RainbowOscillator
interface cAlgo.API.Indicators
DesktopCLICloud
Developed by Mel Widner, Rainbow Oscillator is based on multiple moving averages and helps to identify trends and provides overbought/oversold levels.
Definition
public interface RainbowOscillator
Namespace: cAlgo.API.Indicators · Group: Indicators · Implements: StandardIndicator
Examples
Example 1
//...
private RainbowOscillator rainbow;
//...
protected override void Initialize()
{
rainbow = Indicators.RainbowOscillator
(Bars.ClosePrices, 9, MovingAverageType.Simple);
//...
}
public override void Calculate(int index)
{
double result = rainbow.Result[index];
//...
}
import clr
clr.AddReference("cAlgo.API")
from cAlgo.API import *
class Test():
def initialize(self):
self.rainbowOscillator = api.Indicators.RainbowOscillator(api.Bars.ClosePrices, 9, MovingAverageType.Simple)
def calculate(self, index):
result = self.rainbowOscillator.Result[index]
Example 2
using cAlgo.API;
using cAlgo.API.Indicators;
namespace cAlgo.Robots
{
// This sample cBot shows how to use the Rainbow Oscillator indicator
public partial class RainbowOscillatorSample : Robot
{
private double _volumeInUnits;
private RainbowOscillator _rainbowOscillator;
private SimpleMovingAverage _simpleMovingAverage;
public Position[] BotPositions
{
get
{
return Positions.FindAll(Label);
}
}
protected override void OnStart()
{
_volumeInUnits = Symbol.QuantityToVolumeInUnits(VolumeInLots);
_rainbowOscillator = Indicators.RainbowOscillator(Bars.ClosePrices, 9, MovingAverageType.Simple);
_simpleMovingAverage = Indicators.SimpleMovingAverage(_rainbowOscillator.Result, 9);
}
protected override void OnBar()
{
if (_rainbowOscillator.Result.HasCrossedAbove(_simpleMovingAverage.Result, 0))
{
ClosePositions(TradeType.Buy);
ExecuteMarketOrder(TradeType.Sell, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips);
}
else if (_rainbowOscillator.Result.HasCrossedBelow(_simpleMovingAverage.Result, 0))
{
ClosePositions(TradeType.Sell);
ExecuteMarketOrder(TradeType.Buy, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips);
}
}
private void ClosePositions(TradeType tradeType)
{
foreach (var position in BotPositions)
{
if (position.TradeType != tradeType) continue;
ClosePosition(position);
}
}
}
}
import clr
clr.AddReference("cAlgo.API")
# Import cAlgo API types
from cAlgo.API import *
# Import trading wrapper functions
from robot_wrapper import *
class RainbowOscillatorSample():
def on_start(self):
self.volumeInUnits = api.Symbol.QuantityToVolumeInUnits(api.VolumeInLots)
self.rainbowOscillator = api.Indicators.RainbowOscillator(api.Bars.ClosePrices, 9, MovingAverageType.Simple)
self.simpleMovingAverage = api.Indicators.SimpleMovingAverage(self.rainbowOscillator.Result, 9)
def on_bar_closed(self):
if Functions.HasCrossedAbove(self.rainbowOscillator.Result, self.simpleMovingAverage.Result, 0):
self.close_positions(TradeType.Buy)
api.ExecuteMarketOrder(TradeType.Sell, api.SymbolName, self.volumeInUnits, api.Label, api.StopLossInPips, api.TakeProfitInPips)
elif Functions.HasCrossedBelow(self.rainbowOscillator.Result, self.simpleMovingAverage.Result, 0):
self.close_positions(TradeType.Sell)
api.ExecuteMarketOrder(TradeType.Buy, api.SymbolName, self.volumeInUnits, api.Label, api.StopLossInPips, api.TakeProfitInPips)
def get_bot_positions(self):
return api.Positions.FindAll(api.Label)
def close_positions(self, tradeType):
for position in self.get_bot_positions():
if position.TradeType != tradeType:
continue
api.ClosePosition(position)
{
"AccessRights": "None",
"TimeZone": "UTC",
"Parameters": [
{
"Name": "VolumeInLots",
"DisplayName": "Volume (Lots)",
"Type": "Double",
"DefaultValue": 0.01
},
{
"Name": "StopLossInPips",
"DisplayName": "Stop Loss (Pips)",
"Type": "Double",
"DefaultValue": 10
},
{
"Name": "TakeProfitInPips",
"DisplayName": "Take Profit (Pips)",
"Type": "Double",
"DefaultValue": 10
},
{
"Name": "Label",
"Type": "String",
"DefaultValue": "Sample"
}
]
}
Properties
| Name | Description |
|---|---|
ResultDesktopCLICloudIndicatorDataSeries | Gets the resulting time series of the Rainbow Oscillator indicator calculation. |
Inherited members
From StandardIndicator: AddToChart, Symbol, TimeFrame, Bars