IB Study Expanded
Companion chart to Extracting Market Data Lesson 2: Initial Balance Multiple Study Expanded
Companion chart to Extracting Market Data Lesson 2: Initial Balance Multiple Study Expanded
The Trading Rule Indicator operating inside a chart tests a user-specified trading signal. When the trading signal fires true, the trading rule indicator executes a user-specified trading order.
This video demonstrates how to mix periodicities in signals using MPD (Mixed Periodicity Data Indicator). In the specific example used in this video, a signal showing the moving average crossover on a 5-minute data was displayed on a 1-minute chart.
These tokens allow you to test for the day of the month (DAYM) or the month of the year (MONTH) in scans, signals, and custom indicators. DAYM evaluates to the day number in the range 1 to 31. MONTH yields a value 1 to 12. The DAY token yields a number 0 to 6 representing the day of the week (0 = Sunday, 1 = Monday, etc.).
The expressive power and ease of use of the RTL language has been improved substantially in Version 4.5 by the capability of referencing other scans, trading signals, and custom indicators when formulating an RTL expression for a scan or trading signal. New tokens have been introduced into RTL to enable the user to embed an existing scan (token SCAN), custom indicator (token CI), or trading signal (token SIGNAL) into the RTL expression. Multiple SCAN, CI, and SIGNAL tokens can be incorporated into a scan or trading signal just like multiple moving average (MA) tokens.
This video demonstrates the differences between Signals, Custom Indicators, Scans, and Signal Actions.
This video demonstrates how to add signals to charts which identify new highs and new lows for the day.
User Submitted: by Brian Haviland
To configure your Investor/RT to receive Signal feed: