Average in indicator returns flat spots
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This simple indicator that just calculates an average of the closing position as a percentage of range returns flat spots on the indicator where the average is clearly not being calculated correctly and the value does not change over many candles.
The attached images are of DJI daily.
p = 3 closeperc = ((close-low)/(high-low))*100 avg = average[p,1](closeperc) return avgCongratulations for being able to successfully recode a stochastic from scratch!
I actually hadn’t twigged that it was the same calculation!
Interestingly if you put the two calculations on in the same indicator the stochastic one calculates just fine but my version doesn’t.
p = 3 closeperc = ((close-low)/(high-low))*100 avg = average[p,1](closeperc) sto = Stochastic[1,1] avg2 = average[p,1](sto) return avg,avg2I actually think this is the right place for this topic as it is clearly a data or calculation error which is a platform issue.
DAX Daily.
DJI daily.
The one below is your original code.
The one above is this one (with modifications to avoid division by 0):
p = 3 x = max(pipsize,range) //closeperc = ((close-low)/(high-low))*100 closeperc = ((close-low)/x)*100 avg = average[p,1](closeperc) sto = Stochastic[1,1] avg2 = average[p,1](sto) return avg AS "Avg",avg2 AS "Stoch"Apart from a few candles, both blue and red lines overlap.
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Summary
This topic contains 10 replies,
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5 years, 11 months ago.
Topic Details
| Forum: | Platform Support: Charts, Data & Broker Setup |
| Language: | English |
| Started: | 03/24/2020 |
| Status: | Active |
| Attachments: | 5 files |
