EasyLanguage Treasure Chest

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Quote from cameo57:
How do you import easy language to Trade Station?
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Open up your PowerEditor...
File>New
Study Type> Indicator
copy and paste the code into the new indicator,
click Compile.
 
Here is a Take Off on the DMI.
Takes the net directional movement, double smooths it and presents signal line.

John


Code: 
[color=blue]
[SameTickOpt = True];
[LegacyColorValue = true]; 


inputs: 
Length( 26), 
Smooth(5), 
DSmooth(5), 
Overbought(.1), 
Oversold(-.1); 

variables: 
oDMIPlus( 0 ), 
oDMIMinus( 0 ), 
oDMI( 0 ), 
oADX( 0 ), 
oADXR( 0 ), 
oVolty( 0 ) ; 

Value1 = DirMovement( H, L, C, Length, oDMIPlus, oDMIMinus, oDMI, oADX, oADXR, oVolty ) ; 
value2= xaverage((oDMIPlus-oDMIMinus)/(oDMIMinus+oDMIPlus) ,smooth); 


Plot1( value2, "SRatio" ) ; 
Plot2(xaverage(plot1,dsmooth), "A"); 
Plot3(Overbought,"OB"); 
Plot4(oversold,"OS"); 
If Plot1 > overbought then setplotcolor(1,darkgreen); 
if plot1 < oversold then setplotcolor(1,darkred);
[/color]
 
Hi Tums,
This is an excellent thread for those who use MC and TS. I have MC but find it cumbersome as I only want it for stocks. Keep up the fine work I'm sure many people find it extremely helpful...well done.

Tim
 
Quote from raven4ns:
Hi Tums,
This is an excellent thread for those who use MC and TS. I have MC but find it cumbersome as I only want it for stocks. Keep up the fine work I'm sure many people find it extremely helpful...well done.
Tim
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Hi Tim:

I am glad you found this useful.

A number of programs can read EasyLanguage now; Open E Cry and TraderStudio are the first ones come to my mind. There are a few more.

Enjoy.
 
High/Low Bracket
This program marks the Highest High and the Lowest Low of N bars back.
Useful for scalping, setting breakout stops, etc.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2263291>
 

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