Conversion of TAC-DMI from TradeStation

Friend · 2018-11-19T12:23:16+00:00

Hi, the text in the first attachement tells the working of this indicator. The code of TradeStation is here below. This is from http://traders.com/Documentation/FEEDbk_Docs/2012/11/TradersTips.html This page shows more TAC-DMI codes from trading software programs. The EasyLanguage code is: _TAC_3x_ADX ( Indicator ) { Identify the Start of a Trend With DMI } { Technical Analysis of Stocks and Commodities, November 2012 } { BC Low, CMT } inputs: ADXLength1( 3 ), ADXLength2( 4 ), ADXLength3( 5 ), HiRefLevel( 70 ), { high reference level } LoRefLevel( 30 ) ; { low reference level } variables: ADX1( 0 ), ADX2( 0 ), ADX3( 0 ) ; { calculate the 3 ADX values } ADX1 = ADX( ADXLength1 ) ; ADX2 = ADX( ADXLength2 ) ; ADX3 = ADX( ADXLength3 ) ; { plot the ADX values and reference levels } Plot1( ADX1, “ADX1” ) ; Plot2( ADX2, “ADX2” ) ; Plot3( ADX3, “ADX3” ) ; Plot4( HiRefLevel, “Hi Ref” ) ; Plot5( LoRefLevel, “Lo Ref” ) ; _TAC_3x_+DI ( Indicator ) { Identify the Start of a Trend With DMI } { Technical Analysis of Stocks and Commodities, November 2012 } { BC Low, CMT } inputs: DMIPlusLength1( 5 ), DMIPlusLength2( 8 ), DMIPlusLength3( 14 ), HiRefLevel( 50 ), { high reference level } LoRefLevel( 10 ) ; { low reference level } variables: DMIPlus1( 0 ), DMIPlus2( 0 ), DMIPlus3( 0 ) ; { calculate the 3 +DMI values } DMIPlus1 = DMIPlus( DMIPlusLength1 ) ; DMIPlus2 = DMIPlus( DMIPlusLength2 ) ; DMIPlus3 = DMIPlus( DMIPlusLength3 ) ; { plot the +DMI values and reference levels } Plot1( DMIPlus1, “+DMI 1” ) ; Plot2( DMIPlus2, “+DMI 2” ) ; Plot3( DMIPlus3, “+DMI 3” ) ; Plot4( HiRefLevel, “Hi Ref” ) ; Plot5( LoRefLevel, “Lo Ref” ) ; _TAC_3x_-DI ( Indicator ) { Identify the Start of a Trend With DMI } { Technical Analysis of Stocks and Commodities, November 2012 } { BC Low, CMT } inputs: DMIMinusLength1( 5 ), DMIMinusLength2( 8 ), DMIMinusLength3( 14 ), HiRefLevel( 50 ), { high reference level } LoRefLevel( 10 ) ; { low reference level } variables: DMIMinus1( 0 ), DMIMinus2( 0 ), DMIMinus3( 0 ) ; { calculate the 3 -DMI values} DMIMinus1 = DMIMinus( DMIMinusLength1 ) ; DMIMinus2 = DMIMinus( DMIMinusLength2 ) ; DMIMinus3 = DMIMinus( DMIMinusLength3 ) ; { plot the -DMI values and reference levels } Plot1( DMIMinus1, “-DMI 1” ) ; Plot2( DMIMinus2, “-DMI 2” ) ; Plot3( DMIMinus3, “-DMI 3” ) ; Plot4( HiRefLevel, “Hi Ref” ) ; Plot5( LoRefLevel, “Lo Ref” ) ;

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11/19/2018 at 1:23 PM #85188 quote

Friend
Participant

Average

Hi, the text in the first attachement tells the working of this indicator.
The code of TradeStation is here below. This is from http://traders.com/Documentation/FEEDbk_Docs/2012/11/TradersTips.html
This page shows more TAC-DMI codes from trading software programs.

