Dear Experts,
Please help me in getting the number of bars since the recent cross above/below the MACD zero line. Tried various options but none of them seam to work properly.
Any help will be highly appreciated.
Thanks.
Dear Experts,
Please help me in getting the number of bars since the recent cross above/below the MACD zero line. Tried various options but none of them seam to work properly.
Any help will be highly appreciated.
Thanks.
_SECTION_BEGIN("MACD");
r1 = Param( "Fast avg", 12, 2, 200, 1 );
r2 = Param( "Slow avg", 26, 2, 200, 1 );
r3 = Param( "Signal avg", 9, 2, 200, 1 );
Plot( ml = MACD(r1, r2), StrFormat(_SECTION_NAME()+"(%g,%g)", r1, r2), ParamColor("MACD color", colorRed ), ParamStyle("MACD style") );
Plot( sl = Signal(r1,r2,r3), "Signal" + _PARAM_VALUES(), ParamColor("Signal color", colorBlue ), ParamStyle("Signal style") );
Plot( ml-sl, "MACD Histogram", ParamColor("Histogram color", colorDefault ), styleNoTitle | ParamStyle("Histogram style", styleHistogram | styleNoLabel, maskHistogram ) );
_SECTION_END();
Title="Above ="+WriteVal(BarsSince(ml < sl),1)+ "\nBelow =" +WriteVal(BarsSince(ml > sl),1) ;
Hope this helps.
Your welcome, could you mark the solved icon and possibly like icon. Thanks
This is great I think. However, you could easily refine this algorithm using the MACD strategies as written in this blog.
Hope this helps!