Anyone want to program "The Force" ?

[edgeliner]

Great....I am going to work on it as well.......

[edgeliner]

I think it's just as simple as this.....

// Condition set 1
if (Stochastics(7, 14, 3).D[0] < Stoch80
&& MACD(12, 26, 1).Avg[0] > MACD(12, 26, 9).Avg[1]
&& CrossBelow(EMA(Close, 5), EMA(Open, 5), 1)
&& Close[0] > Open[0])
{
EnterLong(DefaultQuantity, "");
}
// Condition set 2
if (CrossAbove(EMA(Close, 5), EMA(Open, 5), 1))
{
ExitLong("", "");
}

[eDanny]

A quick look ....

I think it's just as simple as this.....

// Condition set 1
if (Stochastics(7, 14, 3).D[0] < Stoch80 <-- Stochastics(3,5,3).K < 80
&& MACD(12, 26, 1).Avg[0] > MACD(12, 26, 9).Avg[1] <-- MACD(12,26,1).Avg[0] must be MACD(12,26,2 or more).[0][0]
&& CrossBelow(EMA(Close, 5), EMA(Open, 5), 1) <-- EMA(Close,5)[0] > EMA(Open,5)[0]
&& Close[0] > Open[0])
{
EnterLong(DefaultQuantity, "");
}
// Condition set 2
if (CrossAbove(EMA(Close, 5), EMA(Open, 5), 1))
{
ExitLong("", "");
}

See above for corrections. The MACD cannot be set to 12,26,1 with the standard MACD indicator and Avg can't be used since it would only be correct if you could use the 12,26,1. Also should be > MACD(12,26,2)[0][1].
The Stochastics parameters are Stochastics(3,5,3).K[0]. The Stochastics(7, 14, 3).D[0] is what I was using to filter out the choppiness.

[brain77]

Thank you eDanny- interessting idea with that filtering slower Stoch !

[eDanny]

For anyone still visiting this thread, here is probably the last update on my version of the Force indicator. I added the option for colored candle triggers. Blue is a buy candle and Red is a sell candle. Green are neutral candles. Cyan and Magenta candles indicate either 3 of 4 conditions have been met, such as K line is higher than D line, black line D is rising, EMA dot is blue but Macd dash is still red. It can also indicate all systems go but the candle is a doji or closes in the wrong direction. Sometimes the candle will show a signal but the K line will still be green. That is a problem with stitching colored line segments together, it sometimes fails. The candle trigger will be right though. I also re-ordered the plots so the dots are always on top of the K line and looks cleaner. Have fun!

Edit: Since some people like to use other indicators on their candles I added dots at the top of the indicator panel to show the long or short entry. Sheesh, it should be useful to just about anybody now.

[RJay]

eDanny,

Cannot open or download your most recent Zip file.

""Invalid Attachment specified. If you followed a valid link, please notify the administrator ".

[eDanny]

I was just changing the file when you tried, try again.

[RJay]

I was just changing the file when you tried, try again.

Perfect!!!

Thanks,

RJay

[jtrade]

Very original implementation, eDanny, thanks.

[tanou_us]

programming indicator

hi everybody
i am just asking if anyone know or can programme very simple indicator which is
volume *variation price on bar close

for example on the future 6E
volume is 850 contracts
for example price close is 1.2288and the next is 1.2295 so the variation will be 7
the calcul will be only 850*7= 5950
on the next bartime
volume is 920 contracts
the bar close is 1.2280 so the variation is 1.2280-1.2295=-15
the calcul is 920*-15= -13800
so if is is possible to writing the results on a graph like the rate of change
it will be perfect.

or it can be
volume* rate of change

I make it manually on excell but it take me very long time so it cannot be use on day trading.
If you want to know the use of this indicator please write me i will explain you how I believe it can be use but i need to backtest more to be sure .
It give a information on divergence. and give a information about reverse trend maybe


thank you
tanou

[jtrade]

Hi, tanou,

This thread is about programming for a method known as The Force, so perhaps your interesting idea should have its own thread ?

J.

[cirion]

For anyone still visiting this thread, here is probably the last update on my version of the Force indicator. I added the option for colored candle triggers. Blue is a buy candle and Red is a sell candle. Green are neutral candles. Cyan and Magenta candles indicate either 3 of 4 conditions have been met, such as K line is higher than D line, black line D is rising, EMA dot is blue but Macd dash is still red. It can also indicate all systems go but the candle is a doji or closes in the wrong direction. Sometimes the candle will show a signal but the K line will still be green. That is a problem with stitching colored line segments together, it sometimes fails. The candle trigger will be right though. I also re-ordered the plots so the dots are always on top of the K line and looks cleaner. Have fun!

Edit: Since some people like to use other indicators on their candles I added dots at the top of the indicator panel to show the long or short entry. Sheesh, it should be useful to just about anybody now.

Thanks again EDanny good work

[Ninja B]

Thanks eDanny for all the work

[Elliott Wave]

As always, your indicators have a flair for the visual. Regardless whether anyone cares about 'The Force' or not this indicator could serve as a great template for which to base others on.

Good job.

For anyone still visiting this thread, here is probably the last update on my version of the Force indicator. I added the option for colored candle triggers. Blue is a buy candle and Red is a sell candle. Green are neutral candles. Cyan and Magenta candles indicate either 3 of 4 conditions have been met, such as K line is higher than D line, black line D is rising, EMA dot is blue but Macd dash is still red. It can also indicate all systems go but the candle is a doji or closes in the wrong direction. Sometimes the candle will show a signal but the K line will still be green. That is a problem with stitching colored line segments together, it sometimes fails. The candle trigger will be right though. I also re-ordered the plots so the dots are always on top of the K line and looks cleaner. Have fun!

Edit: Since some people like to use other indicators on their candles I added dots at the top of the indicator panel to show the long or short entry. Sheesh, it should be useful to just about anybody now.

[eDanny]

It seemed nobody was interested for awhile, but now... thanks for the kind words everybody.