Relative Vigor Index was originally written back in January 2001 using VBScript, with two different sub functions and looping that reference previous bars and get calculated results. NeoTicker have since added new scripting language objects which have improved ease of implementing this kind of calculation.
Continue Reading…
This is an example that shows how to convert the pre-install sample C# project SimpleMovingAverage2VCS and modify it into a C# trading system.
Continue Reading…
This is an updated version of an old write up from May, 2002 of Technical Analysis of Stock and Commodities magazine article.
This revised version take advantage of new features such as compressseries and makeindicatorex objects to improve efficiency and reliability of the system script.
Download
Pairs Trading System (ex_del_pair_sys.pas).
Click on this link: TASC The Quest for Reliable Crossover to download the source in NeoTicker formula language, a May 2008 traders’ tips submission.
Continue Reading…
What is average volume of 3:00 to 3:30 PM, over the pass 10 days?
What is average range of 9:30 AM to 9:45 AM, over the pass 20 days?
These are the questions that traders often ask when doing research on market statistics, in view of this we have created Moving Average by Step that will provide answer to these kind questions easily.
Continue Reading…
I wrote an article on the concept of 3-Day Advance Issues in the Futures magazine – Using market breadth in trading systems, in the January 2008 issue. As oppose to repeating what was written in the article, I will focus on the discretionary aspect of this particularly interesting breadth data.
Continue Reading…
In the article An Introduction to Time Distribution Analysis, I introduced an indicator that can be used to generate reports based on user defined criteria. This indicator is a very good example that illustrate the concepts behind the NeoTicker indicator object model, which is the foundation for writing indicators and trading systems using regular programming languages (Delphi, VB, VC++, VC#, VB.NET, etc.) or one of the supported scripting languages (Delphi Script, VBScript).
(Lawrence – this article requires some basic knowledge in programming with one of the programming languages mentioned above)
Most trading platforms can draw multiple charting styles – bar chart, candlestick, line, square, etc. For the more advanced ones, you can even plot point and figure charts, renko, kagi, momentum bars, volume bars, etc. Of course, NeoTicker can do all these charting styles, with the ability to varies the underlying data series through our superposition technology. The problem is, such charting styles can involves the use of retraction that retracts the bars that are already drawn, due to the fact that the latest price update is not the actual last price print for the underlying data series. For a visual trader, that is not a problem at all, because they already understand that retraction can happen and it is expected. For a system trader, however, that affects the fundamental operation of a trading system because the data series retract. Managed Series is our solution to this issue.
Pivot Points, Floor Trader Pivots, Support / Resistance Levels, etc. are all names for the same set of price levels derived from the previous day, week, or month. They are heavily publicized by financial news channels since the late 1990s as the stock market indices seem to react to these prices magically. I am going to discuss the general usage of this technical analysis technique, and some interesting characteristics that has never been discussed publicly.
Have you ever wish for the moving averages to crossover earlier? I am going to show you a way to detect moving average crossovers before they actually happen.