Climactic Distance

Description

The Climactic Distance indicator was invented and developed by Gilbert Kreuzthaler, CEO of Include IT GmbH and founder of AgenaTrader.com. This indicator is used in the Location Point Trading system. It calculates the median course of the current and historical candle at a distance to the simple moving average (SMA) of the last 20 periods. Additionally, it also measures the average course deviation within the last 80 periods. If the median course exceeds the top or bottom course deviation, the market is deemed climactic, and this influences the trading decisions made in Location Point Trading.

Calcualtion

Black line in the middle: SMA 20 Green moving line: Median Kurs Red upper and lower line: Average course deviation oft he last 80 periods.

More information

https://www.facebook.com/Location-Point-Trading-344217482287592/?fref=ts

Usage

ClimacticDistance(int sMAPeriod, int thresholdPercent)
ClimacticDistance(IDataSeries InSeries, int sMAPeriod, int thresholdPercent)
ClimacticDistance(int period, int tresholdPercent, Color climacticColor)
ClimacticDistance(IDataSeries InSeries, int sMAPeriod, int thresholdPercent, Color climacticColor)
//Upper band
ClimacticDistance(int sMAPeriod, int thresholdPercent).Upper[int barsAgo]
ClimacticDistance(IDataSeries InSeries, int sMAPeriod, int thresholdPercent).Upper[int barsAgo]
ClimacticDistance(int period, int tresholdPercent, Color climacticColor).Upper[int barsAgo]
ClimacticDistance(IDataSeries InSeries, int sMAPeriod, int thresholdPercent, Color climacticColor).Upper[int barsAgo]
//Lower band
ClimacticDistance(int sMAPeriod, int thresholdPercent).Lower[int barsAgo]
ClimacticDistance(IDataSeries InSeries, int sMAPeriod, int thresholdPercent).Lower[int barsAgo]
ClimacticDistance(int period, int tresholdPercent, Color climacticColor).Lower[int barsAgo]
ClimacticDistance(IDataSeries InSeries, int sMAPeriod, int thresholdPercent, Color climacticColor).Lower[int barsAgo]

//MovingAverage
ClimacticDistance(int sMAPeriod, int thresholdPercent).MovingAverage[int barsAgo]
ClimacticDistance(IDataSeries InSeries, int sMAPeriod, int thresholdPercent).MovingAverage[int barsAgo]
ClimacticDistance(int period, int tresholdPercent, Color climacticColor).MovingAverage[int barsAgo]
ClimacticDistance(IDataSeries InSeries, int sMAPeriod, int thresholdPercent, Color climacticColor).MovingAverage[int barsAgo]
//Distance
ClimacticDistance(int sMAPeriod, int thresholdPercent).Distance[int barsAgo]
ClimacticDistance(IDataSeries InSeries, int sMAPeriod, int thresholdPercent).Distance[int barsAgo]
ClimacticDistance(int period, int tresholdPercent, Color climacticColor).Distance[int barsAgo]
ClimacticDistance(IDataSeries InSeries, int sMAPeriod, int thresholdPercent, Color climacticColor).Distance[int barsAgo]

Return value

double

Parameters

Int

Visualization

Climactic Distance

Example

//Output of the value for the Upper climactic distance line
Print(“Value of the upper band: “ + ClimacticDistnance(20, 80).Upper[0]);
//Output of the value for the Lower climactic distance line
Print(“Value of the upper band: “ + ClimacticDistnance(20, 80).Lower[0]);
//Output of the value for the Distance climactic distance line
Print(“Value of the upper band: “ + ClimacticDistnance(20, 80).Distance[0]);
//Output of the value for the Moving Average climactic distance line
Print(“Value of the upper band: “ + ClimacticDistnance(20, 80).MovingAverage[0]);