bump.
I’m a new CT user and just looked for VIX in the indicators and could not find. Am I missing something?
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I like this idea too. Time slicing varies so much it’s hard to know if the bars you are seeing match the bars that others are seeing. A lot of day traders make decisions that could vary based on how the ticker is summarized. I’m no expert at this but I think you’d need to show ticker info:
Price type - Bid, Ask, Trade, Size Change
Tick - up or down
Price
Size
Time
Exchange
I’m assuming the feed that drives CT is something like this already? Maybe just exposing what is flowing in as indicators for opening/adding to/closing trades. Buffering them so that you can look back would help too (like price(5) would be price 5 ticks ago).
If I’m way off just ignore.
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On 8/20/08 roseiz requested the addition of VWAP as an indicator per below:
VWAP
Hi,
VWAP (Volume Weighted Av Price) as an intraday indicator is valuable.
When crossed above/below by certain EMA’s its providing a powerful buy/sell signal.
Thanks,
ROSEIZ
I would like to request it again. Perhaps it got overlooked.
KM
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Any chance that net asset value could be added to trade closed end funds.
thanks
|
Any chance that net asset value could be added to trade closed end funds.
thanks
|
Hi,
Is there any possibility of adding intraday Keltner Channels to the indicator list? Bollinger Bands already exists, so its a slight change of formula to get the Keltners.
Will be much appreciated!
Thanks!
-Nick
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It appears that there may not be any intraday indicators in CT that provide volume data other than total accumulated volume thruought the day.
Something like your other intraday indicators (i.e., intraday volume(x,y,z)) would be great as would "volume one minute ago", "volume two minutes ago", etc. like you have for price.
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I agree, Intraday and Dynamic Volume indicators would be very useful.
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Need and indicator that returns the (Open+Low)/2
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+1
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Intraday Directional Movement Index
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It seems like the stochastic indicator uses a period of a day. There needs to be a way to change this period. A 3min or 5min period option would be great.
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Daily indicators are required for Watch List rules (tab2).
However, for the Open Positions Rules (tab3), Add to Position Rules (tab4) and Exit Rules (tab5), you can use the indicators labeled "INTRADAY".
These all use minute bars
Intraday Stochastic RawK (5, 14, 0)
Intraday Stochastic SlowD (5, 14, 3, 1, 0)
Intraday Stochastic FastD (5, 14, 1, 0)
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Thanks. I guess I was hoping I could use intraday indicators to create my watchlist. I guess this is not possible in cooltrade.
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I’ve just started using cooltrade and have run across one major issue that am wondering if it will be resolved in future rev’s.
I’d like to have the ability to create a watchlist of for example ’all stocks that are down greater than 5% today’ I would then like to have the ability to use the stochastic to trade in and out of these stocks. This does not seem possible on CT at this time. I am able to get alerts for these stocks using Etrade’s scanner but would like to automate trading on CT somehow. Any future plans for this in the future?
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Nice request!
If cooltrade gives us that ability, I would certainly use it.
Enlightened
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Count me in. I agree building the watch list with intraday information would be a plus.
But please do not make it available to etrade users only.
There are a lot of us running with different brokers.
I will say though that even without that ability, I can build a watch list full of stocks that dropped 5% on the previous day and then my open position rules only open the ones that are still down on the current day but are between 1% and 2% above the current day’s low.
Ed always talks about buying at the bottom of the sin wave just as it starts up, and the above rules have that affect.
Hedge
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This is a terrific idea. i actually talked to Ed about this a while back and they are planning to move in that direction. Relying on a scanner that sends you an alert when a stock fills your criteria would become obsolete if you were to have an autotrader that does it all, scans for only the stocks that are moving on the current day, and then executes the trade. It would seem to me to be the next logical step forward for Cool-Trade.
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Pamela is right. CoolTrade is planning on giving the ability for the automated traders to receive intraday alerts to add symbols to the watch list based on intraday indicators.
At this time though, I cannot put a date on when that will be available, but be assured it will be coming.
CT
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Hi Ed,
Can an (Intraday S&P 500 and nasdaq Stochastic) an (Intraday S&P 500 /nasdaq MACD be added) I think these indicators will help when opening new positions in a short term trades, it will be used to get an overall market direction.
Let know what you think when you have time.
Billy
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Indicator Request:
From Open price Intraday EMA - Exponentional Moving Average using prices from open only. All 35 values will be populated using the open price and as each minutes data becomes available, it will replace the open price value currently utilized. Most recent value will be the last trade price. Offsets of 1, 2, 3, 4, and 5 would be nice as well.
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Requesting indicators for Ask price & bid price of 1 min ago.
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Dynamic +DI, -DI(14) (Welles Wilder) would be nice
|
I have interest in stronger watch list indicator periods. for example:
Williams%R (50) and (100)
CC I (50)and (100)
Momentum (50) and (100)
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Hi,
I could really use a 30 day version of MTR%(30)-ATR%(30). Currently none of the ATR or MTR stuff goes over 14. The reason is that I am using 30 day EMA and my strategy is doing pretty well. But a large spike in price can distort the real picture of what’s going on. For instance, if the 10 day SMA is over the 30 day EMA, that is a real big key in my strategy (long, reverse for short). But if that was caused by a single big day w/in the 30 day horizon, then I would like to just not watch that stock.
Case in point, my strategy went long in CELL on 3/17. Well, look at that chart. As a human, I would never have opened that position. Obviously there was some huge anomaly Feb 2/3 so I would just stay away.
I’ve tried to substitute with the following Open Position rule (uses double negative so I can’t put it in watch list):
Highest Price During Previous 50 Days is at least -30 Percent Less Than Lowest Price During Previous 50 Days
It’s OK, but it’s not good enough. A slow organic build over 50 days is great, I only want to filter out spikes.
Feel free to suggest if I’m missing something, and I would really appreciate a 30 day MTR/ATR comparison.
Thanks,
Steve
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Absolutely! I have felt the same way for quite a while.
We need to make these indicators work for the 30 day periods.
Thanks for the request. They will be done.
Ed
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Hi,
I’ve downloaded the developer’s version of the strategy wizard and I still don’t see these indicators. Is there any schedule for their implementation?
Thanks,
Steve
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I just looked and do not see them.
Therefore, those indicators have not been created yet.
Since Ed, the founder said they would be getting created, we can be sure the request has been added to their project list, but we don’t know when it will get completed.
I’m sure they have more than these indicators on their project list.
Enlightened
|
These indicators are in the Developer version fo the software.
Interestingly enought, the 30day MTR and ATR and very similar to the 14 day. Probably wasn’t worth the programming effort, but we needed to see do it anyway in order to know that the values were going to be so close to the 14 day indicators.
CT
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Hi Ed,
I didn’t notice until I downloaded 7.4 today, thank you so much for the new indicators. I have a couple questions concerning them.
In the release notes you say:
MTR (14) – MTR (30)
MTR% (14) – MTR% (30)
This is the difference between the Max True Range (14) and the Max True Range (30).
This can be used to determine how much the Max True Range has increased or decreased over the last 30 days.
While in the strategy wizard it says:
MTR(14)-ATR(30)
MTR%(14)-ATR%(30)
What I would think most useful is:
MTR(30)-ATR(30)
MTR%(30)-ATR%(30)
Is there a typo somewhere or would it be hard to get fully 30 day MTR/ATR comparison?
I’m a little surprised to hear there is little difference between the 14’s and the 30’s, maybe that’s the general case? I look at the huge spike in CELL on 2/3 that started this thread. My strategy looks for the 10 day SMA to be greater than the 30 day EMA, but I would like to throw out cases like this one where there was some huge anomaly. The 14 day TR wasn’t working since it didn’t "cover" the 30 day EMA.
Finally, I really appreciate the detailed description of the indicators in the release notes.
Thanks,
Steve
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Right. These were typed wrong:
MTR(14)-ATR(30)
MTR%(14)-ATR%(30)
The Correct indicators are:
MTR(30)-ATR(30)
MTR%(30)-ATR%(30)
To get the correction, click FILE->Download New \ Beta \ or Developer version
All of the above version now have the fix.
