Using an indicator variable in a strategy?

[JohnKelly]

Say I had the following indicator and strategy files:

// indicator.eld file
LineVar = 1.54

// strategy.eld separate file
If LineVar > 0 then Buy
If LineVar < 0 then Sell

How can strategy.eld know what value is contained in variable LineVar?

 

[Blu-Ray]

You would need to set up the basics of the indicator within the strategy, so whatever makes LineVar have a value of 1.54, this has to be inserted into the strategy. Here's an example of a cci below:

// indicator.eld file
CCiValue = 154

// strategy.eld separate file
If CCiValue > 0 then Buy
If CCiValue < 0 then Sell

On this example you would have to insert the variable into the strategy, which would be

CCiValue = cci(Length);

Hope this helps

Blu-Ray

 

[JohnKelly]

Thanks Blu-Ray I'll take a look at doing that.

 

[bobomini]

Indicators in strategy?

You would need to set up the basics of the indicator within the strategy, so whatever makes LineVar have a value of 1.54, this has to be inserted into the strategy. Here's an example of a cci below:

// indicator.eld file
CCiValue = 154

// strategy.eld separate file
If CCiValue > 0 then Buy
If CCiValue < 0 then Sell

On this example you would have to insert the variable into the strategy, which would be

CCiValue = cci(Length);

Hope this helps

Blu-Ray

Hi,
Can a third party indicator be referenced in an easylanguage strategy? I have the indicator in use on tradestation but I really would like to automate it in a strategy. Can I possibly reference the indicator in a strategy like ......if apollo >price buy at close ....where apollo is the custom indicator? If not directly possible is there a way round this problem?
Thank you.
Thank you.

 

[Blu-Ray]

Hi,
Can a third party indicator be referenced in an easylanguage strategy? I have the indicator in use on tradestation but I really would like to automate it in a strategy. Can I possibly reference the indicator in a strategy like ......if apollo >price buy at close ....where apollo is the custom indicator? If not directly possible is there a way round this problem?
Thank you.
Thank you.

Yes it's possible, providing you have access to the third party indicator's function.

Cheers

Blu-Ray