"Tushar Chandes DMI" conversion code mq5 to prorealtime

• 01/05/2018 at 9:47 PM #57449
  Rim

  Hello,

  DMI indicator is used as the RSI indicator.

  Would be really great if it worked.

   

  

  Rim

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  01/08/2018 at 11:49 AM #57689
  Nicolas

  DMI (Directionnal Movement Index) is already a default indicator of the ProRealTime platform, are you sure this MT5 one is different?

  

  Nicolas

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  01/08/2018 at 8:41 PM #57809
  Rim

  Yes I am sure. This DMI is different. I have both of them. There are several adjustment options.

  

  Rim

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  01/09/2018 at 8:51 AM #57850
  Nicolas

  oh sorry, that’s the Dynamic Momentum Index, which is quite different of course. I’ll do the translation into ProBuilder’s code later today.

  

  Nicolas

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  01/09/2018 at 2:10 PM #58610
  Nicolas

  I’m sorry but this code have multiple dimensional arrays, which are not possible to be converted into probuilder programming language. Apparently, the RSI used into this indicator is an RSX one, I’ll try to figure out how to reconstruct the indicator without the arrays limitations.

  

  Nicolas

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  01/12/2018 at 7:33 PM #59262
  Rim

  then I wait a bit

  

  Rim

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  01/15/2018 at 2:27 PM #59547
  Nicolas

  This is what I could made, I took the RSX code I have and use the same period as the ones from the original MT5 indicator. The results are not totally the same, but quite near I suppose ..

  //https://www.prorealcode.com/topic/tushar-chandes-dmi-conversion-code-mq5-to-prorealtime/ StdDevPeriod = 5 // Period of Standard Deviation MAStdDevPeriod = 10 // Period of smoothing MAStdDevMode = 0 // Mode of smoothing MA DMIPeriod = 15 // Dynamic Momentum Index Period DmiLowerLimit = 10 // Dynamic Periods Lower Bound DmiUpperLimit = 50 // Dynamic Periods Upper Bound LevelUp = 70 // Lower level LevelDown = 30 // Upper level SD = STD[StdDevPeriod](close) ASD = Average[MAStdDevPeriod,MAStdDevMode](SD) RSIterm = max(1,ROUND(DMIPeriod / (SD/ASD))) RSIterm = Max(Min(RSIterm,DmiUpperLimit),DmiLowerLimit) //RSI calculation plus = summation[RSIterm](close-close[1]>0) minus = summation[RSIterm](close-close[1]<0) //plus pow = 1 per = RSIterm if barindex>per then beta = 0.45*(per-1)/(0.45*(per-1)+2) if pow=1 then alpha = beta elsif pow=2 then alpha = beta*beta elsif pow=3 then alpha = beta*beta*beta elsif pow=4 then alpha = beta*beta*beta*beta elsif pow=5 then alpha = beta*beta*beta*beta*beta else alpha = beta endif tmp0 = (1-alpha)*plus + alpha*tmp0[1] tmp1 = (plus - tmp0[0])*(1-beta) + beta*tmp1[1] tmp2 = tmp0[0] + tmp1[0] tmp3 = (tmp2[0] - tmp4[1])*((1-alpha)*(1-alpha)) + (alpha*alpha)*tmp3[1] tmp4 = tmp4[1] + tmp3[0] avgplus = tmp4 ftmp0 = (1-alpha)*minus + alpha*ftmp0[1] ftmp1 = (minus - ftmp0[0])*(1-beta) + beta*ftmp1[1] ftmp2 = ftmp0[0] + ftmp1[0] ftmp3 = (ftmp2[0] - ftmp4[1])*((1-alpha)*(1-alpha)) + (alpha*alpha)*ftmp3[1] ftmp4 = ftmp4[1] + ftmp3[0] avgminus = ftmp4 endif RS = avgplus/avgminus DMIRSX = 100 - 100 / ( 1 + RS ) return DMIRSX as "Dynamic Momentum Index", levelup style(dottedline) as "level up", leveldown style(dottedline) as "level down"

