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UltimateOscillator

Summary

The Ultimate Oscillator is a technical analysis oscillator based on a notion of buying or selling "pressure".

Remarks

It uses the weighted average of three different time periods to reduce the volatility and false transaction signals that are associated with many other indicators that mainly rely on a single time period.

Signature 

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public abstract interface UltimateOscillator

Namespace

cAlgo.API.Indicators

Examples

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 private UltimateOscillator ultimateOscillator;
 [Parameter("Cycle 1", DefaultValue = 7)]
 public int Cycle1 { get; set; }
 [Parameter("Cycle 2", DefaultValue = 14)]
 public int Cycle2 { get; set; }
 [Parameter("Cycle 3", DefaultValue = 28)]
 public int Cycle3 { get; set; }
 [Output("Main", Color = Colors.Green)]
 public IndicatorDataSeries Result { get; set; }
 protected override void Initialize()
 {
     ultimateOscillator = Indicators.UltimateOscillator(Cycle1,Cycle2,Cycle3);
 }
 public override void Calculate(int index)
 {
     Result[index] = ultimateOscillator.Result[index];
 }

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 using cAlgo.API;
 using cAlgo.API.Indicators;
 namespace cAlgo.Robots
 {
     // This sample cBot shows how to use the Ultimate Oscillator indicator
     [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
     public class UltimateOscillatorSample : Robot
     {
         private double _volumeInUnits;
         private UltimateOscillator _ultimateOscillator;
         [Parameter("Volume (Lots)", DefaultValue = 0.01)]
         public double VolumeInLots { get; set; }
         [Parameter("Stop Loss (Pips)", DefaultValue = 10)]
         public double StopLossInPips { get; set; }
         [Parameter("Take Profit (Pips)", DefaultValue = 10)]
         public double TakeProfitInPips { get; set; }
         [Parameter("Label", DefaultValue = "Sample")]
         public string Label { get; set; }
         public Position[] BotPositions
         {
             get
             {
                 return Positions.FindAll(Label);
             }
         }
         protected override void OnStart()
         {
             _volumeInUnits = Symbol.QuantityToVolumeInUnits(VolumeInLots);
             _ultimateOscillator = Indicators.UltimateOscillator(7, 14, 28);
         }
         protected override void OnBar()
         {
             if (_ultimateOscillator.Result.Last(1) > 70 && _ultimateOscillator.Result.Last(2) < 70)
             {
                 ClosePositions(TradeType.Buy);
                 ExecuteMarketOrder(TradeType.Sell, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips);
             }
             else if (_ultimateOscillator.Result.Last(1) < 30 && _ultimateOscillator.Result.Last(2) > 30)
             {
                 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);
             }
         }
     }
 }

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 import clr
 clr.AddReference("cAlgo.API")
 from cAlgo.API import *
 class Test():    
     def initialize(self):
         # Cycle1, Cycle2, and Cycle3 are parameters defined in C# file of indicator
         self.ultimateOscillator = api.Indicators.UltimateOscillator(api.Cycle1, api.Cycle2, api.Cycle3)
     def calculate(self, index):
         # Result is an output defined in C# file of indicator
         api.Result[index] = self.ultimateOscillator.Result[index]

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 import clr
 clr.AddReference("cAlgo.API")
 # Import cAlgo API types
 from cAlgo.API import *
 # Import trading wrapper functions
 from robot_wrapper import *
 class UltimateOscillatorSample():
     def on_start(self):
         self.volumeInUnits = api.Symbol.QuantityToVolumeInUnits(api.VolumeInLots)
         self.ultimateOscillator = api.Indicators.UltimateOscillator(api.Cycle1, api.Cycle2, api.Cycle3)
     def on_bar_closed(self):
         if self.ultimateOscillator.Result.Last(0) > api.UpValue and self.ultimateOscillator.Result.Last(1) < api.UpValue:
             self.close_positions(TradeType.Buy)
             api.ExecuteMarketOrder(TradeType.Sell, api.SymbolName, self.volumeInUnits, api.Label, api.StopLossInPips, api.TakeProfitInPips)
         elif self.ultimateOscillator.Result.Last(0) < api.DownValue and self.ultimateOscillator.Result.Last(1) > api.DownValue:
             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)

Properties

Result

Summary

Gets the resulting time series of the Ultimate Oscillator indicator calculation.

Signature 

1
public abstract IndicatorDataSeries Result {get;}

Return Value

IndicatorDataSeries

Examples

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 public override void Calculate(int index)
 {
     double result = ultimateOscillator.Result[index];
     //...
 }

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 def calculate(self, index):
     result = self.ultimateOscillator.Result[index]