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

• 01/23/2022 at 6:06 PM #186372
  lashanta92

  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…

  

  lashanta92

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  01/24/2022 at 4:03 PM #186468
  robertogozzi

  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?

   

  

  robertogozzi

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  01/24/2022 at 5:29 PM #186489
  lashanta92

  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

  

  lashanta92

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  01/25/2022 at 8:52 AM #186540
  robertogozzi

  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"

  1 2 3 4 5

  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"

   

  

  robertogozzi

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  01/26/2022 at 1:09 AM #186633
  lashanta92

  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

  1 2 3 4 5 6 7 8 9 10

  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

  

  lashanta92

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  01/31/2022 at 12:36 PM #187119
  lashanta92

  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.

  

  lashanta92

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  01/31/2022 at 1:13 PM #187121
  robertogozzi

  This the official explanation https://www.prorealcode.com/documentation/islastbarupdate/.

   

  

  robertogozzi

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  01/31/2022 at 2:10 PM #187122
  lashanta92

  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?

  

  lashanta92

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  01/31/2022 at 2:30 PM #187123
  robertogozzi

  Try this indicator:

  Return IsLastBarUpdate

  1	Return IsLastBarUpdate

   

  

  robertogozzi

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  01/31/2022 at 2:38 PM #187124
  lashanta92

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

  

  lashanta92

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