Coding Indicator Prorealtime

just pick an indicator that resembles yours in it's structure (if that's possible). In your case I guess that probably means looking for code for identifying a candlestick pattern or something, rather than a moving average / oscillator type indicator.

Make sense?

It makes perfect sense. I'm on the case. I've found a nifty collection of user created indicators hidden away on the Prorealtime website and I'm bowdlerising (if that's the right word) Three Black Crows.

I'm surprised nobody appears to have created a Fractal indicator already, though.

I created a 'Long Fractal' indicator. The only problems are, it doesn't generate a blob on the price chart (or paint the bar in some way) but appears as an indicator beneath; and it doesn't show the fractal bar itself - that is, the middle bar - but the last bar that forms the Fractal.

This is the code I used:

LongFractal = (high[2]>high[3] and high[2]>high[4] and high[2]>high[1] and high[2]>high)

IF LongFractal THEN
result=1

ELSE
result=0
ENDIF

RETURN result AS "Detection of LongFractal"

I'm attaching a chart to show how it looks. If anyone has any ideas about creating a 'paint bar' indicator instead, or about shifting the indicator I have two bars to the left, to make it easier on the eye, that would be great.

Surely the RSPCA will have something to say about that. Isn't that like bear baiting?

Aren't crows vermin? In which case, anything goes

I'm trying to get something new to work in ProRealtime but I'm stumped and I've had no reply to my plea for help from ProRealtime.

Can one of the resident experts help please?

I'm trying to get Ehler's Cyber Cycle with inverse Fisher Transform to work but it seems that the PREV function that works fine in Metastock may be the issue.

This is the code I've got

pr= (High+Low)/2
a= 0.07
sp= (pr+(2*pr[1])+(2*pr[2])+pr[3])/6
cycle = (1-(.5*a))*(1-(0.5*a))*(sp-(2*sp[1])+sp[2]) + 2*(1-a)*cycle[1] - (1-a)*(1-a)*cycle[2]
CCIFT=(Exp(2*cycle)-1)/(Exp(2*cycle)+1)
return CCIFT

It is the 'cycle=' line that is rejected. Any help would be appreciated.

Thanks

hi i'm looking for a code that can work on pro screener which:
screens for the higher high of two points between time x and time y , alternatively another that screens for the lower high of two points between time x and y.
basically it should return a trend identified by you between two time points also identified by you. eg using 5min chart give all stocks whose highs trended up between bars 5:25 -5:55 .
i have tried it in many ways and still it can't come.
thanks in advance for any responses

I need a great deal of help please. A proscreener would be an ideal tool for what I need (although a probacktest might give historical results for the system on any particular pair) this way any number of instruments could be searched.
So more details, for the purposes lets imagine we are using a short position. What I would be searching for is 2 zigzag points on price where the 2nd point is higher than or eqaul to the 1st (for zigzag I use req variation = 14, % or pt = pt and (h+l+c*2)/4), at these same 2 points I would look for the 2nd RSI point to be lower than or equal to that of the 1st, hence the divergence (I also use (h+L+c*2)/4 for RSI). Where I meet a stone wall is this, a divergence can build up over many candles or very few, it is setting the proscreener/indicator or whatever to identify the divergence regardless of how many candles it takes.
Let me point you to a youtube video which migh describe my needs better, the entry point is immaterial, it is the identification of the potential entry I am most interested in.



I do appreciate your help, many thanks.

Chris