PriceChannel Signal indicator
The PriceChannel Signal (PCS) is an update of a standard “PriceChannel” indicator of PTMC Platform. Its feature is to display places for enter into market.
Signals. The large red/blue circle is a signal for open sell/buy position. The small red/blue circle is a signal for re-enter into market.
Also, PCS has an “Alert mode” which can be enabled/disabled in “Parameters”.
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BeardPower 28.02.2017
Very nice!
Fit's perfectly with Renko bars and the alert adds some real value.
Thanks!
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Prokaziuk Mikhail 28.02.2017
Hello BeardPower!
Thanks for your feedback and you're welcome) -
BeardPower 01.03.2017
I added the indicator line printing to the indicator.
Is there a reason you disabled the indicator lines? -
rs_trader17 01.03.2017
hi beardpower
you can share the version with lines ?
can be replaced ellipse by arrows too?
tks a lot
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Prokaziuk Mikhail 01.03.2017
Hello, BeardPower.
The reason is that I don't use "SetValue()" method (I draw ellipses in the OnPaintChart) and that's why values of indicator line is always 0.0.I disabled it and zero is not displayed.
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rs_trader17 01.03.2017
Hi Prokaziuk
Please, can you do the replacement of the ellipse by arrows?
Congratulations on the excellent work.
thank you -
BeardPower 01.03.2017
Hi, rs_trader17,
Unfortunately I can't reply to you directly above or delete my comment. Seems to be a bug.
Sure, I can and will share and add different styles including arrows to it.
I hope I can implement it in the evening (UTC 20:00).You're welcome!
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Prokaziuk Mikhail 01.03.2017
I think, it will be great if you can add new features to this indicator. Each member can create, upgrade and post here the unique indicator/plugin/strategies. Let's build our community together !
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BeardPower 02.03.2017
The reason is that I don't use "SetValue()" method (I draw ellipses in the OnPaintChart) and that's why values of indicator line is always 0.0.
Yeah, but I wanted to know why you did not use SetValue? I assume you did not have a need for it?
Absolutely!
And milk the market a little ;-)
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rs_trader17 01.03.2017
tks a lot
i will wait for the new versions
if i have some idea to make the tool better, i promise tell you
a great hug to you
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BeardPower 02.03.2017
As requested. Sorry, it took so long. I was fiddling around with brushes :)
Here we go. Have fun.
Stylized PriceChannel Signal indicator -
Prokaziuk Mikhail 02.03.2017
The main idea is to display places for the enter and re-enter into the market. And that is why I decided to print only ellipse. This is only one of many kind of implementation.
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BeardPower 02.03.2017
Makes sense. If it works for you, great!
As I'm a Forker and Renko user (and more of a chartist), I'm utilizing various visual lines. So having these on my chart is really nice.
Fortunately there are nice people, like you, around here, providing Open Source indicators, which makes adapting those to personal needs a hassle free experience :)
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rs_trader17 02.03.2017
you know halftrend indicator?
can be a great alternative for us
is possible convert halftrend for we use in ProTrader?
tks a lot
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BeardPower 02.03.2017
you know halftrend indicator?
No I don't.
can be a great alternative for us
For other traders, for sure. Well, maybe even for me ;-)
What are it's pros and cons?I don't know much of these fancy stuff, as I'm not using many lagging indicators (even none), but leading indicators like Median Lines, Action Reaction lines or Fib- tools.
Besides that, I'm using Ichimoku, which is also a leading indicator. It does not need any additional indicators, as its parts are indicators itself and it is also a complete trend trading system.
is possible convert halftrend for we use in ProTrader?
Do you mean if it's possible per se or, if someone can port it?
Answer to the former: Everything is just about data transformation (input -> apply data transformation -> output), so yes.
Answer to the latter: I will look into the indicator. but at the moment I'm a little short on time. It should not be a big deal, as it comes with source code.tks a lot
You're welcome!
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rs_trader17 02.03.2017
hi, i can send the code for you
you can share with me your email address?
you have some email or facebook contact, maybe skype too
tks a lot
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BeardPower 04.03.2017
you have some email or facebook contact, maybe skype too
Have to work something out :)
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rs_trader17 03.03.2017
beard, these 2 codes are the best codes to me
these 2 indis are very good for trends, and for run of flat markets because we can use smoothness change some value parameters
if you have skype or facebook contact, please, post here
tks a lot
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BeardPower 04.03.2017
beard, these 2 codes are the best codes to me
these 2 indis are very good for trends, and for run of flat markets because we can use smoothness change some value parametersYes, they work quite well. If it works for you, great.
