Segment an indicator

• 05/29/2017 at 8:35 AM #36862
  from8to800

  Hello all,

   

  I’m seeking clarification on whether it is possible to segment an indicator so that only parts of it are shown.

   

  Say, for example that we have a Parabolic SAR plotted around price.

  Is it possible to code the indicator in such a way that it is only shown when below the price? In other words, when the PSAR i above the price, the indicator should return nothing.

   

  Many thanks,

  From8to800

  

  from8to800

  Participant

  Topics: 6

  Replies: 12

  Been thanked: 0 times
  05/31/2017 at 6:57 AM #37079
  from8to800

  Bump, anyone?

  

  from8to800

  Participant

  Topics: 6

  Replies: 12

  Been thanked: 0 times
  05/31/2017 at 7:35 AM #37081
  Nicolas

  Yes of course, you have to code a custom SAR for that purpose:

  a = SAR[0.02,0.02,0.2] if close>a then indi=a else indi=0 endif return indi coloured(0,200,0) style(point,3)

  1 2 3 4 5 6 7 8 9

  a = SAR[0.02,0.02,0.2]   if close>a then indi=a else indi=0 endif   return indi coloured(0,200,0) style(point,3)

  To hide the PSAR, we set our variable to 0 (because there is no other way to set a variable to an empty value), so remember to change the vertical autoscaling in the price settings window.

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20830

  Been thanked: 4744 times
  05/31/2017 at 7:39 AM #37084
  from8to800

  Hi Nicola,

   

  Many thanks for your response.

  I guess that works too. I tend to prefer my charts vertically adjusted for indicators also, but I can live with it adjusted on price only.

   

  Once again, thank you!

  From8to800

  

  from8to800

  Participant

  Topics: 6

  Replies: 12

  Been thanked: 0 times
• Author
  Posts