The Thinking Stuff software is great for people who can't write code, or don't want to learn another programming language. The trading systems are set up with clicks of the mouse.
However, this means that you are limited to selecting from the rules that have already been coded for you. This page lists all such rules.
If you would like to use an indicator that is not listed here, or perhaps a new way of using an existing indicator, all you have to do is let us know what you want. Please use the
Contact Us page.
For people who want secrecy, yes, we can code your customised indicator and make it so nobody else has access to it. But it'll cost.
For people who don't care about secrecy (and if you read
this blog post of mine, really this should be everybody), we'll code whatever you want for free as long as everyone else can use it too.
Included in the list below are rules pertaining to two indicators I came up with myself. The first is the Average Pullback Histogram, explained
here. The second is the
Box Of Shark.
The list is broken up into "Rules" and "Values". Rules evaluate to True or False. You select as many rules as you like (1 or many), and these determine if something (entry, exit, trade management) will be done. The Values evaluate to a number, and determine at what price whatever it is will be done at.
In some of the descriptions you'll see "[OHLC]". This is because you can choose whether you want to use the Open, High, Low, or Close as the value to use in the calculation. There are also a couple like "[OHLC (Low)]" because I wanted to make it clear that the Low, in this case, would normally be used in that calculation.
Further on the [OHLC], the Simple Moving Average Rules are listed as "Close Above Simple Moving Average", "Low Above Simple Moving Average", etc. You might be wondering why there isn't just one entry that says "[OHLC] Above Simple Moving Average"? It's because when you select Open, High, Low, or Close for these particular rules, that selection will determine how the Simple Moving Average is calculated. So if you select "High", then effectively the rule will be "Close Above Simple Moving Average based on the High".