ramaParticipant
Senior
//############################
//Dumb fellow Indicator
//#############################################################
c1=MACD[12,26,9](close)
once rr=1
mb=average[20](typicalprice)
k=48
n=(k*2)-4
p=(n/2)-1
h1=DPO[n](high)
moyh=high-h1
hi=(moyh-moyh[1]+(high[p])/n)*n
hi=(round(hi*100))/100
l1=dpo[n](low)
moyl=low-l1
lo=(moyl-moyl[1]+(low[p])/n)*n
lo=(round(lo*100))/100
clo1=dpo[n](close)
moyc=close-clo1
clot=(moyc-moyc[1]+(close[p])/n)*n
clot=(round(clot*100))/100
cond1=(high>high[1] and high>high[2])
cond2=(cond1 and high>hi[46]) and (barindex>bari or rr=-1)
if cond1 and cond2 then
flagg=1
targeth=high
targetl=lo[46]
else
flagg=0
signa=mb
endif
for zz=0 to 45
if clot[45-zz]<targetl and hi[45-zz]<=targeth and flagg=1 then
signa=high+(averagetruerange[20](close))*.5
rr=1
bari=barindex+zz+2
break
elsif hi[45-zz]>targeth then
signa=mb
break
endif
next
condi=(low<low[1] and low<low[2]) and low<lo[46] and (barindex>bar or rr=1)
if condi then
fflag=1
target1=low
target2=hi[46]
else
fflag=0
siigna=mb
endif
for kk=0 to 45
if clot[45-kk]>target2 and lo[45-kk]>=target1 and fflag=1 then
siigna=low-(averagetruerange[20](close))*.5
rr=-1
bar=barindex+kk+2
break
elsif lo[45-kk]<target1 then
siigna=mb
break
endif
next
if barindex < 100 then
signa=undefined
siigna=undefined
endif
golong = (siigna < mb) and c1>=-5 and rsi[2]<=32
goshort = (signa > mb)*-1 and c1<=5 and rsi[2]>=68
return golong as "LONG",goshort as "SHORT",0
I am trying to to use the above indicator in program which does not allow to place orders. where as i can trigger an order through alert . Is there any way to replace the word “DPO” with equivalent code?
The DPO indicator repaints itself which is why it always looks so impressive – much like the Zig Zag indicator always looks impressive. Because the returned value is able to change is the reason why it is not possible to use them in auto strategies. Adding code to recreate the DPO will not fix this.
Please try to use more descriptive topic titles rather than just ‘DPO’. I have edited your title to something more meaningful.
You can still use the DPO of past values, which is indeed not as accurate of the one that use future data!!
// **** DPO of past moving average and not future ones :
p = 14
avg = average[p](customclose)
r = round(p/2) +1
b = customclose - avg[r]
myDPO = b
RETURN myDPO as "Detrented Price Oscillator of past datas", 0 coloured(10,10,255) as "0"
ramaParticipant
Senior
This code is giving less accurate results
however I can use my own code through alert. However there is limitation in setting up alter it has to be set up every order and gets disable.
if I want to set up all 20 orders though alert with a interval of 30
say alert triggers with condition1 and condition 2
condition is time>=120000 and time<=1230000
what will be indicator for this
c1= time
return c1 ?
