rajibde said:
Hi LEOVIRGO,
If I try your equation in the easylanguage with just 'CCI' then it passes the verification test but no matter what I try to do to get the same thing for the 'CCI avg ' in the MACCI code (received from Iraj)- it does not pass the verification test- any suggestions from any one please?
Raj
Trader333 said:
Hi Paul,
For the higher timeframes, I would like the CCIavg values (as seen on the 'Iraj-MACCI-receive') to change the background colours to red or green as the case may be to indicate if the higher TFs (for INDU) are trending dn or up. This is with a view to find out at any instant if the market in general is moving up or down.
Cheers!
Raj
Taking the code fragment:
if value1(0) > value(1) and value1(1) > value1(2) then
If the previous values of value1 are required then square brackets should be used instead of round brackets - [ ] instead of ( ). So:
if value[0] > value[1] and value[1] > value[2] then
should work.
if value1(0) > value(1) and value1(1) > value1(2) then
If the previous values of value1 are required then square brackets should be used instead of round brackets - [ ] instead of ( ). So:
if value[0] > value[1] and value[1] > value[2] then
should work.
leovirgo said:
I have tried adding the following code after Iraj'sMacci-Receive code (for all the three values) and it passes the verification test-once the market opens tomorrow, I'll know if it actually indicates correctly or not.
if value1[0] > value1[1] and value1[1] > value1[2] then
setplotbgcolor (1, Green);
if value1[0] < value1[1] and value1 [1] < value1[2] then
setplotbgcolor (1, Red);
Rajibde
I think you need to consider the timeframe of the radarscreen line in which you have placed the MACCI Receive. I think the square brackets code will compare the values of each macci now to the value at the last bar end and the one before based on the timeframe of the displaying RS not the sending RS and its timeframe, if that makes sense. That is not necessarily a problem, but if you don't get the results you expect then perhaps have a look into that area.
Edit: If you want to base it on the bars within the calculating timeframe then you could make the comparison in the sending routine and set additional global variables with flag values to indicate up or down. Then pick these up in the receive routine and use them to set the colours. There might be benefit in using the receiving timeframe though as you can tune the speed of detecting a turn independently of the calculation timeframe (eg use values of the 15 min macci as at now, 5 and 10 minutes ago to trigger an "alert".
Regards,
Gareth
I think you need to consider the timeframe of the radarscreen line in which you have placed the MACCI Receive. I think the square brackets code will compare the values of each macci now to the value at the last bar end and the one before based on the timeframe of the displaying RS not the sending RS and its timeframe, if that makes sense. That is not necessarily a problem, but if you don't get the results you expect then perhaps have a look into that area.
Edit: If you want to base it on the bars within the calculating timeframe then you could make the comparison in the sending routine and set additional global variables with flag values to indicate up or down. Then pick these up in the receive routine and use them to set the colours. There might be benefit in using the receiving timeframe though as you can tune the speed of detecting a turn independently of the calculation timeframe (eg use values of the 15 min macci as at now, 5 and 10 minutes ago to trigger an "alert".
Regards,
Gareth
Last edited:
garethb said:
Hi Gareth,
Thanks a lot for your reply. I had to disable my attempt as the receive started to give all kinds of spurious colours-even in the alert box.
I am trying to figure out a way to make the code as per your suggestion (might take quite some time
).Cheers!
Raj
leovirgo
Senior member
- Messages
- 3,161
- Likes
- 156
Hi RD,
These are my codes and they work for me. You just need to define UpColor, DownColor as inputs. Here, it also shows magenta color when MACCI is either OB or OS.
The codes are embedded in CCI receiver. It can be used in any RadarScreen with any TF as long as you have the matching Symbols. You can send MACCI from 1min, 3min, 5min and you can still receive them from daily RS or 60mins RS, no problem. I will post my RS screen shot when market goes live.
cheers,..