Thanks for catching that.
Ed
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Request Intraday Welles Wilder ADX
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Would it be possible to add Welles Wilder DI 10+ (-1 day) and DI 10- (-1 day), DI 14+ (-1 day) and DI 14- (-1 day), ADX 14 (-1 day) to the watchlist parameter? Maybe even add (-2 day). I think this could be pretty powerful.
Thanks,
Conrad
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CT,
Is it possible to add an indicator to the Watchlist (Tab 2) and Open New Position (Tab 30) the option to use previous days SMA or EMA.
An Example:
5-Day SMA (1-day ago)
5-Day SMA (2-days ago)
or
5-Day SMA (X-days ago) <- variable parameter.
I think this is a useful feature.
-Simon
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Please create an indicator so I can stop opening positions after x number of positions have been opened:
TodaysTotalNumberOfOpenLongTrades
TodaysTotalNumberOfOpenShortTrades
TodaysTotalNumberOfOpenTrades
Thanks,
Brandon
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Need two intraday indicators for my strategy please:
Minute of last trade closed same symbol - This would be the time that the last trade was closed in my account for the symbol being evaluated. Would like to be able to compare this to the Minute indicator already there so that I can wait to re-open a trade until after a new bar has been created.
Price move for current symbol - This would be the amount the price has moved from the entry price of that symbol. Would like to be able to compare to an amount.
And then one general question. Why is there no "Not Equal" as an operator in the rules?
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Please consider the following intraday requests:
- Intraday High-Low difference - formula: High - Low of chosen (min/bar, # bars, offset)
- Intraday Open-Close difference - formula: Close - Open of chosen (min/bar, # bars, offset)
- Intraday Body percent of Candle - formula (Close - Open) / (High - Low) of chosen (min/bar, # bars, offset). If High = Low then 9999
- Intraday Gap - formula - Open of current bar - Close of prior bar of chosen (min/bar, # bars, offset)
- Intraday volume of chosen (min/bar, # bars, offset)
Thanks
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Oh, and 1 more:
An indicator for the last trade price. That would be the very last trade, not as of the last bar.
Thanks.
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Is it possible to add a Trailing Stop Loss for the Total P&L
Example: If the T"Total P&L (Of all stocks)" reach a Profit Goal (Let say $500) the trades will exit if the "Total P&L drops from the highest point it achieved. Let say, if the Total P&L profit goal was set at $500.00 with 20% drop and the total P&L reached $650.00 if the Total P&L drop to $520 Cool Trade will flat all positions.
That function will help keep the total profits once the goal is achieved. I know that Cool Trade has that function for individual stocks, but the problem is that they don’t all reach the profit goal before the Market start start pulling back, and it is the one that did not reach it that make you loose all the profit.
Real
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With the rise of index investing that provides instant diversification across a basket of stocks, it is now possible to trade only one stock with your entire portfolio value. Currently, if your portfolio is > $200,000, you cannot set this up in the C-T Wizard.
I would like to request that the $200,000 per stock limitation be removed and an UNLIMITED option be added.
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The Developer version of the software has been increased to $500k per symbol.
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The Elder Impulse System was designed by Alexander Elder and featured in his book, Come Into My Trading Room . According to Elder, "the system identifies inflection points where a trend speeds up or slows down". The Impulse System is based on only two indicators, a 13-period exponential moving average and the MACD-Histogram . The MACD-Histogram is based on MACD(12,26,9). The moving average identifies the trend, while the MACD-Histogram measures momentum. As a result, the Impulse System combines trend following and momentum to identify tradable impulses. This unique indicator combination is usually color coded into the price bars for easy reference and is supported by StockCharts.com as a standard chart type.
It can be used with any chart including Daily, 60-min, 15-min and 5-min. I have had the greatest trading success using it with the 5-min chart. My average monthly return, regardless of market conditions, is 20%+
CALCULATION
Green Price Bar: (13-period EMA > previous 13-period EMA) and
(MACD-Histogram > previous period’s MACD-Histogram)
Red Price Bar: (13-period EMA < previous 13-period EMA) and
(MACD-Histogram < previous period’s MACD-Histogram)
Price bars are colored blue when conditions for a Red Price Bar or
Green Price Bar are not met.
Prices are checked at the end of each period, but not during the period. For example, if you are using a 5 minute chart, you would check for the trade conditions at 9:35 am and then again at 9:40 am, but not between these times. I have found that a continuous signal check can lead to much weaker returns.
Trading Strategy:
Buy when Green Price Bar appears; Sell when Red Price Bar appears.
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Last Stochastic K39
I’d like to put in a request for your list of new indicators. There is an indicator called the Last Stochastic. It is merely the RawK value of 39. The idea is to buy when the K39 crosses from below 50 to above 50.
I need an EOD K39 and a DYNAMIC K39
|
Ed,
I have a client who would like to use the Ichimoku Kinko Hyo indicator. Please let me know if this is possible.
Thanks,
Brian
RTS
|
Ed,
I have a client who would like to use the Ichimoku Kinko Hyo indicator. Please let me know if this is possible.
Thanks,
Brian
RTS
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MACD DAILY HISTOGRAM
Please institute an indicator that will read the current histogram number (on a daily chart) and compare it to the previous days histogram number.
I.e., So that as an open trade rule I can write "Today’s current MACD Histogram number is higher or lower than the previous days number".
As you can see in the attached file today’s histogram number is -.90 and the day previous is -1.04. For the purposes of the trade that was entered today, I would not have entered it because today’s histogram number was higher than the previous days number. For the purpose of my short strategy, I want to enter the trade only if the histogram number today is lower than the previous day.
If anyone has a suggestion as to how to do this (I am being told its not possible at this time) or use a different indicator that would produce the same result, please post it here as a response.
Much appreciated!
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If you just want to compare the current histogram with what it was yesterday, you can use the Intraday Histogram. I entered these into my trader for QCOM just to see the values, and they gave good results.
The Offset parameter on the far right, shows how many minutes ago.
I entered 1, 10, 100, 200, and 300. I could have also used Offset=0 for the most recent bar, but I forgot.
I recommend you compare offset 0 to offset 300.
I think that will get you the comparison you are looking for.
I prefer the INTRADAY indicators over the EOD indcators because we can set the parameters and compare different timeframes, where the EOD parameters are fixed.
OPEN POSITION RULES
Intraday MACD Histogram ( 12,26,9,1,1 ) > 0 Dollars
MinuteMacdHistogram (12 , 26 , 9 , 1 , 1) : -0.0041
Intraday MACD Histogram ( 12,26,9,1,10 ) > 0 Dollars
MinuteMacdHistogram (12 , 26 , 9 , 1 , 10) : -0.0118
Intraday MACD Histogram ( 12,26,9,1,100 ) > 0 Dollars
MinuteMacdHistogram (12 , 26 , 9 , 1 , 100) : 0.0088
Intraday MACD Histogram ( 12,26,9,1,200 ) > 0 Dollars
MinuteMacdHistogram (12 , 26 , 9 , 1 , 200) : 0.0027
Intraday MACD Histogram ( 12,26,9,1,300 ) > 0 Dollars
MinuteMacdHistogram (12 , 26 , 9 , 1 , 300) : -0.0156
Enlightened
|
Awesome, thanks for the response. I have a couple questions:
Intraday MACD Histogram ( 12,26,9,1,1 ) > 0 Dollars
MinuteMacdHistogram (12 , 26 , 9 , 1 , 1) : -0.0041
Intraday MACD Histogram ( 12,26,9,1,10 ) > 0 Dollars
MinuteMacdHistogram (12 , 26 , 9 , 1 , 10) : -0.0118
Intraday MACD Histogram ( 12,26,9,1,100 ) > 0 Dollars
MinuteMacdHistogram (12 , 26 , 9 , 1 , 100) : 0.0088
Intraday MACD Histogram ( 12,26,9,1,200 ) > 0 Dollars
MinuteMacdHistogram (12 , 26 , 9 , 1 , 200) : 0.0027
Intraday MACD Histogram ( 12,26,9,1,300 ) > 0 Dollars
MinuteMacdHistogram (12 , 26 , 9 , 1 , 300) : -0.0156
In the above examples that you gave, what does : -0.0041 mean or stand for?
