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Registered User
Joined: 3/13/2005
Posts: 4
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I like to use an 18 period ADX from a trend following perspective. I would like to create a Rule that I can use in Back Scanner that would indicate a sell signal when the following conditions exist:
1. ADX has crossed above the +DI and is currently above the +DI line. (the cross point is not important, the fact that a cross has occured and that the 18 period ADX is above the +DI line, regardless of value, is important)
2. After having been abovet the +DI line, the 18 period ADX stops its upward progression and turns downward.
I suspect that this needs to be written in Real Code but
I have limited experiance with that.
Note: I have been using TeleChart for abt 10 yeras. StockFinder Rocks!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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If you already have a Directional Movement DI ADX Indicator on the Chart, you should be able to Drag and Drop the +DI and ADX Indicators into the Code tab of the RealCode Editor to create something similar to the first two lines of the following RealCode Rule:
'# DMDA = indicator.DirectionalMovementDIADX
'# AL = indicator.ADXLine.2
'# Cumulative
Static Up As Boolean
If isFirstBar Then
Up = False
Else
If AL.Value > AL.Value(1) Then
Up = True
Else If AL.Value < AL.Value(1) Then
If AL.Value(1) > DMDA.Value(1) AndAlso _
Up = True Then
Pass
End If
Up = False
End If
End If
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 4/5/2010
Posts: 11
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Hi Bruce
I try to copy this in my RealCode for practice but I fund an error>
Name 'Pass' is not declared
what can I do?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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rnumez,
It reads like you are trying to use the RealCode as a RealCode Indicator or RealCode Paint Brush. The RealCode is intended for use as a RealCode Rule or RealCode Condition. The Pass syntax is only valid as part of a RealCode Rule or RealCode Condition.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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