Custom Indicator Avg Tick count

Login or Register

Please login or register in order to view and post in the Forum.

3 posts / 0 new
Last post
DinaMax
Last seen: 2 months 3 days ago
Joined: 12/28/2022 - 12:40
Custom Indicator Avg Tick count

I would like to count the number of a ticks(how far it moves) after a trigger from a RTX signal until the next RTX signal triggers a reversal. I would also like an average over X instances. any guidance and what tokens to use would be appreciated.

0
marcns
Last seen: 3 days 9 hours ago
Joined: 12/30/2021 - 10:46
Custom Indicator / Signal Statistics

If you have already created a signal you can use the signal statistics feature to find this information.

Right-click chart > Add > Technical indicator > Signal statistics

Then select the signal you have already created, under the signal statistics options you can now select "price at n signals ago" or "price at last signal".

If you wanted to find the price difference between the last 2 signals then you can open up a custom indicator and create 2 SSTAT tokens (signal statistic) and using the "price n bars ago result" you can configure SSTAT_a to 1 signal ago and SSTAT_b to 2 signals ago. Now you can return the difference in the custom indicator simply with the following RTL code:

(SSTAT_a - SSTAT_b)

DinaMax
Last seen: 2 months 3 days ago
Joined: 12/28/2022 - 12:40
thanks! I'll give that a try

thanks! I'll give that a try