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TheRumpledOne
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Postby TheRumpledOne » Sun May 20, 2007 5:51 pm

WHO INVENTED THE MULTI FREQUENCY RADAR TECHNIQUE?

How to Access Multiple Data Streams in RadarScreen
Is there an equivalent notation to "Close of Data2" that works in RadarScreen? Let's summarize some of our recent forum discussion of this question.

Although there's no built-in method in RadarScreen to access multiple data streams, it is possible to perform calculations that involve multiple data streams using a TradeStation-compatible "global variable"-type dynamic-link library (DLL). Such a DLL provides a means to share information among analysis techniques running in different TradeStation windows, or among analysis techniques running in the same window. It allows for calculations like the following:

1) Calculations based on multiple bar intervals.

2) Spread calculations.

3) Relative strength calculations.

4) Correlation calculations.

As an example, let's review how one might approach displaying calculations based on various bar intervals. Here are steps one could follow to have values calculated based on 5, 15, 30, and 60-minute bars all displayed on the same 5-minute bar interval RadarScreen row.

a) Begin by creating two RadarScreen windows. In one, insert the desired ticker symbol, formatting it so that its bar interval is 5-minutes. In the second RadarScreen window, insert the same symbol three more times, formatting one row to have 15-minute bar interval, another row to have 30-minute bar interval, and a third row to have 60-minute bar interval.

No wonder the TREND INDICATOR thread has been blocked. I guess TradeStation didn't want people to know who created this technique in the first place!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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