Signals on different timeframes

• 12/22/2024 at 7:28 PM #241705
  adeelq79

  Ivan kindly built the code for zero lag buy and sell indicator from AlgoAlpha (This Zero-Lag BUY SELL Indicator Makes All The Others OBSOLETE). I was wondering if anyone could enhance the code to add the signals across the different timeframes as per the screenshot.

  Attached is the code and a screenshot of the table I’m seeking to add.

  Thanks

   

   

  

  adeelq79

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  12/22/2024 at 8:22 PM #241711
  LucasBest

  Those who makes indicators and called them zero-lag signals must have a big sense of humor! 🙂

  

  LucasBest

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  12/22/2024 at 8:59 PM #241714
  JS

  Hi @LucasBest

  Can you explain your remark?

  

  JS

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  12/22/2024 at 9:22 PM #241716
  LucasBest

  JS wrote:

  Hi @LucasBest

  Can you explain your remark?

  Well, look at the picture, when the buy signal is given by the indicatore, the price go down and vice versa… That is not no lag for me as it is little bit too late to enter there…
  So i think it ‘s funny to say “no lag” when it is abviously too late…

  

  LucasBest

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  12/22/2024 at 9:36 PM #241718
  JS

  This is because the wrong “zero lag” formula is being used…
  The “zero lag” formula in use is only intended for simple moving averages, as the average is approximately in the middle of the “window”…
  The window is equal to the period (N).
  Zerolag = Round((N-1)/2)
  When applied to an exponential moving average, the average is no longer in the middle of the “window.” This is because in an EMA, emphasis is placed on recent prices, causing the average to shift forward, and so the zero lag formula is no longer accurate…

  

  JS

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  12/22/2024 at 11:38 PM #241720
  adeelq79

  I’ve been testing this indicator and it better used as a ‘band’ which attracts price and then it can be used for entry and stops. Should align to other indicators for confluence. If you back test it you will see how this acts as a zone. The ZLMA has been around for a while so not a new concept.

  

  adeelq79

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  12/24/2024 at 9:32 AM #241744
  Iván

  Hi! I already did it.
  https://www.prorealcode.com/topic/zero-lag-trend-signals-indicator-by-algoalpha/

  

  Iván

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  12/24/2024 at 10:33 AM #241746
  PeterSt

  Hi @Iván,

  See the first post in this thread. The mentioned “Ivan built” is past tense. So adeelq79 is asking for an addition now.
  Or else I miss the point myself ? 🙂

  

  PeterSt

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  12/25/2024 at 1:25 AM #241782
  adeelq79

  Thanks Peter. And yes Ivan you did build the code, which works great, but you have not coded to show the signals on different timeframes as per the image. Is it possible to add to the orignial code to include this table?

  

  adeelq79

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  12/25/2024 at 11:47 AM #241784
  JS

  Hi @adeelq79

  Here’s the basic version…

  Use enough units to calculate all the averages correctly and as expected, the combination of five timeframes and their corresponding units is a challenge for your computer… 🙂