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  //https://www.prorealcode.com/topic/tushar-chandes-dmi-conversion-code-mq5-to-prorealtime/   StdDevPeriod    =  5        // Period of Standard Deviation MAStdDevPeriod  = 10        // Period of smoothing MAStdDevMode    =  0        // Mode of smoothing MA DMIPeriod       = 15        // Dynamic Momentum Index Period DmiLowerLimit   = 10        // Dynamic Periods Lower Bound DmiUpperLimit   = 50        // Dynamic Periods Upper Bound LevelUp         = 70        // Lower level LevelDown       = 30        // Upper level     SD = STD[StdDevPeriod](close) ASD = Average[MAStdDevPeriod,MAStdDevMode](SD)   RSIterm = max(1,ROUND(DMIPeriod / (SD/ASD))) RSIterm = Max(Min(RSIterm,DmiUpperLimit),DmiLowerLimit)   //RSI calculation plus = summation[RSIterm](close-close[1]>0) minus = summation[RSIterm](close-close[1]<0)   //plus pow = 1 per = RSIterm   if barindex>per then beta = 0.45*(per-1)/(0.45*(per-1)+2) if pow=1 then alpha = beta elsif pow=2 then alpha = beta*beta elsif pow=3 then alpha = beta*beta*beta elsif pow=4 then alpha = beta*beta*beta*beta elsif pow=5 then alpha = beta*beta*beta*beta*beta else alpha = beta endif   tmp0 = (1-alpha)*plus + alpha*tmp0[1] tmp1 = (plus - tmp0[0])*(1-beta) + beta*tmp1[1] tmp2 = tmp0[0] + tmp1[0] tmp3 = (tmp2[0] - tmp4[1])*((1-alpha)*(1-alpha)) + (alpha*alpha)*tmp3[1] tmp4 = tmp4[1] + tmp3[0] avgplus = tmp4   ftmp0 = (1-alpha)*minus + alpha*ftmp0[1] ftmp1 = (minus - ftmp0[0])*(1-beta) + beta*ftmp1[1] ftmp2 = ftmp0[0] + ftmp1[0] ftmp3 = (ftmp2[0] - ftmp4[1])*((1-alpha)*(1-alpha)) + (alpha*alpha)*ftmp3[1] ftmp4 = ftmp4[1] + ftmp3[0] avgminus = ftmp4   endif   RS = avgplus/avgminus DMIRSX = 100 - 100 / ( 1 + RS )   return DMIRSX as "Dynamic Momentum Index", levelup style(dottedline) as "level up", leveldown style(dottedline) as "level down"

   

  

  Nicolas

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  01/17/2018 at 10:13 PM #59749
  Rim

  Thanks for your work. Looks good. There are still missing settings.

  – close

  – open

  – high

  – low
  etc. all the inputs

  

  Rim

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  01/18/2018 at 9:18 AM #59766
  Nicolas

  All the inputs are there … 9 of them. The names are the same in the code, you can compare.

  I just added the “Price to use” in this version:

