Expressing different periods in same code although PRT has no support for it

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  • 03/06/2018 at 10:53 PM #64630 quote
    soulintact
    Participant
    Senior

    As many of you, I long for a PRT version that allows you to express different periods in the same code.

    Until that happens, is there a way to change the parameters to “simulate” a different time period.

    For example; if the code is adjusted for 40 minutes but FastStochastic(14,3) would perform best in daily period. Could that be adjusted in the parameters?

    03/07/2018 at 12:50 PM #64665 quote
    verdi55
    Participant
    Veteran
    soulintact wrote:

    As many of you, I long for a PRT version that allows you to express different periods in the same code. Until that happens, is there a way to change the parameters to “simulate” a different time period. For example; if the code is adjusted for 40 minutes but FastStochastic(14,3) would perform best in daily period. Could that be adjusted in the parameters?

    You cannot calculate the exact daily stochastic with the built-in stochastic indicator shown on shorter time-scales. What you can do : Use a manual formula to calculate the stochastic indicator

    https://en.wikipedia.org/wiki/Stochastic_oscillator ,

    write a code to express this (or look in the library here), and calculate the daily stochastic indicator using the daily closing price of the previous day “DClose(1)”.

    But only once a day on the shorter timeframe, for example when intradaybarindex = 0.

    Nicolas and soulintact thanked this post
    03/07/2018 at 2:00 PM #64667 quote
    Nicolas
    Keymaster
    Master

    and bear in mind that MTF is coming to ProOrder, not for ProBuilder.

    soulintact thanked this post
    03/07/2018 at 9:32 PM #64699 quote
    soulintact
    Participant
    Senior

    Thank you both!

    MTF will hopefully be integrated into ProBuilder later on. It would be a great upgrade.

    03/08/2018 at 6:04 AM #64715 quote
    Leo
    Participant
    Veteran

    I create something, you can see it here:

    Daily data for intraday timeframe

    soulintact thanked this post
    03/08/2018 at 8:34 AM #64719 quote
    soulintact
    Participant
    Senior

    Thank you very much Leo, great job!!

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Expressing different periods in same code although PRT has no support for it


ProBuilder: Indicators & Custom Tools

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soulintact @soulintact Participant
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This topic contains 5 replies,
has 4 voices, and was last updated by soulintact
7 years, 11 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 03/06/2018
Status: Active
Attachments: No files
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