Recruitment of participants An enhanced smoothed, low-lag CCI indicator

Discussion in 'Tradestation' started by Gurminj, 24 February 2024.

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  1. Gurminj

    Gurminj Administrator
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    An enhanced smoothed, low-lag CCI indicator

    The following images show the Program 10 smoothed Markplex CCI indicator, compared with the CCI indicator supplied with TradeStation.
    1.PNG

    The next image show where alerts are triggered (i,e, each time the smoothed CCI crosses the UpperLine or LowerLine). The “Alert” words were added in PhotoShop in this illustration. The actual alerts use TradeStation functionality via a pop-up notice, audio signal etc.
    2.PNG

    The program also expands the divergence functionality included in program 9. In program nine the indicator looked for ‘matching’ price and smoothed CCI pivots and then looked for divergences. Program 10 maintains this functionality, but now also looks for cases where the smoothed CCI pivot may match the price pivot looked at in Program 9 OR the one before it. ‘Secondary’ divergences are drawn in magenta or cyan. ‘Primary’ divergences are drawn in red or green.
    3.PNG



    The program was developed in Tradestation 8.7 and above and works on intraday, daily, weekly, and monthly charts.
    This UNPROTECTED program (i.e. the TradeStation EasyLanguage indicator)

     
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