And this example, was it for opening a long position and did you need to enter all of the above or did you just use one time period?
Thanks for helping!
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The purpose of listing all of these rules was so I could see if there were enough historical minute bars in the system to make the calculations for them all. And it shows that each one did return a value.
If you wanted to compare the current bar (offset=0) with a bar from yesterday (5 trading hours ago, would would compare offset=0 with offset=300) as:
Intraday MACD Histogram ( 12,26,9,1,0) > Intraday MACD Histogram ( 12,26,9,1,300)
You can see the values of the indicators used in the rules by clicking the RULES button in the automated trader. The -0.0041 was the value for the histogram at offset=1 shown below:
Intraday MACD Histogram ( 12,26,9,1,1 ) > 0 Dollars
MinuteMacdHistogram (12 , 26 , 9 , 1 , 1) : -0.0041
Enlightened
|
Thank you, that’s very helpful!
Much appreciated.
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Moveing Average Slope
Is there a way to write a rule that will calculate the slope of a moving average
i.e. if the slope of the 20 ma is greater than 2 allow a long position to be opened
Thanks,
Gage
|
Would love to see an indicator that allows you to close all your open positions if your total P&L reaches a certain $$$ amount, puts that total into your NET P&L amount, resets your total P&L to $0 and then you can start over again and once it reaches your goal again, closes the positions, adds the total to your NET P&L, resets the TOTAL P&L again to $0
I was up over what my daily goal was today, the market turned, took all my money, went negative by 300% - so I went from being positive, to VERY negative.
Had this indicator been in place, it would have locked my profits and not reentered any positions until the open positions rules were met again.
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I suggest leaving Total P/L and Net P/L as they are since those are used by many others, as they are.
I suggest a new indicator called Open P&L. Let that accumulate all day.
Then you can create an exit rule like: Open P&L > 700
Then, when your total currently open positions are greater than 700, all positions close immediately.
That will set your Open P&L back to zero.
So, you can start over again with new open positions if you want.
The trick to making this feature work is that the code will have to close all of the positions at once. Because if we close 1 at a time, the Open P&L will start decrementing and go below your 700 goal. That will take a little extra code. (about 5 minutes worth. ha.)
Ed
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I think that sounds like a great idea Ed.
I know there are more pressing issues, but this would be a great tool for traders like myself that are flat and the end of each day.
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Money Flow Index
MFI and MF
|
I second that!!
|
And here’s a third. Would be a good addition to bullish RSI and ROC in my long strategy.
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I really feel the Accumulation/Distribution oscillator is much needed in the strategy wizard. I’m new to cool-trade so if it is there I apologize but I just don’t see it.
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I agree. I’m using William’s A/D (William’s Accumulation / Distribution) in conjunction with the following: Williams %R 14
Money Flow Index 20
Ultimate Oscillator 7 14 28
Bollinger Bands 20 2
and finding when they are all aligned at the same extreme that they give pretty
reliable indication of when a stock or an etf is ready to move up or down.
I would like to see all of the above that are not currently available in Cool-Trade to be added.
RC
cate2354@comcast.net
Posted Reply on 1/16/13
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Hi there sorry Im a newbie. please direct me to to where I can find the list of the existing indicators to add.
thanks
James
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The left and right columns on tabs 2, 3, 4, & 5 allow you to select indicators to build your rules.
I suggest you watch the Strategy Wizard overview video at the top of the Strategy wizard.
Thanks,
CT
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There hasn’t been a death or an emergency of some kind has there? The automated trader crashes instead of coming up and I’ve both written and called for almost a week w/o reply...
|
Steve,
Send email to support@cooltraderpro.com
No emails are being ignored.
CT
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Hi ive just purchaced the ctp software but I dont know how do I get to the main screen (where its green at the bottom & purple in the middle & it lists the funds allocated & funds available,etc,etc.) where you change the dollar amounts, amount of shares & everything else (pop up screens come up to change things that Ive watched on youtube), etc.. but I cant find it. Ive just started so maybe ive missed it but i can figure out how to get to it, any help would be appreciated. thank you.
Pete
|
Pete,
I believe that you are trying to get to the Strategy Wizard. If this is the case, then you will need to select the "Strategy_Wizard" menu. Allow it to load. You can load the strategy by clicking the name and loading the specicifed strategy preferences.
If this is not what you are looking for then you can reach out to me at dewey@cooltraderpro.com or call the office at 480-585-9744.
Thank you,
Dewey Lang Jr
Technical Support
17787 N Perimeter Dr A103
Scottsdale, AZ 85255
480-585-9744
dewey@cooltraderpro.com
Disclaimer: For demonstration purposes only. CoolTrader pro, CoolTrade and Robotic Trading Systems do not make buy, sell, or hold recommendations. Unique experiences and past performances do not guarantee future results. You should speak with your CPA or financial representative (broker dealer or financial analyst) to ensure that the software / strategy that you utilize is suitable for your investment profile, before trading in a live brokerage account. All advice and/or suggestions given hereto is intended for running the CoolTrade software in Simulation mode only. These reports ONLY show close trades and does not reflect the P&L of open positions. Refer to Automated trader dashboard to see the net P&L of open positions.
Notice: This message, including any attachments transmitted with it, is for the exclusive use of the specific individual or entity to whom it is addressed and may contain information that is proprietary, privileged, confidential and/or exempt from disclosure. No confidentiality or privilege is waived or lost by any mistaken transmission. If you are not the intended recipient, you are hereby notified that any viewing, copying, disclosure or distribution of this information is prohibited. If you believe you have received this message in error, please notify the sender immediately by reply electronic mail or telephone and delete the message and attachments without making any copies.
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What is the minimum specs for the computer to run software. What is suggested? Thanks Phil
|
Go to Cooltradekb.com Select Tab How To then go to System Requirements.
Kim
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Is there a way to follow the 20 period moving average ... I like to follow 15-minute bars. So I want the average close of the last 20 15-minute bars.
Actually, I want to compare that 20 period average to the current price. Can I do that? I would like to buy if the current price is x% below the 20 period moving average (of 15-minute bars).
thanks, Rick
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Put this in your Open position rules and/or Add To Position Rules:
Today’s Current Ask Price is at least 5 Percent Less Than
Intraday Simple MA (20, 15, 0)
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THANKS
|
THANKS
|
Today’s Current Ask Price is at least 5 Percent Less Than
Intraday Simple MA (20, 15, 0)
Thanks... but would it be (15, 20, 0)
My CT says that the first value is mins/bar, the second is interval
So if I wanted 20 period (interval) MA of 15 min bars ... then it would be 15, 20 , 0 ?
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Right. I mix those up every time.
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I should have asked this before, sorry:
It says "intraday" ... Intraday Simple MA (20, 15, 0)
I assume that for the first 15 min bar of the day, that it uses that bar and the last 19 15-min bars from the previous day to produce the "Intraday" simple MA ... right?
|
That is correct.
If you don’t want it to use the previous days data then that rule will fail for 20 X 15 = 300 minutes.
So, since you require historical minute bars data, the only brokers that load that data when the trader starts are TDA, MBT, and IB.
Look at the RULES in the trader and you can see the values for the indicators in the strategy. If there are not enough bars to make a calculation it will return 0 or -1.
|
That is correct.
If you don’t want it to use the previous days data then that rule will fail for 20 X 15 = 300 minutes.
So, since you require historical minute bars data, the only brokers that load that data when the trader starts are TDA, MBT, and IB.
Look at the RULES in the trader and you can see the values for the indicators in the strategy. If there are not enough bars to make a calculation it will return 0 or -1.
|
thanks for the thorough reply...
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I want to run enter new positions just the first half hour. I had Auto Trader Preferences set to :
"Start Checking to Open New Positions at 07:32am" and
"Stop Checkin to Open New Positions: 07:58am"
But that didn’t stop it from opening a new postion at 09:18 and a different one at 10:20... hmmm
I noticed there is a "Current Hour" and Current Minute" in the indicators. Could I use Current Minute < 30 as a rule?
What does "Current Minute" indicator refer to?
Is there another way to make sure I do not enter new positions for the day, after the first 25 minutes of trading?
Rick
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True Strength Index [intraday] that is adjustable would be great!
|
Williams %R [intraday]adjustable and EOD[30] this is a great indicator, PLEASEEEEEEEE!!!!!
|
We currently have the EOD Williams%R(14) and Williams%R(21).
I will put the request in for the 30 day and also for the adjustable Intraday.
|
Thanks!
|
Wondering why the 50 period ema shows a -1 value?
The 20 period ema’s seem fine...
Intraday Exp MA ( 15, 50, 0 ) > Intraday Exp MA ( 15, 50, 2 )
MinuteExpMa ( 15, 50, 0 ) : -1
MinuteExpMa ( 15, 50, 2 ) : -1
But my 20 period ema seems ok:
Intraday Exp MA ( 15, 20, 2 ) > Intraday Exp MA ( 15, 20, 5 )
MinuteExpMa ( 15, 20, 2 ) : 23.3453
MinuteExpMa ( 15, 20, 5 ) : 23.7876
So I guess it is getting the data, since it is calculating the 20EMA
|
Am I doing this right? I want to compare the current 50EMA (15 minute bars) to the 15 minute bar 2 periods ago...
Intraday Exp MA ( 15, 50, 0 ) > Intraday Exp MA ( 15, 50, 2 )
|
Yes. it looks right.
However, 15 X 50 = 750 minutes. That is over 2 days ago.
I notice when my historical minute bars are loading at the bottom left of the automated trader (upon startup) that it doesn’t load more than 500-550 bars.
Based on that I would change the (15, 50, 2) to something smaller like: (10, 50, 2)
When your trader is running click on the symbol and then click on the RULES button at the top of the trader and see what values the indicators are showing. If they are showing -1 then that means there was not enough historical minute bars to make that calculation. In which case you will have to select smaller numbers.
Hedge
|
They are showing -1, as above.
So that means I can not do a 50 period EMA on 15 minute bars ? right?
So I could do a 50EMA on 10 minute bars? (10,50,2) for 2 periods ago...
|
Right, you can’t do the 15, 50.
>>>So I could do a 50EMA on 10 minute bars? (10,50,2) for 2 periods ago...
Yes, if the RULES screen shows that the indicator returns a value other than -1
Hedge
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I would like to request a mid price moving average (i.e. moving average of (High + Low) / 2).
Even better would be to allow the following selections for the moving average indicator [open, high, low, close, (high+low) / 2, (high+low+close) / 3, or (open+high+low+low) / 4]. The same thing applies to any other indicator that normally uses only the close.
I’d also like to see more periods available for the EOD moving average rather than just a handful of fixed periods. Rather than having a moving average with 10, 20, or 50 period selections how about allowing a range of periods between 1 and "n" periods to be specified to give the user maximum flexibility. The same goes for any other indicator that has a period parameter.
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I’m looking for an indicator option to be added that allows for the indicator to evaluate if something is true over a range of time (rather than one specific time).
For example:
Intraday RSI less than 30 anytime within the last 5 bars
rather than
Intraday RSI less than 30 at an offset of 5 bars
The former allows for the RSI to have been below 30 recently whereas the latter requires it to be below 30 at a specific time.
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Your request is a little confusing because if your trader was running all day then when the Intraday RSI < 30 at offset 0 then the rule would pass. This would work as long as this was your only rule. however, if there are other rules you are waiting to pass then you would need the rolling Intraday RSI that you are describing.
I don’t think there is a rolling Intraday RSI yet.
I can see the value of this indicator. it has my vote.
Enlightened
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Yes this is something CTP needs to allow more strategy rule flexibility. I think the best way to handle this is to have a Lowest & Highest function that can work with other indicators. For example other charting/trading platforms support such a function typically with a syntax such as the following:
Lowest (function, n periods)
The function argument could be RSI, MACD, Close, Low, etc. and "n periods" can be set to any number of bars the user wants. This can also be appended with a look back period so you can apply this to past bars. Often the syntax looks like:
Lowest (function, n periods)[n bars ago]
With such a function, it’s possible to do things like create divergence rules between price and other indicators like MACD. Very useful in strategy construction. I hope the developers can implement something like this to keep improving the rule flexibility.
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Could you please add On Balance Volume as an indicator. Also could you add a moving average and Bollinger bands for OBV as well. It’s one of the better measurements for identifying bullish and bearish volume.
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Correction. I see OBV is included in the WatchList and Open New Position Rules although there’s no definition for ObVol Breakout and ObVol Field Trend. What I would like to use is a moving average that can be applied to OBV for smoothing purposes to identify the trend. I’d also like to see Bollinger Bands that can be applied to OBV to identify breakouts.
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Hi
I am new to CTP , and I am trying to setup a new stock strategy on these bases:
1- zoom 3 months / 1 hour
2- MA (9)
2- RSI (14) , MA (9)
3- MACD ( 12,26) , MA (9) ,histogram
4 - buy signal ( RSI @20-25% and MACD @ -2.0 , -2.5 ) going up
5- Sell signal ( RSI @0.9-0.8% and MACD @ 2.0 , 2.5) going down
6- All the other relevant to , volume ...........( CT settings )
7- all the other usual setting of CT
with the rest of the setting as the swing formation.
Regards
Orders
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Hi Orders,
You posted a thread yesterday with different indicators for a new strategy here:
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Hi Carol
The indicators are the same with a bit of add on to it. I realized I have posted the request at the different place, so i amended it and posted here. I am working on one one strategy , which all based on
1- 1 year time frame/ daily
Hopefully this strategy is already made using these indicators and all the other relevant which is CT is set as the basic ...volume...price ..so.
If the strategy is not made, I would like some help on that fro CT support or some one could put me on the right direction.
Regards
orders
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I see. That makes more sense now.
Dewey should be able to help you. If he can’t, he will point you in the right direction.
Good luck!
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can you provide weekly indicators, EMA and SMA and slope of the line?
would like the 30 EMA and SMA weekly and 150 day daily.
Thanks,
ali
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can you provide weekly indicators, EMA and SMA and slope of the line?
would like the 30 EMA and SMA weekly and 150 day daily.
Thanks,
ali
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Yes, I’ve found the lack of longer time periods for indicators one of the major shortcomings of the software. For those who want to stay on the right side of a daily/weekly trend when creating their watch lists, there’s no way for the software to select only those stocks that have an SMA or EMA that’s higher/lower than the same SMA/EMA of "n" days ago. This needs to be fixed to eliminate some of these manual steps I still have to perform before allowing CTP to open a trade. It’s only partially automated for trend trading.
I hope Ed can get to this sooner rather than later.
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I agree 100% !!!!!
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yup, a necessity!
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Do you think they will ever do this?????
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I’ve been working with Henry on a simple indicator that will get you long a stock or ETF after 2 5 minute (green) bars. The program buys at the market . It will sell when there are two down (orange) bars. Charts are easily generated with IB.
Once you are out of the trade it waits for the same signal again. No buying on dips and no net short positions.
Sounds easy but we’re having a little difficulty getting it to work. Any suggestions?
Bruce Collins
Grand Prairie, TX
214-732-5422
BCrobotrade@gmail.com
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BCrobotrade,
So I am trying to understand your strategy a little bit more. From what I am reading you are wanting to buy long if within 10 min 2 five min bars are up. Showing a quick min by min uptrend. But you are wanting to sell if the opposite happens. Wouldn’t you lose money if you are in a stock instead of buying more and profiting on the return than not to sell at a loss? I’m just trying to find a way to maximize profit and remove losses.
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Thanks for the note. When you get two up bars the chances of an immediate reversal are small. I think the key is to keep a tight catastrophic stop and let the trade run if you get a good move. You can set a trailing stop as well but o too close. I only trade FAZ, FAS, SCO and UCO in an IRA. What I need is the indicator that will fire off the trade when there are two green bars and get out then there are two orange. It may get out but hand but at two orange bars for sure. Take a look as an FAZ or FAS 5 or 10 minute chart. It should do well.
