While rudimentary commands can be executed using plain language expressions, computer programming experience is generally required to take full advantage of the more sophisticated algorithmic features of Object Oriented EasyLanguage (OOEL), which has been influenced by Object Pascal, C#, and C++ and makes extensive use of classes and dynamic-link libraries. EasyLanguage: 'if the Close > the High then Buy 100 shares next bar at market '.The program itself creates a label if one does not exit and then after that repositions and changes the value of the label each time the program runs. Quicktip 69 explains what was happening and how it can be corrected. Plain English: 'If the close is greater than the high of 1 day ago, then buy 100 shares at market.' The code worked fine when included in an indicator but seemed to have problems when copied into a strategy.Simple practical commands may consist of regular English words, which makes some of the basic elements of EasyLanguage more intuitive to learn than more complex programming languages. The language was originally intended to allow creation of custom trading strategies by traders without specialized computer training. External DLL's can be referenced using EasyLanguage which greatly extends its functionality. It is used to create custom indicators for financial charts and also to create algorithmic trading strategies for the markets.
EasyLanguage is a proprietary programming language that was developed by TradeStation and built into its electronic trading platform.
