Requesting a simple Indicator

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Alpenkorps
Trader
Posts: 213
Joined: Thu Dec 15, 2011 4:03 am

Requesting a simple Indicator

Post by Alpenkorps »

Hi Guys,

I am currently working on a correlation based theory that needs further testing. If anyone could kindly make me an Indicator, It would save me many hours.

Indicator is extremely simple.

User Definable Options:

Pair 1 =
Pair 2 =
Average Price =

Indi will plot bars like a simple MACD.

Indi bars = (Pair 1 current bars closing price - Pair 2 current bars closing price) - Average Price

Thats it. I am doing this on excel right now, and its a lots of pain ...

Indi should look like the Graph in my excel sheet.

Thank You in Advance.

P.S. If the system looks good enough, I'll post the complete rules for an EA so hurry up and code me an Indi Please :mrgreen:
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gaheitman
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Posts: 655
Joined: Tue Nov 15, 2011 10:55 pm
Location: Richmond, VA, US

Re: Requesting a simple Indicator

Post by gaheitman »

Alpenkorps wrote:Hi Guys,

I am currently working on a correlation based theory that needs further testing. If anyone could kindly make me an Indicator, It would save me many hours.

Indicator is extremely simple.

User Definable Options:

Pair 1 =
Pair 2 =
Average Price =

Indi will plot bars like a simple MACD.

Indi bars = (Pair 1 current bars closing price - Pair 2 current bars closing price) - Average Price

Thats it. I am doing this on excel right now, and its a lots of pain ...

Indi should look like the Graph in my excel sheet.

Thank You in Advance.

P.S. If the system looks good enough, I'll post the complete rules for an EA so hurry up and code me an Indi Please :mrgreen:
What is "Average Price"?
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Alpenkorps
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Posts: 213
Joined: Thu Dec 15, 2011 4:03 am

Re: Requesting a simple Indicator

Post by Alpenkorps »

gaheitman wrote: What is "Average Price"?
Thank you for your interest George.

The "Average Price" is something I am yet to decide specifically. I need the indicator to try out different values. Right now, I am using (30 days pair 1 average closing price - 30 days pair 2 average closing price). Its pretty close to what I actually have in mind, but without proper testing, I can't decide anything.
Take my love, take my land, Take me where I cannot stand
I don't care, I'm still free, You can't take the sky from me
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Alpenkorps
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Posts: 213
Joined: Thu Dec 15, 2011 4:03 am

Re: Requesting a simple Indicator

Post by Alpenkorps »

Ok Guys, I have managed to do it myself.
I'll try the system this week and let you know my findings.
Take my love, take my land, Take me where I cannot stand
I don't care, I'm still free, You can't take the sky from me
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SilverTrader

Requesting a simple Indicator

Post by SilverTrader »

I had forgotten about this project, did it result in an indicator?
Thanks
Wayne
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tomele
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Joined: Tue May 17, 2016 3:40 pm
Location: Germany, Forest of Odes, Defending the Limes

Requesting a simple Indicator

Post by tomele »

Are you serious? The last post was more than 7 years and 9 months ago.

I lock it now.
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