Make Indicator work on Different Timeframes

• 08/03/2022 at 11:04 AM #198410
  Bard

  Hi there, I don’t know if this is a Timeframe issue but I have a “percent moves” indicator that is used on a Daily chart that I want to be able to use on a 12, 8 or 1 hr chart. I think it’s the AnchorDate code that is not allowing me to use the code? How would I convert this so that I can choose an AnchorDate too?

  Cheers,
  Bard

  Percent Success

  //Version 2.1 //DEFPARAM DrawOnLastBarOnly = true Timeframe(Daily,UpdateOnClose) //Timeframe(Hourly,UpdateOnClose) //ONCE DTE = 15 //15 bars //ONCE pcUP = 5 //5% each move //ONCE pcDN = -5 ONCE tUP = 0 //tally ONCE tDN = 0 //ONCE n = 0 //tally 15-period chunks //ONCE BarInc = DTE //0/1 = tally ALL big moves even if consecutive, 2...= tally only in chunks AnchorDate = 20200127 //Date anchor YYYYMMDD format if date=anchordate then startbar=barindex endif lookback = max(1,barindex-startbar) if lookback>0 and date>=AnchorDate then ONCE BarStart = period if closeVSrange = 1 then pcMove = 100 * (close - close[period]) / close[period] elsif closeVSrange = 0 then pcMove = 100 * (highest[period](high) - lowest[period](low)) / lowest[period](low) endif pcMove = 100 * (close - close[DTE]) / close[DTE] sigma = std[period](pcmove) pcMoveCorr = pcMove / sigma pcUPmod = pcUP/sigma pcDNmod = pcDN/sigma tUP = 0 tDN = 0 IF BarIndex >= BarStart THEN for i = 1 to barindex-barstart if pcMoveCorr[i] > pcUpmod then tUP = tUP + 1 elsif pcMoveCorr[i] <- pcDnmod then tDN = tDN + 1 endif next PerCentUP = tUP * 100 / (barindex-barstart )//n PerCentDN = tDN * 100 / (barindex-barstart )//n endif endif RETURN PerCentUP coloured (0,255,0) style (line,2) as "Percent Chance P Moves Up to Target %", PerCentDN coloured (255,0,0) style (line,2) as "Percent Chance P Moves Down to Target %" //, pcUP/sigma coloured (0,210,0), pcDN/sigma coloured (210,0,0)//t AS "Tally", PerCent as "%"

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  //Version 2.1 //DEFPARAM DrawOnLastBarOnly = true Timeframe(Daily,UpdateOnClose) //Timeframe(Hourly,UpdateOnClose) //ONCE DTE = 15           //15 bars //ONCE pcUP = 5          //5% each move //ONCE pcDN = -5   ONCE tUP  = 0            //tally ONCE tDN  = 0 //ONCE n  = 0            //tally 15-period chunks //ONCE BarInc   = DTE      //0/1 = tally ALL big moves even if consecutive,   2...= tally only in chunks   AnchorDate = 20200127 //Date anchor YYYYMMDD format if date=anchordate then startbar=barindex endif   lookback = max(1,barindex-startbar) if lookback>0 and date>=AnchorDate then   ONCE BarStart = period   if closeVSrange = 1 then pcMove = 100 * (close - close[period]) / close[period] elsif closeVSrange = 0 then pcMove = 100 * (highest[period](high) - lowest[period](low)) / lowest[period](low) endif   pcMove = 100 * (close - close[DTE]) / close[DTE] sigma = std[period](pcmove) pcMoveCorr = pcMove / sigma     pcUPmod = pcUP/sigma pcDNmod = pcDN/sigma tUP = 0 tDN = 0 IF BarIndex >= BarStart THEN for i = 1 to barindex-barstart if pcMoveCorr[i] > pcUpmod then tUP = tUP + 1 elsif pcMoveCorr[i] <- pcDnmod then tDN = tDN + 1 endif next PerCentUP = tUP * 100 / (barindex-barstart )//n PerCentDN = tDN * 100 / (barindex-barstart )//n   endif endif     RETURN PerCentUP coloured (0,255,0) style (line,2) as "Percent Chance P Moves Up to Target %", PerCentDN coloured (255,0,0) style (line,2) as "Percent Chance P Moves Down to Target %"   //, pcUP/sigma coloured (0,210,0), pcDN/sigma coloured (210,0,0)//t AS "Tally", PerCent as "%"

   

  

  Bard

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  08/03/2022 at 12:08 PM #198415
  druby

  Hi..

  If you comment out lines 3, 14 and make anchordate a dynamic variable with a default value, that appears to work.

  Removing line 3, doesn’t link the code to another time frame other than the chart default.

  And adding ‘anchordate’ as a dynamic variable allow you to set an appropriate date depending on what chart time frame your on.

  That’s a simple solution.

  Additionally, because their’s no feedback between what you may set a dynamic value to, and whats acceptable in the code, you could set up some checking and an error message if you go out of an acceptable range.

  This might not be a problem because you may only setup once and forget.

  But for the date, you could compare the date ‘set’ with the date on bar zero to see if its in the chart’s loaded historical data. etc

  Just one last note, if your code uses a lot of dynamic variable, it’s best to export your code and upload. This save’s time and allow others to run your code with the settings you use and focus on getting a solution.

  Best regard

  

  druby

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