Possible to code this 3D heatmap in PRT? (Mark Whistler’s Wave PM)

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01/02/2020 at 9:22 PM #115799 quote

AlgoAlex
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Master

@nicolas

It doesn’t really matter, since every version is based on the same core, to separate each indis in two variables r and g over multiple periods.

I think there’s huge potential behind it but still can’t get what I want. I will make a more descriptive post later.

01/02/2020 at 9:44 PM #115800 quote

Vonasi
Moderator

Master

I’ve not looked closely at that code for a while so I’m not sure what the maximum values for R and B in the indicator are (possibly 255) but you could just GRAPH R and B and then see what their values are when you would like to open a trade or what the maximum values are. Then use a loop to check each value for every period and BREAK if one does not meet your desired value.

01/02/2020 at 10:05 PM #115804 quote

AlgoAlex
Participant

Master

That’s exactly what I did first thing first, @Vonasi.

If you just graph r and g, (stochastic in this case) but without the loop and leaving a defined period, it gives you something like pic1(period 100);

if you put multiple periods on different windows, you get as picture2.

Isn’t it woth some attention?

Now I am struggling to code the “convergence” of as many periods as possible turning to green/red.

P.S. don’t mind the color, just noticed they’re inverted (red for bullish, green for bearish)

pic1.jpg pic2.jpg

01/02/2020 at 10:53 PM #115807 quote

Vonasi
Moderator

Master

AlexF wrote:

Isn’t it woth some attention?

That depends as in reality you are just looking an indicator with a whole lot of periods and then trying to decide which of those periods are important and how many close to each other are important. It is just a 3D curve fit in reality. Where do you draw the line for entry and exit- slightly red and slightly green or very red and very green and then how very red is very red and how very green is very green?

01/02/2020 at 11:05 PM #115809 quote

AlgoAlex
Participant

Master

It depends.

Being a visual one, I need to look before creating a trading system.

For example, I would test the entries when we have all green or red in a certain amount of periods (see pic3, green or red lines).

That’s why I find fascinating, because you have a LOT of periods simultaneously to give you insight!

denmar thanked this post

pic3.jpg
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