Plot indicator on the Chart

• 04/18/2020 at 12:25 PM #126725
  vcharlesc

  Dear friends,

  I having problem with plotting indicator (itf. file) on the chart , it was plotted below from the chart.

  How do set this indicator on the chart.

  

  vcharlesc

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  04/18/2020 at 12:39 PM #126728
  Nicolas

  Add it on the price, by clicking on “price” then “add indicator”.

  

  Nicolas

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  04/18/2020 at 3:25 PM #126747
  vcharlesc

  Dear Nicolas,

  Thanks for your prompt response.

  

  vcharlesc

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  01/10/2025 at 12:34 PM #242381
  vcharlesc

  defparam drawonlastbaronly = true

  // Parameters for Moving Averages, Bollinger Bands, and Volume Threshold
  emaShortPeriod = 9
  emaLongPeriod = 21
  bollingerPeriod = 20
  bollingerDeviation = 2
  volumeMultiplier = 1.5
  arrowLength = 10 // Length of the arrow in price units

  // Calculate EMAs, Bollinger Bands, and Volume
  emaShort = exponentialaverage[emaShortPeriod]
  emaLong = exponentialaverage[emaLongPeriod]
  bollingerMiddle = average[bollingerPeriod]
  bollingerUpper = bollingerMiddle + std[bollingerPeriod] * bollingerDeviation
  bollingerLower = bollingerMiddle – std[bollingerPeriod] * bollingerDeviation
  averageVolume = average[50](volume)

  // Signal Conditions
  isBuySignal = emaShort > emaLong and close < bollingerLower and volume > averageVolume * volumeMultiplier
  isSellSignal = emaShort < emaLong and close > bollingerUpper and volume > averageVolume * volumeMultiplier

  // Draw Segments for Buy Signals
  if isBuySignal then
  DRAWSEGMENT(barindex, low – arrowLength, barindex, low, rgb(0,255,0)) // Green upward segment for Buy
  endif

  // Draw Segments for Sell Signals
  if isSellSignal then
  DRAWSEGMENT(barindex, high + arrowLength, barindex, high, rgb(255,0,0)) // Red downward segment for Sell
  endif

  // Display EMA lines for trend identification
  return emaShort as “EMA Short”, emaLong as “EMA Long”

  

  vcharlesc

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  01/10/2025 at 12:35 PM #242383
  vcharlesc

  vcharlesc wrote:

  defparam drawonlastbaronly = true

  // Parameters for Moving Averages, Bollinger Bands, and Volume Threshold

  emaShortPeriod = 9

  emaLongPeriod = 21

  bollingerPeriod = 20

  bollingerDeviation = 2

  volumeMultiplier = 1.5

  arrowLength = 10 // Length of the arrow in price units

  // Calculate EMAs, Bollinger Bands, and Volume

  emaShort = exponentialaverage[emaShortPeriod]

  emaLong = exponentialaverage[emaLongPeriod]

  bollingerMiddle = average[bollingerPeriod]

  bollingerUpper = bollingerMiddle + std[bollingerPeriod] * bollingerDeviation

  bollingerLower = bollingerMiddle – std[bollingerPeriod] * bollingerDeviation

  averageVolume = average[50](volume)

  // Signal Conditions

  isBuySignal = emaShort > emaLong and close < bollingerLower and volume > averageVolume * volumeMultiplier

  isSellSignal = emaShort < emaLong and close > bollingerUpper and volume > averageVolume * volumeMultiplier

  // Draw Segments for Buy Signals

  if isBuySignal then

  DRAWSEGMENT(barindex, low – arrowLength, barindex, low, rgb(0,255,0)) // Green upward segment for Buy

  endif

  // Draw Segments for Sell Signals

  if isSellSignal then

  DRAWSEGMENT(barindex, high + arrowLength, barindex, high, rgb(255,0,0)) // Red downward segment for Sell

  endif

  // Display EMA lines for trend identification

  return emaShort as “EMA Short”, emaLong as “EMA Long”

  Help me fix this error

  

  vcharlesc

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  01/10/2025 at 2:27 PM #242394
  JC_Bywan

  Hi,

  DRAWSEGMENT(barindex, low – arrowLength, barindex, low, rgb(0,255,0)) // Green upward segment for Buy

  … is not the correct syntax to assign a color to your segment, instead it should be written as follows:

  DRAWSEGMENT(barindex, low – arrowLength, barindex, low) coloured(0,255,0) // Green upward segment for Buy

   

  Same thing for the red one and its incorrect rgb(255,0,0), full line to be replaced with:

  DRAWSEGMENT(barindex, high + arrowLength, barindex, high) coloured(255,0,0) // Red downward segment for Sell

   

  1 user thanked author for this post.

  vcharlesc

  

  JC_Bywan

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