NexusFi: Find Your Edge

Home Menu


Incorporate ADX rule

Discussion in EasyLanguage Programming

    1. trending_up 1,596 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 1 posts
    2. attach_file 0 attachments

Search this Thread
  #1 (permalink)
frugalmule's Avatar
Waco, TX, USA
Experience: Intermediate
Platform: TradeStation
Trading: Forex
Posts: 5 since May 2013
Thanks Given: 0
Thanks Received: 1

Mike, thank you for the earlier communications. My Elite Membership has been paid and I would greatly appreciate any assistance with this. - 6-28-13 at 4:50 CST

I need to amend the strategy below as follows:

It should not allow any new trade or exit (long or short) to be triggered unless ADX is first above 20 before the trigger occurs.
It also should hold positions throughout the day but not hold any positions overnight.

Assistance is greatly appreciated.

{062713 TRP and TS Support Convert Aroon Oscillator to Strategy}

{ Reference: Tushar S. Chande, "A Time Price Oscillator", Technical Analysis of   
  Stocks & Commodities, V. 13:9 (369-374) }  
	int AroonLength( 25 ) ;  // Aroon length  
Started with the built-in Aroon Oscillator indicator.  Converted it to a strategy 
1) Remove all plot statements - these do not work in strategies 
2) Converting Alerts to entries or exits 
	double AroonOscValue( 0 ),  
	bool EntryCondition( false) ;  
//  Calc the Aroon Oscillator value using the built-in AroonOsc function 
AroonOscValue = AroonOsc( AroonLength ) ;  
//  Check that we are past the first bar of the chart to prevent spurious entries 
if CurrentBar > 1 then begin  
	//  Cross over zero triggers long entry or reversal from short to long 
	if AroonOscValue crosses over 0 then  
		Buy at next bar at market 
	//  Cross under zero triggers short entry or reversal from long to short 
	else if AroonOscValue crosses under 0 then  	 
		SellShort at next bar at market ; 
end ;

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Pivot Indicator like the old SwingTemp by Big Mike
Better Renko Gaps
The Elite Circle
Help re translation of ninjascript to EL
tick data interval discrepancy
Elite Trader Funding, Avoid?
Trading Reviews and Vendors
Best Threads (Most Thanked)
in the last 7 days on NexusFi experience and review
98 thanks
HumbleTraders next chapter
56 thanks
Winning attitudes create winning traders
38 thanks
Vinny E-Mini & Algobox Review TRADE ROOM
23 thanks
Learning to Trade with the Big Money
22 thanks

Last Updated on June 28, 2013

© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts