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Markplex Output Indicator To Text File

The document provides steps to modify a TradeStation indicator to output data to both the print log and a text file. 1) The indicator is modified to output formatted date, average price values, and print them to the print log for viewing. 2) The indicator is further modified to print a title row and output the same data to a text file, separating values with semicolons. 3) Opening the output text file in Excel allows the data to be imported into a spreadsheet for analysis and formatting.

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149 views

Markplex Output Indicator To Text File

The document provides steps to modify a TradeStation indicator to output data to both the print log and a text file. 1) The indicator is modified to output formatted date, average price values, and print them to the print log for viewing. 2) The indicator is further modified to print a title row and output the same data to a text file, separating values with semicolons. 3) Opening the output text file in Excel allows the data to be imported into a spreadsheet for analysis and formatting.

Uploaded by

fredtag4393
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Markplex Output Indicator to Text file

Step 1

The following shows a daily chart with the TradeStations Mov Avg 3
Lineindicator added.

Step 2

In order to create the same plot and capture information to the print log
open a new EasyLanguage window (see tutorial 1 or 2 for more details)
and enter the following:

1
When you have finished, click the green arrow on the icon bar at the top
of the screen to verify the EasyLanguage document (alternatively, you
can press the F3 key or click Tools Verify.) Having done so, apply the
new indicator to an open daily chart (to do so press ALT C). Having
applied the indicator, click Format Analysis Techniques and select
the indicator name that you have just created and inserted into the
chart. Click the Format button and make sure that the Update Value
Intrabar is not selected. This will ensure that the information is not
reprinted every tick.

Having applied the indicator, make sure View EasyLanguage Output


Bar is selected. Under the chart you should see an area with 3 tabs.
Select PrintLog and you should be able to see the information that you
have just specified in the indicator. It should look something like:

Date 1031104.00 Avg1 107.05 Avg2 107.23 Avg3 106.55

Notice that the date is in a strange EasyLanguage format. Year comes


first with 103 = 2003. Next comes month and finally day.

Step 3

In step 3 we will improve the formatting for the print log by modifying
the print line. See below:

If you make these changes you should see that the output now looks as
follows:

2
The change to the date is self explanatory. You should also notice the the
number of decimal places changes depending on the figure after the
second colon. For example, Plot3:3:5 produces a number with 5 decimal
places.

It would be possible to simply copy and paste the information in the print
log into another program, such as Microsoft Excel, for analysis, however
in step 4 I will show you another approach to this.

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Step 4

Modify the indicator you have already created so that it matches the
following:

You will notice that I have added 2 new lines at the end of the indicator.
Before you verify this indicator, be sure to check that you have a C:temp
directory on your hard drive and that you DO NOT have a TestTemp.txt
file that you (or one of your programs) is using for another purpose. You
can modify the c:tempTestTemp.txt statement to create a file in the
place on your directory structure where you would like to place it.

The first new line prints a title line to the file when Currentbar = 1, i.e. it
only prints the titles once. The next line does pretty much what the print
line that we created earlier does, with 2 exceptions.

Firstly is print to a file (c:tempTestTemp.txt) rather than the print log.


Secondly, it add some semicolons between data items. You will see what
these do in the next few steps.

Step 5

Having made the changes described in step 4 and verified the indicator,
you should find that you have created a text file (c:tempTestTemp.txt).

To check this, open Microsoft Excel and open a file. Make sure that the
file type is set to .txt and that you are looking in the correct directory.
When you open the file, Excel should take you into a Test Import Wizard.
Follow through the steps and in Step 2, make sure that you select the
options as shown below.

4
Step 6

If you have done everything correctly you should see an Excel spreadsheet wit the following information contained
within it. Voila!

You can now analyze and format the data to your own requirements.

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