MaxMin Bands free

by qualitiedx2 in category Other at 16/05/2012

This indicator is used to visualize the lowest Low and the Highest High for the last X bars. You can use it effectively to calculate the value of the Trailing Stop of your orders.

MaxMin Bands

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Formula / Source Code
Language: C#
Trading Platform: cAlgocTrader
using System;
using cAlgo.API;
using cAlgo.API.Indicators;

namespace cAlgo.Indicators
    [Indicator(IsOverlay = true, AccessRights = AccessRights.None)]
    public class NewIndicator : Indicator
        [Parameter(DefaultValue = 5)]
        public int period { get; set; }

        [Output("Maxband" , Color = Colors.Blue)]
        public IndicatorDataSeries maxband { get; set; }
        [Output("Minband", Color = Colors.Red)]
        public IndicatorDataSeries minband { get; set; }
		double lower;
		double higher;

        public override void Calculate(int index)
			lower = MarketSeries.Low[index];
			higher = MarketSeries.High[index];
			for (int i=0;i<period;i++)
					lower = MarketSeries.Low[index-i];
					higher = MarketSeries.High[index-i];

hermoso - July 23, 2012 @ 18:42

Hello, tks a lot for this code. I having a problem here. How do i call custom indicators inside my robot? I dont know hot to initialize this. tks