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Please advise if this is correct?
I want an open strategy to trigger when the MACD value line is going up and crosses over the signal line.
MACD value line positive
intraday MACD vlaue (12,26,9,10.1) is greater than MACD Value (12,216,10,2)
MACD Value line crosses the signal line
intraday MACD Value (12,26.9,10,0) equal to MACD Signal Line (12,26,9,10,2)
Any advice is appreciated
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Bill,
These rules would work to show MACD is moving upward.
Are you running your trader in simulation mode or live?
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I am simulating using the CTP data feed.
I am finding I never get a hit, which tells me something is wrong
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You cannot use the indicators that start with INTRADAY with the ct data feed, as ct does not provide the needed historical minutes bars data.
Only these brokers provide that data:
td ameritrade
interactive brokers
mb trading
Hedge
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Thanks Hedge,
after many waisted hours I came to realize that.
Would be helpful if the start up page said something about that.
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I am simulating with TDameritrade. Trying to use the RSI - in rules for the watch list designating:
RSI(14) < 30
RSI(14) ( -1 Day) < 30
RSI(14) ( -2 Day) < 30
and it pulls up some (4) satisfying that, but about 5 others that (according to my broker acct. as well as stock charts) the RSI is well over 30.
Anyone know if the RSI works at all ?
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jk,
You might want to make sure that all of your sectors are chosen and that none of the options on the bottom for the "Disable Watch List Rules" are un-checked.
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request:
Net P/L for same symbol...
This will allow us to average up/average down and base trading decisions on the average price of the stock rather than looking at each trade individually.
Currently, if I buy a stock for $15, then again for $10, then again for $5 and want to sell for an average gain of 5% ($10.50), I cannot do it. There is no way to accomplish this. A typical trading approach in this circumstance would be to group all the buys for the same stock together at the average price of $10, then use that price to determine profit/loss decisions.
I am looking for an indicator that will allow me to do this.
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Maybe the term "average profit/loss of all open positions for same symbol" would be more appropriate.
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Would like an indicator saying:
# of days since stock split
# of days since stock reverse split
or
this can also be done by adding a "rule connector" to be able to say:
today’s open price is "between" 0 and 50% of yesterdays close price to avoid buying stocks that split the next day.
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Would like to add a rule to say:
DOW move is at least (#) points greater than yesterdays DOW close price.
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"Todays Dow Move" already exists and it returns the amount the Dow has moved since yesterday’s close price.
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Are you sure it’s yesterdays close price of the current days open price move? When I tested the rule it seemed like it was for the open price.
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Yes.
"Todays Dow Move" is the amount the Dow has moved since the previous days close.
Enlightened
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I have a rule for shorts that should not open a position unless the dow move is less than 20. Yesterdays close (wed) price was 14,988 and todays lowest was 14,971 which is only 17 points but yet the trader still managed to open 2 shorts at around 10:20am. This seems to me like it is tracking the current days move and not the previous days close..or am I missing something??
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Hello eayala,
The database shows that your trader only opened 1 short position today at 7:19am and closed it profitably 45 minutes later.
If you would like, you can send today’s tradelog file to technicalsupport@cool-trade.com for further examination.
Thank you
CT
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When your trader first comes on it has 0 in the indexes.
I suggest you add a rule that states Todays Dow Move < 0 so you don’t go short on up days too.
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Upon further review we see that the rule, as written, did pass.
"Todays Dow Move < 20 " would be true if the Dow was down 17, as -17 is less than +20.
The rule you want is:
Today’s Dow Move is less than -20
CT
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It actually opened two shorts at 7:19am PST, SLW and ABX. It sold ABX at 9:35am at profit.
My rule has always said Todays DOW move is LESS than 20 for my short strategy.
To overcome the 0 when it first comes on I have it only to begin to open positions 5 mins after market opens so the ticker has time to get going.
My concern is that it shouldn’t have opened positions at all unless the Dow rule is for the days open price and not previous close. No big deal as I am still simulating and will make adjustments accordingly...that’s why we simulate.
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Hello all,
I’ve been simulating Cramer’s picks for a couple of weeks now and today I received an alert at 1017am to buy HON ADBE AMAT and close WM.
I did not have enough simulated funds at the time to open or add to any positions.
The only position I was holding at the time was AMAT and since I did not have enough funds to add to this position it seems like the trader went to the next tab (Exit Trade Rules) and found all three requirements were met:
A sell alert (Cramer’s alert had both buy and sell actions in the same alert), alert sent less then 10hrs ago, and alert type was less than 3.
Therefore, it seems like CT sold my AMAT position at 1019am when in fact Cramer was advising to add to this position.
I was wondering if it was possible to add the indicator
My Same Symbol AAP! Alert Sell Shares... instead of just a general sell indication.
Or, if there is a way to get around this with the current indicators, I am all ears.
Thanks in advance
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I used to trade the cramer alerts until I got tired of him leaving the profits on the table until they turned into losers. Then I switched to the Dow 30 strategies that take profits. However, when I was following his alerts I never saw what you described. As I recall each alert came into the ct system independently for each symbol (actually there’s no way to make 1 alert affect multiple symbols unless cramers people actually entered the same sell alert for each symbol).
Hedge
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I need help. I want to buy on two advancing 5 minute bars or two advancing 5 minute time periods.
HELP!!!
Bruce
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What are you looking for?
There are some Intra-Day indicators that look at this.
Here is an example of an intraday close that could help. Under Open new positions (tab 3)
Intraday Close (5 (Min/Bar) / 2 (Interval) / 0 (Offset) ) is greater than Intraday Close (5/1/0)
I hope this helps.
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Bollinger %B (bandwidth) would be nice
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I have a very defined set up and exit trade on an inside candle trade. I have been trying to program the trade variables and would like some help. Can I forward the rules and get some input from your group? If so, where should I forward the variables and to whom?
Greg
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Yes. Post the rules that you have created and what you are trying to do and we can help with your strategy.
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Please add historical data caching to the platform so that longer periods can be used
for intraday and EOD indicator periods. Currently it’s not possible to use a 1hr 40 MA
(or larger) because of the dependence the software has on the amount of real time
data that’s provided by the broker.
However auto traders like Ninja Trader and Trade Navigator also use IB as a data
feed but support long term intraday periods for its indicators because they also make
use of saved historical data. So the limitation of the broker data feed can be overcome.
It’s time for CTP to provide the same solution.
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the slope of the ADX line, +DI line, and -DI line are actually pretty important in using Welles Wilder directional indicators. When considering a long trade with +DI > -DI you want to make sure the ADX line is positively sloping to insure strength of the upward momentum. Same with short trade, you want to be sure the ADX line is positively sloping to ensure strength of the downward momentum.
If there is another way of doing this, I would appreciate some insight.
Thanks
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ADXR > 1 means more up then down
+DI > -DI is bullish
So, for the open position rules, use these
Intraday ADXR (15, 5, 0) > 1
Intraday +DI (14, 5, 0) > Intraday -DI (14, 5, 0)
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Thanks - I’ll try that. I appreciate the response.
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FxJerry -
In thinking about your solution to sloping ADX, I’m not sure I understand. Perhaps you could further explain. My understanding is that ADX and ADXR are both measured the same, that is a number from 0 to 100. A number greater than 25 (per Welles Wilder although some technicians use 20) means that the trend (either positive or negative) is strong with progressively higher numbers indicating strengthening of trend. A number that is less than 20 indicates a non-trending or range-bound market in which case trend trading indicators should not be used. The problem with this approach is that ADX and ADXR could both have values greater than 20 which seems to indicate strong trend but the actual slope of the ADX and ADXR lines could be decidedly downward indicating weakening of the trend. In other words, ADX and ADXR could both have reached a value of 40 (very strong trend) and are now sloping downward (weakening trend) to a value of 30 but would still be above the 20 value which according to Welles Wilder still indicates a strong trend. I believe that more recent applications of ADX and ADXR look at the actual slope of the lines to determine trend strength instead of the actual values of ADX and ADXR. It is this slope of the ADX and ADXR lines that I am trying to set up rules for. Maybe your solution does indeed provide the answer I’m looking for but I just am not understanding. If you can clarify for me, I would appreciate it.
