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ISO Equity Curve Indicator


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  #1 (permalink)
 RangerBrad 
Louisville Kentucky
 
Experience: Beginner
Platform: Ninjatrader, Thinkorswim
Trading: Currency Futures
Posts: 4 since Jun 2019
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Greetings,

I'm looking for an indicator like this:

-I run a strategy constantly in sim mode.
-The indicator plots the equity curve for the strategy on the chart (or anywhere else where it could be made visible.)
-It lets me apply two preferred EMA's to the equity curve.
-I can then run a similar strategy live or on another sim account and access the pair of EMA's for use as a filter for whether to take trades or not. I.e. when the fast EMA is above the slow, trades can be entered. Otherwise they can't.

I'd prefer it on NT, but would consider other platforms. And I'd welcome bids for creating such an indicator.

Thanks for your attention!

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  #2 (permalink)
 Conceptzx   is a Vendor
 
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Should be able to build one, don't know if I've heard of any such indicators. Usually that's something built into the strategy, not separate.

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 xplorer 
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Conceptzx View Post
Should be able to build one, don't know if I've heard of any such indicators. Usually that's something built into the strategy, not separate.



Just to you know, your signature had a         link which is against NexusFI terms, so it has been removed.

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  #4 (permalink)
 RangerBrad 
Louisville Kentucky
 
Experience: Beginner
Platform: Ninjatrader, Thinkorswim
Trading: Currency Futures
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Conceptzx View Post
Should be able to build one, don't know if I've heard of any such indicators. Usually that's something built into the strategy, not separate.

Thanks for the reply. I've never seen it built into a strategy. Do you right off hand know of an example?

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  #5 (permalink)
 PainlessTrader 
Yuma, Az
 
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Conceptzx View Post
Should be able to build one, don't know if I've heard of any such indicators. Usually that's something built into the strategy, not separate.

Easylanguage Script use in tradestation or Multicharts



inputs:
int PositiveOpenEquityColor(darkgreen),

int PositiveClosedEquityColor(green),

int NegativeClosedEquityColor(red),

int NegativeOpenEquityColor( darkred );

variables:
double OpenEquity( 0 ),
double ClosedEquity( 0 );

OpenEquity = i_OpenEquity;
ClosedEquity = i_ClosedEquity;

Plot2( ClosedEquity, "ClosedEquity", IFF( ClosedEquity > 0,
PositiveClosedEquityColor, NegativeClosedEquityColor) );

plot1( OpenEquity, "OpenEquity", IFF( OpenEquity > 0,
PositiveOpenEquityColor, NegativeOpenEquityColor) );


Plot3( 0, "ZeroLine" );

{
set "connector" color (color plotted from the prior bar to the current bar) for
cases where open equity crosses zero or goes from zero to a non-zero value; the
connector color will be determined by the current bar open equity value
}
if OpenEquity[1] <= 0 and OpenEquity > 0 then
SetPlotColor[1]( 1, PositiveOpenEquityColor )
else if OpenEquity[1] >= 0 and OpenEquity < 0 then
SetPlotColor[1]( 1, NegativeOpenEquityColor );


{ ** Copyright ? TradeStation Technologies, Inc. All Rights Reserved **
** TradeStation reserves the right to modify or overwrite this analysis technique
with each release. ** }

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Last Updated on June 22, 2024


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