Code Generating incorrect entry point

• 05/14/2024 at 7:53 AM #232614
  pdrh

  I have an indicator which I copied from the Forums which generates a long entry signal

  a=MACD[12,26,9](close) if (a crosses under 0) then basso=low barrabasso=barindex endif if a<0 then if low<basso then basso=low barrabasso=barindex endif endif if a crosses over 0 then DRAWARROWUP(barrabasso, basso-1)coloured(255,255,255) endif return

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  a=MACD[12,26,9](close) if (a crosses under 0) then basso=low barrabasso=barindex endif if a<0 then if low<basso then basso=low barrabasso=barindex endif endif if a crosses over 0 then DRAWARROWUP(barrabasso, basso-1)coloured(255,255,255) endif return

  So I thought I could use this in an Algo as below

  DEFPARAM CumulateOrders = False // Cumulating positions deactivated a=MACD[12,26,9](close) if (a crosses under 0) then basso=low barrabasso=barindex endif if a<0 then if low<basso then basso=low barrabasso=barindex endif endif LNG=a crosses over 0 if LNG and not longonmarket then buy 3 contracts at market endif set Stop Ploss SL set target pprofit TP graph LNG

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  DEFPARAM CumulateOrders = False // Cumulating positions deactivated a=MACD[12,26,9](close) if (a crosses under 0) then basso=low barrabasso=barindex endif if a<0 then if low<basso then basso=low barrabasso=barindex endif endif LNG=a crosses over 0 if LNG and not longonmarket then buy 3 contracts at market endif set Stop Ploss SL set target pprofit TP graph LNG

  The algo generates an entry signal which is later than the indicator signal even though the code for the 2 is the same .

  Help please

  

  pdrh

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  05/14/2024 at 8:00 AM #232616
  PeterSt

  An obvious reason would be that the Indicator generates “in bar” an Entry arrow (works at Tick level), which is not valid any more at the transition to the next bar with the longer timeframe (like 1 hour).

  Could that be the situation at hand ?

  

  PeterSt

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  05/14/2024 at 8:35 AM #232618
  JS

  The indicator is “repainting”…

  When drawing the “DrawArrowUP”, the indicator uses a bar index (barrabasso) and a value (basso) that do not come from the “MACD crosses under” but from the “Low” values…

  This is where it goes wrong, the “Arrow” doesn’t use the values of the “Crosses Under” but of the “Low” value…

  If Low<basso then

  basso=low

  barrabasso=barindex

  EndIf

  If you don’t use this piece of code, you will get the same signals…

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  pdrh

  

  JS

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  05/14/2024 at 11:00 PM #232646
  pdrh

   

  Yes it is repainting. Takes my 88 year old brain a while to see these things sometimes.!

   

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  JS

  

  pdrh

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