  Zero Lag Trend Signals MTF

  DefParam DrawOnLastBarOnly=True length=20 mult=1.2 src=close TimeFrame(5 minutes) lag=floor((length-1)/2) myzlema5=average[length,1](src+(src-src[lag])) atr5=averagetruerange[length](close) volatil5=highest[length*3](atr5)*mult if close > myzlema5+volatil5 then DrawText("TF 5min",-300,-50,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bullish",-200,-50,SansSerif,Bold,15)Anchor(TopRight)Coloured("Green") elsif close < myzlema5-volatil5 then DrawText("TF 5min",-300,-50,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bearish",-100,-50,SansSerif,Bold,15)Anchor(TopRight)Coloured("Red") else DrawText("TF 5min",-300,-50,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Neutral",-100,-50,SansSerif,Bold,15)Anchor(TopRight)Coloured("White") EndIf TimeFrame(15 minute) myzlema15=average[length,1](src+(src-src[lag])) atr15=averagetruerange[length](close) volatil15=highest[length*3](atr15)*mult if close > myzlema15+volatil15 then DrawText("TF 15min",-300,-75,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bullish",-200,-75,SansSerif,Bold,15)Anchor(TopRight)Coloured("Green") elsif close < myzlema15-volatil15 then DrawText("TF 15min",-300,-75,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bearish",-100,-75,SansSerif,Bold,15)Anchor(TopRight)Coloured("Red") else DrawText("TF 15min",-300,-75,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Neutral",-100,-75,SansSerif,Bold,15)Anchor(TopRight)Coloured("White") endif TimeFrame(1 hour) myzlema1H=average[length,1](src+(src-src[lag])) atr1H=averagetruerange[length](close) volatil1H=highest[length*3](atr1H)*mult if close > myzlema1H+volatil1H then DrawText("TF 1hour",-300,-100,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bullish",-200,-100,SansSerif,Bold,15)Anchor(TopRight)Coloured("Green") elsif close < myzlema1H-volatil1H then DrawText("TF 1hour",-300,-100,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bearish",-100,-100,SansSerif,Bold,15)Anchor(TopRight)Coloured("Red") else DrawText("TF 1hour",-300,-100,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Neutral",-100,-100,SansSerif,Bold,15)Anchor(TopRight)Coloured("White") endif TimeFrame(4 hour) myzlema4H=average[length,1](src+(src-src[lag])) atr4H=averagetruerange[length](close) volatil4H=highest[length*3](atr4H)*mult if close > myzlema4H+volatil4H then DrawText("TF 4hour",-300,-125,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bullish",-200,-125,SansSerif,Bold,15)Anchor(TopRight)Coloured("Green") elsif close < myzlema4H-volatil4H then DrawText("TF 4hour",-300,-125,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bearish",-100,-125,SansSerif,Bold,15)Anchor(TopRight)Coloured("Red") else DrawText("TF 4hour",-300,-125,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Neutral",-100,-125,SansSerif,Bold,15)Anchor(TopRight)Coloured("White") endif TimeFrame(1 day) myzlema1D=average[length,1](src+(src-src[lag])) atr1D=averagetruerange[length](close) volatil1D=highest[length*3](atr1D)*mult if close > myzlema1D+volatil1D then DrawText("TF 1day",-300,-150,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bullish",-200,-150,SansSerif,Bold,15)Anchor(TopRight)Coloured("Green") elsif close < myzlema1D-volatil1D then DrawText("TF 1 day",-300,-150,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bearish",-100,-150,SansSerif,Bold,15)Anchor(TopRight)Coloured("Red") else DrawText("TF 1 day",-300,-150,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Neutral",-100,-150,SansSerif,Bold,15)Anchor(TopRight)Coloured("White") endif return (myzlema5+volatil5)as "zlema5+vol5" Coloured("Red"),(myzlema5-volatil5) as "zlema5-vol5" Coloured("Red"),(myzlema15+volatil15)as "zlema15+vol15" Coloured("Green"),(myzlema15-volatil15) as "zlema15-vol15" Coloured("Green"),(myzlema1H+volatil1H)as "zlema1H+vol1H" Coloured("Blue"),(myzlema1H-volatil1H) as "zlema1H-vol1H" Coloured("Blue"),(myzlema4H+volatil4H)as "zlema4H+vol4H" Coloured("Yellow"),(myzlema4H-volatil4H) as "zlema4H-vol4H" Coloured("Yellow"),(myzlema1D+volatil1D)as "zlema1D+vol1D" Coloured("Purple"),(myzlema1D-volatil1D) as "zlema1D-vol1D" Coloured("Purple")

