Pro Realtime (IT Finance)

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grimweasel
Trader
Posts: 95
Joined: Sun Nov 20, 2011 3:48 pm

Pro Realtime (IT Finance)

Post by grimweasel »

Hia guys,

Does anyone have any experience of coding for Pro Realtime software. This is the excellent package provided by IT Finance and used by ETX and IG Index for their charts.

I have coded (using my limited knowledge) a scanner that looks for price action set-ups across the charts where we have price action reversal candles with trend (ie pullbacks on daily chart into underlying weekly trend). I then want the candle close to be above the 20ema on the daily depicting a possible reversal close back into trend.

I wondered if anyone knew the codes for the ZUP series of indicators (Empty4) that look for harmonic patterns? I know a lot of professional treaders using harmonic patterns to good effect but they are difficult to spot. The ZUP series of MT indys spot them for you.

I'm looking for a ZUP indy for Pro Realtime. I use PRT end of day data as I'm a swing trader and never trade below daily. PRT is a proper exchange feed as well, and not subject to all the spoofing and manipulation akin to Empty4 providers!

Best wishes,

Grim
grimweasel
Trader
Posts: 95
Joined: Sun Nov 20, 2011 3:48 pm

Pro Realtime (IT Finance)

Post by grimweasel »

Here's the code that I wrote for the price action reversal candles. Nice and simple.

Code: Select all

//Bullish/Bearish Candle Detector with trend strength, volume and alignment with 10/20/60 EMAs (ie price reversals back into trend)
//Detection of Hammer / Shooting Star
Timeframe(default)
L=3 //length of tail.
maxi = max(open,close)
mini = min(open,close)
body= abs(open-close)
lowertail = abs(low-mini) > ( L * body ) and (abs(low-mini)  >  abs(high-maxi))
uppertail =  abs(high-maxi) > ( L * body ) and (abs(high-maxi)  > abs(low-mini))

// candle high above 10ema
c1 = (high > exponentialaverage[10])

// candle low below 10ema
c2 = (low < exponentialaverage[10])

// Determine the "force" of the preceding down trend.
// Find the lowest low over the last 10bars
TIMEFRAME (Daily)
Low10 = lowest[10](low)
// Determine the decline since this point
Decline1 = Low10 - Close
// Determine the normal volatility of the security (median of true range over the last 3 bars)
NormalV1 = summation[3](TR) - lowest[3](TR) - highest[3](TR)
// Condition: Bullish Engulfing
Filter2 =close[1]>open[1] AND open>close[1] AND close<open[1] AND close<open and low[0]>low[1]
//Sorting criteria: Decline/NormalV (preceding down trend force)

//Determine the "force" of the preceding UP trend.
// Find the highest high over the last 10bars
TIMEFRAME (Daily)
High10 = highest[10](High)
// Determine the decline since this point
Decline = High10 - Close
// Determine the normal volatility of the security (median of true range over the last 3 bars)
NormalV = summation[3](TR) - highest[3](TR) - lowest[3](TR)
//Condition: Bullish Engulfing
Filter = close[1]<open[1] AND open<close[1] AND close>open[1] AND close>open

// EMA 10 greater than EMA 20 (for bullish with trend detection)
c6 = (exponentialaverage[10] > exponentialaverage[20])

// MEMA 10 Less than EMA 20 (for bearish with trend detection)
c7 = (exponentialaverage[10] < exponentialaverage[20])

//volume >(n)(change as required)
c8 = (volume > 500000)

// detection of Dark Cloud Cover (Bearish)
C9 = (open >high[1] and close < high[1] and close > close[1]and open < close)

// detection of piercing line (opposite to dark cloud cover) Bullish
c10 = (open < low[1] and close <high[1] and close >close[1] and open > close)

// detect BUOB where 10ema > 20ema (ie with trend)and candle high >10ema
SCREENER[Filter and c1 and  C6](Decline / NormalV AS "Down Trend Force")//BUOB

// detect BEOB where 10ema < 20ema (ie with trend) and candle low < 10ema
SCREENER[Filter2 and C2 and C7](Decline1 / NormalV1 AS "Down Trend Force")//BEOB

// detect hammer candle at bottom of recent down trend
screener [ close[1] < close[2]  and lowertail and C8] (Decline1 / NormalV1 AS "Down Trend Force")//finds hammer

// detects shooting star candle above recent up trend
screener [  close[1] > close[2]  and uppertail  and c8](Decline / NormalV AS "Down Trend Force") //finds shooting star

//detects Dark cloud cover (DCC) at top of recent uptrend
Screener [C9] (Decline1 / NormalV1 AS "Down Trend Force")//finds Dark Cloud Cover

//detect piercing line (bullish opposite to DCC) at base of down trend
Screener [c10](Decline / NormalV AS "Down Trend Force") //finds Opposite to dark cloud cover
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