ProRealTime Users - Ideas & Experiences Exchange

Thanks

Please find ProRealTime platform manual (pdf file, attached to this post), and Elder ProRealTime Manual (can be downloaded from this link).

An Interview With ProRealTime

1. What is your name and position in the company?

Federica Parigi, Marketing and Communication Manager

2. What is your professional background?

Masters degree in marketing. Bachelor’s degree in Business & Economics. Previously I was a Marketing and Communication manager in an imaging software company.

3. Could you please describe the solutions your company offers for the Forex market?

ProRealTime.com offers one of the most complete web-based workstations. Traders can connect from any computer with internet access to access their personalized charts.
Flexibility, ease-of-use and innovation are our key to success.
Forex traders will appreciate having all the tools needed to trade the currency market in a unique workstation: charts with historical and intraday data, cutting-edge drawing tools for chartist analysis, market scans, backtesting and real-time customizable alerts. Hundreds of technical indicators are available in ProRealtime, but traders can also create custom indicators.
Lately, we have focused on developing breakthrough technology to reduce traders’ time and effort to analyze the market. The result is the ProRealTrend module, providing automatic support and resistance lines, including horizontal and oblique lines, for most securities and timeframes available in ProRealTime.
Moreover, with ProRealTime traders can always keep an eye on the global market thanks to our worldwide market coverage, including stocks, indices and futures.

4. What kind of training is needed in order to use your software?

ProRealTime is very intuitive and easy-to-use, and these are characteristics traders like very much in our workstation. Hence, no training is really required.
To help users go deeper in the software experience, we created online training sessions that members of our community can access for free. For whom who do not have time to attend online trainings, 56 video tutorials are available in English, French, Italian German and Spanish.
Users are free to create an account on our website to try out our workstation.

5. Who is your targeted audience?

Both beginners and experienced traders and investors.
Experienced traders find in ProRealTime all of the tools needed to analyze the market and put into practice their strategies. We actively listen to requests of our community, which we sometimes use to develop new features.
But ProRealTime is also a good choice for beginners or hobbyist traders, since access with end-of-day data is completely free. Video tutorials, help documentation and an intuitive interface certainly help beginners make their first steps towards trading in the financial markets.

6. Who are your main competitors in the Forex Software market?

Users that come to ProRealTime.com are mainly previous users of charting software offered by brokers or other premium charting services. They are looking for an independent and comprehensive workstation to replace or complete their current arsenal of tools for trading.

7. What are the main advantages you have over your competitors?

ProRealTime’s worldwide market coverage, its cutting-edge tools for chartist analysis and technical analysis and its ease of use certainly constitute the reason why a growing number of traders choose our solution. Besides, our competitive price structure makes ProRealTime the best value for the money.
Having a web-based platform, working on most operating systems, means that we can concentrate 100% of our development resources on it. As a result, we keep improving our product and services, more rapidly than if we had to develop for each OS.

8. What operating systems support your applications?

ProRealTime runs on Windows, Macintosh and Linux.
ProRealTime is very convenient for traders who want to use an operating system other than windows. Also, as it is web-based, users will appreciate being able to access personalized charts from different computers without having to download an application and redo the setup on a different computer.

9. What kind of support do you offer to your clients?

In order to provide clients with the most appropriate and complete answer in real-time, we make as many support resources as possible available on our website. Video Tutorials, online training, user manual and FAQ sections are constantly available for members of our community. But most important, our traders know that they can write to us for any matter and get an answer quickly from highly competent support person..
Programming support is also provided for real-time subscribers of ProRealTime.com. If a real-time subscriber is having trouble writing a customized indicator, backtest or market screening program, we offer a free programming help service via our website.

10. Would your software solutions work for beginners as well?

Yes. ProRealTime is an excellent choice for beginners: they can start analyzing financial markets with free access to end-of-day data. ProRealTime’s ease-of-use and flexibility make the beginning trader feel comfortable with the workstation. Then user can ask for a free trial with real-time and intraday charts, before deciding whether to go to the next step.

