Hi, is there any way to add indicators to a plot of open equity based on the plot1(i_openequity) function in MultiCharts? I'm looking to add a moving average and RSI to the open equity chart.
Thanks a lot in advance.
Adding Indicator to Open Equity Plot
-
- Posts: 7
- Joined: 16 Mar 2012
- Has thanked: 2 times
- JoshM
- Posts: 2195
- Joined: 20 May 2011
- Location: The Netherlands
- Has thanked: 1544 times
- Been thanked: 1565 times
- Contact:
Re: Adding Indicator to Open Equity Plot
It can be done, but it wouldn't be very useful since the RSI values range from 0-100, and I assume your open equity is higher. A better idea might be to make two open equity charts: one for the RSI, and one with the open equity and it's MA.Hi, is there any way to add indicators to a plot of open equity based on the plot1(i_openequity) function in MultiCharts? I'm looking to add a moving average and RSI to the open equity chart.
The code below plots all three in one panel:
Code: Select all
Inputs:
MALength(20),
RSILength(14);
Variables:
stratEquity(0), maValue(0), rsiValue(0);
stratEquity = i_OpenEquity;
maValue = Average(stratEquity, MALength);
rsiValue = RSI(stratEquity, RSILength);
Plot1(stratEquity, "OpenEquity");
Plot2(maValue, "MA");
Plot3(rsiValue, "RSI");
-
- Posts: 7
- Joined: 16 Mar 2012
- Has thanked: 2 times