I am sure there are some people using BARCHART (myself included)? There is a proprietary trend seeker indicator which I rather like, wondering if anyone managed to replicate/reverse engineer this?
Thanks in advance.
This indicator is very similar to the parabolic SAR.
Thanks I will take a look.
I have looked this and whilst there are definitely some similarities there are significant differences, would love to know if some has managed to reverse engineer the TSS in BARCHART, would save me so much time.
Dots look like SAR, but the code is surely using ATR based calculation to create the up and down bands. Look at many ATR based “trailing stop” indicators around.
You might like to look in here …
Snippet Link Library
Filter by Trail in column B
Hi there, I’m use Trendseeker myself, and I’ve been trying to code it myself. Can we connect and chat about this? I really need to make this work for my algo.
Merci à GraHal, j’ignorais cette bibliothèque de liens d’extraits qui est très utile
Thanks to GraHal, I was unaware of this library of extract links, which is very useful.
@ARLEQUIN49
Only post in the language of the forum that you are posting in. For example English only in the English speaking forums and French only in the French speaking forums. Thanks 🙂
Would love to hear from anyone out there who managed to come across an indicator which very closely resembles Trend Seeker. May have to look paying someone to try and code this. This is fundamental to my trading strategy and is a real bottleneck for me.
I had a look and it feels like a basic trailing stop like indicator. But it doesn’t change from one trend to another if the volatility is under a specific factor (understand it uses a factor of ATR, just like a supertrend), in this case it rather displayed both side of the trend (green and red at the same time) around the price itself. I’ll take a look to create something related, but bear in mind that I do not know exactly how it is made and that it must not be considered as a pure copy of its original content.
That would be amazing Nicholas and hugeley appreciated.
This is what I came up with so far. I can’t compare with the indicator you talked about, this is just my assumption of how it can be useful to detect both up trend and down trend and the “pause” state.
Attached is same chart but with different settings for the up, down and side multiplier. Let me know if the visual is what you expect, so I can adapt before I deliver the code.
Thanks for this Nicholas, thats a great effort. As you can see in the attached comparative there are definetely more occassion where we show a pause (hold state). If screening using this indicator then that will clearly provide a quite a few false signals.