Accumulative Swing Index

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  • 03/31/2016 at 7:02 PM #4720 quote
    Peter13.2007
    Participant
    New

    Does anyone have the ProRealTime code for the Accumulative Swing Index developed by Welles Wilder?

    03/31/2016 at 7:34 PM #4722 quote
    Nicolas
    Keymaster
    Master

    Hello Peter,

    Please find attached the Accumulative Swing Index indicator, made of the Swing Index found on PRT official library.

    ACCUMULATIVE SWING INDEX

    04/01/2016 at 11:35 AM #4740 quote
    Peter13.2007
    Participant
    New

    Hi Nicolas,

    The code works!

    Thank you so much.

    09/22/2016 at 9:33 PM #13569 quote
    Fengshui17
    Participant
    New

    Hi,

    I tried to put this ASI into PRT by using this itf file above but I get something totally different to what we should expect from the ASI. What I mean is, the zero line, that should mark the separation between the bearish and bullish trends was passed only in 2013 (we are in 2016 !), which is absurd being given the ASI is an indicator quite fast, as we can see for example in this short video:

    https://www.youtube.com/watch?v=dxJ64XXEiRA

    So shouldn’t we think there is something wrong in this itf file?

    Thank you for putting some light about it…

    09/23/2016 at 7:42 AM #13589 quote
    Nicolas
    Keymaster
    Master

    I don’t remember from which language I translate this formula in the first place.

    I have just recoded from an MQL4 one (MT4) :

    T = 300

Tpoints = T * pointsize

IF BarIndex > 0 THEN
 if(close[1]>=Low and Close[1]<=High) then
  ER = 0
 else
  if close[1]>high then
   ER = abs(high-close[1])
  elsif close[1]<low then
   ER = abs(low-close[1])
  endif
endif

 K = max(abs(high-close[1]),abs(low-close[1]))
 SH = abs(close[1]-open[1]) 
 R = TR - 0.5*ER + 0.25*SH
  if R = 0 then
   SIBuffer = 0
  else
   SIBuffer = 50*(close-close[1]+0.5*(close-open)+0.25*(close[1]-open[1]))*(K/Tpoints) / R
 endif

 ASI = ASI[1]+SIBuffer
ENDIF

RETURN ASI

    Got exactly the same returned curves from the 2 indicators. On what instrument did you observe a difference? Maybe the cTrader indicator formula from the youtube video is not the same as the ones I found so far!

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Accumulative Swing Index


ProBuilder: Indicators & Custom Tools

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Peter13.2007 @peter13-2007 Participant
Summary

This topic contains 4 replies,
has 3 voices, and was last updated by Nicolas
9 years, 4 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 03/31/2016
Status: Active
Attachments: No files
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