Macd Alerts

[walton]

Hi,

I have found a formula for MACD hist, However I would like to set alerts into it, I have looked around and added bits to it but they have not worked, I was wondering if someone had a MACD hist alert formula.

I know you can just use a moving average alert for the cross overs, However I would Like to work on the movement of the Hist itself: For example if the hist is has 2 consecutive days below previous high it is a sell signal, and if the hist has 2 consecutive days above the pervious low it is a buy signal.

Thanks

W

[ACM]

Walton
Attached is a functioning copy of your efs.
FYI all I did was to get it to work by adding a few variables that were either incorrectly named or missing, Nothing else has been done to it and it is possible that it may need some further work to clean it up and optimize it.
Alex

[walton]

That is much appreciated Alex thank you. Now I would like to add on an alert for the Hist to sell when there is a lower high and buy when there is A higher high, is it possible to do this.

In the Formula that is written it has red Hists when there is a lower high and green for higher highs, so I think there would be a simple add on to it to make this work… I think.

I would much appreciate the Help

W

[ACM]

Walton
The attached revision of the efs adds the Alerts triggered by the Hist
Alex

[walton]

Alex,

Thank you, for that, I was just wondering how do you chang it form an alert to a backtest?

Thanks

W

[ACM]

Walton
You will need to add the doLong, doShort, etc commands in the appropriate section(s) of the efs ie where the buy/sell signals would be generated.
There should be a number of examples among the formulas you already have in your folders (see in Formulas->BackTesting folder)
Alex

[robert_ch]

macdcolorhist problems

Both efs have some bug - sometimes - higher then previous histogram is red, and sometimes lower than previous histogram is green.

When you reload efs - everything get fixed, but then when intraday data starts coming - same problem again. Growing histogram sometimes red, decreasing sometimes green.

Is there a way to fix it? (it is great efs concept - alarms, arows, popups + sound)

[ACM]

-

robert_ch
The reason for that behavior is probably because the formula was originally intended to run using the global compute on close setting. To resolve this open the efs with the Editor and replace the following section of code

if (vHist != null) {
    vHist1 = vHist;
} 

with either

if (getBarState()==BARSTATE_NEWBAR && vHist != null) {
    vHist1 = vHist;
} 

or

vHist1 = study.getValue(MACDStudy.HIST,-1); 

Once you make this change the script should be working correctly when computing on every tick
Alex

Originally posted by robert_ch
Both efs have some bug - sometimes - higher then previous histogram is red, and sometimes lower than previous histogram is green.

When you reload efs - everything get fixed, but then when intraday data starts coming - same problem again. Growing histogram sometimes red, decreasing sometimes green.

Is there a way to fix it? (it is great efs concept - alarms, arows, popups + sound)