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Program 25 (with plots) ADVANCED MultiCharts compatible version

Program 25 (with plots) ADVANCED MultiCharts compatible version workspace (in TradeStation)

Program 25 (with plots) ADVANCED MultiCharts compatible version is a new version of program 25 that has been modified to work with Multicharts 8 with charts and the Market Scanner. It also is fully functional with TradeStation 9.0 and above. The program has the following features:

  • A user input determines whether the candlestick patterns are indicated by text (as in the original program 25) or show-me dots
  • The upper and lower limits for the stochastic filter are now user inputs
  • A new %R filter has been added together with user input upper and lower limits
  • The stochastic and %R filters may be used independently or together
  • Inputs have been created to enable users to change the background colors for cells in RadarScreen or Market Scanner (see the inputs below)

In order to convert the Program 25 (with plots) program to this new program I had to remove the method and token list syntax and replace it.

For a full description of all the candlestick patterns this program looks for, as well as information about using it with RadarScreen see the original program 25 information.

The following video explains and demonstrates the new program:

This UNPROTECTED program (i.e. the TradeStation EasyLanguage show me study) is available for immediate download for $79.95 by clicking the ‘add to cart’ button to pay using credit card or PayPal. The download includes the unprotected functions used by the program: _CheckLastSeveral and _PatternCommentary.

Program 25 ADVANCED MultiCharts compatible version applied to 60 minute TradeStation GBPUSD chart. PlotOrNot = TRUE so we see patterns indicated by ShowMe dots.
Program 25 ADVANCED MultiCharts compatible version applied to 60 minute TradeStation GBPUSD chart. PlotOrNot = FALSE so we see patterns indicated by text.

User inputs

LastBar( 5 ), // If ShowMe study is applied to RadarScreen LastBar is the number of bars to ‘look back’
Length( 14 ), // Input to various Candlestick pattern functions
Percent( 5 ), // Input to various Candlestick pattern functions
Factor( 2 ),  // Input to various Candlestick pattern functions
ADJ( 0.0003 ), // Determines position of text
StochFilter( FALSE ) , // Determines if Stochastic filter is applied
StochHi( 80 ), // Upper limit for Stochastic filter
StochLo( 20 ), // Lower limit for Stochastic filter
PercentRFilter( FALSE ), // Determines if %R filter is applied
PercentHi( 60 ), // Upper limit for %R filter
PercentLo( 40 ), // Lower limit for %R filter
PlotOrNot( TRUE ), // If set to TRUE program will plot show me dots rather than text
Use3WhiteSoldiers( 1 ), // Use this Candlestick pattern (1 = yes, 0 = no)
Use3BlackCrows( 1 ), // Use this Candlestick pattern (1 = yes, 0 = no)
UseBullishHarami( 1 ), // Use this Candlestick pattern (1 = yes, 0 = no)
UseBearishHarami( 1 ), // Use this Candlestick pattern (1 = yes, 0 = no)
UseBullishEngulfing( 1 ), // Use this Candlestick pattern (1 = yes, 0 = no)
UseBearishEngulfing( 1 ), // Use this Candlestick pattern (1 = yes, 0 = no)
UseHammer( 1 ), // Use this Candlestick pattern (1 = yes, 0 = no)
UseHangingMan( 1 ), // Use this Candlestick pattern (1 = yes, 0 = no)
UseMorningDojiStar( 1 ), // Use this Candlestick pattern (1 = yes, 0 = no)
UseEveningDojiStar( 1 ), // Use this Candlestick pattern (1 = yes, 0 = no)
UseMorningStar( 1 ), // Use this Candlestick pattern (1 = yes, 0 = no)
UseEveningStar( 1 ), // Use this Candlestick pattern (1 = yes, 0 = no)
UsePiercingLine( 1 ), // Use this Candlestick pattern (1 = yes, 0 = no)
UseDarkCloud( 1 ), // Use this Candlestick pattern (1 = yes, 0 = no)
UseShootingStar( 1 ), // Use shooting star  (1 = yes, 0 = no)
BackgroundColBull( Green ), // For Radarscreen colors background this color for bullish patterns
BackgroundColBear( Red ), // For Radarscreen colors background this color for bearish patterns
ForegroundColBull( White ), // For Radarscreen colors foreground this color for bullish patterns
ForegroundColBear( Yellow ); // For Radarscreen colors foreground this color for bearish patterns

This UNPROTECTED program (i.e. the TradeStation EasyLanguage show me study) is available for immediate download for $79.95 by clicking the ‘add to cart’ button to pay using credit card or PayPal. The download includes the unprotected functions used by the program: _CheckLastSeveral and _PatternCommentary.

TO THE BEST OF MARKPLEX CORPORATION’S KNOWLEDGE, ALL OF THE INFORMATION ON THIS PAGE IS CORRECT, AND IT IS PROVIDED IN THE HOPE THAT IT WILL BE USEFUL. HOWEVER, MARKPLEX CORPORATION ASSUMES NO LIABILITY FOR ANY DAMAGES, DIRECT OR OTHERWISE, RESULTING FROM THE USE OF THIS INFORMATION AND/OR PROGRAM(S) DESCRIBED, AND NO WARRANTY IS MADE REGARDING ITS ACCURACY OR COMPLETENESS. USE OF THIS INFORMATION AND/OR PROGRAMS DESCRIBED IS AT YOUR OWN RISK.

ANY EASYLANGUAGE OR POWERLANGUAGE TRADING STRATEGIES, SIGNALS, STUDIES, INDICATORS, SHOWME STUDIES, PAINTBAR STUDIES, PROBABILITYMAP STUDIES, ACTIVITYBAR STUDIES, FUNCTIONS (AND PARTS THEREOF) AND ASSOCIATED TECHNIQUES REFERRED TO, INCLUDED IN OR ATTACHED TO THIS TUTORIAL OR PROGRAM DESCRIPTION ARE EXAMPLES ONLY, AND HAVE BEEN INCLUDED SOLELY FOR EDUCATIONAL PURPOSES. MARKPLEX CORPORATION. DOES NOT RECOMMEND THAT YOU USE ANY SUCH TRADING STRATEGIES, SIGNALS, STUDIES, INDICATORS, SHOWME STUDIES, PAINTBAR STUDIES, PROBABILITYMAP STUDIES, ACTIVITYBAR STUDIES, FUNCTIONS (OR ANY PARTS THEREOF) OR TECHNIQUES. THE USE OF ANY SUCH TRADING STRATEGIES, SIGNALS, STUDIES, INDICATORS, SHOWME STUDIES, PAINTBAR STUDIES, PROBABILITYMAP STUDIES, ACTIVITYBAR STUDIES, FUNCTIONS AND TECHNIQUES DOES NOT GUARANTEE THAT YOU WILL MAKE PROFITS, INCREASE PROFITS, OR MINIMIZE LOSSES.