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Strategy Wizard for Coding Indicators
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Strategy Wizard for Coding Indicators
The NT strategy wizard seems to have more features and capabilities than the indicator wizard. Unless one knows programming, the indicator wizard is not really a big help. However, creating a simple strategy requires little knowledge of programming. Can one use the Strategy Wizard to develop indicators and how?
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Thanks Brett,
Well, I know that much already. My question is: Can I use Strategy Wizard to develope an indicator? For example, a strategy that will draw an arrow when two moving averages cross. Having done this, can I convert the strategy code into an indicator that simply when attached to the chart would draw the arrow without having to run the strategy? This is my question.
Thanks
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Originally posted by aligator View PostThanks Brett,
Well, I know that much already. My question is: Can I use Strategy Wizard to develope an indicator? For example, a strategy that will draw an arrow when two moving averages cross. Having done this, can I convert the strategy code into an indicator that simply when attached to the chart would draw the arrow without having to run the strategy? This is my question.
Thanks
In fact, in many cases, I find it the quickest way to get code, when I do not want to dig through the help file. It is a really handy quick and dirty way to get code snippets. Remember that in this case, you are just generating snippets, so the strategy does not even have to make sense. Just generate the action for drawing an arrow after a crossover action, then copy the code by showing it in the editor, with the appropriate button from the wizard screen.
Not all code can be generated this way, and obviously commands specific to strategies only, (for example, those that generate orders), will not work in indicators. If that is the case, the compiler will usually let you know.Last edited by koganam; 04-04-2011, 01:17 AM.
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Interesting thread.
I have thought myself what is the difference.
A question I have is that you can not load a strategy if Chart Trader is active, which is (sort of) understandable but what if you just want to generate signals and trade from the chart manually?
If this is technically possible could there not be a switch to allow.
Thanks
Alan
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Originally posted by saintalan View PostInteresting thread.
I have thought myself what is the difference.
A question I have is that you can not load a strategy if Chart Trader is active, which is (sort of) understandable but what if you just want to generate signals and trade from the chart manually?
If this is technically possible could there not be a switch to allow.
Thanks
AlanLast edited by koganam; 04-04-2011, 11:28 AM.
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