Coding Indicator Prorealtime

In the first instance, I recommend that you check the site as there are a large number of indicators already coded.
 
I've coded a few simple indicators for Prorealtime but I can't figure out how to create one that will put a visible mark above and below bars that qualify as 'Fractals'.

A Fractal, as I use it, is simply a high that has two lower highs to the left and two lower highs to the right; and a low that has two higher lows to the left and two higher lows to the right.

I just want these bar highs and lows to stand out without me having to peer at the screen.

Does anyone have any ideas how to code them; or maybe they're already coded? I think the word 'Fractal' is from Bill Williams; but the end result is the same as a Demark TL2.
 
I've coded a few simple indicators for Prorealtime but I can't figure out how to create one that will put a visible mark above and below bars that qualify as 'Fractals'.

A Fractal, as I use it, is simply a high that has two lower highs to the left and two lower highs to the right; and a low that has two higher lows to the left and two higher lows to the right.

I just want these bar highs and lows to stand out without me having to peer at the screen.

Does anyone have any ideas how to code them; or maybe they're already coded? I think the word 'Fractal' is from Bill Williams; but the end result is the same as a Demark TL2.

A quick and dirty solution would be to add a new indicator which returns 1 when High[5] < high[3], high[4] < high[3] etc and 0 at all other times. You can then set an alarm on this.
 
Thanks for those speedy replies. They both sound like good ideas (I've done something similar to the second one before) and I'll try them out over the next couple of days. I'm a very slow worker when it comes to coding even the simplest thing.
 
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.
 
Fractal

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.
 

Attachments

  • Spot FX AUD_USD (-).png
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ProRealtime coding help

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
 
anyone help with a code for prorealtime?

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.

http://www.youtube.com/watch?v=EV1YG1elXTw&feature=related

I do appreciate your help, many thanks.

Chris
 
Hey GammaJammer

I hope that you don't mind me dropping you a quick line

Am just trying to work out how to code the following simple proscreener in Prorealtime and wondered if you might be good enough to point me in the right direction if its not an inconvenience

Am just looking to get a proscreener that shows forex pairs, indices etc that have consistent bullish or bearish readings on a Parabolic SAR indicator for the timeframes of Weekly, Daily, 4 hourly and 1 hourly

Any advice would be greatfully received

Best wishes

Sunbeam
 
Is it possible to build an indicator for Point and Figure that gives +1 if X goes above previous high of X (a PnF buy signal)

and -1 if 0 go under previous low of 0 (a PnF sell signal?
 
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