Fchart Formula

rhimadri · #61 25th April 2008, 04:57 PM

Quote:

Originally Posted by slah04

Thanks. Regarding the second setup for Buy i.e. Close above c2_high, can this be put in Condition 4?
Similarly can Condition 3 be used for the second setup for Sell, i.e. Close below c1_low?

If C2_high is made today then logically close can not be greater than high and that's why you can not write formula based on C2_high or C1_low in condition 4 & 3. That means the formula should read previous C2_high or previous C1_low but Fchart can not read the formula. I have already written to Simon of Fchart to include syntax previous C2 and previous C1 so that various trading platform can be made in condition 3 & condition 4 based on formulas in condition 1 and condition 2. Hope the same is clear to you. In the meantime I would request you to send a mail to simon to include the above syntax immediately.

Cheers

Himadri

slah04 · #62 26th April 2008, 09:00 PM

Thks again. Sure, I will email to Simon regarding this matter.

Sanjib

santoshdts · #63 2nd May 2008, 09:48 PM

Dear Himadri Jii..

Iam Using FCharts SE, Can you please refer any formula using EMA and VOLS or using any other indicator to detect the change in short term trend

ThanX and Regards

Santosh

rhimadri · #64 3rd May 2008, 01:41 PM

Quote:

Originally Posted by santoshdts

Dear Himadri Jii..

Iam Using FCharts SE, Can you please refer any formula using EMA and VOLS or using any other indicator to detect the change in short term trend

ThanX and Regards

Santosh

Dear Santosh,

In Fchart SE, you may use MACD formula details of which is explained in the following thread :-

http://www.traderji.com/f-chart/1895...l-signals.html

You may also experiment with the following formulas for short term trading:-

Condition 1 : RSI > RSI[1] AND RSI > MARSI AND VOL > MAVOL

Condition 2 : RSI < RSI[1] AND RSI < MARSI AND VOL > MAVOL

(Preferable RSI scale settings : Oversold = 20, Overbought = 80 , RSI Period = 14 and select Average RSI.)

Condition 1 : EMA1 > EMA2 AND EMA1[1] < EMA2[1]

Condition 2 : EMA1 < EMA2 AND EMA1[1] > EMA2[1]

Cheers

Himadri

renu daga · #65 5th May 2008, 04:28 PM

hello sir,,
rhimadri,,
need ur help in conevrting a fchart formula,,,in metastock ,, if its possible by u,,,kindly reply me back,,,,since ur pm is disabled,,,so if possible enbale it

renu

rhimadri · #66 5th May 2008, 04:55 PM

Quote:

Originally Posted by renu daga

hello sir,,
rhimadri,,
need ur help in conevrting a fchart formula,,,in metastock ,, if its possible by u,,,kindly reply me back,,,,since ur pm is disabled,,,so if possible enbale it

renu

Dear Renu,

I have enabled PM. You can send your queries in the mail box.

Himadri

mcid28a · #67 6th May 2008, 11:40 AM

I use FCharts SE.

Will anyone please suggest improvements for the following formula;

Condition 1
(macdline >= p macdline and ema2 >= p ema2 and ema1 >= p ema1 and ema3 >= p ema3)

Condition 2
formula - Sell with long term view
(macdline <= p macdline and ema2 <= p ema2 and ema1 <= p ema1)

Thanks in advance

MCID28A

rhimadri · #68 6th May 2008, 06:45 PM

Quote:

Originally Posted by mcid28a

I use FCharts SE.

Will anyone please suggest improvements for the following formula;

Condition 1
(macdline >= p macdline and ema2 >= p ema2 and ema1 >= p ema1 and ema3 >= p ema3)

Condition 2
formula - Sell with long term view
(macdline <= p macdline and ema2 <= p ema2 and ema1 <= p ema1)

Thanks in advance

MCID28A

You may modify the formula as follows and find the results :-

Condition 1 : macdline > macdsignal and macdline[1] < macdsignal[1] and ema2 > p ema2 and ema1 > p ema1 and ema3 > p ema3

Condition 2 : macdline < macdsignal and macdline[1] > macdsignal[1] and ema2 < p ema2 and ema1 < p ema1 and ema3 < p ema3

Cheers

Himadri

mcid28a · #69 7th May 2008, 10:45 AM

Thanks a lot sir.

mcid28a

mrjitender · #70 8th May 2008, 04:37 PM

Quote:

Originally Posted by rhimadri

I already explained that Fchart Free version has limited indicator / oscillators based on which formulas are developed. However please go through the following link to have some idea on development of formula for Fchart Se :-

http://www.traderji.com/f-chart/1895...l-signals.html

For short term / swing trading / intraday you may experiment with the following set of fomulas and try to find out which suits your requirement. In the mean time if you have some strategy based on available indicators / oscillators in Fchart SE, you may write in details, so that I can develop the same.

For intraday:

Condition (1) EMA C, 5 > EMA O, 6

Condition (2) EMA C, 5 < EMA O, 6

For short term / swing trading:-

Condition (1) : ( O + H + L + C ) / 4 > EMA 1 / 4 * (P O + P H + P L + P C), 4

Condition (2) : ( O + H + L + C ) / 4 < EMA 1 / 4 * (P O + P H + P L + P C), 4

Note : Indicator Settings: EMA 1 = 9, EMA2, 12 AND EMA3 = 26
-----------

Condition (1) : C > O AND SMA C, 5 > SMA C, 20

Condition (2) : SMA C, 5 < SMA C, 20

Cheers

Himadri

Dear Sir,

I have one formula in my mind as below.

ADX = 14 Periods
Fast Stochastics = 8 Periods
Buy = IF (ADX > 35 And +DI > -DI And %K < 40% ) Then Buy on Next Day's High Level
Sell = IF CLOSE < Previous Day's Low Then Sell at Close Price
Short = IF (ADX > 35 And -DI > +DI And %K > 60%) Then Short on Next Day's Low Level
Cover = IF Close > Previous Day's High Then Cover at Close Price

Please convert it as fcharts formula. I shall be very thankful to you. I will be very happy to get any other suggestion in this formula for improvement.

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