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Custom indicators made using Rule Manager

Posted: Sun Dec 18, 2022 8:24 pm
by Tomasz Kot
It would be great if we could make custom indicators using Rule Manager.
I think, technically there is everything already prepared in Rule Manager to fuel custom indicator, we would just need any output to the chart.

At first even basic label on the chart would be helpul.
And if later there could be some options to plot it on the chart (price chart/oscillator chart) that would be perfect.

Re: Custom indicators made using Rule Manager

Posted: Thu Feb 02, 2023 3:36 pm
by NakedMarkets
We agree that it would be great for users to be able to make custom indicators without coding.
However, we are afraid that it's not possible so easily.

For example, for an easy and popular indicator like RSI, how the user could tell the software to calculate the Average gains and loss ? (example here)
There is so many ways to design and calculate custom indicators that it is very hard to do it 100% graphically.
Designing the way the indicator will draw is the easy part, the hardest part is the calculation unfortunately.