Macd Zero line Bot

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04/12/2018 at 4:19 PM #68185 quote

Participant

Average

Hey guys, when i try to use the macd zero line as automatic trading, it doesn’t work.

I tried the code nicolas posted, but it doesn’t work? I when i press “creation by programming”, i remove the text already there, and copied in this:

EMAshort1 = exponentialaverage[short](close)
EMAshort2 = exponentialaverage[short](EMAshort1)
DifferenceShort = EMAshort1 - EMAshort2
ZeroLagShort = EMAshort1 + DifferenceShort

EMAlong1 = exponentialaverage[long](close)
EMAlong2 = exponentialaverage[long](EMAlong1)
DifferenceLong = EMAlong1 - EMAlong2
ZeroLagLong = EMAlong1 + DifferenceLong

ZeroLagMACD = ZeroLagShort - ZeroLagLong

signal1=ExponentialAverage[signal](ZEROLAGMACD)
signal2=ExponentialAverage[signal](signal1)
DIFFERENCE2=signal1-signal2

SignalMACD=signal1+DIFFERENCE2

RETURN ZeroLagMACD as "Zero Lag MACD", SignalMACD as "Signal MACD"

And it doesn’t work.

What am i doing wrong? Appreciate all help guys!

Thanks

04/12/2018 at 4:30 PM #68186 quote

GraHal

Participant

Master

I guess you have seen this? …

GraHal wrote:

Surely such a basic Indicator as the MACD can’t be wrong in the standard PRT listings???

04/13/2018 at 7:47 AM #68239 quote

jebus89

Participant

Master

First of all, the INDICATOR that youre trying to implement is missing 3 values: short, long and signal.

you need to define the values for that indicator, like this:

short = 10
long = 20
signal = 15

EMAshort1 = exponentialaverage[short](close)
EMAshort2 = exponentialaverage[short](EMAshort1)
DifferenceShort = EMAshort1 - EMAshort2
ZeroLagShort = EMAshort1 + DifferenceShort

EMAlong1 = exponentialaverage[long](close)
EMAlong2 = exponentialaverage[long](EMAlong1)
DifferenceLong = EMAlong1 - EMAlong2
ZeroLagLong = EMAlong1 + DifferenceLong

ZeroLagMACD = ZeroLagShort - ZeroLagLong

signal1=ExponentialAverage[signal](ZEROLAGMACD)
signal2=ExponentialAverage[signal](signal1)
DIFFERENCE2=signal1-signal2

SignalMACD=signal1+DIFFERENCE2

RETURN ZeroLagMACD as "Zero Lag MACD", SignalMACD as "Signal MACD"

I just used random values for the values, i dont know what values to use here 🙂 Now that you have the indicator, you add a new indicator to the chart and voila, you can use the creation wizard tool to click the indicator and do what you need to do

11/07/2019 at 11:45 AM #112307 quote