  //https://www.prorealcode.com/topic/tushar-chandes-dmi-conversion-code-mq5-to-prorealtime/ StdDevPeriod = 5 // Period of Standard Deviation MAStdDevPeriod = 8 // Period of smoothing MAStdDevMode = 0 // Mode of smoothing MA DMIPeriod = 15 // Dynamic Momentum Index Period DmiLowerLimit = 10 // Dynamic Periods Lower Bound DmiUpperLimit = 50 // Dynamic Periods Upper Bound LevelUp = 70 // Lower level LevelDown = 30 // Upper level SD = STD[StdDevPeriod](customclose) ASD = Average[MAStdDevPeriod,MAStdDevMode](SD) RSIterm = max(1,ROUND(DMIPeriod / (SD/ASD))) RSIterm = Max(Min(RSIterm,DmiUpperLimit),DmiLowerLimit) //RSI calculation plus = summation[RSIterm](customclose-customclose[1]>0) minus = summation[RSIterm](customclose-customclose[1]<0) //plus pow = 1 per = RSIterm if barindex>per then beta = 0.45*(per-1)/(0.45*(per-1)+2) if pow=1 then alpha = beta elsif pow=2 then alpha = beta*beta elsif pow=3 then alpha = beta*beta*beta elsif pow=4 then alpha = beta*beta*beta*beta elsif pow=5 then alpha = beta*beta*beta*beta*beta else alpha = beta endif tmp0 = (1-alpha)*plus + alpha*tmp0[1] tmp1 = (plus - tmp0[0])*(1-beta) + beta*tmp1[1] tmp2 = tmp0[0] + tmp1[0] tmp3 = (tmp2[0] - tmp4[1])*((1-alpha)*(1-alpha)) + (alpha*alpha)*tmp3[1] tmp4 = tmp4[1] + tmp3[0] avgplus = tmp4 ftmp0 = (1-alpha)*minus + alpha*ftmp0[1] ftmp1 = (minus - ftmp0[0])*(1-beta) + beta*ftmp1[1] ftmp2 = ftmp0[0] + ftmp1[0] ftmp3 = (ftmp2[0] - ftmp4[1])*((1-alpha)*(1-alpha)) + (alpha*alpha)*ftmp3[1] ftmp4 = ftmp4[1] + ftmp3[0] avgminus = ftmp4 endif RS = avgplus/avgminus DMIRSX = 100 - 100 / ( 1 + RS ) return DMIRSX as "Dynamic Momentum Index", levelup style(dottedline) as "level up", leveldown style(dottedline) as "level down"

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  //https://www.prorealcode.com/topic/tushar-chandes-dmi-conversion-code-mq5-to-prorealtime/   StdDevPeriod    =  5        // Period of Standard Deviation MAStdDevPeriod  =  8        // Period of smoothing MAStdDevMode    =  0        // Mode of smoothing MA DMIPeriod       = 15        // Dynamic Momentum Index Period DmiLowerLimit   = 10        // Dynamic Periods Lower Bound DmiUpperLimit   = 50        // Dynamic Periods Upper Bound LevelUp         = 70        // Lower level LevelDown       = 30        // Upper level     SD = STD[StdDevPeriod](customclose) ASD = Average[MAStdDevPeriod,MAStdDevMode](SD)   RSIterm = max(1,ROUND(DMIPeriod / (SD/ASD))) RSIterm = Max(Min(RSIterm,DmiUpperLimit),DmiLowerLimit)   //RSI calculation plus = summation[RSIterm](customclose-customclose[1]>0) minus = summation[RSIterm](customclose-customclose[1]<0)   //plus pow = 1 per = RSIterm   if barindex>per then beta = 0.45*(per-1)/(0.45*(per-1)+2) if pow=1 then alpha = beta elsif pow=2 then alpha = beta*beta elsif pow=3 then alpha = beta*beta*beta elsif pow=4 then alpha = beta*beta*beta*beta elsif pow=5 then alpha = beta*beta*beta*beta*beta else alpha = beta endif   tmp0 = (1-alpha)*plus + alpha*tmp0[1] tmp1 = (plus - tmp0[0])*(1-beta) + beta*tmp1[1] tmp2 = tmp0[0] + tmp1[0] tmp3 = (tmp2[0] - tmp4[1])*((1-alpha)*(1-alpha)) + (alpha*alpha)*tmp3[1] tmp4 = tmp4[1] + tmp3[0] avgplus = tmp4   ftmp0 = (1-alpha)*minus + alpha*ftmp0[1] ftmp1 = (minus - ftmp0[0])*(1-beta) + beta*ftmp1[1] ftmp2 = ftmp0[0] + ftmp1[0] ftmp3 = (ftmp2[0] - ftmp4[1])*((1-alpha)*(1-alpha)) + (alpha*alpha)*ftmp3[1] ftmp4 = ftmp4[1] + ftmp3[0] avgminus = ftmp4   endif   RS = avgplus/avgminus DMIRSX = 100 - 100 / ( 1 + RS )   return DMIRSX as "Dynamic Momentum Index", levelup style(dottedline) as "level up", leveldown style(dottedline) as "level down"

   

  

  Nicolas

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  01/25/2018 at 8:19 PM #60533
  Rim

  Thanks for your help. I have tried and can do something with it.

  

  Rim

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