PivotBuilder v1.5 released (new API add-on)
Thu, Oct 04, 2012, 11:18 AM
Post: #1
Exclamation PivotBuilder v1.5 released (new API add-on)
PivotBuilder Personal Trading Suite v1.5 features an all-new add-on, bringing the total to 7.

The original 6 add-ons include Indicator (visual component that helps you build a customized trading system), ShowMe (issues alerts based on your trading system conditions), and 4 strategy components (LE - Long Entry, LX - Long Exit, SE - Short Entry, SX- Short Exit) for back-testing, optimizing, and auto-trading your system. Verson 1.5 adds an API Function add-on that allows you to easily plug PivotBuilder into other (standard or thrid-party) add-ons with minimal programming experience.

Example: PivotBuilder integrated within the Relative Strength Index (RSI) oscillator - EUR/USD M1
The chart below shows PivotBuilder calculating and drawing lines based on the RSI curve. Since we're essentially gauging price momentum, the interaction of RSI-derived pivot lines often proves to be a leading indicator. When using the PivotBuilder API function, the integration of the two add-ons took less than 3 minutes. I'll make the PivotBuilder+RSI code available for download within the client section for those who may be interested in this hybrid setup.


Gray - RSI line (Period: 5), thick red - PivotBuilder's Trigger line, green - mid-pivot, thin red - upper pivots, blue - lower pivots, magenta - fast moving upper pivot, cyan - fast moving lower pivot, dotted yellow - RSI middle (50), overbought (70), oversold (30) limits.

Alerts can easily be programmed to issue signals based on interaction between any of the lines you see on the screen. You don't have to draw/use all lines, just the ones you need in your trading setup.

An in-depth tutorial addressing application and usage of the PivotBuilder API Function has been published and can be found on THIS PAGE. Version 1.5 framework is available as a free upgrade to all existing clients via PivotBuilder Downloads section.

If you are interested in purchasing PivotBuilder Personal Trading Suite, please visit the official store.

Marko Nikolic
Chief Developer and President
October 3, 2012, Toronto, Canada
reply


Related articles
Article: Author Last Post
Information PivotBuilder v4.0 released (Tick Delta) Marko Thu, Dec 17, 2015 07:14 PM
Last Post: Marko
  PivotBuilder v3.0 released (major upgrade) Marko Tue, Jun 30, 2015 04:32 PM
Last Post: Marko
  PivotBuilder v2.0 released (major upgrade) Marko Sun, Jan 25, 2015 07:12 PM
Last Post: Marko
  PivotBuilder v1.12 released (feat. Momentum oscillator) Marko Mon, Jul 21, 2014 01:35 PM
Last Post: Marko
  PivotBuilder v1.11 released (feat. Trend-Weighted MA) Marko Wed, Feb 19, 2014 02:58 PM
Last Post: Marko
Information PivotBuilder v1.10 released (feat. Linear Regression) Marko Tue, Oct 15, 2013 09:15 PM
Last Post: Marko
Information PivotBuilder v1.9 released (feat. Trailing Stop orders) Marko Sun, Jun 30, 2013 02:09 AM
Last Post: Marko
  PivotBuilder v1.8 Released (feat. Take Profit + Stop Loss) Marko Wed, Apr 03, 2013 04:14 PM
Last Post: Marko

Category Jump:


New Posts
New Posts
No New Posts
No New Posts
Locked
Locked
RSS Feeds