Indicators Archives - Page 6 of 11

MACDLine

Return value of the MACD line indicator over S and L period of selected price.

Syntax:

MACDLine[S,L,Si](price)

1	MACDLine[S,L,Si](price)

Example:

i1 = MACD[12,26,9](close)
i2 = MACDLine[12,26,9](close)

if(i1<i2 AND i1[1]>i2[1]) THEN
         bullishSignal = 1
         bearishSignal = 0
ELSIF (i1>i2 AND i1[1]<i2[1]) THEN 
         bullishSignal = 0
         bearishSignal = -1
ELSE
         bullishSignal = 0
         bearishSignal = 0
ENDIF

RETURN bullishSignal, bearishSignal

i1 = MACD[12,26,9](close)

i2 = MACDLine[12,26,9](close)

if(i1<i2 AND i1[1]>i2[1]) THEN

bullishSignal = 1

bearishSignal = 0

ELSIF (i1>i2 AND i1[1]<i2[1]) THEN

bullishSignal = 0

bearishSignal = -1

ELSE

bullishSignal = 0

bearishSignal = 0

ENDIF

RETURN bullishSignal, bearishSignal

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MACDsignal

ProRealTime v11

Return the MACD signal line value.

Syntax:

MACDSignal[fastPeriod,SlowPeriod,SignalPeriod](price)

1	MACDSignal[fastPeriod,SlowPeriod,SignalPeriod](price)

Where:

fastPeriod= fast EMA period used by MACD (default is 12 period)
slowPeriod= slow EMA period used by MACD (default is 26 period)
SignalPeriod= period used to calculate the MACDSignal line (see description below), default period is 9

(more…)

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MassIndex

Return value of the Mass Index technical indicator over N periods.

Syntax:

MassIndex[N]

1	MassIndex[N]

Calculation:

MassIndex = Summation[N](ExponentialAverage[N](high – low) / ExponentialAverage[N](ExponentialAverage[N](high-low))) (more…)

Category Indicators

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Momentum

Return value of the Momentum technical indicator of the Nth bar : (close – close of the N-th last bar).

Syntax:

Momentum[N]

1	Momentum[N]

Calculation:

It is obtained by substracting the x days before Close from today’s Close. X is the parameter associated with Momentum. (more…)

Category Indicators

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MoneyFlow

Return value of the Money Flow indicator, over the last N periods for selected price. Values are bounded between -1 and 1.

Syntax:

MoneyFlow[N](price)

1	MoneyFlow[N](price)

Example:

mf = MoneyFlow[100](close)
LRmf = linearregression[20](mf)

if(LRmf>0) THEN
   bullishmarket = 1
ELSE
   bullishmarket =0
ENDIF

RETURN bullishmarket

mf = MoneyFlow[100](close)

LRmf = linearregression[20](mf)

if(LRmf>0) THEN

bullishmarket = 1

ELSE

bullishmarket =0

ENDIF

RETURN bullishmarket

Category Indicators

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MoneyFlowIndex

Return value of the Money Flow Index indicator, over the last N periods.

Syntax:

MoneyFlowIndex[N]

1	MoneyFlowIndex[N]

Calculation :

Money Flow = [typical price * volume] = [(H+L+C)/3 * volume]

If the median price > yesterday’s median price then Money Flow is a positive flow.

If the median price < yesterday’s median price then Money Flow is a negative flow.

Then calculate the money ratio :

MR = (MF+ / MF-)

MFI = 100 – [100 / (1+ MR)]

(more…)

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OBV

Return the On balance volume indicator value of the selected price.

Syntax:

OBV(price)

1	OBV(price)

Example:

i1 = OBV(close)
i2 = OBV(close[10])

test = i1-i2

RETURN test

i1 = OBV(close)

i2 = OBV(close[10])

test = i1-i2

RETURN test

Category Indicators

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PositiveVolumeIndex

Give the positive volume index value, also known as PVI technical indicator of selected price. Near volumes informations of the instrument.

Syntax:

PositiveVolumeIndex(price)

1	PositiveVolumeIndex(price)

Calculation :

If today’s Volume > yesterday’s Volume then PVI = yesterday’s PVI + (today’s close – yesterday’s close) / [yesterday’s close * yesterday’s PVI]

If today’s Volume < yesterday’s Volume then PVI = yesterday’s PVI.

(more…)

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The price oscillator is calculated by subtracting a short moving average by a long one. In its percentage form, the result is divided by the short moving average and multiplied by 100. The parameters are the number of days of both moving averages.

Interpretation :

Buy/Sell opportunities occur when the oscillator crosses the 0 level.

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PRTBANDSDOWN

Returns the PRT Bands lowest band.

Syntax:

PRTBANDSDOWN

1	PRTBANDSDOWN

Example:
Plot a down arrow above the candlestick when the Close crosses under the lowest band

a = PRTBandsDown
//plot a down arrow above the candle when the Close crosses under the bands
if close crosses under a then 
 drawarrowdown(barindex,high+averagetruerange[14]/2) coloured(255,0,0)
endif

return

a = PRTBandsDown

//plot a down arrow above the candle when the Close crosses under the bands

if close crosses under a then

drawarrowdown(barindex,high+averagetruerange[14]/2) coloured(255,0,0)

endif

return

Category Indicators

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Documentation / Indicators

MACDLine

MACDsignal

MassIndex

Momentum

MoneyFlow

MoneyFlowIndex

OBV

PositiveVolumeIndex

PriceOscillator

PRTBANDSDOWN

Search documentation

Categories

Documentation / Indicators

<img width="64" height="64" src="https://a2a3f5h6.rocketcdn.me/wp-content/images/52_full.png" /> MACDLine

<img width="64" height="64" src="https://a2a3f5h6.rocketcdn.me/wp-content/images/52_full.png" /> MACDsignal

<img width="64" height="64" src="https://a2a3f5h6.rocketcdn.me/wp-content/images/52_full.png" /> MassIndex

<img width="64" height="64" src="https://a2a3f5h6.rocketcdn.me/wp-content/images/52_full.png" /> Momentum

<img width="64" height="64" src="https://a2a3f5h6.rocketcdn.me/wp-content/images/52_full.png" /> MoneyFlow

<img width="64" height="64" src="https://a2a3f5h6.rocketcdn.me/wp-content/images/52_full.png" /> MoneyFlowIndex

<img width="64" height="64" src="https://a2a3f5h6.rocketcdn.me/wp-content/images/52_full.png" /> OBV

<img width="64" height="64" src="https://a2a3f5h6.rocketcdn.me/wp-content/images/52_full.png" /> PositiveVolumeIndex

<img width="64" height="64" src="https://a2a3f5h6.rocketcdn.me/wp-content/images/52_full.png" /> PriceOscillator

<img width="64" height="64" src="https://a2a3f5h6.rocketcdn.me/wp-content/images/52_full.png" /> PRTBANDSDOWN

Search documentation

Categories

MACDLine

MACDsignal

MassIndex

Momentum

MoneyFlow

MoneyFlowIndex

OBV

PositiveVolumeIndex

PriceOscillator

PRTBANDSDOWN