Simple Market hours EMA Arrow and Text Indicator

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07/01/2020 at 3:42 PM #137382 quote

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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-1593337317c84lp1.png

07/01/2020 at 4:09 PM #137963 quote

robertogozzi

Moderator

Legend

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

Legend

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

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Albert Kader @azenkwed Participant

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This topic contains 4 replies,
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Topic Details

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

Simple Market hours EMA Arrow and Text Indicator

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Simple Market hours EMA Arrow and Text Indicator ProBuilder: Indicators & Custom Tools

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Simple Market hours EMA Arrow and Text Indicator

ProBuilder: Indicators & Custom Tools