Home
    Product
    Support
    Purchase
    Company

Advanced trading software: technical analysis and neural networks

Empowering wise traders

Support Center
Publications
Tradecision FAQs
Improvian Consulting
Contact Support Team
Knowledgebase
Collection of Indicators
Custom Indicators
Custom Studies
TASC Traders' Tips
Active Trader Strategies
Golden Trading Rules
Traderís Quiz

Custom Indicators
Name: Adaptive Price Zone
Description:

Lee Leibfarth’s article, “Trading With An Adaptive Price Zone”, introduces a new technique for analyzing price action and finding key reversal points in the markets in order to point out valuable trading opportunities.

Tradecision requires two separate indicators to implement the idea presented in the article. 
By using Indicator Builder, one can create the Adaptive Price Zone Lower Band and Adaptive Price Zone Upper Band indicators.

The following is the code for the above indicators.
 

Adaptive Price Zone Lower Band

Input
     Price:  "Price", Close;
     Period: "Period", 20;
     BandPc: "Band Percent", 2;
End_input

Var
  Per := SquareRoot(Period); { Adaptive period }
  Pr  := Ema( Ema( Price, Per), Per);
  HL  := Ema( Ema( H-L, Per), Per);
End_var

return Pr – BandPc * HL;

Adaptive Price Zone Upper Band

Input
     Price:  "Price", Close;
     Period: "Period", 20;
     BandPc: "Band Percent", 2;
End_input

Var
  Per := SquareRoot(Period); { Adaptive period }
  Pr  := Ema( Ema( Price, Per), Per);
  HL  := Ema( Ema( H-L, Per), Per);
End_var

return Pr + BandPc * HL;

Function Name:


AdaptivePriceZoneLowerBand ()

AdaptivePriceZoneUpperBand ()



Download to import into Tradecision.

How to use this indicator in Tradecision:
  1. Click Download.
  2. Save this indicator in a safe location on your hard drive.
  3. Open Tradecision and in the Tools menu click Indicator Builder.
  4. In the Indicator Builder dialog, click Import, locate the saved file and then click OK.
The indicator will be added to the Custom Indicators list.
 
Trading With An Adaptive Price Zone
Tradecision Reviews
Video Tours
Ask a question

Site Map   |   Terms of Use   |   Privacy Policy   |   Risk Warning
Forex, equities or futures trading involves substantial risk of loss and is not suitable for all investors.
Copyright © 2001-2017 Alyuda Research, LLC.  All rights reserved