Here you go
The basic problem you had is that you ran into an 8 buffers limitation and that is why it did not work (even though you declared one additional buffer, it was actually not existing (you could eventually see it in run time errors - the "invalid buffer index" error) so room for that additional buffer needed to be made
I was trying to the add the smoothing effect of one of your "SchaffTrendcycle1" indicator to one that changes color but I failed badly. I left the text of changes in the new indicaror "Schaff Trend Cycle nrp". I was woundering if you could help me correct it.
Alert when both ADX and +/-DI slope up
Thanks again so very much for your amazing work.
If it doesn't already exist, might you cook up an alert for ADX that alerts when both ADX line and DI plus/minus line slope up?
And if it's not alot of extra work, perhaps with optional additional confirmation from upsloping deviations?
...Might be getting into EA territory here...
Thanks again and again for your previous help!
Correlations - macd to price
These indicators are a part of a test and might be useful in a couple of things.
Correlations - RSI to price
A RSI to price version of Pearson correlation
Interesting is the high correlation even without any smoothing
Correlations - Stochastic to price
A Stochastic to price version of Pearson correlation
A pleasant weekend to all
Average Directional Movement Index
Non Or Interpolate
I had hoped by leaving my feable attemp at programmiing in the text you would show me the errors of my ways.Thank you very much for the explaination and programming lesson. With each nugget of knowledge I hope to bother you less.
Dear Mladen. Please tell me how to use this indicator. Thanks a lot
I wish to learn how to use this indicator properly (when to go short, and when to go long, based on what signal?, where to put stop loss, and take profit? and which time-frame is good to use this indicator?).
Thanks for your information.
By the way, your indicator is really very nice. If I know how to use it correctly, then, it will be very perfect.
As of stop losses : maybe a good way of managing stop losses would be to use a trailing stop (that could prevent some orders already in gain become a losing ones - in case of sudden opposite swings - and it could prevent those "price excursions" on the opposite side of the swing line cause premature closes) In any case, a position should be closed if the direction changes
The good thing about this indicator is that, unlike other swing detecting indicators, it does not change previous signals (a lot of swing indicators are in fact a kind of a zigzag, this one has nothing to do with a zigzag) So, if the color is changed and a bar is closed, it will not change.
PS: since the indicator depends on highs and lows, and since those can change on an opened bar, one should wait for the bar to close (so if you use alerts, set the alertsOnCurrent to false)