Rank: Member
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Joined: 10/22/2007(UTC)
Posts: 14
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Crossingvalue:=ValueWhen(1,Cross(L,Mov(C,89,S)),C);
Cross(C ,(Crossingvalue)+ATR(14))
This formula gives a signal when the close + ATR(14) closes higher than the close when the low crossed over the moving average.
My question is: I don't want any additional signals generated unless a new crossingvalue has been generated. How do I stop additional signals?
Thanks for your help!
Brent
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users
Joined: 7/12/2007(UTC)
Posts: 134
Location: Perth Western Australia
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Hi Brent,
{Your Indicator Name}
LxMA:=Cross(L,Mov(C,89,S));
Trigger:=Cross(C,ValueWhen(1,LxMA,C) + ATR(14));
Count:=Trigger;
Counter:=Cum(Count);
Reset:=LxMA;
Cross(Counter-ValueWhen(1,Reset,Counter),0.5)
Wabbit showed me how to use the last 4 lines of code when I had a similar problem.
Cheers,
oz
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Rank: Member
Groups: Registered, Registered Users
Joined: 10/22/2007(UTC)
Posts: 14
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Rank: Member
Groups: Registered, Registered Users
Joined: 10/22/2007(UTC)
Posts: 14
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Help!
I can't get the formula you sent to work. I also can't find the function "reset" that you used.
Brent
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Rank: Advanced Member
Groups: Registered, Registered Users, Unverified Users
Joined: 7/12/2007(UTC)
Posts: 134
Location: Perth Western Australia
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Brent,
"Reset" is a variable not a function.
Create a new formula in the Indicator Builder called "Crossover Trigger" and then copy & paste all 6 lines of code as per my above post.
If you insert the new formula in a separate window on a chart you will get a spike (value=1) on the first valad trigger of each setup.
Cheers,
oz
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