Buy IndicatorThis item was created by bug man on July 21, 2009. Buy Indicator is a Trading Indicator. The implementation of this Technical Analysis method demanded 34 lines of code. The trading indicator is called 'buy_indicator' and it is coded using JScript programming language. It gets 3 parameters. The different variables are: indicator (Type: Number - Default Value: rsi(14) > 50): Indicator to test nbars (Type: Number - Default Value: 10): NBars stop lookback (Type: Number - Default Value: 300): Lookback period Example: p = buy_indicator(rsi(14) > 50, 10, 300); Formula to show the trading indicator on a chart: Plot(buy_indicator(rsi(14) > 50, 10, 300), "Buy Indicator", colorRed); Future and Past Bars: The trading indicator has no look-ahead bias. It requires 0 previous bars. Click on this link to download Buy Indicator Search terms used to find this trading item include buy indicator, buy value indicator, charting software, indicator search, buy bar indicator, share when buy indicators The trading object is saved under the following categories: Technical Analysis Trading Indicators: Drawdown: Long and Short |
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