Thanks
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To Technical Support -
Please see my previous post regarding "test for sloping ADX". Is it possible to have technical support create an indicator that tests for rising/not rising ADX and rising/not rising intraday ADX?
Thanks
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I do a period comparison for slope (example):
Intraday +DI (14, 5, 1) is at least 1% less than Intraday +DI (14, 5, 0)
You can also use a bigger difference in periods:
Intraday +DI (14, 5, 3 ) is at least 1% less than Intraday +DI (14, 5, 0)
Or use a Dollar amount vs. a %
I also use a chain:
Intraday +DI (14, 5, 3 ) is at least 1% less than Intraday +DI (14, 5, 2)
Intraday +DI (14, 5, 2 ) is is at least 3% less than Intraday +DI (14, 5, 1)
Intraday +DI (14, 5, 1) is is at least 5% less than Intraday +DI (14, 5, 0)
to go for an increasing slope.
PS
Thanks for calling support and fixing the labels on the Intraday indicators,
But I still can get the intraday ADX to come even close to any charts I can get my hands on (Freecharts, Etrade, IB, Fidelity).
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rs -
thanks for the feedback. Really good ideas to test for sloping of intraday ADX or any other intraday indicator.
I’ll have to look at the ADX value issue you described. I’ll let you know what I find.
Thanks again!
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Not sure what setting it uses .not(12)...pretty much useless the way it is..can we get it set to 12
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With .ROC you select "is bearish" or "is bullish".
If you don’t want that then use: Rate of Change (100,14) that is further up in the list and create your own rule. You can compare that one to the value from the previous day and/or the day before that.
As I understand, the EOD indicators have fixed parameter values since they are all pre-created each night.
Click RULES in the automated trader and you can see what values the indicators are returning.
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Right now there’s only a single EMA (14 period) EOD indicator for use with a look back period of 1 or 2 days. Please add multiple look back periods (1 - 10 days ago) for multiple SMA & EMA periods other than just a 14 day period. For the short term, add a look back period to the existing SMA & EMA entries. Longer term, make the fields for every parameter of all EOD indicators variable like they are for intraday indicators to accept a wide range of values.
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I agree 100%, major miss by the developer!
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Take a look at the Dynamic indicators in the open position rules. They have what you want.
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No the Dynamic Indicators can’t be used for my purpose because there are no look back parameters associated with them. What’s needed is what I originally stated - EOD indicators with fully adjustable parameters with look back periods rather than multiple indicator entries with fixed values.
An even more effective solution would be to support a scripting language to allow maximum flexibility in indicator use and rule creation. With some arithmetic functions added as well, much better strategies could be created.
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agreed, absolutely needed
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I was also looking for days ago periods to SMA & EMA EOD indicators. Would be a nice to have.
100 (Number of Periods) - Number of Periods Since 100-Day Highest High)
&
100 (Number of Periods) - Number of Periods Since 100-Day Lowest LOW)
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Can you create an intraday volume indicator to compare the amount of volume going into a stock compared to a longer intraday period? I want to use an indicator of this sort on my open position rules but there is nothing of this sort, except for % of buy orders in last X seconds. Also, I have seen that other softwares can Measure the rate and amount of volume that goes into or comes out with each bar, con you look into adding this too?
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I agree
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I agree also
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How long we have to wait?
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That is an easy guestion to ask, but not an easy question to answer as I am sure CT is working on a lot of things including moving to Cloud.
EI
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How long of a period are you looking to do the comparison? Do you just want to use today’s volume as a reference and compare it to an average over time?
There are a ton of volume indicators to choose from, and I use them quite often. It would be nice to have the minute bar volume indications, then again, this is a lot of data throughout the data that needs to be stored. It is possible to do, but quite a challenge to say the least.
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would it be possible to add a new intraday indicator for CCI? I would like to be able to have differing periods for the CCI indicator such as an 8 period CCI.
Thanks
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It appears that you have most of the most used indicators set up to be used in intraday trading but you don’t have the CCI indicator set up to be used for intraday. This would be quite helpful to have as an intraday momentum indicator.
Thanks
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Hi, Would anyone else like to see a rule added that can select optionable stocks? Anyone that likes to hedge positions with options may find it useful. Of course Options would have to be purchased/sold outside of the CoolTrader Program.
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Not 100% sure I follow.
Since options are using a call/put instead of a buy/sell like equities, I doubt CoolTrade will ever jump into the options side of trading, so this would not be an indicator, but rather a feature of the software.
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Actually it makes perfect sense to add a function for the Open New Positions tab that checks whether a stock is optionable or not. Just as there’s an entry for watchlist creation such as "current assets greater than current liabilities", there could be a true/false function such as "Is Optionable".
This is one of the criteria I use in my watchlist criteria since optionable stocks often behave differently than stocks that aren’t. But I can’t use CTP for automatic watchlist creation because there are several functions it currently doesn’t support and determining whether a stock is optionable is one of them.
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Some one please respond....
s there any possibility of adding intraday Keltner Channels to the indicator list? Bollinger Bands already exists, so its a slight change of formula to get the Keltners.
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The formula for Keltner Channels seems simple enough:
Middle Line: 20-day exponential moving average
Upper Channel Line: 20-day EMA + (2 x ATR(10))
Lower Channel Line: 20-day EMA - (2 x ATR(10))
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Current price dropping below upper Keltner Channel would be an excellent Exit point. Any possibility of adding the Keltner indicator?
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I notice that in the EOD Technical Indicator rules that you have programmed every indicator to have a (-1 day) and a (-2 day) version other than the Wells Wilder directional indicators. Why did you not program for ADX (-1 day) and ADX (-2 days) or +DI (-1 day) and +DI (-2 days) or -DI (- 1 day) and -DI (- 2 days)? The value in these indicators is identifying if they are rising or if they have crossed over such as +DI crossing over -DI while ADX is rising. Otherwise these indicators have limited value. Is this something that can be considered for inclusion in a near term release of the product?
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It is calculated according to the following formula :
PPO = (9-Day EMA - 26-Day EMA) / 26-Day EMA
or as variables
------------------------------------------------
PPO = (9-Period EMA - 26-Period EMA) / 26-Period EMA
or
PPO = (X-Period EMA - Y-Period EMA) / Y-Period EMA
-------------------------------------------------
Many thanks for your help!
Paul
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Ed,
HullmovingAvg is amazing trade signal!
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What the heck is Hull moving avg? Herb
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I agree that the Hull moving average is a great indicator. I would very much like to be using it in Cool Trade now, but I cannot see it in the Cool Trade indicators. Did I miss it? I looked carefully, but perhaps it may be there under a different name.
If the Hull moving average is not in the CT indicators please add it.
Also, if anyone knows of a way to "duplicate" or "mirror" the Hull Moving Average in Cool Trade PLEASE post that information. Trading with the Hull Moving Average in Cool Trade will raise performance exponentially (in my humble opinion).
Best regards,
Delmar
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I agree that the Hull moving average is a great indicator. I would very much like to be using it in Cool Trade now, but I cannot see it in the Cool Trade indicators. Did I miss it? I looked carefully, but perhaps it may be there under a different name.
If the Hull moving average is not in the CT indicators please add it.
Also, if anyone knows of a way to "duplicate" or "mirror" the Hull Moving Average in Cool Trade PLEASE post that information. Trading with the Hull Moving Average in Cool Trade will raise performance exponentially (in my humble opinion).
Best regards,
Delmar
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Please consider adding Intraday CCI to your Intraday indicators. The default 14 period is fine. Thanks.
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The Commodity Channel Index (CCI) indicator is already in the Watch List indicators list.
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I second the intraday CCI request!