I guess you are not a Renko trader, but there is no need for such indicators. if you trade with Renkos. They are not time based and they take out the noise on the chart. You will get very smooth trends, spotting double tops/bottoms and ranges is easy. Signals are very clear. Especially if combined with Ichimuko and/or Median lines. They hide some market structure, tho.
Sorry, I forgot to answer your question regarding Skype etc.I had some issues with it and have to fix them; create a new account or something like that.
Regarding FaceBook: I'm not using it at all. If it comes to chat- programs/communication, I'm using software, which supports end-to-end encryption like Silc, WhatsApp or Threema.
I'm used to use IRC or even ICQ ;-)
I'm very cautious, when giving out contacts like e-mail addresses and stuff like mentioned above, but I will work something out.
Thank you for your understanding. -
rs_trader17 05.03.2017
ok, no problem. if you can code these 2 indis, make the convertion to protrader, can be a good opportunity for us.
when you post the codes, please tell me
or, you can send the code to me, or post the code in my dropbox
i can add you in my dropbox account, or you can post the codes in your dropbox or megasync account, and send the links to me
tks a lot
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BeardPower 05.03.2017
ok, no problem. if you can code these 2 indis, make the convertion to protrader, can be a good opportunity for us.
I finished the Half- Trend indicator, but doing some polishing (adding alerts and testing some stuff für a bot).
I also implemented it for cAlgo (cTrader) for my "signal service"/cBot, but unfortunately there is some bug with that platform, and I have to iron out some things to make my porting work more comfortable.when you post the codes, please tell me
or, you can send the code to me, or post the code in my dropboxi can add you in my dropbox account, or you can post the codes in your dropbox or megasync account, and send the links to meThese are nice options, yes, but I think I will just add the indicator here. There also will be a PTMC market place here soon.
tks a lot
You're welcome.
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BeardPower 07.03.2017
Just a small head sup.
I had a little time and I'm testing it on Renko charts and various other chart types, to make sure it works correctly.
Expect it to be released today at around 2000-2200 UTC.
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rs_trader17 07.03.2017
great beard, tks a lot
i will wait for the tools
if i have some other good ideas, i will send here ok
tks again
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BeardPower 07.03.2017
if i have some other good ideas, i will send here ok
Sure. Are you trading on a live account (are you profitable)?
I have some idea for a profit manager with visual trailing stop and other features, but have to figure out, if PTMC allows to draw stuff from a strategy or manipulate indicator data, which are added to the chart. -
rs_trader17 07.03.2017
in real not yet. but i desire quickly
your idea is very good, can results very well
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BeardPower 07.03.2017
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BeardPower 07.03.2017
Works for me.
Just go to the indicator section in the Codebase.
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BeardPower 07.03.2017
My pleasure.
Unfortunately there is no preview picture, and I did not found out how to add one.
I think we should discuss about in it's own comment section and not clutter up this one :)
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rs_trader17 07.03.2017
i have 3 others indis, great tools
i can share code for you make conversions
trendmd will be converted too?
we can discuss our strategies and ideas in some other post
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BeardPower 07.03.2017
i have 3 others indis, great tools
It seems you like to have a big arsenal of indicators :)
trendmd will be converted too?
When I have the time, yes. I'm a little short on that. I will try to use the API of PTMC, so users can also see how to use that.
For porting the HT indicator, I rewrote it without the API. Have to see if it's compatible with the functions used in trendmd.Additionally I need some cTrader ECN functionality in PTMC ;-).
we can discuss our strategies and ideas in some other post
Yes, we should definitely discuss this in another thread, where people can share their ideas or anything else.
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Bogdan Alexey 07.03.2017
Hi rs_trader17. We have a dedicated team that working on filling our codebase, so if you interested they can write/convert any indicator.
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rs_trader17 08.03.2017
bogdan alexsey, i agree
you have some personal contact, like skype, or email?
i can share my codes with you
you can convert 4 or 5 codes to me?
tks a lot
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BeardPower 08.03.2017
you have some personal contact, like skype, or email?
Send me your contacts in a PM and I will add you.