Segment an indicator

from8to800 · 2017-05-29T07:35:59+00:00

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

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05/29/2017 at 8:35 AM #36862 quote

from8to800
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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

05/31/2017 at 6:57 AM #37079 quote

from8to800
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Bump, anyone?

05/31/2017 at 7:35 AM #37081 quote
Nicolas
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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)
```
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.

PSAR-indicator-below-price-only.png
05/31/2017 at 7:39 AM #37084 quote

from8to800
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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
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