The EasyLanguage code is:

_TAC_3x_ADX ( Indicator )

{ Identify the Start of a Trend With DMI }
{ Technical Analysis of Stocks and Commodities,
November 2012 }
{ BC Low, CMT }

inputs:
ADXLength1( 3 ),
ADXLength2( 4 ),
ADXLength3( 5 ),
HiRefLevel( 70 ), { high reference level }
LoRefLevel( 30 ) ; { low reference level }

variables:
ADX1( 0 ),
ADX2( 0 ),
ADX3( 0 ) ;

{ calculate the 3 ADX values }
ADX1 = ADX( ADXLength1 ) ;
ADX2 = ADX( ADXLength2 ) ;
ADX3 = ADX( ADXLength3 ) ;

{ plot the ADX values and reference levels }
Plot1( ADX1, “ADX1” ) ;
Plot2( ADX2, “ADX2” ) ;
Plot3( ADX3, “ADX3” ) ;
Plot4( HiRefLevel, “Hi Ref” ) ;
Plot5( LoRefLevel, “Lo Ref” ) ;

_TAC_3x_+DI ( Indicator )

{ Identify the Start of a Trend With DMI }
{ Technical Analysis of Stocks and Commodities,
November 2012 }
{ BC Low, CMT }

inputs:
DMIPlusLength1( 5 ),
DMIPlusLength2( 8 ),
DMIPlusLength3( 14 ),
HiRefLevel( 50 ), { high reference level }
LoRefLevel( 10 ) ; { low reference level }

variables:
DMIPlus1( 0 ),
DMIPlus2( 0 ),
DMIPlus3( 0 ) ;

{ calculate the 3 +DMI values }
DMIPlus1 = DMIPlus( DMIPlusLength1 ) ;
DMIPlus2 = DMIPlus( DMIPlusLength2 ) ;
DMIPlus3 = DMIPlus( DMIPlusLength3 ) ;

{ plot the +DMI values and reference levels }
Plot1( DMIPlus1, “+DMI 1” ) ;
Plot2( DMIPlus2, “+DMI 2” ) ;
Plot3( DMIPlus3, “+DMI 3” ) ;
Plot4( HiRefLevel, “Hi Ref” ) ;
Plot5( LoRefLevel, “Lo Ref” ) ;

_TAC_3x_-DI ( Indicator )

{ Identify the Start of a Trend With DMI }
{ Technical Analysis of Stocks and Commodities,
November 2012 }
{ BC Low, CMT }

inputs:
DMIMinusLength1( 5 ),
DMIMinusLength2( 8 ),
DMIMinusLength3( 14 ),
HiRefLevel( 50 ), { high reference level }
LoRefLevel( 10 ) ; { low reference level }

variables:
DMIMinus1( 0 ),
DMIMinus2( 0 ),
DMIMinus3( 0 ) ;

{ calculate the 3 -DMI values}
DMIMinus1 = DMIMinus( DMIMinusLength1 ) ;
DMIMinus2 = DMIMinus( DMIMinusLength2 ) ;
DMIMinus3 = DMIMinus( DMIMinusLength3 ) ;

{ plot the -DMI values and reference levels }
Plot1( DMIMinus1, “-DMI 1” ) ;
Plot2( DMIMinus2, “-DMI 2” ) ;
Plot3( DMIMinus3, “-DMI 3” ) ;
Plot4( HiRefLevel, “Hi Ref” ) ;
Plot5( LoRefLevel, “Lo Ref” ) ;

11/20/2018 at 9:44 AM #85275 quote

Nicolas
Keymaster

Legend

There are no attachments to your post?

Anyway, these indicators are “clusters” of ADX and DMI. They just plot 3 different periods of the ADX (3, 4 and 5 periods) and DMI (5, 8 and 14 periods) on the same indicator’s window.

11/20/2018 at 10:16 AM #85277 quote

Friend
Participant

Average

I’m sorry, Nicolas. Herewith the attachments

Identify-The-Start-Of-A-Trend-With-DMI.docx TT1-TradeStation-1211.png

11/20/2018 at 11:12 AM #85291 quote
Nicolas
Keymaster

Legend
ADX:
```
i1 = adx[3]
i2 = adx[4]
i3 = adx[5]
hi=70
lo=30

return i1,i2,i3,hi,lo
```
DMIplus:
```
i1 = diplus[5]
i2 = diplus[8]
i3 = diplus[14]
hi=50
lo=10

return i1,i2,i3,hi,lo
```
DMIminus:
```
i1 = diminus[5]
i2 = diminus[8]
i3 = diminus[14]
hi=50
lo=10

return i1,i2,i3,hi,lo
```
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