PRT MACD CORRUPTED!?

• 06/15/2018 at 2:33 PM #73351
  Pierre

  GraHal wrote:

  I think most folks want fast blue line crossing slow red line so what is the code for this via the Assisted Creation Tool please (or have I missed it in above? :))?

  Many Thanks

  GraHal

   

  The image below shows how to do this with assisted creation:

  

  The first condition (left image) is for “crosses over” and the second condition (right image) is for “crosses under”.

  Here is the code generated by the assisted creation:

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // Conditions to enter long positions indicator1 = MACDline[12,26,9](close) indicator2 = ExponentialAverage[9](indicator1) c1 = (indicator1 CROSSES OVER indicator2) indicator3 = MACDline[12,26,9](close) indicator4 = ExponentialAverage[9](indicator3) c2 = (indicator3 CROSSES UNDER indicator4) IF c1 OR c2 THEN BUY 1 SHARES AT MARKET ENDIF

  1 2 3 4 5 6 7 8 9 10 11 12 13 14

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated   // Conditions to enter long positions indicator1 = MACDline[12,26,9](close) indicator2 = ExponentialAverage[9](indicator1) c1 = (indicator1 CROSSES OVER indicator2) indicator3 = MACDline[12,26,9](close) indicator4 = ExponentialAverage[9](indicator3) c2 = (indicator3 CROSSES UNDER indicator4)   IF c1 OR c2 THEN BUY 1 SHARES AT MARKET ENDIF

  Regards,

  Pierre

  …

  

  Pierre

  Moderator

  ProRealTime

  Topics: 4

  Replies: 45

  Been thanked: 26 times
  06/18/2018 at 9:59 AM #73558
  GraHal

  Pierre wrote:

  the fact that the MACD line is just named MACD can create confusion because it’s not the same logic as in the rest of the Software. I’ve just asked my colleagues to correct this in a future update to display MACDLine in this dropdown menu as well.

  Thank You @Pierre.

  Please ask your colleagues to correct the confusion re MACD Signal on the right side and Exponential Average  of MACD Line on the left side … see attached.

  Much easier to read, understand and remember if it can be changed to read MACD Signal  on both right and left sides

  In order to understand code, names of lines etc need to be the same everywhere we look (in code and in Creation Tool) else we feel like we are in a tumble drier! 🙂

  I know you appreciate above, but I can’t believe how this has escaped corrective action for so long?

  Regards
  GraHal

  

  GraHal

  Participant

  Topics: 204

  Replies: 8440

  Been thanked: 2049 times
  06/18/2018 at 10:21 AM #73564
  Nicolas

  GraHal wrote:

  most folks want fast blue line crossing slow red line so what is the code for this via the Assisted Creation Tool please

  Look at the picture Pierre has shared, blue is the MACDline and red is the signal line (an average of the MACDline). No HISTOGRAM. (I know that in some other platforms, the histogram is the MACDline, maybe your confusion come from that).

   

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20830

  Been thanked: 4744 times
  06/18/2018 at 12:07 PM #73569
  GraHal

  Nicolas wrote:

  maybe your confusion come from that).

  I am now only confused / frustrated by the various names that lines are given at various points … the Assisted Creation Tool right side different from the left side and then slightly different again when used in the coding window.

  If the same name – MACD and Signal were to be used everywhere then there would be no confusion?

  At least 4 of us were / have been confused (as they stated on this Topic) by default MACD names for the lines etc … me, Despair, Nicolas and MaxT  … and I’m sure there has been many many more so the sooner the names are standardised – across all places that the names appear – the better it will be for all Users, especially  rookie coders who will not have read this Topic?

  

  GraHal

  Participant

  Topics: 204

  Replies: 8440

  Been thanked: 2049 times
  06/18/2018 at 5:21 PM #73600
  Pierre

  Hi,

  FYI, I’ve modified the text last friday. The modification will be included in the next minor platform update.

  Thanks again for your feedback and sorry it took so long for someone to take it into account.

  Regards,

  Pierre

  …

  1 user thanked author for this post.

  GraHal

  

  Pierre

  Moderator

  ProRealTime

  Topics: 4

  Replies: 45

  Been thanked: 26 times
• Author
  Posts