Can I draw OsMA ( or MACD, etc) as -100~+100%?

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  • #186372 quote
    lashanta92
    Participant
    New

    I have a question. I want to reconstruct my MT4 platform (attached img) W%R and OsMA are drawn just as 2 independent layers. But on PRT, they return quite different digit values in the panel.

    So I tried to make indicator that always returns highest value of last~200 OsMA For the purpose of multiplying OsMA indicator to be within -/+100 range. but it does not work correctly.

    relatedly I need screening condition that tells whether MACD value is near zero(~10%) or not.

    Show me a hint please…

    スクリーンショット-2022-01-23-034049.png スクリーンショット-2022-01-23-034049.png
    #186468 quote
    robertogozzi
    Moderator
    Master

    I can’t understand what you mean, do you have any code to post as an example?

    And what does the code do? and what would you like it to do?

    #186489 quote
    lashanta92
    Participant
    New

    Thank you and sorry for reading my post.

    I want to make OsMA indicator return values just within -/+100  for the purpose of display it with W%R indicator on the same panel.

    Then I tried to get  highest or lowest value of OsMA to enlarge it. (for example, OsMA’s last 200 highest value is 0.5 ->  I’ll multiply entire OsMA’s value by 200.)

    I made another indicator just  gauge it and I called it in my OsMA indicator. Now I understand It’s meaningless.

    Now I wrote it.

    var1 = ExponentialAverage[12](close) – ExponentialAverage[26](close)
    var2 = average[9](var1)
    mao = var1 – var2
    var4 = max(abs(highest[200](mao)),abs(lowest[200](mao)))return mao * (100 / var4)

    Not worse but little shape changed from original line.

    Thanks

    #186540 quote
    robertogozzi
    Moderator
    Master

    Your code seems to work, it ranges -100 to +100:

    var1 = ExponentialAverage[12](close) - ExponentialAverage[26](close)
    var2 = average[9](var1)
    mao = var1 - var2
    var4 = max(abs(highest[200](mao)),abs(lowest[200](mao)))
    return mao * (100 / var4) AS "mao",+100 AS "+100",-100 AS "-100"
    #186633 quote
    lashanta92
    Participant
    New

    Thank you replying.

    I remade it using DrawOnLastBarOnly and drawsegment

    It’s a little heavy.

    DEFPARAM DRAWONLASTBARONLY = true
    DEFPARAM calculateonlastbars = 300
    var1 = ExponentialAverage[short](close) - ExponentialAverage[long](close)
    var2 = Average[sma](var1)
    mao = var1 - var2
    maxabs100 = max(abs(highest[100](mao)), abs(lowest[100](mao)))
    for i = 0 to bars-1 do
    DRAWRECTANGLE(barindex-i, 0, barindex-i-1, mao[i] * 100 / maxabs100) coloured(0,255,255,255)
    next
    return -100,100, (Williams[14](close)+50) * 2 , -60, 60
    #187119 quote
    lashanta92
    Participant
    New

    Sorry for a basic question.
    Is “IF IsLastBarUpdate…” means “load only when new candle is made”?
    they seem to move tick by tick when I put in line.8 of previous code in it.

    #187121 quote
    robertogozzi
    Moderator
    Master
    #187122 quote
    lashanta92
    Participant
    New

    Thank you for your replying.
    “, 1 time when the indicator is applied on the chart and anytime the last bar on the chart is updated, ”
    If it doesn’t mean “when new candle is stood”, what differs from normal way?
    There’s no meaning i=1 but not 0 in the sample code?

    #187123 quote
    robertogozzi
    Moderator
    Master

    Try this indicator:

    Return IsLastBarUpdate
    #187124 quote
    lashanta92
    Participant
    New

    OK I’m understanding it
    It may be useful for my indicator.
    Thank you.

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Can I draw OsMA ( or MACD, etc) as -100~+100%?


ProBuilder: Indicators & Custom Tools

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lashanta92 @lashanta92 Participant
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This topic contains 9 replies,
has 2 voices, and was last updated by lashanta92
4 years ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 01/23/2022
Status: Active
Attachments: 1 files
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