video not played or not found error
click on direct switch
Hosted by Dailymotion. For legal issues: Copyright Center · DMC · Instant Removal
Tutorial 173 (Markplex Supertrend) for Radarscreen | TradeStation EasyLanguage tutorials
Description
Tutorial 173 uses the exponential moving average as part of its calculation. If you open the XAverage function, you will see the calculation is:
XAverage = XAverage[1] + SmoothingFactor * ( Price - XAverage[1] );
In other words, the exponential moving average for the current bar is equal to the exponential moving average for the previous bar plus the difference between the price of the current bar and the exponential moving average of the previous bar, multiplied by a smoothing factor.
TradeStation recommend that the number of additional bars is equal to 4.5 multiplied by the Length input. In this video I estimated this to be 50.
See https://markplex.com/free-tutorials/tradestation-easylanguage-quicktips/quick-tip-5-indicator-works-fine-chart-not-radarscreen/
and
https://markplex.com/free-tutorials/tutorial-173-markplex-supertrend/
More from User
Program 90 | Finding extreme oscillator 'hooks'
Markplex
Tutorial216
Markplex
Tutorial217
Markplex
Tutorial 215 | Alert when MACD crosses a line drawn on chart
Markplex
Tutorial 214 | Draw a rectangle between the high and low of the week
Markplex
Tutorial 212 | Draw a rectangle on a chart each day between the high and low of the PREVIOUS day
Markplex
Related Videos
Tutorial 183 | Controlling background color in RadarScreen | TradeStation EasyLanguage tutorials
Markplex
Quick-tip 86 | Basic TradeStation RadarScreen screener | EasyLanguage tutorials and programs
Markplex
Quick-tip 88 | DateTime behavior | TradeStation EasyLanguage tutorials and programs
Markplex
QuickTip 74 | Finding the highest pivot on a chart | TradeStation EasyLanguage tutorials
Markplex
Tutorial 205 | How to convert tutorial 23 (line break) and tutorial 173 (supertrend) into functions
Markplex
Tutorial 193 | Activity Bars | TradeStation EasyLanguage tutorials and programs
Markplex