Setting up John Carter charts for Pro Trader

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  • 04/07/2021 at 10:21 AM #166386 quote
    stevejames
    Participant
    New

    Hi I have recently completed an options course and am now following John Carter (Simpler trading) with his strategies for options.

    Problem is he uses Tastyworks platform in US for his indicators, (which are attached) He has the indicators showing up as labels which are color coded for speed of use and trade planning.

    Can anyone help me out in developing or showing me if its possible to create the same chart in Pro Realtime.

     

    Cheers

    Steve

    Johns-Average-True-Range-Setup-1.pdf Johns-Utility-Labels-1.pdf
    04/07/2021 at 2:59 PM #166413 quote
    Nicolas
    Keymaster
    Master

    For the Keltner channel, add this code on the price:

    MiddleMovingAverage=Average[Period](close)

Upper1=MiddleMovingAverage+1*AverageTrueRange[Period](close)

Lower1=MiddleMovingAverage-1*AverageTrueRange[Period](close)

Upper2=MiddleMovingAverage+2*AverageTrueRange[Period](close)

Lower2=MiddleMovingAverage-2*AverageTrueRange[Period](close)

Upper3=MiddleMovingAverage+3*AverageTrueRange[Period](close)

Lower3=MiddleMovingAverage-3*AverageTrueRange[Period](close)

Return MiddleMovingAverage AS"MiddleBand",Upper1 AS"UpperKC1", Lower1 AS"LowerKC1",Upper2 AS"UpperKC2",Lower2 AS"LowerKC2",Upper3 AS"UpperKC3",Lower3 AS"LowerKC3"
    04/12/2021 at 12:24 AM #166798 quote
    stevejames
    Participant
    New

    Hi Not sure where on price to add this.

    04/12/2021 at 10:21 AM #166830 quote
    Nicolas
    Keymaster
    Master

    Download the attached itf file, import it into your platform and add it on the price chart like in the picture.

    add-indicator-on-price-with-prorealtime.png add-indicator-on-price-with-prorealtime.png keltner-3bands.itf
    04/14/2021 at 12:05 AM #167008 quote
    stevejames
    Participant
    New

    Hi Nocolas

     

    Thank you very much for your help, can you do anything with John Carters utility labels

    04/15/2021 at 4:00 PM #167180 quote
    Nicolas
    Keymaster
    Master

    Most of those indicators are available by default in the platform.

    04/15/2021 at 11:54 PM #167215 quote
    stevejames
    Participant
    New

    Hi Nocolas

    Yes I realize that, its the way John has them configured as labels that change colors to indicate a value instead of having the indicator on the chart.

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Setting up John Carter charts for Pro Trader


ProBuilder: Indicators & Custom Tools

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stevejames @stevejames Participant
Summary

This topic contains 6 replies,
has 2 voices, and was last updated by stevejames
4 years, 10 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 04/07/2021
Status: Active
Attachments: 4 files
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