TMMS oscillator in a automatic trading

• 10/15/2019 at 1:00 PM #110238
  Dollarbunker

  Hello everyone, everything good,

  TMMS oscillator (Trading Made More Simpler)

  https://www.prorealcode.com/prorealtime-indicators/tmms-oscillator-trading-made-more-simpler/

   

  I really liked this indicator and would like to use it in an automated trading strategy.

  For example, buy green bars to gray bars …

  Can you help me do this?

  Thanks

  

  Dollarbunker

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  10/15/2019 at 1:39 PM #110241
  Vonasi

  Welcome to the forums.

  It is always a good idea to search the library first before requesting an indicator.

  https://www.prorealcode.com/prorealtime-indicators/tmms-oscillator-trading-made-more-simpler/

  

  Vonasi

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  10/15/2019 at 2:51 PM #110251
  Dollarbunker

  Thanks.

   

  The idea is use this indicator in a automatic trading system.

   

  “Nicolas • 29 days ago #

  Please open a topic in the automatic trading forum for that and bring sufficient explanation on how it should behaves (entries, exit, ..). Thanks in advance.”

  

  Dollarbunker

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  10/15/2019 at 3:24 PM #110254
  Vonasi

  Sorry Dollarbunker – I scan read your first post and as it was in the ProBuilder forum I assumed it was a request for an indicator conversion. I will move the topic to the correct ProOrder forum where strategies are discussed. Please try to post in the correct forum with future topics to save on any confusion! 🙂

  

  Vonasi

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  10/15/2019 at 3:37 PM #110255
  Nicolas

  Here is the strategy, buy when histogram is green, sellshort when histogram is red. Exit on trend change or if green/red disappear. No orders accumulation.

  defparam cumulateorders=false //PRC_smTMMS-Oscillator_v3.0 | strategy //13.09.2019 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge // --- settings RSIPeriod=14 Stochastic1PeriodK = 8 Stochastic1PeriodD = 3 Stochastic2PeriodK = 14 Stochastic2PeriodD = 3 // --- end of settings once threshold=50 once ilimit=0 bufRSI=rsi[RSIPeriod] bufStoch1=stochastic[Stochastic1PeriodK,Stochastic1PeriodD] bufStoch2=stochastic[Stochastic2PeriodK,Stochastic2PeriodD] bufRSI=bufRSI-threshold bufStoch1=bufStoch1-threshold bufStoch2=bufStoch2-threshold bufHistUP=0 bufHistDN=0 //bufHistNO=0 if(bufRSI>ilimit and bufStoch1>ilimit and bufStoch2>ilimit) then bufHistUP=bufStoch2 else if(bufRSI<ilimit and bufStoch1<ilimit and bufStoch2<ilimit) then bufHistDN=bufStoch2 else //bufHistNO=bufStoch2 endif endif //bullish order if bufhistup>0 and bufhistup[1]=0 and not longonmarket then buy at market endif //bearish order if bufhistdn<0 and bufhistdn[1]=0 and not shortonmarket then sellshort at market endif //orders exit when histogram is gray if bufhistup=0 and longonmarket then sell at market endif if bufhistdn=0 and shortonmarket then exitshort at market endif

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  defparam cumulateorders=false   //PRC_smTMMS-Oscillator_v3.0 | strategy //13.09.2019 //Nicolas @ www.prorealcode.com //Sharing ProRealTime knowledge   // --- settings RSIPeriod=14 Stochastic1PeriodK  = 8 Stochastic1PeriodD  = 3 Stochastic2PeriodK  = 14 Stochastic2PeriodD  = 3 // --- end of settings   once threshold=50 once ilimit=0   bufRSI=rsi[RSIPeriod] bufStoch1=stochastic[Stochastic1PeriodK,Stochastic1PeriodD] bufStoch2=stochastic[Stochastic2PeriodK,Stochastic2PeriodD] bufRSI=bufRSI-threshold bufStoch1=bufStoch1-threshold bufStoch2=bufStoch2-threshold   bufHistUP=0 bufHistDN=0 //bufHistNO=0 if(bufRSI>ilimit and bufStoch1>ilimit and bufStoch2>ilimit) then bufHistUP=bufStoch2 else if(bufRSI<ilimit and bufStoch1<ilimit and bufStoch2<ilimit) then bufHistDN=bufStoch2 else //bufHistNO=bufStoch2 endif endif   //bullish order if bufhistup>0 and bufhistup[1]=0 and not longonmarket then buy at market endif   //bearish order if bufhistdn<0 and bufhistdn[1]=0 and not shortonmarket then sellshort at market endif //orders exit when histogram is gray if bufhistup=0 and longonmarket then sell at market endif if bufhistdn=0 and shortonmarket then exitshort at market endif

   

  

  Nicolas

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  10/15/2019 at 5:01 PM #110260
  Dollarbunker

  Thanks Nicolas

  Always quite available.

   

  

  Dollarbunker

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