Mathew

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Viewing 6 posts - 76 through 81 (of 81 total)
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  • in reply to: Scripting function help. #44107
    Mathew
    Mathew
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    Hi Colin,

    You’re right, we are not explaining some of these function because we’ve used them for 20 years without thinking about them. We’ll see what we can do about filling in documentation for things like this.

    In the mean time, TrueRange is a concept that Wells Wilder came up with. It is the value that is being averaged in an Average True Range (ATR). Normally we consider the range of the day to be the High – Low. Wilder wanted to have a value that also considered any overnight gaps in the data, so he came up with the True Range. It is the greater of the following three:

    Today’s High – Yesterday’s Close
    Yesterday’s Close – Today’s High
    Today’s High – Today’s Low

    So all three are calculated and the greatest value used for the value.

    Hope that helps

    Mathew

    in reply to: Tool Layer flexibility #44087
    Mathew
    Mathew
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    Hi Marcus,

    Thanks for taking the time to make these suggestions. We’ll add them to the development schedule but we have some really big items that we are working on at the moment so I don’t have an ETA for these.

    All the best

    Mathew

    in reply to: Poly Line Labels #41527
    Mathew
    Mathew
    • Topics: 16
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    You’ll be pleased to know that the next update already solves the range label in the middle of the swing. We’ve also already added the percentage change. This update is scheduled for Beta release in late October .

    msft

    in reply to: Poly Line Labels #41523
    Mathew
    Mathew
    • Topics: 16
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    Hi Thomas,

    Thank you for all the suggestions that you have been making. I’m sorry that we have not responded sooner. Now that I have finished teaching the CMT course at learn.optuma.com, I’ll be going through all of these.

    All the best

    Mathew

    in reply to: WEB BASED OPTUMA VERSION #41519
    Mathew
    Mathew
    • Topics: 16
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    Hi Aaron,

    Thanks for your suggestion and your support of what we are doing. We are currently looking at options like Paperspace.com that give a windows pc in the cloud. There are some limitations –  like lag when placing indicators – but it does look very promising.

    The costs are around $15 per month, but then you can access this private PC from anywhere on any device. If you want to give it a go, please let us know.

    All the best

    Mathew.

    in reply to: Volume Profile Indicator #39263
    Mathew
    Mathew
    • Topics: 16
    • Replies: 1,035
    • Posts: 1,051

    Hi,

    This is not something that can be done in scripting. The issue is that we need to be able to access the intraday volume, divide the data into “blocks” to get the right volume at each price range. Then it is the display, we would need to use the same display that our Market Profile tools use and that is not something that scripting can build.

    Volume profiles are something that we are looking at as a built in function as they will be too hard to script. I can not guarantee that they will make the next major update as we are in heavy testing right now.

    All the best

    Mathew.

Viewing 6 posts - 76 through 81 (of 81 total)

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