The new features included in this latest September version make this package the perfect tool for the analysis and design of new Trading Strategies.
As we saw in previous notes, the Markers Plus package "The Force", in addition to its well-known automation module, includes a series of tools that allow you to create signals, filters, and even, as we will see, dedicated indicators.
Among the main tools we find:
Markers Copy: Copy the value of any line painted by any indicator in a Markers variable
Markers Crossover: It allows us to detect distances between two variables (that is, lines that we have previously copied) and paint signals when a crossing occurs.
Markers Slope: It allows us to calculate the slope of any line of any indicator and paint signals when the slope changes sign
Markers And: It allows us to define a series of rules (the quantity is unlimited), and when they are fulfilled, you can paint a signal, or enable a filter
Markers Or: Same as before, but only when one of the conditions is met.
Markers Paint: It allows drawing a line in the chart using as a data source, a mathematical expression using variables, numbers and candle values (high, low, opening, closing)
The novelties of this version are precisely the ability to make algebraic calculations in the input parameters of Crossover, And, Or and Paint.
For example, if we use Copy to copy the value of an HMA in the myhma variable and another Copy to copy the value of the ATR in the myatr variable then we can:
Use Markers Paint to paint the line myhma + myatr * 2
Use Crossover to detect the cross between close0 and myhma + 2
Use And to create a filter that rewards buying if myhma> myhma [1]
Markers Internal Variables
We always have available the following variables followed by a number indicating the candle to which we refer, 0 being the current candle, 1 the previous one, etc.
- close0, close1, close2, ... closeN (the closing of the candle in position N)
- open0, open1, open2, ... openN (the opening of the candle)
- high0, high1, high2, ... highN (the maximum of the candle)
- low0, low1, low2, ... lowN (the minimum of the candle)
- vol0, vol1, vol2, ... volN (the volume of the candle)
In addition, any variable in which we copy a line of an indicator (for example myhma) allows us to obtain the value in the current candle using only the name; myhma, as well as N candles back using myhma[N]
The following video shows several examples:
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