How do I stop repeat signals

paulon · 2017-06-29T15:42:32+00:00

I am creating some indicators based on various combinations including moving average crossovers. Once I have an UP signal, how can I code the indicator to ignore more UP signals until there has been a DOWN signal?

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06/29/2017 at 4:42 PM #39423 quote

paulon
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I am creating some indicators based on various combinations including moving average crossovers. Once I have an UP signal, how can I code the indicator to ignore more UP signals until there has been a DOWN signal?

06/29/2017 at 6:33 PM #39436 quote

Nicolas
Keymaster

Legend

Make a variable that store the last signal direction and test it before launching a new signal.

06/30/2017 at 9:17 AM #39466 quote

paulon
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Nicolas thanks for your reply but I’m sorry I don’t understand how to do this.

06/30/2017 at 4:21 PM #39517 quote

Nicolas
Keymaster

Legend

I could show you directly into your code if you can share it with us.

10/30/2017 at 5:56 PM #50953 quote
margincallcat
Participant

Average
I bump this thread since i want the same thing. For this current easy command i dont want it to give repeated signals when Lower Low and Lower Close repeats.
```
//defparam CALCULATEONLASTBARS=20

if on=1 then

stoch=Stochastic[12,3](close)
ema=average[10,1](close)

//
ll=low[1]<low[2]
lc=close[1]<close[2]



if ll and lc and stoch[2]>80 and close[2]>ema then
drawtext("LL LC",barindex[1],high[1]+range[1],SansSerif,standard,12)coloured(255,50,50)
drawarrowdown(barindex[1],high[1])
endif

//hh=high[1]>high[2]
//hc=close[1]>close[2]
//hc2=high>high[1]
//
//if hh and hc and hc2 then
//drawtext("HH HC",barindex[1],low[1]-range[1],SansSerif,standard,12)coloured(50,255,50)
//drawarrowup(barindex[1],low[1])
//endif
endif
return
```
Thankful for help!

//Viktor

EURUSD-2-hours.png
10/30/2017 at 6:02 PM #50955 quote
margincallcat
Participant

Average
I tried this
```
//defparam CALCULATEONLASTBARS=20

if on=1 then

stoch=Stochastic[12,3](close)
ema=average[10,1](close)

//
ll=low[1]<low[2]
lc=close[1]<close[2]



if signal=0 and ll and lc and stoch[2]>80 and close[2]>ema then
drawtext("LL LC",barindex[1],high[1]+range[1],SansSerif,standard,12)coloured(255,50,50)
drawarrowdown(barindex[1],high[1])
signal=1
else 
signal=0
endif

//hh=high[1]>high[2]
//hc=close[1]>close[2]
//hc2=high>high[1]
//
//if hh and hc and hc2 then
//drawtext("HH HC",barindex[1],low[1]-range[1],SansSerif,standard,12)coloured(50,255,50)
//drawarrowup(barindex[1],low[1])
//endif
endif
return
```
and it gets rid of one repetition. How do i keep it/determine length?
10/30/2017 at 6:24 PM #50956 quote
margincallcat
Participant

Average
i did this now and it works OK but if anyone has a better suggestion i all ears 🙂
```
//defparam CALCULATEONLASTBARS=20

if on=1 then

stoch=Stochastic[12,3](close)
ema=average[10,1](close)
atr=AverageTrueRange[10](close)
//
ll=low[1]<low[2]
lc=close[1]<close[2]



if signal=0 and signal[1]=0 and signal[2]=0 and signal[3]=0 and ll and lc and stoch[2]>80 and close[2]>ema then
drawtext("LL LC",barindex[1],high[1]+atr,SansSerif,standard,12)coloured(255,50,50)
drawarrowdown(barindex[1],high[1])
signal=1
else 
signal=0
endif

//hh=high[1]>high[2]
//hc=close[1]>close[2]
//hc2=high>high[1]
//
//if hh and hc and hc2 then
//drawtext("HH HC",barindex[1],low[1]-range[1],SansSerif,standard,12)coloured(50,255,50)
//drawarrowup(barindex[1],low[1])
//endif
endif
return
```
10/31/2017 at 11:22 AM #51046 quote

Nicolas
Keymaster

Legend

You could have saved the barindex of the first signal and then test if enough bars have passed since then to give a new signal.

Or store the first signal price into a variable and test if the new signal is different from the last saved one.

10/31/2017 at 11:40 AM #51050 quote

margincallcat
Participant

Average

You mentioned that in your first reply above, but i dont know how to do that. Can you please provide a code example?

Thanks

11/02/2017 at 10:36 AM #51269 quote

margincallcat
Participant

Average

???

11/02/2017 at 11:16 AM #51280 quote
Nicolas
Keymaster

Legend
Sorry @lebrinque, but sometimes between 2 topics, I take some rest 🙂 It was days off yesterday in France also!

This is the amended code:
```
stoch=Stochastic[12,3](close)
ema=average[10,1](close)
atr=AverageTrueRange[10](close)
//
ll=low[1]<low[2]
lc=close[1]<close[2]
 
 if ll and lc and stoch[2]>80 and close[2]>ema and barindex-lastsignal>2 then
drawtext("LL LC",barindex[1],high[1]+atr,SansSerif,standard,12)coloured(255,50,50)
drawarrowdown(barindex[1],high[1])
lastsignal=barindex[1]
endif

return
```
‘lastsignal’ variable is your new friend, take care of him 🙂

margincallcat thanked this post

non-repeating-trading-signals.png
11/02/2017 at 11:17 AM #51282 quote

margincallcat
Participant

Average

Thank you!!

11/02/2017 at 12:09 PM #51296 quote

margincallcat
Participant

Average

Also @nicolas the other topic i created “Command depending on prior command” as a spinoff from this one – hope it was OK to create a new thread for that.
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