This topic contains 1 reply, has 2 voices, and was last updated by 
Matthew 1 month, 2 weeks ago.
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Posts
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Hi,
I’ve been trying to code the Supertrend indicator (similar to WVS()) but havent been able to complete this. This is my code so far:
varup1 = ((high()+low()) / 2) + 3*atr();
varup2 = ((high(OFFSET=1)+low(OFFSET=1)) / 2) + 3*atr();
vardown1 = ((high()+low()) / 2) – 3*atr();
vardown2 = ((high(OFFSET=1)+low(OFFSET=1)) / 2) – 3*atr();
finalup = if((varup1 < varup2) AND close(OFFSET=1) < (I’m getting stuck from here)
plot1 = var1;
plot2 = var2;
The Original Rules
BASIC UPPERBAND = (HIGH + LOW) / 2 + Multiplier* ATR
BASIC LOWERBAND = (HIGH + LOW) / 2 – Multiplier* ATR
FINAL UPPERBAND = IF ((Current BASIC UPPERBAND< Previous FINAL UPPERBAND) and (Previous close < Previous FINAL LOWERBAND)) THEN (Current BASIC LOWERBAND) ELSE Previous FINAL LOWERBAND)
FINAL LOWERBAND = IF( (current BASIC LOWERBAND > Previous FINAL LOWERBAND) and (Previous Close < Previous FINAL LOWERBAND) ) THEN (Current BASIC LOWERBAND ) ELSE Previous FINAL LOWERBAND )
SUPERTREND = IF (Current Close <= Current FINAL UPPERBAND) THEN current FINAL UPPERBAND ELSE Current FINAL LOWERBAND
any help would be appreciated. I’m stuck on the Final Upper/Lowe Bands.
cheers
Mandeep
Hi Mandeep,
This tool uses two recursives within a single function which is not compatible with our scripting language at this time. To achieve this in Optuma you would need to code it in the Pascal based custom tool programming module.
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