This video covers several advanced RTL-based questions and answers, including how to access tokens for ticker symbols and periodicity, sending parameters to a custom indicator or signal, expanding the size restrictions on RTL syntax, and more.
This video demonstrates how to identify a stochastic crossover as well as how to only identify the first crossover after moving above the 50 line.
RTL is the Investor/RT Language, a formula language for composing trading signals, custom indicators, and scans. RTL is an end user language, designed to be used by those with little or no programming skills. RTL is used to write a formula. A formula may be a true/false condition, e.g. CLOSE < MA, that determines whether some condition is true or not for each bar (a signal) or the last bar (a scan). A formula may compute an arithmetic result, called a custom indicator. For example: MA ( HIGH - CLOSE ) computes a moving average of how far an instrument closes from its high. As you can see, RTL is more expressive, simpler, and easier to use than other market data languagues.
Several tokens (or elements) in RTL return textual strings. These tokens include:
This video demonstrates how to add the Initial Balance as well as Initial Balance Multiples (IBH1.5, IBL2.0, etc) to multi-pane charts. It discusses how to add these both to day session and Globex session charts, as well as how to add to rangebar, volumebar, and tickbar charts.
This video demonstrates how to write signals that find higher price during lower volume and lower price during higher volume. It also shows how to quickly move these signals to other charts or create buttons to toggle the signal markers on/off.
This video describes how to code a signal which identifies the shooting star candlestick pattern.