Available translations

Dynamic Indicators

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A dynamic indicator is an indicator you define with a formula that is going to be calculated before the execution of the a cycle of the trading bot, directly at the trading bot process. This is in contrast to regular indicators that are pre-calculated in their own task / process, as part of a data mining operation.
Dynamic Indicators are defined at the trading system level, and they are a very simple concept, just a formula that you can write, accessing from there any information on the existing data structures (tradingEngine, tradingSystem, sessionParameters, charts) and calculating anything you want with that. The results of your calculations can then be used in conditions and formulas at any point of your trading system. You might define as many Dynamic Indicators as you need.
After Dynamic Indicators are calculated, then the Trading System is run and they all calculated values are gone. When the trading bot runs again, the same process is executed, again and again.
Dynamic Indicators are also useful when you want to test new indicators ideas without having to go through the process of creating an indicator inside a Data Mine. Data Mine indicators have the advantage that they can be plotted (if you create a plotter for them) and their output can be consumed by other indicators or trading systems / strategies.
Dynamic Indicators Menu
The Dynamic Indicators node has the following Node Menu items:
The Add Indicator Function menu item has the following properties:
  • action: Add UI Object
  • label: Add Indicator Function
  • actionFunction: payload.executeAction
  • actionProject: Visual-Scripting
  • relatedUiObjectProject: Foundations
The Delete menu item has the following properties:
  • action: Delete UI Object
  • actionProject: Visual-Scripting
  • askConfirmation: true
  • confirmationLabel: Confirm to Delete
  • label: Delete
  • iconPathOn: delete-entity
  • iconPathOff: delete-entity
  • actionFunction: payload.executeAction
Dynamic Indicators Children
The Dynamic Indicators node has the following childrenNodesProperties:
The Indicator Functions node property features the following properties:
  • name: indicatorFunctions
  • type: array
  • autoAdd: true
Dynamic Indicators Attaching Rules
The following are the Node Attaching Rules that govern the attachment of Dynamic Indicators with other nodes:
Compatible Types: