All about Intelliscript

MoneyTec Forums Tools of the Trade All about Intelliscript

This topic contains 6 replies, has 1 voice, and was last updated by  Fxfix 1 year, 7 months ago.

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  • #1270

    mgnichols
    • 0

    I’m attempting to write an alert in Intelliscript, but having difficulty achieving specific objectives. Does anyone know if there is a site that has various trading models already written for Intelliscript? Also, how would you write an alert to trigger based upon a decline in ADX? Thanks for your assistance.

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    #1271

    glennki
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    I’ve also been trying to gather some sample IntelliScript code. There’s not much in the Help.

    I’ve attached a ZIP file with 2 Word docs – one has all the IntelliScript Help I could gather from the app and the web site, and the other a bunch of sample code bits scavenged from the forums.

    They helped me get on top of the IntelliScript syntax. Now I’m trying to write some scripts that work. Funny enough, I’ve had better than expected TEST results using a 5/20 EMA cross on the hourly, with some filters built in.

    I’m trying to sort out the risk management and build in some additional criteria to filter out the whipsawing as seen over the past 10 days, and cross check with other timeframes. If you have the patience to sit out until there’s some trending, and take the signals in the macro-tend direction (daily) it’ll make fair returns, but MAs always have late signals.

    I think that some effective systems could be coded using the Schaff triggers if you have the Schaff Desktop version. But I’m still learning and testing….

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    #1272

    mgnichols
    • 0

    Thanks Glennki for your reply. Your absolutely correct about the information out there being limited. I too have been wotking with a MA cross and adding additional filters. One of he filters I would like to add is to have a signal generated when ADX is rising. However I have yet to determine how to write such a function in Intelliscript format. Even emailed the company, “Computrade” to see if they had a website with additional trading models, but have yet to get a response.

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    #1273

    ryang
    • 0

    Hi mgnichols

    what about a bit of code that finds out whether ADX value[0] is greater than x bars ago?

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    #1274

    pipsqueak4x
    • 0

    I have been sent to the MoneyTec forums by FXtrek Customer Service to search for assistance in putting some Intelliscript together. It is more complicated than programming crosses and I don’t have that experience. Can you recommend an individual with Intelliscript programming who can assist as a private contractor? I am an experienced trader but not with programming. I am new to Moneytec as well. Your assistance is appreciated.

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    #1275

    TraderABC
    • 0

    Very Easy.
    If you are looking at decline over two bars then it would be

    IF (ADX[0](Close, 14, 14) < ADX[1](Close, 14, 14)) Then
    ADXDecline=1
    Else
    ADXDecline=0
    ENDIF

    Over 3 bars
    IF (ADX[0](Close, 14, 14) < ADX[1](Close, 14, 14)) AND (ADX[1](Close, 14, 14) < ADX[2](Close, 14, 14)) Then
    ADXDecline=1
    Else
    ADXDecline=0
    ENDIF

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    #1276

    Fxfix
    • 0

    Intelliscript looks sooo much easier to write than Metatraders.
    Which I can not do either.

    Is it possible for you to make a script that sends an alert when price is above the pivot?

    Cheers!

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