Add levels for Simple Moving Average

PanagiotisCharalampous
19 Sep 2019, 11:10

Hi beej.sanchez,

There is no such feature in cTrader but you can easily achieve this with a custom indicator. See below an example

using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

namespace cAlgo
{
    [Indicator(IsOverlay = true, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class NewIndicator : Indicator
    {
        [Parameter(DefaultValue = 14)]
        public int Periods { get; set; }

        [Parameter(DefaultValue = 5)]
        public double Level { get; set; }

        [Output("Main")]
        public IndicatorDataSeries MA { get; set; }

        [Output("Leven Up")]
        public IndicatorDataSeries LevelUp { get; set; }

        [Output("Leven Down")]
        public IndicatorDataSeries LevelDown { get; set; }

        SimpleMovingAverage _sma;
        protected override void Initialize()
        {
            _sma = Indicators.SimpleMovingAverage(MarketSeries.Close, Periods);
        }

        public override void Calculate(int index)
        {
            // Calculate value at specified index
            MA[index] = _sma.Result[index];
            LevelUp[index] = _sma.Result[index] + Symbol.PipSize * Level;
            LevelDown[index] = _sma.Result[index] - Symbol.PipSize * Level;
        }
    }
}

Best Regards,

Panagiotis

beej.sanchez
19 Sep 2019, 11:33 ( Updated at: 21 Dec 2023, 09:21 )

RE:

WOW. thank you for your help!

Usong cTrader, I set the indicator to 200 SMA, then 5 as the level. I am assuming this is the same with what Ive done with MT4, 200 SMA, add 50 & -50 Level

The photo below shows the result. 

Panagiotis Charalampous said:

Hi beej.sanchez,

There is no such feature in cTrader but you can easily achieve this with a custom indicator. See below an example

using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

namespace cAlgo
{
    [Indicator(IsOverlay = true, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class NewIndicator : Indicator
    {
        [Parameter(DefaultValue = 14)]
        public int Periods { get; set; }

        [Parameter(DefaultValue = 5)]
        public double Level { get; set; }

        [Output("Main")]
        public IndicatorDataSeries MA { get; set; }

        [Output("Leven Up")]
        public IndicatorDataSeries LevelUp { get; set; }

        [Output("Leven Down")]
        public IndicatorDataSeries LevelDown { get; set; }

        SimpleMovingAverage _sma;
        protected override void Initialize()
        {
            _sma = Indicators.SimpleMovingAverage(MarketSeries.Close, Periods);
        }

        public override void Calculate(int index)
        {
            // Calculate value at specified index
            MA[index] = _sma.Result[index];
            LevelUp[index] = _sma.Result[index] + Symbol.PipSize * Level;
            LevelDown[index] = _sma.Result[index] - Symbol.PipSize * Level;
        }
    }
}

Best Regards,

Panagiotis

PanagiotisCharalampous
19 Sep 2019, 11:45

Hi beej.sanchez,

I used pips but it seems that MT4 uses points. It can be easily modified if you wish.

Best Regards,

Panagiotis

beej.sanchez
19 Sep 2019, 12:20

RE:

Can you please show me also the formula for points?

Panagiotis Charalampous said:

Hi beej.sanchez,

I used pips but it seems that MT4 uses points. It can be easily modified if you wish.

Best Regards,

Panagiotis

PanagiotisCharalampous
19 Sep 2019, 12:33

Here it is

using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

namespace cAlgo
{
    [Indicator(IsOverlay = true, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class NewIndicator : Indicator
    {
        [Parameter(DefaultValue = 14)]
        public int Periods { get; set; }

        [Parameter(DefaultValue = 50)]
        public double Level { get; set; }

        [Output("Main")]
        public IndicatorDataSeries MA { get; set; }

        [Output("Leven Up")]
        public IndicatorDataSeries LevelUp { get; set; }

        [Output("Leven Down")]
        public IndicatorDataSeries LevelDown { get; set; }

        SimpleMovingAverage _sma;
        protected override void Initialize()
        {
            _sma = Indicators.SimpleMovingAverage(MarketSeries.Close, Periods);
        }

        public override void Calculate(int index)
        {
            // Calculate value at specified index
            MA[index] = _sma.Result[index];
            LevelUp[index] = _sma.Result[index] + Symbol.TickSize * Level;
            LevelDown[index] = _sma.Result[index] - Symbol.TickSize * Level;
        }
    }
}

beej.sanchez
19 Sep 2019, 13:17

RE:

Thank you very Much!

Panagiotis Charalampous said:

Here it is

using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

namespace cAlgo
{
    [Indicator(IsOverlay = true, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class NewIndicator : Indicator
    {
        [Parameter(DefaultValue = 14)]
        public int Periods { get; set; }

        [Parameter(DefaultValue = 50)]
        public double Level { get; set; }

        [Output("Main")]
        public IndicatorDataSeries MA { get; set; }

        [Output("Leven Up")]
        public IndicatorDataSeries LevelUp { get; set; }

        [Output("Leven Down")]
        public IndicatorDataSeries LevelDown { get; set; }

        SimpleMovingAverage _sma;
        protected override void Initialize()
        {
            _sma = Indicators.SimpleMovingAverage(MarketSeries.Close, Periods);
        }

        public override void Calculate(int index)
        {
            // Calculate value at specified index
            MA[index] = _sma.Result[index];
            LevelUp[index] = _sma.Result[index] + Symbol.TickSize * Level;
            LevelDown[index] = _sma.Result[index] - Symbol.TickSize * Level;
        }
    }
}

 

beej.sanchez
19 Sep 2019, 16:02

Hello Panagiotis Charalampous

Can you please direct me to the proper channel regarding my concern which is I have a Mt4 indicator that needs to be converted to cTrader and possible remove the errors. Thanks

PanagiotisCharalampous
19 Sep 2019, 16:14

Hi beej.sanchez,

You can get in touch with a Consultant. 

Best Regards,

Panagiotis

beej.sanchez
19 Sep 2019, 20:27

THANKS!