EUR/USD Elliott Wave Analysis

EUR/USD: Wave (B) ended at 1.5145 and wave I of (C) ended at 1.1876

As the single currency has continued to edge higher after holding above support at 1.3564, retaining our view that further consolidation above this level would be seen and another corrective bounce to 1.3677 and possibly 1.3700 cannot be ruled out, however, reckon resistance at 1.3734 would limit upside and bring another decline later. A break of said support at 1.3564 would bring retest of recent low at 1.3503, below there would extend recent selloff from 1.3993 top for a test of previous support at 1.3477, a daily close below this level would add credence to our view that the entire rise from 1.2042 (2012 low) has ended at 1.3993 and bring correction of recent upmove to 1.3390-00 but reckon support at 1.3295 should hold on first testing.

Our preferred count on the daily chart remains that a wave (II) from 1.2329 ended at 1.5145 with A-leg ended at 1.4720, followed by wave B at 1.2457, the wave C from there was also a 3 legged move and is labeled as (a): 1.3739, (b): 1.2885, the wave iii of the 5-waver (c) from 1.2885 has ended at 1.4339 and wave iv is a triangle ended at 1.3878 and wave v formed a top at 1.5145. The decline from there is a 5-waver (C) with minor wave (i) of I of (C) ended at 1.4218 with wave (ii) ended at 1.4580, wave (iii) ended at 1.3267 and wave (iv) ended at 1.3692 and wave (v) ended at 1.1876, this is also the low of wave I of (C) and wave II has possibly ended at 1.4940, hence wave III is now in progress with a diagonal wave 1 ended at 1.2042, wave 2 already met indicated retracement target at 1.3833-35 (61.8% Fibonacci retracement of

On the upside, a daily close above resistance at 1.3734 would suggest first leg of decline from 1.3993 top has ended and risk a stronger rebound to 1.3800-10 and possibly to 1.3850-60 but upside should be limited to 1.3900 and bring another decline later. Only break of 1.3996-1.4000 (last month's high and psychological resistance) would signal the rise from 1.12042 (2012 low) has resumed in wave (c) of larger degree wave 2 for gain to 1.4045-50 (50% projection of 1.2755-1.3894 measuring from 1.3477) but reckon upside would be limited to 1.4140-50 and 1.4233-48 (1.618 times projection of 1.2755-1.3453 measuring from 1.3105 and previous chart resistance) should hold from here, bring another strong retreat later.

Recommendation: Sell at 1.3730 for 1.3530 with stop above 1.3830.

Euro's long-term uptrend started from 0.8228 (26 Oct 2000) with an impulsive structure. The rise from 0.8228 to 0.9593 (5 Jan 2001) is labeled as wave I, the retreat to 0.8352 (6 Jul 2001) is wave II and the rally to 1.3670 (31 Dec 2004) is wave III. Wave IV from there ended at 1.1640 (15 Nov 2005), the subsequent upmove to 1.6040 (July 15, 2008) is treated as wave V, the major selloff from the record high of 1.6040 to 1.2329 (October 27, 2008) signals a reversal has taken place with (I) leg ended at 1.2329 and once (II) ended at 1.5145, wave (III) itself is an extended move with I: 1.1876 and complex wave II should be limited to 1.5145, bring wave III decline later.

