My LR Chanel on MACD Histogram doesn't work

• 07/13/2018 at 7:30 AM #75891
  thomas2004ch

  Hi,

  I try to apply the LR-Chanel indicator created by Nikolas on the MACD Histogram but it shows nothing when I add this onto the MACD.

  My code looks as follow:

  REM Dieses Beispiel berechnet den MACD Indikator. //Parameters : // Len = 100 // percent = 0.002 fastMA = exponentialAverage[p](close) slowMA = exponentialAverage[q](close) myMACD = fastMA - slowMA line1 = exponentialAverage[r](myMACD) hist = myMACD - line1 once j=0 de48=DPO[Len*2](hist) if de48=de48[1] and de48[1]=de48[2] and de48[2]<>de48[3] then flag=1 endif n=(Len*2)-4 p=(n/2)-1 d100=DPO[n](hist) moy100=hist-d100 co=(moy100-moy100[1]+(hist[p])/n)*n if flag=1 and flag[1]=0 then test=linearregression[Len](co) test1=linearregressionslope[Len](co) a=test1 b=test-test1*Len endif if flag=0 then reg=undefined else j=j+1 reg=a*j+b endif RETURN reg COLOURED(255,0,0) as "channel center"

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40

  REM Dieses Beispiel berechnet den MACD Indikator.   //Parameters : // Len = 100 // percent = 0.002   fastMA = exponentialAverage[p](close) slowMA = exponentialAverage[q](close)   myMACD = fastMA - slowMA line1 = exponentialAverage[r](myMACD)   hist = myMACD - line1   once j=0 de48=DPO[Len*2](hist) if de48=de48[1] and de48[1]=de48[2] and de48[2]<>de48[3] then flag=1 endif n=(Len*2)-4 p=(n/2)-1 d100=DPO[n](hist) moy100=hist-d100 co=(moy100-moy100[1]+(hist[p])/n)*n if flag=1 and flag[1]=0 then test=linearregression[Len](co) test1=linearregressionslope[Len](co) a=test1 b=test-test1*Len endif if flag=0 then reg=undefined else j=j+1 reg=a*j+b endif RETURN reg COLOURED(255,0,0) as "channel center"

   

   

  

  thomas2004ch

  Participant

  Topics: 27

  Replies: 39

  Been thanked: 1 time
  07/13/2018 at 10:02 AM #75901
  Nicolas

  Where is from the original code of the LR channel please?

  In your code, flag will never be equal to 1 and thus calculation of the channel will never start. Condition at line 17 will surely never be true, that’s where the trouble is, at the first glance.

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4773 times
  07/13/2018 at 8:47 PM #75935
  thomas2004ch

  Hi Nicolas,

  I forgot where I exactly see this code. It is definitely from this forum. I though it was from you.

  >>…Condition at line 17 will surely never be true…

  Why? If I replace the ‘hist’ with ‘close’ or ‘high’ or ‘low’. It works (without the MACD code).

   

  

  thomas2004ch

  Participant

  Topics: 27

  Replies: 39

  Been thanked: 1 time
  07/13/2018 at 8:50 PM #75937
  thomas2004ch

  Now I find out where I see the LR Channel code. It is here:

  https://www.prorealcode.com/prorealtime-indicators/linear-regression-channel-with-percent-upper-and-lower-lines/

  

  thomas2004ch

  Participant

  Topics: 27

  Replies: 39

  Been thanked: 1 time
• Author
  Posts