This page serves as a catalog of useful RTL resources, aggregated mostly from the MarketDelta Blog.

Read through these tutorials for a good introduction and education into the main concepts and methods for using RTL in MarketDelta software.

If you have questions about your RTL code or programming methods, please visit the RTL Forum where you can interact with our Tech team as well as other RTL programmers to share ideas or get specific help.

This page is continually updated as new tutorials get added to the blog.

General Resources

These are introductory resources and general reference tools on RTL.

• RTL Video Tour - This 9-minute video provides a quick introduction to RTL for new users.
• Working with User Variables -- setting and accessing variables in RTL
• RTL Reference Guide - This page provides an overview of RTL coding and syntax. It is not necessary to master all of this documentation to get started with RTL. Reference as needed.
• RTL Toolbar Button - Quick tutorial for adding the RTL button to your Main Toolbar.
• Knowledge Base search - Click here to see search results for "RTL" on this site. This listing is a comprehensive collection of all our RTL documentation. Good for a general reference tool only after you've completed all tutorials.
• RTL Operators - Arithmetic, Relational, Logical
• RTL Forum - Ask questions and get help on RTL.
  

Tutorials

Step-by-step tutorials to accomplish specific tasks in RTL. Learn by example.

• Custom Indicator: 3/10 Oscillator - This tutorial is a good starting place for new users, as it introduces you to getting around the RTL window for the purpose of creating a technical indicator.
• General Custom Indicator information - This page is a good followup for those who have already closely studied the above tutorial.
• Custom Signal: Value Area Short - A tutorial that uses Market Profile "Value Area" levels to create a trading signal.
• Paint Bars with RTL - In this tutorial, you see how very simple RTL code can enhance a chart's interface in combination with the "Paint Bars" indicator.
• Create, Edit Custom Indicators, Signals - 10-minute video tutorial.
• Create a Keltner-based Trading Signal - 5-minute video.
• Add an Indicator to an Indicator - 7-minute video.
• Additional Videos
• Stop-Loss and Target for Backtesting - quick tips from the RTL Forum
• Complex, multi-signal RTL chart - a tutorial for our Auction Market Theory chart

Case Study: Start to Finish

In these tutorials, posted to the MarketDelta Blog, we look at a single trading concept based on an "Initial Balance" trading strategy. Each tutorial progressively takes you through the process of building a trading system, from start to finish.

• Part 1 - The concept is discussed, as well as the goals for the trading system testing.
• Part 2 - We build a custom indicator to identify the Market Profile levels on a regular multi-pane bar chart.
• Part 3 - Creation of a custom trading signal that automatically identifies when to go short or long based on this strategy.
• Part 4 - Simple but effective RTL shortcut to streamline the signal in Part 3 for greater clarity.

Backtesting

• Part 5 - Introduction to Backtesting - We backtest the Initial Balance strategy from Parts 1 to 4 above using a simple end-of-day exit signal.
• Part 6 - We backtest with new profit target rules for the system.
• Part 7 - Limiting the number of trades.
• Part 8 - Adding stop loss rules.
• Part 9 - Optimization; using MarketDelta to determine optimum targets and stop losses.
• Part 10 - Multiple Exits (scale-outs)
• Part 11 - "Realization" - Walk-forward optimization
• Part 12 - Alternate Methods for coding the RTL in this strategy