TradeStation Indicators

A sort of an experiment, but using tradestation this time
It uses nonlag ma (with an option to have regular or double smoothed non-lag ma) as a basis to calculate something that we can describe as an "estimate of a trend". At a first glance it seems to be usable - further testing needed though

NONLAG MA TREND.ELD: (12.77 KiB) Downloaded 418 times

Re: TradeStation Indicators

#38 by mladen

A sort of an experiment - this is a stochastic cci (stochastic using cci as data)

STOCHASTIC CCI.ELD: (7.75 KiB) Downloaded 536 times

Re: TradeStation Indicators

#39 by mladen

This indicator is filling in some gaps in default tradestation CCI indicator ...
It (the default CCI indicator) uses only typical price for calculation. While it is OK as far as definition is concerned (since, indeed, CCI is defined to use only typical price), there is no reason why we should not use other prices too,. This version adds an option to use any price, but also adds option to have price pre- and pos- smoothing. The more interesting is pre-smoothing (since the lag added by it is minimal), and it helps a lot in filtering some false signals
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The example is using period 32 for pre-smoothing. As it is obvious it starts to look much more "tradeable" than the default CCI

CCI EXTENDED.ELD: (8.15 KiB) Downloaded 402 times

Re: TradeStation Indicators

#40 by mladen

A variation of the William Blau's trend strength index indicator with trade/no trade zones

SD TSI.ELD: (12.13 KiB) Downloaded 421 times