Help with Higher Lows Price sync with Higher Low MACD when candle crosses MA
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So…the end result with cycle highs and lows :-).
I tested it and it works for 90%. I just see one more last thing. See the attached image.
I have some parameters which you can fill in yourself. like the MACD, Moving Average, and in the signal in the chart I have chosen to set 2 targets and 1 stoploss. So yo can see of the TA or SL will be reached first.
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It would be great to have one green arrow up above the bar with the signal when the Target1 has reached first, to have 2 green arrows up when Target2 has been reached, and to have a red arrow down when the Stoploss has been reached first.
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My gratitude is BIG. Thank you VonasiDEFPARAM calculateonlastbars = 1000 macdl = macdline[ShortTermMA,LongTermMA,Periods] macds = exponentialaverage[Periods](macdl) //start of cycle low If macdl =< macds and macdl[1] > macds[1] then macdlowest2 = macdlowest lowestprice2 = lowestprice incyclelow = 1 macdlowest = macdl LowestPrice = low endif //End of cycle If macdl > macds and macdl[1] < macds[1] then incyclelow = 0 endif //lowest macd and price in cycle if incyclelow then macdlowest = min(macdlowest, macdl) lowestPrice = min(lowestprice, low) c1 = open < average[ma] c2 = close > average[ma] c3 = macdlowest > macdlowest2 c4 = lowestprice > lowestprice2 if c1 and c2 and c3 and c4 then DRAWSEGMENT (barindex, close+target1, barindex, close+target2)COLOURED(0,250,0) DRAWSEGMENT (barindex, close+target1, barindex+1, close+target1)COLOURED(0,250,0) DRAWTEXT("TA1", barindex-1, close+target1, Dialog, Standard, 10) COLOURED(0,0,0) DRAWSEGMENT (barindex, close+target2, barindex+1, close+target2)COLOURED(0,250,0) DRAWTEXT("TA2", barindex-1, close+target2, Dialog, Standard, 10) COLOURED(0,0,0) DRAWSEGMENT (barindex, close-stoploss, barindex+1, close-stoploss)COLOURED(250,0,100) DRAWSEGMENT (barindex, close-(stoploss-0.25), barindex, close-stoploss)COLOURED(250,0,100) DRAWTEXT("SL", barindex-1, close-stoploss, Dialog, Standard, 10) COLOURED(0,0,0) DRAWTEXT("LH", barindex, close+target2+0.75, Dialog, Standard, 14) COLOURED(0,250,0) endif endif //start of cycle high If macdl => macds and macdl[1] < macds[1] then macdhighest2 = macdhighest highestprice2 = highestprice incyclehigh = 1 macdhighest = macdl highestPrice = high endif //End of cycle If macdl < macds and macdl[1] > macds[1] then incyclehigh = 0 endif //highest macd and price in cycle high if incyclehigh then macdhighest = min(macdhighest, macdl) highestPrice = min(highestprice, low) c1a = open > average[ma] c2a = close < average[ma] c3a = macdhighest < macdhighest2 c4a = highestprice < highestprice2 if c1a and c2a and c3a and c4a then DRAWSEGMENT (barindex, close-target1, barindex, close-target2)COLOURED(0,250,0) DRAWSEGMENT (barindex, close-target1, barindex+1, close-target1)COLOURED(0,250,0) DRAWTEXT("TA1", barindex-1, close-target1, Dialog, Standard, 10) COLOURED(0,0,0) DRAWSEGMENT (barindex, close-target2, barindex+1, close-target2)COLOURED(0,250,0) DRAWTEXT("TA2", barindex-1, close-target2, Dialog, Standard, 10) COLOURED(0,0,0) DRAWSEGMENT (barindex, close+stoploss, barindex+1, close+stoploss)COLOURED(250,0,100) DRAWSEGMENT (barindex, close+(stoploss-0.25), barindex, close+stoploss)COLOURED(250,0,100) DRAWTEXT("SL", barindex-1, close+stoploss, Dialog, Standard, 10) COLOURED(0,0,0) DRAWTEXT("HL", barindex, close-target2-0.75, Dialog, Standard, 14) COLOURED(250,0,0) endif endif returnThe variables that I mean are target1, target2, stoploss etc
Export indicator or strategy and then attach ITF as you would an image.
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Topic Details
| Forum: | ProBuilder: Indicators & Custom Tools |
| Language: | English |
| Started: | 09/06/2019 |
| Status: | Active |
| Attachments: | 12 files |
