+1 888 340 6572 
Home/ Support/ Knowledgebase

Knowledgebase

The Knowledgebase and Wiki are a collection of helpful resources for MultiCharts Trading Platform customers.

You can search the base by section, by keyword(s) or both. Select a section from the pulldown menu at the left and enter a keyword or keywords separated by spaces and click "Search". You can also select a section and view every article in it. To do this leave the keyword field blank. The results of your search will be displayed in this frame.
Search in     for   




Weekly S&P System [Strategies]

Article/Author: "A Weekly S&P Trading System"
Adam White, Stocks&Commodities magazine, 06/1995

Download: weeklysp.ela

File Includes: Signal - Weekly S&P System
Function - LowRetr
Function - TAI

Category: Strategy > Weekly S&P System

Description: As described in Stock&Commodities magazine.

Signal ELA Code:

INPUTS:	X(5), N(13), PERVAL(0.5), TAIVAL(1.2);

IF HIGH > HIGHEST(HIGH,X)[1] AND LOWEST(LOW,X) > LOWEST(LOW,N) THEN BUY NEXT BAR AT MARKET;
IF LOWRETR > PERVAL AND TAI < TAIVAL THEN EXITLONG THIS BAR ON CLOSE;


Function LowRetr ELA Code:
LOWRETR= (HIGHEST(LOW,13) - LOW) /LOW;


Function TAI ELA Code:
TAI=(HIGHEST(AVERAGE(CLOSE,26),5) - LOWEST(AVERAGE(CLOSE,26),5)) / CLOSE * 100;
Contact Support
Discussion Forum
Project Management
Online Help & Wiki
Video Tutorials
Blog