JAM HT Pack (Free Edition)

The JAM HT Pack (Free Edition) contains a Simple Moving Average (SMA) indicator that calculates and displays an SMA from a higher bar interval chart/RadarScreen on a lower bar interval chart/RadarScreen.  No multiple datastreams, no DLLs, no approximations.  The JAM HT Avg Simple indicator is a single, simple indicator that does an EXACT calculation of a higher bar interval SMA on a lower bar interval chart. 

As an example, this is a 60 tick chart of Google with the JAM HT Avg Simple Indicator applied.  The input to the indicator tells it to calculate and display a 240 tick SMA and that's what it is doing:

If you compare it against TradeStation's 'Mov Avg 1 Line' (SMA) indicator on a 240 tick chart you can see that the values are the same:

In the two places picked out (marked in green and cyan) the moving average values are identical.  These values are identical from the first bar to the last, on historic bars and on live bars.

The JAM HT Avg Simple indicator works for tick, minute, daily, weekly, monthly and yearly chart intervals.  (The calculation is approximate for volume charts because of the way TradeStation calculates volume bars).  It can display a minute based moving average on a tick chart, a daily moving average on a minute chart, and weekly, monthly or yearly moving averages on a daily chart.  No slow and complicated DLLs.  No multi-timeframe charts to mess up your chart format.  JAM HT Avg Simple is just a simple (but very clever) indicator.

     Download JAM HT Pack (Free Edition) v2.4

     Download JAM HT Pack (Free Edition) documentation v2.4

Note that v2 is somewhat different from v1.  If you have previous installed v1 then please read the documentation before installing v2.

If you like the JAM HT Avg Simple indicator then please have a look at the complete JAM Higher Timeframe Pack.  This pack contains a number of other higher timeframe indicators than can be used in the same way.  For programmers, functions are also available so that you can calculate the higher bar interval values from your strategies.  This allows you to work with multiple-interval tick charts in one strategy and to use IntrabarOrderGeneration (IOG) with multiple timeframes.

Week Function

TradeStation comes with a DayOfWeek function to tell you the day number (0=Sun, 1=Mon etc) and a Month function to tell you the month number (1=Jan, 2=Feb etc) but it doesn't have a Week function.  This may seem like an oversight, but there is method in their madness.  Defining what a week is and what the week number is can be incredibly complex, and many countries around the world have different standards.  But for most traders I don't think these subtle distinctions are important.  Below is a Week function that tells you the week number (1-52).  It can be used to do week-by-week analysis, or can simply be used like this...

     if Week(date) <> Week(date)[1] then ... 

This detects if the current bar is the start of a new week.  If your symbols starts on a Sunday then that is the start of the new week.  If your symbol starts on a Monday then that is the start of a new week.  If there are any holidays in-between (either on Friday or Monday etc) then that will be taken into account and a new week will still be successfully detected.

     Download Week function (only for TS8 and above)

Someone else has also posted a week function on the TradeStation forums that uses the ISO standard.  However, I don't think the ISO standard is good for Traders and my version is more useful.  Here is a link to the other version.

Free stuff I've posted on the TradeStation Forums

I will post links as I have time.

I have also made extensive contributions to TradeStation's Trader Wikis.