Rank: Newbie
Groups: Registered, Registered Users Joined: 2/9/2007(UTC) Posts: 2
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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.
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Rank: Advanced Member
Groups: Moderators, Registered, Registered Users, Subscribers Joined: 10/8/2010(UTC) Posts: 1,959
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Originally Posted by: Mejeur 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
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Rank: Newbie
Groups: Registered, Registered Users Joined: 2/9/2007(UTC) Posts: 2
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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
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Rank: Advanced Member
Groups: Moderators, Registered, Registered Users, Subscribers Joined: 10/8/2010(UTC) Posts: 1,959
Thanks: 91 times Was thanked: 155 time(s) in 150 post(s)
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Originally Posted by: Mejeur 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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