Add text on Divergence indicator

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Viewing 14 posts - 1 through 14 (of 14 total)
  • 03/14/2019 at 2:25 PM #93635
    segie

    Good day,

    I found this indicator in the library. Will it be possible to add a text  e.g  “Buy” or “Sell” just above or below the divergence lines?

    Regards,

    Segie

     

    03/14/2019 at 3:03 PM #93639
    Frans Botha

    Hi segie

     

    see code with text and arrows

     

     

    1 user thanked author for this post.
    avatar Nicolas
    03/14/2019 at 3:11 PM #93640
    robertogozzi

    There you go:

     

    1 user thanked author for this post.
    avatar Nicolas
    03/15/2019 at 8:29 AM #93738
    segie

    Awesome. Thank you all

    06/29/2021 at 5:38 AM #172693
    IG_CFD_Trader

    Hello Nicolas, Jose, Segie & Roberto,

    When the above indicator triggers, it lags by a few points. This is normal and correct with all MACD type indicators.

    Now assume I have it displayed on Chart and instead of having Drawsegment, I have Drawarrowup and Drawarrowdown instead. My question is:

    If I want to (on purpose) make it false trigger i.e. trigger the up and down arrows on Barindex[1] prematurely by say 10 index points before actual bullish and bearish conditions are triggered, how would I do that please?

    Many tnx in advance

    06/29/2021 at 8:35 AM #172699
    robertogozzi

    There’s no way to foretell if a signal will be returned next bar.

    You can only wait for the signal and when it shows you can plot something on the prior bar. It’s a ZigZag-like behavior called REPAINTING.

     

    06/29/2021 at 8:46 AM #172701
    IG_CFD_Trader

    Tnx Roberto. I am not sure if I explained myself properly.

    I want the signal to appear prematurely (i.e. prior prior and in advance of what it was going to appear).

    Let’s say the signal will appear when a condition is met (let’s say when current bar price is or reaches 7000). What I want is the signal to appear as the price approaches or near 7000 (say 7000 – x points, for example 6990)

    with the MACD indicator that JOSE has written, once the conditions that trigger the signals are understood, then we can alter those conditions to trigger on approach not on attainment. I am fully aware that this would defeat the purpose of the divergence/convergence but still that’s what I want to achieve and test. It would be like a prewarning of trouble ahead 🙂

    Hope this has clarified what I am trying to achieve.

    06/29/2021 at 8:56 AM #172702
    robertogozzi

    Yes, you had explained yourself clearly.

    If 7000 is lagging, you can replace it with 6990. Then 6990 will be lagging.

    Anyway, were it a fixed price, say 7000, you could easily wait when it is 6990, though not exactly, but with CLOSE how can you tell it’s now 10 points less than it will be next bar?

     

    06/29/2021 at 9:02 AM #172703
    IG_CFD_Trader

    Mate I used Close as just a plain example. The actual conditions for the signal trigger are those in the MACD on MACD indicator that is coded by JOSE and posted here in the forum. Have a look at this indicator and see if you can grasp the conditions that trigger the signal. if you can then see if there is a way to trigger the signal on approach of condition (i.e. pre-mature trigger) rather than on attainment of condition.

    06/29/2021 at 10:19 AM #172705
    robertogozzi

    Indicators are even worse than price, if the current price is 6990, on the rise, you may guess the next bar is approx. 7000, but how can you foretell next bar MACD will be 0 if now it’s -3?
    If you mean something like this:

    assuming next miMACD will be the current value + 2, it won’t work most of the times.

    07/01/2021 at 3:59 AM #172855
    IG_CFD_Trader

    tnx Roberto.

    The below attached file returns value of an indicator I have written on top or bottom of candle (green if positive and red if negative). The value is live and dynamic i.e. it changes up and down for the duration of the timeframe. At the end of time frame, the value freezes and becomes historic, green if positive by end of time frame and red if negative by end of time frame). So far so easy and straightforward.

    My question is:

    How can I display the rate the value is changing per minute? is that possible with an array or some other simpler code?

    07/01/2021 at 7:06 AM #172856
    robertogozzi

    The file is missing.

     

    07/01/2021 at 7:34 AM #172858
    IG_CFD_Trader

    It was a picture. I here attach it again

    07/01/2021 at 8:58 AM #172864
    robertogozzi

    It’s the same answer I posted here https://www.prorealcode.com/topic/creating-timer-to-capture-indicator-values-at-intervals/.

    You can display values every 15 minutes on a 1-minute TF, not the other way round.

     

     

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