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Scaling and Centering of Raw Indicator Values +50/-50
The attached file is a function that scales and center raw values between a range of +50/-50. This is a derivative work from the book Statistically Sound Machine Learning for Algorithmic Trading of Financial Instruments by David Aronson and Timothy Masters. The function follows the concept of "Historical Adjustment to Improve Stationarity". An example of use of this scaling can be found in the indicator section in the multicharts section. -JZ

Category The Elite Circle 
 
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Details: Scaling and Centering of Raw Indicator Values +50/-50
Category: The Elite Circle 


June 24th, 2023
Size: 2.80 KB
Downloaded: 61 times

Keywords: indicator multicharts stationarity statistics scaling centering
Velocity OrderFlow 1.0 for Multicharts 4 *
Here is the Velocity OrderFlow for Multicharts. It's meant to be used with Footprint charts.
It provides the bid volume, ask volume, delta, and duration of the bar in seconds.
If the duration of the bar is beneath a certain threshold it will plot an arrow over or under the bar
depending on if the signal is bearish or bullish. This is the Velocity arrow. I use Volume charts or contract charts. But it could be used with tick charts as well. I included an indicator called TaiChi it's a good indicator. It's a modified supertrend with no extremes just the middle line.


Test it out, I just coded it in a day so it could have some bugs.


Come discuss the Velocity OrderFlow Tools with me at my trading journal.
https://nexusfi.com/trading-journals/46850-elitecamper-s-micro-trading-journal.html


Category MultiCharts 
 
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Details: Velocity OrderFlow 1.0 for Multicharts
Category: MultiCharts 


March 22nd, 2022
Size: 32.29 KB
Downloaded: 133 times

Keywords: footprint multicharts orderflow velocity
Grid Trading Algo 1.0 for Multicharts
This is a Grid trading algo that sets levels based on the tick size, grid step, and grid size. This algo may be profitable with different settings depending on the instrument. I have released it here so it can be tested, modified, or improved into something better. It's very simple the code is simple and clear. I also will include a Grid Levels indicator so you can see where the levels are at.

Come discuss the Grid Trader Algo with me at my trading journal.
https://nexusfi.com/trading-journals/46850-elitecamper-s-micro-trading-journal.html


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Details: Grid Trading Algo 1.0 for Multicharts
Category: MultiCharts 


March 22nd, 2022
Size: 32.82 KB
Downloaded: 90 times

Keywords: algo bot grid indicator multicharts trading
MACD Histogram with color change 5 *
Here is an old standby, Macd histogram with color change


Category The Elite Circle 
 
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Details: MACD Histogram with color change
Category: The Elite Circle 


April 15th, 2013
Size: 3.53 KB
Downloaded: 557 times

Keywords: change color histogram macd multicharts tradestation
Stochastic Paintbar
Stochastic Paintbar with variable inputs

I am looking for a MACD histogram for Multicharts with color change. I am hoping someone has one out there.

Thanks


Category MultiCharts 
 
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Details: Stochastic Paintbar
Category: MultiCharts 


March 31st, 2013
Size: 2.98 KB
Downloaded: 125 times

Keywords: multicharts paintbar stochastic
RSI Paintbar Ver 1
My first attempt, a Simple RSI with adjustable inputs

I am looking for a MACD histogram for Multicharts, with color change if possible. I am hoping someone has one out there.


Category MultiCharts 
 
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Details: RSI Paintbar Ver 1
Category: MultiCharts 


March 30th, 2013
Size: 2.51 KB
Downloaded: 126 times

Keywords: multicharts paintbar rsi
Volume Weighted MACD 3 *
After reading John Bollinger's book Bollinger on Bollinger Bands I thought to make one of the indicators he mentioned in the book. So here you have the VWMACD indicator with an EMA as a signal line. This indicator was developed by Buff Dormeier and popularized by this book. This one is for multicharts.


Category The Elite Circle 
 
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Details: Volume Weighted MACD
Category: The Elite Circle 


February 23rd, 2013
Size: 6.08 KB
Downloaded: 493 times

Keywords: multicharts vwmacd
Volume Up Down Average 5 *
Discussion thread:
https://nexusfi.com/tradestation-multicharts-easylanguage-programming/10987-easylanguage-volume-up-down-average.html

I couldn't find an indicator that accomplished what I wanted, so I just made one. The indicator simply plots the Up volume and Down volume separately, as an average.

Simple concept - price closes above the typical (H+L)/2 then it's marked as up volume, and vice versa for down volume.

- If the up volume band is higher than the down volume band, then market is probably moving up.
- If both bands are declining, there is not much interest at these prices.
- If bands are moving towards each other, trend reversal.
- If bands are moving away from each other, trend continuation.

Anyway, don't read too much into it.

Here is the code, some screen shots, and a MultiCharts pla.


Category MultiCharts 
 
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Details: Volume Up Down Average
Category: MultiCharts 


May 23rd, 2011
Size: 3.14 KB
Downloaded: 552 times

Keywords: multicharts volume
DoubleMA
This is a simple port of the famous DoubleMA for NinjaTrader. I say simple because it's only a few lines, where the NT version is hundreds of lines (needlessly).

Read the code to understand the 'type' selections, it is easy.

Discussion thread:
https://nexusfi.com/tradestation-multicharts-easylanguage-programming/4948-ts-multicharts-doublema-indicator.html

Mike


Category MultiCharts 
 
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Details: DoubleMA
Category: MultiCharts 


August 6th, 2010
Size: 40.27 KB
Downloaded: 410 times

Keywords: doublema easylanguage multicharts
abcFloorPivots 5 *
This indicator plots floor pivots such as S1/S2, and R1/R2, plus the PP.

You can configure the start/stop time so if you like to use a 24h chart but only plot RTH pivots, you can do that. You can also turn on/off weekends.

You can control if the text is placed to the right or left of the pivot marker. You can also control the plot style (solid, dashed, dotted, etc) and the colors of each plot.

Mike


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Details: abcFloorPivots
Category: MultiCharts 


May 30th, 2010
Size: 15.45 KB
Downloaded: 827 times

Keywords: floor multicharts pivots
 



 
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