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Mejeur  
#1 Posted : Friday, April 17, 2020 2:28:37 PM(UTC)
Mejeur

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I know that this is going to be very simple for some of you but not for me lol. What I am looking for is to add the stochastic momentum index to the trend analysis group. Where it searches, tests, and puts a signal on the chart with the advisor as the macd does.
MS Support  
#2 Posted : Friday, April 17, 2020 3:12:42 PM(UTC)
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Originally Posted by: Mejeur Go to Quoted Post
I know that this is going to be very simple for some of you but not for me lol. What I am looking for is to add the stochastic momentum index to the trend analysis group. Where it searches, tests, and puts a signal on the chart with the advisor as the macd does.

Hi,

I recommend always making a Copy of the original formulas in this case. Basically though you will have to Copy and then Edit each Expert and System Test.

Additionally, there are a few different methods to generate signals for the Stochastic Momentum Index, such as crossing overbought/oversold levels, crossing through its signal line, as a divergence indicator, etc. An example using a SMIBuy signal crossing below -40 is given below:

Code:
SMIBuy:=Cross(-40,StochMomentum(5,3,3));
SMIBuy

The above code can be easily added to the Symbols tab when Editing the Expert by clicking New and setting the relevant symbol details (graphic/label/etc).

Within the System Tester you can Edit your copy of the System Test, and add:

Code:
SMIBuy:=Cross(-40,StochMomentum(5,3,3));

just above the last line for the Buy Order and Buy to Cover Order tabs. Then you want to modify the last line to include SMIBuy:

Code:
AroonBuy or DrctnlIndicatorBuy or MACDBuy or SMIBuy

Mejeur  
#3 Posted : Friday, April 17, 2020 4:59:02 PM(UTC)
Mejeur

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Joined: 2/9/2007(UTC)
Posts: 2

I am looking for the signal to be generated on the crossover of the signal line. Sorry for not explaining it better in the first message
MS Support  
#4 Posted : Friday, April 17, 2020 8:30:32 PM(UTC)
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Originally Posted by: Mejeur Go to Quoted Post
I am looking for the signal to be generated on the crossover of the signal line. Sorry for not explaining it better in the first message

Code:
SMIBuy:=Cross(StochMomentum(5,3,3),Mov(StochMomentum(5,3,3),3,S));
SMIBuy

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