Hello folks!
While I know there are ways to make adaptations to achieve almost the same effect, it would be interesting to have a building block that compares the indicators to its signal line, not just identify crossovers. Would this be too complex to add?
While I know there are ways to make adaptations to achieve almost the same effect, it would be interesting to have a building block that compares the indicators to its signal line, not just identify crossovers. Would this be too complex to add?
Rename
IMHO, the right question to ask is: would it add value? I know that signal line crossovers are common signals. What about the signal line comparison - can you point to a few examples of trading systems on the web where this is implemented?
This can already be achieved with Indicator Compare to Indicator and using the SmoothInd as the second indicator.
Eugene,
There are some strategies that can buy when some signal is given and also a indicator is above its signal (RSI, Stochastic or CCI for example).
Glitch,
Yes, it can be done. There is only one problem, that I can't set the indicator parameters as optimizable variables through building blocks. This I believe is the only problem this solution presents.
There are some strategies that can buy when some signal is given and also a indicator is above its signal (RSI, Stochastic or CCI for example).
Glitch,
Yes, it can be done. There is only one problem, that I can't set the indicator parameters as optimizable variables through building blocks. This I believe is the only problem this solution presents.
QUOTE:
There are some strategies that can buy when some signal is given and also a indicator is above its signal (RSI, Stochastic or CCI for example).
Could you be more precise about published examples of these strategies, if you discuss inclusion of a concept into WL for all users?
Eugene,
Yes, I can.
https://www.amazon.com.br/High-Probability-Trading-Strategies-Tactics/dp/0470181664
Rober Miner describes a system that uses comparison on a longer time frame coupled with crossover on a shorter timeframe.
Of course there are more items in the system and many different occasions, but this is one of them.
And to implement that, for sure some kind of optimization would be very welcome.
Yes, I can.
https://www.amazon.com.br/High-Probability-Trading-Strategies-Tactics/dp/0470181664
Rober Miner describes a system that uses comparison on a longer time frame coupled with crossover on a shorter timeframe.
Of course there are more items in the system and many different occasions, but this is one of them.
And to implement that, for sure some kind of optimization would be very welcome.
You could always start out with a BB strategy, automatically convert it to code based, and then add the optimization of the indicator parameters in code.
Ok. Thanks
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