ND - Ehlers Quotient Trans.itfHi everyone,
It's my firts post on this excellent website, thanks to newdigital and igorad for all your usefull inputs.
Im currently trying to code in PRT the Quotient Transform as it appears in the TASC of August.
See the EL source code here

Unfortunately it doesn't work properly as it displays nothing, but without issuing any bug messages.
My code is just below, if anyone as a clue it will be nice. I think the problem comes from the SuperSmoother Filter part.
Thanks
Nicolas

// ----------------------------------------------------------
// Ehlers The Quotient Transform
// Code coming from article TASC August 2014
// TRADERS’ TIPS - AUGUST 2014
// ----------------------------------------------------------


LPPeriod = 30
K1 = 0.85
K2 = 0.4
alpha1 = 0
HP = 0
a1 = 0
b1 = 0
c1 = 0
c2 = 0
c3 = 0
Filt = 0
Peak = 0
X = 0
Quotient1 = 0
Quotient2 = 0

//Highpass filter cyclic components whose periods are shorter than 100 bars

alpha1 = Cos(( 0.707 * 360 / 100 ) + Sin( 0.707 * 360 / 100 ) - 1 ) / Cos( 0.707 * 360 / 100 )
HP = ( 1 - alpha1 / 2 )*( 1 - alpha1 / 2 )*( Close - 2 * Close[1] + Close[2] ) + 2 * ( 1 - alpha1 ) * HP[1] - ( 1 - alpha1 ) * ( 1 - alpha1 ) * HP[2]


//SuperSmoother Filter

a1 = EXP( -1.414 * 3.14159 / LPPeriod )
b1 = 2 * a1 * Cos( 1.414*180 / LPPeriod )
c2 = b1
c3 = -a1 * a1
c1 = 1 - c2 - c3
Filt = c1 * ( HP + HP[1] ) / 2 + c2 * Filt[1] + c3 * Filt[2]


//Fast Attack - Slow Decay Algorithm

Peak = 0.991 * Peak[1]

if Abs( Filt ) > Peak then
Peak = Abs( Filt )
endif


//Normalized Roofing Filter

if Peak <> 0 then
X = Filt / Peak
endif

Quotient1 = ( X + K1 ) / ( K1 * X + 1 )
Quotient2 = ( X + K2 ) / ( K2 * X + 1 )


RETURN Quotient1 COLOURED(255, 0, 0) AS "Quotient1", Quotient2 COLOURED(0,0,255) AS "Quotient2", 0 COLOURED(0,0,0) AS "ZL"

ND - Ehlers Quotient Trans.itf

Originally Posted by MeAgainstGods

ND - Ehlers Quotient Trans.itfHi everyone,
It's my firts post on this excellent website, thanks to newdigital and igorad for all your usefull inputs.
Im currently trying to code in PRT the Quotient Transform as it appears in the TASC of August.
See the EL source code here

Unfortunately it doesn't work properly as it displays nothing, but without issuing any bug messages.
My code is just below, if anyone as a clue it will be nice. I think the problem comes from the SuperSmoother Filter part.
Thanks
Nicolas

Hi MeAgainstGods,

Please check out the fixed Ehlers Early Onset Trend indicator for the ProRealTime platform.

Attachment 9068

Regards,
Igor

Thank you very much Igorad
Best regards,
Nicolas

hello all realtimepro users

I am german and here is a german thread about this softwware with plenty of indicators and so on...

I have translated it from german to enlgish with google

I personally have not understanding, how such indicators have to be imposed on the realtimepro platform -
if there is any helping hand, you are welcome

here is the thread

https://translate.google.com/transla...%2F&edit-text=

Originally Posted by maatini

hello all realtimepro users

I am german and here is a german thread about this softwware with plenty of indicators and so on...

I have translated it from german to enlgish with google

I personally have not understanding, how such indicators have to be imposed on the realtimepro platform -
if there is any helping hand, you are welcome

here is the thread

https://translate.google.com/transla...%2F&edit-text=

Hi maatini?

As I understand you don't know how to import .itf files to the ProRealTime platform. If it's so just download the .itf file and then follow this instruction.

Regards,
Igor

Igorad,
It was me that didn't know how to import a .itf file. The extension is used by Pascal and I mistakenly thought it required a special translator. I completely overlooked that .itf is used for PRT Import/Export.

A big thank you.

(Apologies if double posted I'm having finger trouble...)