Conversion of TAC-DMI from TradeStation

• 11/19/2018 at 1:23 PM #85188
  Friend

  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” ) ;

  

  Friend

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

  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.

  

  Nicolas

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

  I’m sorry, Nicolas. Herewith the attachments

  

  Friend

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

  ADX:

  i1 = adx[3] i2 = adx[4] i3 = adx[5] hi=70 lo=30 return i1,i2,i3,hi,lo

  1 2 3 4 5 6 7

  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

  1 2 3 4 5 6 7

  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

  1 2 3 4 5 6 7

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

   

  

  Nicolas

  Keymaster

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