Click here to Login








AccuTrack Indicator

by Steven Sommer, 3814 days ago
Share |






AccuTrack Indicator: This is the QuantShare version of the AmiBroker script for the Investor's FastTrack AccuTrack indicator. Note this the AmiBroker version is not a perfect duplication of the actual Investor's FastTrack version which goes from -100 to +100. However, it is a very close approximation. This version uses a fast EMA period = 6 and a slow EMA period = 24.

The AccuTrack Indicator compares the performance of the active chart symbol to the performance of another "index" symbol. In this script, performance is compared to a cash proxy, SHY. You want to be long the active symbol when it is "outperforming" cash (AccuTrack > 0) and be short or in cash when the active symbol is "underperforming cash (AccuTrack < 0).

The plot of the standard AccuTrack() function is a bit mundane. I spiced up my display by plotting the chartBar version and making the color green when the Indicator is above 0 and plotted a black horizontal line at the Threshold = 0:

// Plot multicolor histogram with Green when AccuTrack > 0
plot(AT, 'AccuTrack', colorRed, ChartBar, StyleSymbolNone);
UpdateColor(AT > 0, colorGreen);
plot(0. 'Threshold', colorBlack, ChartLine, StyleSymbolNone);




Share This ->
Share |


You have to log in to bookmark this object
What is this?
Additional Information




Type: Trading Indicator

Object ID: 1483


Country:
All

Market: All

Style:
Technical Analysis

Reviews
You must log in first

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here


Related objects

Empty

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Technical Analysis


Fundamental Analysis



Random Blog Posts

Let QuantShare Manage your List of Securities

The Ultimate Guide to Create Trading Systems in QuantShare

QuantShare New Website Feature: Groups

QuantShare Trading Software: New Features in the 3.1.2 Version

Create Your Own Technical Stock Rating System

Speed Up Optimizations by Saving Ranking Data into a Custom Database

How to Calculate and Display the Bid/Ask Spread on a Chart

How to Backtest an Intraday Stock Trading System with EOD Ranking

Show All

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






QuantShare
Product
QuantShare
Features
Create an account
Affiliate Program
Support
Contact Us
Trading Forum
How-to Lessons
Manual
Company
About Us
Privacy
Terms of Use

Copyright © 2024 QuantShare.com
Social Media
Follow us on Facebook
Twitter Follow us on Twitter
Google+
Follow us on Google+
RSS Trading Items



Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.