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  DefParam DrawOnLastBarOnly=True   length=20 mult=1.2 src=close   TimeFrame(5 minutes) lag=floor((length-1)/2)   myzlema5=average[length,1](src+(src-src[lag])) atr5=averagetruerange[length](close) volatil5=highest[length*3](atr5)*mult   if close > myzlema5+volatil5 then DrawText("TF 5min",-300,-50,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bullish",-200,-50,SansSerif,Bold,15)Anchor(TopRight)Coloured("Green") elsif close < myzlema5-volatil5 then DrawText("TF 5min",-300,-50,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bearish",-100,-50,SansSerif,Bold,15)Anchor(TopRight)Coloured("Red") else DrawText("TF 5min",-300,-50,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Neutral",-100,-50,SansSerif,Bold,15)Anchor(TopRight)Coloured("White") EndIf   TimeFrame(15 minute) myzlema15=average[length,1](src+(src-src[lag])) atr15=averagetruerange[length](close) volatil15=highest[length*3](atr15)*mult   if close > myzlema15+volatil15 then DrawText("TF 15min",-300,-75,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bullish",-200,-75,SansSerif,Bold,15)Anchor(TopRight)Coloured("Green") elsif close < myzlema15-volatil15 then DrawText("TF 15min",-300,-75,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bearish",-100,-75,SansSerif,Bold,15)Anchor(TopRight)Coloured("Red") else DrawText("TF 15min",-300,-75,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Neutral",-100,-75,SansSerif,Bold,15)Anchor(TopRight)Coloured("White") endif   TimeFrame(1 hour) myzlema1H=average[length,1](src+(src-src[lag])) atr1H=averagetruerange[length](close) volatil1H=highest[length*3](atr1H)*mult   if close > myzlema1H+volatil1H then DrawText("TF 1hour",-300,-100,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bullish",-200,-100,SansSerif,Bold,15)Anchor(TopRight)Coloured("Green") elsif close < myzlema1H-volatil1H then DrawText("TF 1hour",-300,-100,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bearish",-100,-100,SansSerif,Bold,15)Anchor(TopRight)Coloured("Red") else DrawText("TF 1hour",-300,-100,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Neutral",-100,-100,SansSerif,Bold,15)Anchor(TopRight)Coloured("White") endif   TimeFrame(4 hour) myzlema4H=average[length,1](src+(src-src[lag])) atr4H=averagetruerange[length](close) volatil4H=highest[length*3](atr4H)*mult   if close > myzlema4H+volatil4H then DrawText("TF 4hour",-300,-125,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bullish",-200,-125,SansSerif,Bold,15)Anchor(TopRight)Coloured("Green") elsif close < myzlema4H-volatil4H then DrawText("TF 4hour",-300,-125,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bearish",-100,-125,SansSerif,Bold,15)Anchor(TopRight)Coloured("Red") else DrawText("TF 4hour",-300,-125,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Neutral",-100,-125,SansSerif,Bold,15)Anchor(TopRight)Coloured("White") endif   TimeFrame(1 day) myzlema1D=average[length,1](src+(src-src[lag])) atr1D=averagetruerange[length](close) volatil1D=highest[length*3](atr1D)*mult   if close > myzlema1D+volatil1D then DrawText("TF 1day",-300,-150,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bullish",-200,-150,SansSerif,Bold,15)Anchor(TopRight)Coloured("Green") elsif close < myzlema1D-volatil1D then DrawText("TF 1 day",-300,-150,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Bearish",-100,-150,SansSerif,Bold,15)Anchor(TopRight)Coloured("Red") else DrawText("TF 1 day",-300,-150,SansSerif,Bold,15)Anchor(TopRight)Coloured("Grey") DrawText("Neutral",-100,-150,SansSerif,Bold,15)Anchor(TopRight)Coloured("White") endif   return (myzlema5+volatil5)as "zlema5+vol5" Coloured("Red"),(myzlema5-volatil5) as "zlema5-vol5" Coloured("Red"),(myzlema15+volatil15)as "zlema15+vol15" Coloured("Green"),(myzlema15-volatil15) as "zlema15-vol15" Coloured("Green"),(myzlema1H+volatil1H)as "zlema1H+vol1H" Coloured("Blue"),(myzlema1H-volatil1H) as "zlema1H-vol1H" Coloured("Blue"),(myzlema4H+volatil4H)as "zlema4H+vol4H" Coloured("Yellow"),(myzlema4H-volatil4H) as "zlema4H-vol4H" Coloured("Yellow"),(myzlema1D+volatil1D)as "zlema1D+vol1D" Coloured("Purple"),(myzlema1D-volatil1D) as "zlema1D-vol1D" Coloured("Purple")

   

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  JS

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  12/26/2024 at 11:41 AM #241797
  adeelq79

  Thank you JS, I will gove this a try.

  

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  12/31/2024 at 2:52 PM #242004
  larouedegann

  YOU can see that

  https://www.youtube.com/watch?v=X4l5kOsFYvQ

  

  larouedegann

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