TheYangGuizi

DAX Expected High/Low

1092 vues
110
1092 5
Uses VDAX ( dax volatility index) to calculate the expected daily range of the Dax .
formula: http://daytrading.about.com/od/indicator...

Input the dax previous days close
and
This value: http://www.investing.com/indices/vdax
and
The indicator will do the rest
Supprimer des scripts favoris Ajouter aux scripts favoris
//@version=2
study("VDAX Expected High/Low", overlay=true)
VDAX= input(000.0000,title="VDAX")
Timeframe=input("D")
pdc = security(tickerid, Timeframe, close[1])
PREVDAYCLOSE= input(000.0000, title="Previous (Timeframe) Close")
//

sy = input(false, title="Show Previous (Timeframe) Close?")
plot(sy and pdc ? pdc : na, title="Previous Days Close", style=cross, linewidth=1, color=teal)


PERCENTDAILYRANGE= VDAX/20
POINTSAILYRANGE= (PREVDAYCLOSE/100)*PERCENTDAILYRANGE
EXPECTEDHIGH=PREVDAYCLOSE+POINTSAILYRANGE
EXPECTEDLOW= PREVDAYCLOSE-POINTSAILYRANGE

plot(EXPECTEDHIGH, color=red,style=linebr,title="Expected High")
plot(EXPECTEDLOW, color=green,style=linebr,title="Expected Low")
plot(avg(EXPECTEDHIGH,PREVDAYCLOSE), color=black,style=circles,title="Average Expected High")
plot(avg(EXPECTEDLOW,PREVDAYCLOSE), color=black,style=circles,title="Average Expected Low")
plot(PERCENTDAILYRANGE, color=red,style=linebr,title="% (hide this if it messes up the auto scale)")
plot(POINTSAILYRANGE, color=red,style=linebr,title="P DR (hide this if it messes up the auto scale)")
What kind of platform do you use for this script? Because I get errors when I paste the script in it.

Thanks in advance.
Répondre
beursadviezen beursadviezen
I use MT4-platform
Répondre
Nice script. Does it work with DAX only? I'd like to change exchange and stock.
Répondre
TheYangGuizi MikhailOzone
This formula might work for both dax and ES, other than that I don't know. Found it here: https://futures.io/331401-post6.html
Just copy/paste into pine editor and add to chart. Then enter vix close and es close.

study("VIXDAXES Expected High/Low", overlay=true)

//more info: https://futures.io/331401-post6.html
ES_Close= input(22.0100,title="ES Close")
VIX_Close= input(22.0100,title="VIX Close")

expectedpricechange = (VIX_Close/16) * (ES_Close/100)
rangehigh = ES_Close + expectedpricechange
rangelow = ES_Close - expectedpricechange


plot(rangehigh, color=red,style=linebr,title="Expected High")
plot(rangelow, color=green,style=linebr,title="Expected Low")

Basically you need prev day close + some sort of volatility value for what your trading.
Répondre
TheYangGuizi MikhailOzone
I dunno, I haven't tried it for something else. I think you would have to adjust the valuesto fit the indice etc you want to trade. This formula might work for ES and perhaps more: https://futures.io/331401-post6.html
Répondre
Accueil Filtre d'actions Filtre Forex Filtre Crypto Calendrier économique Comment ça marche Caractéristiques du graphique Prix Règles de conduite Modérateurs Solutions site web & courtier Widgets Solutions de cartographie Obtenir de l'aide Demande de fonctionnalité Blog & News Questions Fréquentes Wiki Twitter
Profil Paramètres du Profil Compte et Facturation TradingView Coins Mes tickets au support Obtenir de l'aide Idées Publiées Suiveurs Suivi Messages privés dialogue en ligne Se Déconnecter