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Different answers in indicator buider and expert
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Joined: 11/22/2008(UTC)
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For example: I make an expert with moving avrage 15 that crosses mov 100 with buy and sell signals. I than attach an expert on a chart and everything seems ok. But when I then make to indicators (mov 15 and mov 100) and lie it on top of the chart with the expert, the expert and the crossings of the two indicators give me different crossingpoints. Why this ???
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Rank: Advanced Member
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Location: Perth, Western Australia
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Without being able to see the chart as you see it or the codes; I will guess that you have different types of MAs in the expert and the chart? You might have correctly set the length of the MAs, but did you set the data and the moving average type to be the same in the indicators as in the expert?
wabbit [:D]
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Rank: Newbie
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Joined: 11/22/2008(UTC)
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Thank you for the answer.
Formula in indicator builder
1: mov(C,15,E)
2: mov(C,100,E)
Formula in expert
mov(C,15,E) > mov (C,100,E) bull and mov(C,15,E) < mov(C,100,E) bear
I get the same result in expert and when I backtest, but not when I use the two indicators
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Rank: Advanced Member
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Joined: 10/28/2004(UTC)
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Location: Perth, Western Australia
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Are you aligning the indicators on the chart with the price scale on the chart? Or are you creating a new scale for the indicators, or overlaying the indicators without scaling?
wabbit [:D]
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Rank: Newbie
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Joined: 11/22/2008(UTC)
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I am quite new to ME.
First I bring up a new stock. Then I attach an expert. Then I just get my two indicators from the indcator meny and overlay them on the chart with the expert.When I attach the two indicator I get up a small meny and then I chose the alternativ on the top (I don't remember what it says).
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users
Joined: 10/28/2004(UTC)
Posts: 3,111
Location: Perth, Western Australia
Was thanked: 16 time(s) in 16 post(s)
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That's the problem...
The top menu choice is to display the indicators on a new scale on the left hand side of the chart, when the data price is (normally) displayed on the right hand axis. When you drop a price-type indicator on a chart, you want to make sure it is "synchronized" with the price scale of the chart, so in the scaling dialogue box make sure to select "merge with scale on left/right" whichever axis has the price data on it.
Have a read in the MS User Manual about "scaling"
Hope this helps.
wabbit [:D]
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 11/22/2008(UTC)
Posts: 5
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Thank you, that solved the problem !
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Rank: Member
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Joined: 4/23/2005(UTC)
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wabbit wrote:That's the problem...
The top menu choice is to display the indicators on a new scale on the left hand side of the chart, when the data price is (normally) displayed on the right hand axis. When you drop a price-type indicator on a chart, you want to make sure it is "synchronized" with the price scale of the chart, so in the scaling dialogue box make sure to select "merge with scale on left/right" whichever axis has the price data on it.
But... what to do when the scaling dialogue box don't appear?
Is there any formula that forces an indicator to recognize the charts price and use them as an "anchor"?
I'm having the same problem [:(]
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Rank: Advanced Member
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Joined: 9/13/2004(UTC)
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Location: Salt Lake City, UT
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The vast majority of indicators should pop up the scaling box. I believe that moving averages do not. In any case, you can right click on a plotted indicator and choose "Scaling" to get to the scaling menu.
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