RE: Beginners Questions
(2018-07-28, 11:53 AM)badcharts Wrote: Hi Guys!
I stumbled on this Mansfield RSI on tradingview.com. It's all good, as long as I stick to that platform. The code is protected.
What I find cool about it, it coded some of the stuff you two are talking about.
Extract from https://www.tradingview.com/v/H6bYp0Zb/Â
"...
BUY & HOLD Conditions (green):Â
1. Mansfield Relative Strength is above the zero lineÂ
2. Price is above the Simple Moving Average (30)Â
3. Simple Moving Average (30) is risingÂ
SELL & HOLD Conditions (red):Â
1. Mansfield Relative Strength is below the zero lineÂ
2. Price is below the Simple Moving Average (30)Â
3. Simple Moving Average (30) is fallingÂ
..."
I would love to have a crack at the code, then start an additonal "dark green" overlay starting when all these additonal conditions are met:
1. Candle close above Ichimoku resistance cloud (for that Stan criteria, no close overhead resistance)
2. First green volume candle with 2x average previous 4 weeks.
Inverse that for a "dark red" overlay when:
1. Candle close below Ichimoku support cloudÂ
2. Do not need volume confirmation for breakdown Stage 4.
That would bring us one step closer to having a strategy/indicator to play out Stan's framework. Note: there is a"pine" script editor on Tradingview, and I Googled some conversion tools to bring those to amibroker.. maybe more tools out there...
Let me know what you think!
Regards,
Patrick
thanks Patrick, yes I noticed the indicator on those colourful charts of yours!. I also liked the easy to see mansfield along with the slope
I would like to do the same with prorealtime/amibroker. I have the basics of the stages, so it shouldn't be too difficult in theory
how do you incorporate the cloud into your analysis however?
do you say a stage 4 is below the cloud, stage 2 above ie is that a condition for entry? I know ISA "lovingly" uses the ichi cloudÂ
