please I need help, how do you create a custom indicator. example: creating an indicator that measures the standard deviation of ATRP
Rename
You need to ask yourself first, why do you need it to be an indicator. There are cases you'll need one - like NeuroLab etc, but TimeSeries will be enough in most cases. I use TimeSeries only.
What you've described will look something like:
What you've described will look something like:
CODE:
TimeSeries ts = StdDev.Series(ATR.Series(bars, 25), 25);
@manofsteel
Check out Help > Indicators > "Custom Indicators" chapter. The Indicator Builder tool (Tools menu) comes with 3 example indicators (open source).
@Rep_m
Just a minor correction: should be ATRP
P.S. Advanced users may be interested in creating full-fledged indicator libraries following this manual:
https://www.wealth-lab.com/Support/ExtensionApi/IndicatorLibrary
Check out Help > Indicators > "Custom Indicators" chapter. The Indicator Builder tool (Tools menu) comes with 3 example indicators (open source).
@Rep_m
Just a minor correction: should be ATRP
CODE:
TimeSeries ts = StdDev.Series(ATRP.Series(bars, 25), 25);
P.S. Advanced users may be interested in creating full-fledged indicator libraries following this manual:
https://www.wealth-lab.com/Support/ExtensionApi/IndicatorLibrary
If we create a custom indicator using the corresponding menu, does it appear in the indicators tab?
Yes.
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