Is it possible to create code that will plot text on indicators

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  • #78197 quote
    mmentors
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    I’m interesting in creating code that will plot text on an indicator. Similar to how many traders plot Elliott Wave Numbers on price action, I want to do the same thing, but have wave numbers (my own simple wave counting logic) on MACD. Just want to simply know if it’s even possible to create custom code that would plot numbers on an indicator like MACD, or if that functionality isn’t possible with ProRealCode. Thank you!

    #78200 quote
    Vonasi
    Moderator
    Master

    DRAWTEXT

    The ProBuilder Language Documentation section under Help can provide a lot of useful coding assistance and answers.

    #78203 quote
    mmentors
    Participant
    New

    Thank you, that is helpful, but those examples show text (numbers) being drawn on the price bars. I’m wondering if that same functionality is available for drawing on an indicator, in a subgraph below the price chart, such as MACD. I already have the logic for plotting the wave counts on MACD, just don’t know if ProRealCode allows the functionality for plotting text (numbers) on an indicator. I tried this with charting program, and their programming code would allow me to plot numbers above and below price bar swing highs and lows, and it would allow me to plot DOTS at the wave count highs/lows on an indicator such as MACD, but their programming language doesn’t allow me to draw (plot) numbers (text) in an indicator subgraph … which is why I’m asking.

    This is a crucial part of my trading method, and already have it programmed for NinjaTrader and MT4. Very interested in hiring someone to translate it into RealProCode, just need to know if it’s even possible.

    #78204 quote
    Vonasi
    Moderator
    Master

    An indicator is an indicator whether you apply it to a price chart or launch it as a separate indicator and DrawText works in both.

    For example you can even do seperate indicators that are purely text like my one here:

    Same Candle Run Analysis Tool

    #78219 quote
    mmentors
    Participant
    New

    Wonderful! Thank you, much appreciated.

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Is it possible to create code that will plot text on indicators


ProBuilder: Indicators & Custom Tools

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mmentors @mmentors Participant
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This topic contains 4 replies,
has 2 voices, and was last updated by mmentors
7 years, 6 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 08/14/2018
Status: Active
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