MACDZ alignment issues with actual trade entry
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12345678910111213141516171819202122232425262728293031323334353637// ------------------------------------------------------------------------// MACDZ Component Mapping (Aligned with PRT Chart Labels):// - MACD Zero Lag → myMACDline (Blue Line)// - Zero Lag Signal → myMACDsignal (Red Line)// - MACD - Signal → Histogram (Green Histogram = myMACDline - myMACDsignal)// ------------------------------------------------------------------------// OPTIMIZATION RANGES:// - R1: myMACDFast → Short-term EMA// - R2: myMACDSlow → Long-term EMA// - R3: myMACDSignal → Signal EMA applied to MACD line// ========================================================================// === INPUT PARAMETERS ===myMACDFast = myMACDFast // R1: Short-term EMAmyMACDSlow = myMACDSlow // R2: Long-term EMAmyMACDSignal = myMACDSignal // R3: Signal EMAmyATRperiod = 14myATRmultiplier = 2.5myRiskPercent = 5myInitialBalance = 100000// === INDICATORS ===myMACDline = ExponentialAverage[myMACDFast](close) - ExponentialAverage[myMACDSlow](close)myMACDsignal = ExponentialAverage[myMACDSignal](myMACDline)myATR = AverageTrueRange[myATRperiod]// === ENTRY SIGNALS ===// Detect actual crossover on previous bar and act on current barmyLongSignal = myMACDline[1] <= myMACDsignal[1] AND myMACDline > myMACDsignalmyShortSignal = myMACDline[1] >= myMACDsignal[1] AND myMACDline < myMACDsignal// === EXIT SIGNALS ===// Detect crossover in reverse direction to close position on the same barmyExitLongSignal = myMACDline[1] >= myMACDsignal[1] AND myMACDline < myMACDsignalmyExitShortSignal = myMACDline[1] <= myMACDsignal[1] AND myMACDline > myMACDsignal
Hi there buddy PRT coders.
I am having alignment issues with MACDZ and the actual trade entry on the price chart.
Panel = variables:
makes clear and correct trade entry and exit, as per the actual (stated above)
green peak = long trade entry
red peak = short trade entry
black shape -1 = stop loss hit
black shape +1 = opposite signal hitsee attached images, there is a clear mis-alignment of the MACDZ no matter the param values I use.
Also attached is param variable for said MACDZCode snippets pasted, as coded…
Any guidance on this is very much appreciated, as always.
NTBTW: we really need to use discord… it is so much easier to use, to share code, chat, links to chat, upload files etc…. !!!
and so very easy to manage…. 🙂1 user thanked author for this post.
I used your code with standard MACD parameters and all signals seem correct:
1234567891011121314151617181920212223242526272829303132333435363738// ------------------------------------------------------------------------// MACDZ Component Mapping (Aligned with PRT Chart Labels):// - MACD Zero Lag → myMACDline (Blue Line)// - Zero Lag Signal → myMACDsignal (Red Line)// - MACD - Signal → Histogram (Green Histogram = myMACDline - myMACDsignal)// ------------------------------------------------------------------------// OPTIMIZATION RANGES:// - R1: myMACDFast → Short-term EMA// - R2: myMACDSlow → Long-term EMA// - R3: myMACDSignal → Signal EMA applied to MACD line// ========================================================================// === INPUT PARAMETERS ===myMACDFast = 12//myMACDFast // R1: Short-term EMAmyMACDSlow = 26//myMACDSlow // R2: Long-term EMAmyMACDSignal = 9 //myMACDSignal // R3: Signal EMAmyATRperiod = 14myATRmultiplier = 2.5myRiskPercent = 5myInitialBalance = 100000// === INDICATORS ===myMACDline = ExponentialAverage[myMACDFast](close) - ExponentialAverage[myMACDSlow](close)myMACDsignal = ExponentialAverage[myMACDSignal](myMACDline)myATR = AverageTrueRange[myATRperiod]// === ENTRY SIGNALS ===// Detect actual crossover on previous bar and act on current barmyLongSignal = myMACDline[1] <= myMACDsignal[1] AND myMACDline > myMACDsignalmyShortSignal = myMACDline[1] >= myMACDsignal[1] AND myMACDline < myMACDsignal// === EXIT SIGNALS ===// Detect crossover in reverse direction to close position on the same barmyExitLongSignal = myMACDline[1] >= myMACDsignal[1] AND myMACDline < myMACDsignalmyExitShortSignal = myMACDline[1] <= myMACDsignal[1] AND myMACDline > myMACDsignalRETURN myLongSignal AS "myLongSignal",-myShortSignal AS "myShortSignal",myExitLongSignal AS "myExitLongSignal",-myExitShortSignal AS "myExitShortSignal"12,26,9 is the standard set of values used as settings for MACD, but you can change the code (and the indicator on your chart) as suits you best.
RETURN can only be used in indicator, in strategies just remove or comment out that line.
Backtesting doesn’t support graphics (actually strategies cannot plot anything, as they run on a server even when your PC is shut down, so they have no peripheral to which output could be sent), you can only use GRAPH and GRAPHONPRICE.
Tomorrow morning I will write the code for the backtest.
1 user thanked author for this post.
Hi,
The difference in observation arises because your code uses a standard MACD, while your comparison is based on a Zero Lag MACD…
Naturally, the Zero Lag MACD produces different signals than the regular MACD, which explains the discrepancies…3 users thanked author for this post.
Hi,
The code you’re using is not for a zero-lag MACD but for a standard MACD…
In the calculation of a zero-lag MACD, a compensation is applied to eliminate the lag, but this calculation is missing in your code…
Your code represents a regular MACD, while the MACD you’re using in your comparison is a zero-lag MACD — and these two cannot be compared…1 user thanked author for this post.