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Please add the True Strength Index to your list of indicators. It eliminates much of the
lag present in other momentum oscillators. The formula and default settings are as follows:
longLength = 25
shortLength = 13
diff = close - close[1]
TSI = (ExpAverage(ExpAverage(diff, longLength), shortLength)) / (ExpAverage(ExpAverage(AbsValue(diff), longLength), shortLength)) * 100;
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I would also love to have this indicator. Is it coming soon?
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I have no idea when and if it will be added.
In any case, more important than continuing to add useful indicators and other
functions (which should continue) is providing a scripting language like in the
above post (standard format now in most reputable charting and trading platforms)
which allows you to create your own indicators if they’re not available as defaults.
You’ll then have complete freedom to create the most desirable rule sets and avoid any
restrictions imposed by the default platform functions and settings.
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Please add TSI. Very important technical tool.
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Please add TSI. Very important technical tool.
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Please add TSI. Very important technical tool.
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Since there are currently no functions in CTP to measure price compression and expansion please add the following indicators:
Bollinger Bandwidth (default period for Upper/Lower BB & MA = 20)
(Upper Band - Lower Band) / Simple Moving Average * 100
Bollinger Percent B (default period for Upper/Lower BB & MA = 20)
(Close - Lower Band) / (Upper Band - Lower Band) * 100
The next requested indicator is similar to Bollinger Percent B but uses Donchian
Channels rather than Bollinger Bands where the Lower Channel is the lowest low in
"N" periods (default = 20) and the Upper Channel is the highest high in "N" periods.
Channel Percent
(Close - Lower Channel) / (Upper Channel - Lower Channel) * 100
Price compression indicators such as above can be effectively combined with other functions to detect breakouts of consolidation areas.
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The Ultimate Oscillator 7 14 28 is a great technical indicator. PLEASE PLEASE PLEASE add this to cool trader.
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what is the result after you tried this for eight months? How to add it? Could you respond me. Thanks! my email address is global_sale@hotmail.com
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Yes, where to get Ultimate Oscillator 7? How to combine with cool trader? How does it help?
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Yes, where to get Ultimate Oscillator 7? How to combine with cool trader? How does it help?
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Please add Volume-Weighted Average Price which is used by both institutional traders and institutional algorithms. The formula is similar to FM Labs’ Volume Adjusted Moving Average but not the same.
VWAP is normally used on intraday data but the same formula can also be effectively applied to daily bars for weekly (the 5 daily bars Mon thru Friday) or monthly (1st daily bar of month to last daily bar of month) values. Also the final VWAP value for the last intraday bar of the previous day can be a useful reference for the current day. Knowing the slope of VWAP intraday is also valuable information so providing a look back period of several bars for VWAP is a good idea. For intraday use, the VWAP calculation starts on the first bar of the day and ends on the last bar of the day. Tick data is often used but 1 minute bars can be substituted. The formula is:
Cumulative (Volume x [(High+Low+Close) / 3)] / Cumulative(Volume)
A more complete description can be found here:
stockcharts.com/school/doku.php?id=chart_school:technical_indicators:vwap_intraday
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Could you please add the following market internals for the major indices. The first market metric is the volatility index for the SP500, or VIX, and VXN for the Nasdaq-100.
Also please add the difference (and/or ratio) between Advancing Issues & Declining Issues and Up and Down Volume for the NYSE, SP500 and the NASDAQ for both end-of-day and intraday time frames. The standard definitions are as follows:
Advancing Issues - Issues that have a positive net change from previous bar’s close
Declining Issues - Issues that have a negative net change from previous bar’s close
Up Volume - Volume of advancing issues
Down Volume - Volume of declining issues
So for example, the relevant indicators useful for the NYSE would be:
NYSE Advancing Issues - Declining Issues
NYSE Advancing / Declining Issues
NYSE Up Volume - Down Volume
NYSE Up Volume / Down Volume
The same is true for the SP500 and Nasdaq. Alternatively, the percentage of Advancers or Decliners to Total Issues or the percentage of Up Volume or Down Volume to Total Volume for each index would work as well.
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It seems that one of the most obvious capabilities that is missing from the CT platform is the ability to write rules to check for crossovers in a daily strategy when one does not want to use industry standard parameter values. As an example, if one wanted to use the MACD indicator and effect a crossover strategy on other than 12-26-9 parameter values, it cannot be done. Recent research completed in the Technical Analysis field by others and also by the original author of the MACD indicator have produced other parameter settings for the MACD that, in certain instances, could be more effective. I expect this also applies to many of the other indicators as research/testing is ongoing in this field. It seems to me that CT would want to provide the ability to utilize these new research results. This ability is available in the Intraday indicators but not so in a daily strategy environment.
Thanks for your consideration,
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Please make the Dynamic CCI variable instead of a fixed 14 day.
EI
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Hi Enlightened.Investor,
I have a couple of CT licenses and have done extensive testing both simulating and live trading over the last couple of years. I believe profits of +10% to +15% per month are possible, if the correct stock is selected and a finely tuned wizard is used.
I am interested in co-operating with other experienced CoolTrade users, such as your self in comparing the best possible strategies for optimum performance, profitability.
I am Australian and based in Jakarta Indonesia, if you are willing to communicate with me by email or skype bobking63 that would be great.
my email address bob@kingmining.com
Thanks and have a nice Thanks Giving
Kind regards
Bob King
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Please add "Book Value Per Share"
I would like to build this watch list rule:
Yesterday Close Price is less than Book Value Per Share.
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Looking for a condition rule / New Indicator that contains Insider buying. [SEC Form 144 Filings]. Info should already be provided through source for your market data coming from the brokerage. Or if simulating it can come from whoever (cooltrade) sources their data from.
B: Buy; S: Sale
Shares amount
Trade period
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This is a request for cool-trade to add the StochasticRSI Indicator.
Thank you in advance.
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Could the Aroon indicator be added with adjustable parameters? I am trying to manually incorporate it into an existing strategy, but it defeats the advantage of using an automated trader.
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could you possibly add a FMV- Fair Market Value technical indicator or any of the other Ben Graham indicators
such as Intrinsic Value, etc?
thanks
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Could you please add the below four technical indicators to the Cool Trade system.
1) Net Current Asset Value (NCAV) = Current Assets - total liabilities
2) Net-Net Working Capital (NNWC) = Cash and short-term investments + (0.75 * accounts receivable) + (0.5 *
inventory) - total liabilities
3) PEPG as indicator. PEPG is the P/E ratio divided by the average growth rate of EBITDA over the past 5 years
4) Intrinsic Value = Book Value + Future Earnings at Growth Stage + Terminal Value
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Could you please add the below Technical Indicator.
Net Cash = Cash and short-term investments - total liabilities
Thanks
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Could you add the below labeled as a Ben Graham formula on the Technical Indicator category.
Benjamin Graham’s Lost Magic Formula
1. A low multiple (e.g.,10) of the preceding year’s earnings;
2. A price equal to half the previous market high (“to indicate that there has been considerable shrinkage”);
3. Net Asset Value. (lowest price relative to book value)
4. PE Ratio of 7x-10x or less (Based on 2x current AAA bond rates);
5. Equity/Asset Ratio of .5 or more (e.g. Debt/Equity less than 1).
Thank You!
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I would like to second the motion for adding this indicator !
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would like to have 8 day SMA.
Thanks
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Requesting DEMA (Double Exponential Moving Average) indicator please.
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Hi, Could you please add indicators for "My same symbol Most Recent (Newest) Trade Price" And "My same symbol Least Recent (Oldest) Trade Price"
I wish to add to profitable positions that are the last trade in a profitable string and to add to the last losing position, after having also added to losing positions, that has become profitable as the price starts to move up again.
Thx
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https://cooltrade.org/TopActiveTrades.asp has the Top Active Trades report. Perhaps you can use this data and make it available to use in Tabs 2-5? For example, what if I had a rule that could do the following:
Top Active Trade count greater than 140
Top Active Trade Profit greater than 10000
Bruce Speidel
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I would like to see this added as well
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I would like to see this added as well
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I would like to see this added as well
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First let me say that CoolTrade is a very impressive and easy to use trading platform, providing a way to capture those fast market moves that are humanly impossible to take advantage of. I am very impressed; and anticipate upgrades/improvements that will make it even better.
