Tether Line

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  • 03/11/2017 at 1:03 AM #28236 quote
    mastro
    Participant
    New

    Hi guys,
    is there anybody using the Tether Line indicator ? If so, would you mind passing me the proper coding to implement such an indicator to my ProRealTime platform ?
    I can imagine you may think why I am looking for this specific indicator when there is a plenty of them in the library ….
    Well, it is simply because I am not an expert (actually I am an absolute beginner) and it happens that I would like to test a simple method which implies to use just a couple of indicators, namely the HMA (Hull Moving Average) and the Tether Line.
    While I was able to find the code for the HMA and import it into my platform, I could not find the Tether Line neither within the Italian community nor surfing the net.
    All I was able to find is a description of the coding that you can see attached, but it is coded in another programming language and, despite my effort, I was not able to translate it into the ProRealCode

    Thanks to all for any help,

    Have a nice day,
    Mastro

    03/11/2017 at 3:35 AM #28239 quote
    Wing
    Participant
    Veteran
    n=50
return (highest[n](high)+lowest[n](low))/2

    Does that work?

    Nicolas thanked this post
    03/11/2017 at 1:52 PM #28264 quote
    mastro
    Participant
    New

    Ciao Wing and thank you so much for your help !!!
    Actually your code works pretty good  🙂

    In the meantime I did manage to code the Tether myself in this way:

    Period=50
Upper=0
Lower=0
Upper=highest[Period](High)
Lower=lowest[Period](Low)
TL=(Upper+Lower)/2
return TL COLOURED(255,255,0) as "Tether Line"

    and this is the evidence that I am a beginner !!!!  Your coding is far straightforward and elegant than mine !

    Have a nice weekend !
    Mario

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Tether Line


ProBuilder: Indicators & Custom Tools

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mastro @mastro Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by mastro
8 years, 11 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 03/11/2017
Status: Active
Attachments: No files
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