If LastBarOnChart then
CCIAvg1 = GVGetNamedFloat( GetSymbolName + "CCISender1", ErrorCode );
CCIAvg2 = GVGetNamedFloat( GetSymbolName + "CCISender2", ErrorCode );
CCIAvg3 = GVGetNamedFloat( GetSymbolName + "CCISender3", ErrorCode );
CCIAvg4 = GVGetNamedFloat( GetSymbolName + "CCISender4", ErrorCode );
If CCIAvg1 <>ErrorCode then
If CCIAvg1 > 100 or CCIAvg1 < -100 then
Plot2(CCIAvg1, "CCIAvg1", Magenta ) ;
If CCIAvg1 > -100 and CCIAvg1 < 100 then Begin
IF CCIAvg1 > CCIAvg1[2] then Plot2(CCIAvg1,"CCIAvg1",UpColor );
If CCIAvg1 < CCIAvg1[2] then Plot2( CCIAvg1, "CCIAvg1", DownColor ) ;
End;
These are my codes and they work for me. You just need to define UpColor, DownColor as inputs. Here, it also shows magenta color when MACCI is either OB or OS.
The codes are embedded in CCI receiver. It can be used in any RadarScreen with any TF as long as you have the matching Symbols. You can send MACCI from 1min, 3min, 5min and you can still receive them from daily RS or 60mins RS, no problem. I will post my RS screen shot when market goes live.
cheers,..
If LastBarOnChart then
CCIAvg1 = GVGetNamedFloat( GetSymbolName + "CCISender1", ErrorCode );
CCIAvg2 = GVGetNamedFloat( GetSymbolName + "CCISender2", ErrorCode );
CCIAvg3 = GVGetNamedFloat( GetSymbolName + "CCISender3", ErrorCode );
CCIAvg4 = GVGetNamedFloat( GetSymbolName + "CCISender4", ErrorCode );
If CCIAvg1 <>ErrorCode then
If CCIAvg1 > 100 or CCIAvg1 < -100 then
Plot2(CCIAvg1, "CCIAvg1", Magenta ) ;
If CCIAvg1 > -100 and CCIAvg1 < 100 then Begin
IF CCIAvg1 > CCIAvg1[2] then Plot2(CCIAvg1,"CCIAvg1",UpColor );
If CCIAvg1 < CCIAvg1[2] then Plot2( CCIAvg1, "CCIAvg1", DownColor ) ;
End;
Trader333
Moderator
- Messages
- 8,753
- Likes
- 1,026
Hi Everyone,
I am curious to know how many (and what) time frames people are using for multi time frame analysis on intra-day trading. I know some were using 1,3,5 10 and 60 min but I would be interested to hear what others are using and how they have found it.
Paul
I am curious to know how many (and what) time frames people are using for multi time frame analysis on intra-day trading. I know some were using 1,3,5 10 and 60 min but I would be interested to hear what others are using and how they have found it.
Paul
Hi Paul,Trader333 said:
I’ve been using the following MTF’s:
1, 3, 5, 10, 15, 30 & 60-Min for both the Market and one Stock Symbol Linked to each MTF chart, and use two sets of MTF charts (I’m able to do this since I have 6-Monitors).
Obviously, the longer TF’s (30 & 60-Min) has helped me ID the trend or direction of the Market. The ID of the MACCI (CCI-6,5ma) O/S conditions near the end of day on Friday were accurate, and showed the turn from the 60-Min starting at 13:00 (ET-NY), while the 30-Min showed it at 14:00, and the 15-Min was O/S at 12:30, all turns starting from below – 100, indicated that the Dow continued to be O/S. I do continuously check the 30 & 60-Min TF’s during the day for these purposes.
With the DOW being – 102.3 (Net Change) @ 14:00, and – 94.29 @ 15:54, indicated that the Market was O/S as well, and was in a Down Trend, as if we didn’t know the trend from the blood on the streets during the last three days. Thanks to Grey1’s statement that when the Dow is > + / - 50.0 (Net) the market is trending, thus no oscillations, which did help bring confidence about the continual O/S conditions, previously on other occasions. What I’m trying to say here is that after the listed times the O/S MACCI’s did make turns as to indicate that Longs were appropriate, but not in a Trending Down market.
By the way, thanks for the question, since it’s been quite for some time. It’ll be interesting on what others are using.
NasTrader