You’re asking why there’s a difference, and I’m explaining where that difference comes from — so I don’t fully understand your reaction…
The pointer is: use either the regular MACD in both cases, or the zero-lag MACD in both cases…
Then you’ll see there are no differences…
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Here is the code ready for backtesting:
123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051// ------------------------------------------------------------------------// MACDZ Component Mapping (Aligned with PRT Chart Labels):// - MACD Zero Lag → myMACDline (Blue Line)// - Zero Lag Signal → myMACDsignal (Red Line)// - MACD - Signal → Histogram (Green Histogram = myMACDline - myMACDsignal)// ------------------------------------------------------------------------// OPTIMIZATION RANGES:// - R1: myMACDFast → Short-term EMA// - R2: myMACDSlow → Long-term EMA// - R3: myMACDSignal → Signal EMA applied to MACD line// ========================================================================// === INPUT PARAMETERS ===myMACDFast = 12//myMACDFast // R1: Short-term EMAmyMACDSlow = 26//myMACDSlow // R2: Long-term EMAmyMACDSignal = 9 //myMACDSignal // R3: Signal EMAmyATRperiod = 14myATRmultiplier = 2.5myRiskPercent = 5myInitialBalance = 100000// === INDICATORS ===myMACDline = ExponentialAverage[myMACDFast](close) - ExponentialAverage[myMACDSlow](close)myMACDsignal = ExponentialAverage[myMACDSignal](myMACDline)myATR = AverageTrueRange[myATRperiod]// === ENTRY SIGNALS ===// Detect actual crossover on previous bar and act on current barmyLongSignal = myMACDline[1] <= myMACDsignal[1] AND myMACDline > myMACDsignalmyShortSignal = myMACDline[1] >= myMACDsignal[1] AND myMACDline < myMACDsignal// === EXIT SIGNALS ===// Detect crossover in reverse direction to close position on the same barmyExitLongSignal = myMACDline[1] >= myMACDsignal[1] AND myMACDline < myMACDsignalmyExitShortSignal = myMACDline[1] <= myMACDsignal[1] AND myMACDline > myMACDsignal//RETURN myLongSignal AS "myLongSignal",-myShortSignal AS "myShortSignal",myExitLongSignal AS "myExitLongSignal",-myExitShortSignal AS "myExitShortSignal"IF Not oNmARKET THENIF myLongSignal THENBUY 1 CONTRACT AT MARKETELSIF myShortSignal THENSELLSHORT 1 CONTRACT AT MARKETENDSET STOP %LOSS 4.0SET TARGET %PROFIT 6.0ENDIFIF LongOnMarket AND myExitLongSignal THENSELL AT MARKETELSIF ShortOnMarket AND myExitShortSignal THENEXITSHORT AT MARKETENDIFboth SL and TP are set to quite high percentages to make sure they have enough time to show exiting on an opposite signal.
This is the almost the same version, but uses Stop & Reverse to exit on an opposite signal:
12345678910111213141516171819202122232425262728293031323334353637383940414243444546// ------------------------------------------------------------------------// MACDZ Component Mapping (Aligned with PRT Chart Labels):// - MACD Zero Lag → myMACDline (Blue Line)// - Zero Lag Signal → myMACDsignal (Red Line)// - MACD - Signal → Histogram (Green Histogram = myMACDline - myMACDsignal)// ------------------------------------------------------------------------// OPTIMIZATION RANGES:// - R1: myMACDFast → Short-term EMA// - R2: myMACDSlow → Long-term EMA// - R3: myMACDSignal → Signal EMA applied to MACD line// ========================================================================// === INPUT PARAMETERS ===myMACDFast = 12//myMACDFast // R1: Short-term EMAmyMACDSlow = 26//myMACDSlow // R2: Long-term EMAmyMACDSignal = 9 //myMACDSignal // R3: Signal EMAmyATRperiod = 14myATRmultiplier = 2.5myRiskPercent = 5myInitialBalance = 100000// === INDICATORS ===myMACDline = ExponentialAverage[myMACDFast](close) - ExponentialAverage[myMACDSlow](close)myMACDsignal = ExponentialAverage[myMACDSignal](myMACDline)myATR = AverageTrueRange[myATRperiod]// === ENTRY SIGNALS ===// Detect actual crossover on previous bar and act on current barmyLongSignal = myMACDline[1] <= myMACDsignal[1] AND myMACDline > myMACDsignalmyShortSignal = myMACDline[1] >= myMACDsignal[1] AND myMACDline < myMACDsignal// === EXIT SIGNALS ===// Detect crossover in reverse direction to close position on the same bar//myExitLongSignal = myMACDline[1] >= myMACDsignal[1] AND myMACDline < myMACDsignal//myExitShortSignal = myMACDline[1] <= myMACDsignal[1] AND myMACDline > myMACDsignal//RETURN myLongSignal AS "myLongSignal",-myShortSignal AS "myShortSignal",myExitLongSignal AS "myExitLongSignal",-myExitShortSignal AS "myExitShortSignal"//IF Not LongoNmARKET AND myLongSignal THENBUY 1 CONTRACT AT MARKETELSIF Not ShortOnMarket AND myShortSignal THENSELLSHORT 1 CONTRACT AT MARKETENDIFSET STOP %LOSS 4.0SET TARGET %PROFIT 6.01 user thanked author for this post.
In the settings panel of the indicators, next to each line returned, you can find the style and thickness (as from the attached pic).
1 user thanked author for this post.
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