Support Board
Date/Time: Tue, 24 Dec 2024 03:24:42 +0000
[User Discussion] - MACD Crossover System adjustment
View Count: 2136
| [2015-10-21 19:33:22] |
| John M - Posts: 171 |
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Hello SC Support I'm using the MACD Crossover System Indicators and would like to have them trigger from the MACD Volume Weighted crossovers. How can I adjust the MACD Crossover System to reflect that or another MACD curve crossover ? Thank you. |
| [2015-10-21 20:28:21] |
| Sawtooth - Posts: 4141 |
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The MAs available in the MACD Crossover System study do not include the Volume Weighted MA, so use the MACD-Volume Weighted study instead, then hide it, then use two instances of the Color Bar Based On Alert Condition study, one for each color/direction, to paint arrows at the MACD/MA of MACD crossovers, with formulas like these in the Alerts tabs: Arrow Up: =AND(ID1.SG2[-1]>ID1.SG1[-1],ID1.SG1>ID1.SG2) Arrow Down: =AND(ID1.SG2[-1]<ID1.SG1[-1],ID1.SG1<ID1.SG2) where the MACD-Volume Weighted study is ID1. |
| [2015-10-21 20:28:47] |
| John M - Posts: 171 |
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and FWIW, The MACD Volume Weighted curves are not an option in the "Type" pulldown menu of the MACD Crossover System. I looked. Life would be sweet if it was. |
| [2015-10-21 20:29:51] |
| John M - Posts: 171 |
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ok, thanks, I'll try that.
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| [2015-10-21 20:54:32] |
| John M - Posts: 171 |
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ok, I get the indicator but when applied to the chart the chart is flattened to zero and when the chart is reset so the actual trade candles are visible, the Color Bar Based on Alert Condition arrows are not visible, they appear to be somewhere far below the chart information. How does can that be adjusted so they appear in the useful area of the chart ? Ideally they would be appearing like the Crossover System but somewhere visible would be good. FWIW, the MACD Volume Weighted is ID4 and the Alert formula was adjusted accordingly. I don't think that would cause the problem. |
| [2015-10-21 21:07:48] |
| John M - Posts: 171 |
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Confirming that the Color Bar Based on Alert Condition arrows for MACD Volume Weighted are appearing on the 0 of the Y axis. ES is trading around 2000 points higher on the Y axis so they are not visible where the action is happening. Is there an offset or a method that can be applied to the Color Bar Based on Alert Condition arrows to get them where they need to be? Even better, can MACD Volume Weighted be made an option for MACD System indicators? thanks. |
| [2015-10-21 21:51:37] |
| Sawtooth - Posts: 4141 |
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In each instance of the color bar study, set the 'Output When Condition True' to 'Use Input Data', then set the 'Input Data' to 'Low' in the Arrow Up instance, and 'High' in the Arrow Down instance.
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| [2015-10-21 22:09:09] |
| John M - Posts: 171 |
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Worked Like A Champ ! thank you so much. |
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