For range-trading (position trading) we have to have/know the highest-high value and the lowest low value over a period of days, commonly 90, 60, 30, and 20 days.
Another simple but very powerful tool is the linear regression slope for the same periods above.
With these two indicators we can quickly find stocks that are range bound to ranges that fit our account size / amount of positions. The linear regression slope is much more efficient than the moving average to filter stocks that have a sideways or up trend pattern.
- John Nicholson
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Please add the Hull Moving Average indicator so that changes in it can be used for buy/sell rules. Even when looking at five minute interval daily charts in stocks like USO changes in the Hull Moving Average show excellent buy/sell points multiple times each day.
You can see an example chart that illustrates this point by going to this link:
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Sounds great
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Just curious, could you use a regular Moving Average to accomplish the same thing?
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The Hull Moving average is just another moving average that uses a different algorithm in the calculation. There are at least 30 different moving average calculations (that I am aware of) all of which produce different results.
So, in general one MA is not a substitute for another. Could you use a different one? Sure, but you will get different results.
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I’m trying to build a strategy using stochastics – by nature a stochastic is a percentage but the software will not allow a percentage to be input, only a dollar value. Ideally what I would like to do rather than just enter the Stoc to be equal to a certain percentage I would like to be able to enter a change in that percentage value – that is say the last 2 mins is increasing or decreasing.
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I can not connect to my brokerage account in trade king. I am instructed to contact trade king for a user key and a user secret. Trade King says I musst contact cool trade. We must have a conflict w.ith tk. Can I get some help?
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Hi
Can you add "Stochastic Momentum Index" to Cool Trade indicators?
Thank you Very much
Izabella
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I think it would be an excellent tool for us all to be able to quantify stocks that analyst have upgraded or downgrades their earnings number quarterly and yearly.
Thanks for considering
Dennis
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A request was brought up by our investment club to have a
feature added to Cool Trade that will allow us to dollar cost
average our inventory of shares.
This way we can sell them ALL once price has gone up sufficiently
enough so we may get rid of all the open orphan trades that are way
up at the top of the range.
A member of our investment club wanted me to 2nd the request as well:
Dear Ed & Mike,
I strongly 2nd this request!
If we have multiple positions on a given symbol at different entry levels,
it would be an advantage to average out those position’s in order to bring
down the average price. If it is at all possible to be able to right click on a
position and then be able to group those prior multiple positions into one
would be great!!
Thanks in advance for looking into this possibility,
Robert Fogel
305-970-4658
A Cool Trade User
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Please add % in Declining preferences
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AWESOME IDEA ..Please add
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Yes, please...
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Please add % in Declining preferences
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The PPO indicator would be completely new, I think I’d like to try that one.
ppo value
ppo value (-1 day)
ppo value (-2 day)
ppo signal line
ppo signal line (-1 day)
ppo signal line (-2 day)
I think that the MACD (12,26,9) Histogram values would be nice too.
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I was having some difficulty with CCI & Williams %R, but I have those worked out.
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I would like to have my trades close by technical indicator conditions.
I wish I could group 2 rules as a single requirement for closing trades, and also be able to have more than 1 set of 2 rules that are bound.
Rather than only having the binary: (ALL Rules are met) or (Any of the rules are met)
it could be like: if these 2 rules are met or these 2 rules are met or these 2 rules are met, etc...
If
this and this
or
this and this
or
this and this.................like this:
if
(macd value greater than signal line) and (macd value is less than macd value -1Day)
or
(CCI (14) -1 day is Greater than 200) and (today’s last price is less than yesterday’s close price)
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can we get a historical data indicator that would look like this:
Yesterday’s (Open+Close)/2
??
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If I had that one and the MACD histogram values, I would be happy.
Also, the CCI comparison doesn’t work right when you compare it to values instead of other history.
for instance, If I scan for stock with a CCI(20) less than -100 it returns stocks with values greater than -100
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I really wish this one worked right, I would like to be buying on the CCI(20) -100 crossover...please fix.
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I would like to see a new rule that would be on the right side of the open position rules that would be-- my same symbol lowest low since last trade. If there is a rule which is already there that would accomplish this please let e know. Thanks
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I would like to see a new rule that would be on the right side of the open position rules that would be-- my same symbol lowest low since last trade. If there is a rule which is already there that would accomplish this please let e know. Thanks
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I would like to see a new rule on the open new position right side rule box that would read as follows: todays same symbol lowest low since last trade.
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I’d like to see "today’s open price" as an option in the watch list on the right side, (i.e. today’s open price is .01 greater than yesterday’s close price.) It’s part of the open new position and add to position screens already, but it’s not available on the watch list rules. Thanks!
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Enhancement request
Implement the the ability to select or deselect specific sub-sectors.
Description:
Currently there is no ability to select or deselect that a specific sub-sector be included or excluded from in the results returned by the filtering mechanism, which is not granular enough. For example, if the Basic Materials were allowed then the search results would include Oil companies. There is no way to exclude oil companies while still getting other industries’ stock.
Under the current mechanism if the user did not want to oil company stocks included in any of the list they would need to be manually excluded.
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I have re-posted this request in the Strategy section where I should have posted it. If you are going to reply please do so in that thread
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I would like all the rules in the open position rules to be available in the watch list rules. You can copy from watch list to open positions but not the other way.
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Hello Ed, and the CT Team
This is a message for Ed and the CT Team.
I guess a lot of people using CT do not want to stay all in when the market falls through the floor. Sorry Ed, but i think this would be true for at least some.
Thus i thought an Advance/Decline Line indicator would help.
The idea behind the advance decline line is simple.
When the line falls below the S&P100, or NASDAQ or similar index, then it is indicated to exit trades and discontinue trades till the market recovers.
This is how the advance decline line it measured (using the S&P100 as an example):
- The line is created by adding each day how many S&P100 stocks closed with the price going up.
- If 60 stocks were up, the +60 is added to the line.
- The index is compared to the advance decline line, and when the line falls below the index then it is a good time to exit long trades and stop trading.
Can you please advise if this is something you’d be interested to add to the CT functionality?
Please answer a yes or no.
And if yes, then what is your timeline? How many days till you estimate that you’ll start this indicator?
I’m looking forward to your help.
Thank you
schorizons
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-----------------"quote"------------------
- The line is created by adding each day how many S&P100 stocks closed with the price going up.
-----------------"quote"------------------
This should be:
- The line is created by adding or subtracting each day how many S&P100 stocks closed with the price going up or down
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Hello Ed,
Please add Stochastic RSI indicator.
Thank you,
Steve
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I have been trading stocks from the "Top Stocks For CoolTrade Active Traders" list. Some of those stocks are no longer near the top of the list. I want to stop trading the old ones and add new stocks from near the top of the current list. Since some of the old positions have a loss right now, I don’t want to just manually sell them and take the loss.
Any suggestions?
Thanks, Jim
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Hi could you add 150 day sma and 8 day sma and also to intraday as well thanks wade
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Hi could you add 150 day sma and 8 day sma and also to intraday as well thanks wade
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Hi could you add 150 day sma and 8 day sma and also to intraday as well thanks wade
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Hi could you add 150 day sma and 8 day sma and also to intraday as well thanks wade
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Hi could you add 150 day sma and 8 day sma and also to intraday as well thanks wade
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3day moving average of the Forced index is less than 0.
13 day moving average of the forced index is greater than 0
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is it be possible to get a FORCE INDEX indicator added to the rules?
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is it be possible to get a FORCE INDEX indicator added to the rules?
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3day moving average of the Forced index is less than 0.
13 day moving average of the forced index is greater than 0
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Ed,
Could you add the indicator for Keltner Channels?
I also would like to be able to screen out retail establishments on the watchlist tab if that would be possible.
Thanks.
Peter Van Keuren
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Is anyone using the new indicators that Ed introduced on July 8? Is there any feedback?
Thanks,
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