Insync index

v10.3
Insync index

Here’s a method to graphically display the signal status for a group of indicators as well as an algorithm for generating a consensus indicator that shows when these indicators are in sync. (by Norm North).

The below indicator compiled trend conditions on many indicators, such as the Bollinger Bands, RSI, CCI, Ease Of Movement, MACD, Money Flow Index, ROC and Stochastic. Each conditions gain a score of +5 or -5 (depending of the direction) and therefore give a global indicator with a score between 5 and 95.

5 is extremely bearish, while 95 is extremely bullish. Converted from a Metastock code following a request in the italian forum.

 

 

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ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

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  1. juanj • 159 days ago #

    Possible interpretation: Indicator tags 80 = Start of bullish trend, tags 20 = Start of bearish trend

  2. Yann LB • 159 days ago #

    Bonjour,

    Ajout de as “level 95” en toute fin de code. ūüėČ

  3. ialaoufadia • 91 days ago #

    Bonjour.
    Votre code a l’air efficace. Sauriez-vous comment modifier les √©tiquettes qui s’affichent sur le graphique svp ? Mon probl√®me est que j’ai les √©tiquettes avec les indices “inSync 95” et “level 5” qui s’affichent, alors que j’aimerais afficher l’ “InSync Index” . Merci.

    • Nicolas • 91 days ago #

      Il faut simplement modifier ces textes à convenance, dans la dernière ligne de code (les textes sont entre guillemets).

  4. ialaoufadia • 91 days ago #

    Je viens de comprendre l’origine de mon probl√®me : le graphique n’avait tout simplement pas assez de place sur mon √©cran pour afficher toutes les √©tiquettes, et l’ “Insync Index” ne s’affichait pas. Tout b√™te.

  5. ialaoufadia • 91 days ago #

    Merci Nicolas, le problème était donc autre.

  6. Gianluca • 4 days ago #

    Sorry but the stochastic part should be different:
    sto=Stochastic[14,1]
    stod=average[3](sto)
    //STO%dInS
    if stod>80 then
    stodins=5
    elsif stod80 then
    stokins=5
    elsif sto<20 then
    stokins=-5
    else
    stokins=0
    endif

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