modify them. I recommend creating a new study and copying the code you want into your new study, so you don't actually modify the original code. Then you can play with it to your heart's delight.

I hope this is helpful.

-vmodus


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  #4 (permalink)
 dogmailcom 
Irvine
 
Experience: Intermediate
Platform: TOS
Trading: ES mini
Posts: 1 since Jul 2017
Thanks Given: 0
Thanks Received: 0

Do they have Polynomial regression Channel/Hurst Channel/Belkhayate Gravity Center ?

Thanks much.


vmodus View Post
I use TradeStation daily (doesn't mean I like it). It has Awesome Oscillator and Commodity Change Index. They have two volatility based stops (strategies), for exits (one each for long and short exits), if that is what you are referring to.

You can take any study (indicator, etc.) and modify them. I recommend creating a new study and copying the code you want into your new study, so you don't actually modify the original code. Then you can play with it to your heart's delight.

I hope this is helpful.

-vmodus


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  #5 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,448 since Apr 2013
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dogmailcom,

they are not built-in by default, but Tradestation has an official forum where you can find a lot of additional studies. Besides that you can also find a lot of indicators for Tradestation free of charge on NexusFi or in the net in general.

Regards,

ABCTG


dogmailcom View Post
Do they have Polynomial regression Channel/Hurst Channel/Belkhayate Gravity Center ?

Thanks much.


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Last Updated on May 6, 2019


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