| Welcome Guest, please sign in to participate in a discussion. | Search | Active Topics | |
Registered User
Joined: 10/7/2004
Posts: 67
|
In a realcode rule I want a rule that "passes" if the most recent PRICE is greater than R2
There are several different methods for calculating pivot points, the most common of which is the five-point system. This system uses the previous day's high, low and close, along with two support levels and two resistance levels (totaling five price points) to derive a pivot point. The equations are as follows:
R2 = P + (H - L) = P + (R1 - S1)
R1 = (P x 2) - L
P = (H + L + C) / 3
S1 = (P x 2) - H
S2 = P - (H - L) = P - (R1 - S1)
|
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
Do you want the Pivots calculated using the current or previous Bar?
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
|
Registered User
Joined: 10/7/2004
Posts: 67
|
previous days bar
|
|
Registered User
Joined: 10/7/2004
Posts: 67
|
I am using STOCKGUYS posting in chatrts dated 5/1/2008 and want to base a your code on that indicator
|
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
Please try the following RealCode Rule:
If Price.Last > (5 * Price.High(1) + 2 * Price.Last(1) - 4 * Price.Low(1)) / 3 Then Pass
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
|
Registered User
Joined: 10/7/2004
Posts: 67
|
I am not sure about this formula - after inserting the code in a rule, it does not work.
|
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
What do you mean by "not work"? Is it producing an error message?
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
|
Registered User
Joined: 10/7/2004
Posts: 67
|
on second look - the code does work. Your formula is different then the one I submitted.
What i was really looking for was a Rule , where I could interchange “r4” or “s2” greater than or less than the price..last then pass.
R4 = R3 + RANGE (same as: PP + RANGE * 3)
R3 = R2 + RANGE (same as: PP + RANGE * 2)
R2 = PP + RANGE
R1 = (2 * PP) - LOW
PP = (HIGH + LOW + CLOSE) / 3
S1 = (2 * PP) - HIGH
S2 = PP - RANGE
S3 = S2 - RANGE (same as: PP - RANGE * 2)
S4 = S3 - RANGE (same as: PP - RANGE * 3)
|
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
You might want to try the following RealCode Rule:
'# PointType = UserInput.String
'# Compare = UserInput.String
Static Pivot As Single
If PointType = "R4" Then
Pivot = (5 * Price.High(1) - 4 * Price.Low(1) + 2 * Price.Last) / 3
Else If PointType = "R3" Then
Pivot = (4 * Price.High(1) - 3 * Price.Low(1) + 2 * Price.Last) / 3
Else If PointType = "R2" Then
Pivot = (3 * Price.High(1) - 2 * Price.Low(1) + 2 * Price.Last) / 3
Else If PointType = "R1" Then
Pivot = (2 * Price.High(1) - Price.Low(1) + 2 * Price.Last(1)) / 3
Else If PointType = "S1" Then
Pivot = (Price.High(1) - 2 * Price.Low(1) + 2 * Price.Last) / 3
Else If PointType = "S2" Then
Pivot = (2 * Price.High(1) - 3 * Price.Low(1) + 2 * Price.Last) / 3
Else If PointType = "S3" Then
Pivot = (3 * Price.High(1) - 4 * Price.Low(1) + 2 * Price.Last) / 3
Else If PointType = "S4" Then
Pivot = (4 * Price.High(1) - 5 * Price.Low(1) + 2 * Price.Last) / 3
Else
Pivot = (Price.High(1) + Price.Low(1) + Price.Last(1)) / 3
End If
If Compare = ">" Then
If Price.Last > Pivot Then
Pass
End If
Else
If Price.Last < Pivot Then
Pass
End If
End If
You need to put in the type of Pivot Point and a > or < in the appropriate fields in the Main tab of the Edit Rule window. It would be possible to create something more sophisticated that would extract the comparison from a single string and calculate the number of Ranges instead of using an If Then construct to choose choose from pre-defined possibilites (but please keep in mind I am not a programmer).
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
|
Registered User
Joined: 10/7/2004
Posts: 67
|
I hate to contradict you – but u certainly r a programmer. Where is there documentation on realcode for Stockfinder? The code here seems to be nothing like the old Blocks 3.0
In Blocks we could drag indicators into real code to create a new indicator or condition. Can we still do this?
|
|
Administration
Joined: 9/30/2004
Posts: 9,187
|
There's a link to the reference in the StockFinder 4.0 | RealCode forum.
In 4.0, you cannot drag indiators into the editor but there is an Indicators/Rules button at the top of the editor. Click that and you can pick which rules/indicators on your chart you want included in the RealCode. In the end it accomplishes the same thing.
|
|
|
Guest-1 |