Simple Market hours EMA Arrow and Text Indicator

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  • 07/01/2020 at 3:42 PM #137382 quote
    Albert Kader
    Participant
    New

    This is my first attempt at creating a signal indicator using two Exponential Moving Averages and only during specified hours.

    The example given is with values for the DAX. You should adapt it to ever instrument and timeframe you use it with.

    capture-1593337317c84lp.png capture-1593337317c84lp.png capture-1593337317c84lp1.png capture-1593337317c84lp1.png
    07/01/2020 at 4:09 PM #137963 quote
    robertogozzi
    Moderator
    Master

    The code is missing.

    07/02/2020 at 10:51 AM #138071 quote
    Albert Kader
    Participant
    New
    EMAShort =  ExponentialAverage[n](close)
EMALong = ExponentialAverage[m](close)

BuyCondition = (EMAShort CROSSES OVER EMALong)
SellCondition = (EMAShort CROSSES UNDER EMALong)

IF (TIME > 133000  AND TIME < 233000) OR Volume > 1000 then

IF  BuyCondition THEN
DRAWTEXT( "▲", barindex, lowest[1](low), Dialog, bold, 20) COLOURED (0, 0, 255, 255)
DRAWTEXT( "▲", barindex, lowest[1](low) - 10, Dialog, bold, 20) COLOURED (0, 0, 255, 150)
DRAWTEXT( "B", barindex, low - range, Dialog, bold, 15) COLOURED (0, 0, 255, 255)
ENDIF

IF SellCondition THEN
DRAWTEXT( "▼", barindex, highest[1](high) + 30, Dialog, bold, 20) COLOURED (255, 0, 0, 150)
DRAWTEXT( "▼", barindex, highest[1](high) + 20, Dialog, bold, 20) COLOURED (255, 0, 0, 255)
DRAWTEXT("S", barindex, highest[10](high) + range, Dialog, bold, 15) COLOURED (255, 0, 0, 255)

ENDIF

RETURN EMAShort COLOURED (0, 0, 255,150) AS "EMA Short", EMALong COLOURED (255, 0, 0, 150) AS "EMA Long"
    robertogozzi and Razz thanked this post
    07/02/2020 at 11:11 AM #138075 quote
    robertogozzi
    Moderator
    Master

    ENDIF is missing at line 21.

    What’s the value for n and m?

    Albert Kader thanked this post
    07/02/2020 at 5:10 PM #138128 quote
    Albert Kader
    Participant
    New
    EMAShort =  ExponentialAverage[2](close)
EMALong = ExponentialAverage[9](close)

BuyCondition = (EMAShort CROSSES OVER EMALong)
SellCondition = (EMAShort CROSSES UNDER EMALong)

IF (TIME > 133000  AND TIME < 233000) OR Volume > 1000 then

 IF  BuyCondition THEN
  DRAWTEXT( "▲", barindex, lowest[1](low), Dialog, bold, 20) COLOURED (0, 0, 255, 255)
  DRAWTEXT( "▲", barindex, lowest[1](low) - 10, Dialog, bold, 20) COLOURED (0, 0, 255, 150)
  DRAWTEXT( "B", barindex, low - range, Dialog, bold, 15) COLOURED (0, 0, 255, 255)
 ENDIF

 IF SellCondition THEN
  DRAWTEXT( "▼", barindex, highest[1](high) + 30, Dialog, bold, 20) COLOURED (255, 0, 0, 150)
  DRAWTEXT( "▼", barindex, highest[1](high) + 20, Dialog, bold, 20) COLOURED (255, 0, 0, 255)
  DRAWTEXT("S", barindex, highest[10](high) + range, Dialog, bold, 15) COLOURED (255, 0, 0, 255)
 ENDIF
ENDIF

RETURN EMAShort COLOURED (0, 0, 255,150) AS "EMA Short", EMALong COLOURED (255, 0, 0, 150) AS "EMA Long"
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Simple Market hours EMA Arrow and Text Indicator


ProBuilder: Indicators & Custom Tools

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Albert Kader @azenkwed Participant
Summary

This topic contains 4 replies,
has 2 voices, and was last updated by Albert Kader
5 years, 7 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 07/01/2020
Status: Active
Attachments: 1 files
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